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QMSK Technology Filed Terms, Nasdaq: QMSK

Chinese provider of auto insurance aftermarket services.

Industry: Industrials

We are a holding company incorporated in the Cayman Islands. Through our PRC operating entities, we provide comprehensive business solutions to enterprise customers in the insurance industry, mainly auto insurance third-party service providers and insurance companies in China. Auto insurance third-party service providers are companies providing various services to auto insurance companies, such as aftermarket services and brokerage services. Leveraging our in-depth knowledge of the auto insurance industry amassed since the inception of our PRC operating entities in 2013, we specialize in providing auto insurance aftermarket services, primarily (i) insurance risk assessment service, and (ii) value-added services, such as vehicle safety inspection services and vehicle maintenance services. In addition, we also provide other scenario-based customized services, such as IT services and promotional services, on a case-by-case basis. For the six months ended September 30, 2024, and for the fiscal years ended March 31, 2024 and March 31, 2023, we provided services for a total of 57, 35 and 19 enterprise customers, respectively. Some of our customers are well-known major insurance companies in China. All of our revenues have been and will continue to be derived from the Chinese mainland in the foreseeable future.
IPO Data
IPO File Date 01/28/2025
Offer Price
Price Range $4.00 - $6.00
Offer Shares (mm) 1.5
Deal Size ($mm) $8
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
D. Boral Capital
Company Data
Headquarters Qingdao, China
Founded 2013
Employees at IPO 32
Website www.qmsk.work

QMSK Technology (QMSK) Performance

Created with Highcharts 10.3.2Chart context menuQMSK vs. IPO Index (IPOUSA)18. Nov25. Nov2. Dec9. Dec16. Dec23. Dec30. Dec6. Jan13. Jan20. Jan27. Jan3. Feb10. Feb0%+ 10%-5%+ 5%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index