Qualitek Labs Ltd. IPO

Our Company is primarily engaged in the business of provides testing, inspection, homologation, certification and consultancy services to various industries viz the automotive, defense, minerals, environment & water, food & agriculture, pharma & healthcare, and metal & ... metallurgy. Read more

Our Company was incorporated as Qualitek Labs Private Limited, a private limited company, at Delhi under the Companies Act, 2013 on May 17, 2018 and was granted the certificate of incorporation by the RoC. Subsequently, our Company was converted into a public limited company under the Companies ... Act, 2013, pursuant to the approval accorded by our Shareholders at their extra-ordinary general meeting held on March 17, 2023. Consequently, the name of our Company was changed to “Qualitek Labs Limited” and a fresh certificate of incorporation consequent upon conversion from a private limited company to a public limited company was issued to our Company by the RoC on April 26, 2023 and our Corporate Identification Number (CIN) is U74999DL2018PLC334105.

The Indian testing, inspection, and certification (TIC) market size was valued at USD 26 million in 2021 and is projected to reach USD 47 million by 2030, registering a CAGR of 6.9% during the forecast period (2022- 2030).

Highlights:
1. Testing dominates the market by service ... sourcing type. 2. Infrastructure dominates the market by application. 3. The in-house segment dominates by sourcing type. India's testing, inspection, and certification (TIC) market is a quickly expanding industry offering services to several sectors, including manufacturing, the automobile, aerospace, medical, food and beverage. The government's emphasis on quality and safety requirements, the rising need for certification services, and the expansion of the manufacturing and automotive industries are some of the main factors driving the TIC market in India. The implementation of numerous rules and guidelines by the Indian government, including BIS, FSSAI, and BEE, has raised the demand for testing and certification services. Read more