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High315
Low310
Prev. Close315
Avg. Traded Price313.15
Volume5,200
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₹310.009 hours ago
₹315.008 hours ago
Qualitek Labs Limited 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, the company was converted into a public limited company under the Companies Act, 2013, pursuant to the approval accorded by its Shareholders at their extra-ordinary general meeting held on March 17, 2023. Consequently, the name of the 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 the company by the RoC on April 26, 2023.The company is primarily engaged in the business of provides testing, inspection, homologation, certification and consultancy services to various industries viz the automotive, defence, metals metallurgy, environment and water, minerals, food agriculture, pharma healthcare. Within 5 years of incorporation, the company has commenced its business operation of providing services to its clients from a testing laboratory, which was set up in Pune in the year 2018. Later in the year 2022, the company expanded and established the second laboratory in Bhubaneshwar. Also, the company is in process of setting up another two testing laboratories at Pune and Noida.The company’s team of professionals has the knowledge and experience to fully understand the challenges faced by the industry and try to comprehend the same. In addition, its experienced team has enabled it to build an effective business model that gives it control over its processes such as raw material procurement, marketing and sales through its network.Business area of the companyThe 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.Lab testing services of the companyAutomotive testingDefence product testingMetals metallurgy testingMineral testingEnvironment water testingFood and agriculture testingPharma healthcareAwards, accreditations and recognitions2019: Accreditation through test correlation with Ford Motor Company Laboratories.2020: Recognition of supplier competence vide letter reference DEATC I/2020/NC/004 by Renault Nissan Technology Business Centre India.2021: Certificate for recognition of Qualitek Labs as a certified laboratory service providerof Volkswagen in accordance with admission to implementation of Volkswagen test regulations.2022-24: Accredited by NABL for ISO / IEC 17025: 2017 in recognition of general requirement for the Competence of Testing Calibration Laboratories for its facility at Plot No. PAP-E-3/1, Chakan Industrial Area Phase III, MIDC, Village Kuruli, Taluka Khed, District Pune, Maharashtra.2021-23: Accredited by NABL for ISO/ IEC 17025:2017 in recognition of general requirement for the Competence of Testing Calibration Laboratories for its facility at D-2/18Mancheswar Industrial Estate, Bhubaneswar- 751010, Odisha.2022-23: ISO 9001: 2015 in recognition of organization’s Quality Management System.2022-23: ISO 14001: 2015 in recognition of organization’s Environment Management System.2022-23: ISO 45001: 2018 in recognition of organization’s Health and Safety Management System.History and milestones2018: Company started green field project in Bhubaneshwar, East India through public-private partnership by signing contract with UPMA under MSMECluster development programme- Odisha to run business in Odisha for 27 Years.2018: Company started testing laboratory in Pune with major focus on testingfor automotive industry.2022: Increase in turnover from Rs 83,01,470 in FY 2018-2019 to Rs. 12,71,96,555 till Q3 of FY 2022-202302018-2023: The Company has participated in various inter laboratory comparison program and proficiency testing programs.2023: First company to receive JSS 55555 accreditation in testing of defence equipments for Government of India.
