Qualitek Labs IPO continued receiving strong subscriptions on Day 2 of bidding. The issue was subscribed 6.55 times at 2:45 pm on Day 2 (January 19). It received bids for 1.22 crore shares as against 18.64 lakh shares on the offer.
Qualitek Labs is primarily engaged in the business of providing testing, inspection, homologation, certification, and consultancy services to various industries, including automotive, defence, minerals and metals, environment, and food & beverage.