Mumbai (Maharashtra) [India], September 23 (ANI/PNN): QMS Medical Allied Services (QMS) engaged in the business of marketing and distribution of a wide range of medical and healthcare devices and accessories, proposes to open its initial public offer (IPO) of 47,00,000 Equity Shares of Rs 10 each for cash at a price of Rs 121 per equity share aggregating to Rs 5,687 Lakh on the NSE Emerge platform. Of this, 19,00,000 equity shares are offered for sale while fresh issue is of 28,00,000 equity shares. The issue will close on September 30, 2022.