business π¬ Q-Line Biotech IPO: GMP and Price Band Details
Q-Line Biotech is launching its maiden book building IPO with a price band of Rs. 326 - Rs. 343 per share. The company is based in India and deals in manufacturing diverse reagents and consumables for diagnostic needs. The IPO aims to mobilize Rs. 214.48 cr by issuing 6,253,200 equity shares between May 21, 2026, and May 25, 2026. Despite top-line growth, FY25 bottom line suffered due to accounting adjustments and a Rs. 16.97 cr extraordinary item. Investors are advised that the issue appears fully priced, suggesting moderate long-term funds might be suitable. π