Business Standard

Quick Heal Technologies Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

451.25 cr

Price Range (₹)

321

Lot Size

45

Min Investment (₹)

14,445.00

Listing Exchange

MumbaiNSE

Open Date

08-Feb-2016

Close Date

10-Feb-2016

Listing Date

18-Feb-2016

Quick Heal Technologies Ltd News

    The Shares of Quick Heal Technologies Ltd have now been listed.

    Quick Heal Technologies Ltd IPO Details

    Initial public offer of 14,057,719 equity shares of face value Rs. 10 each (equity shares) of Quick Heal Technologies Limited (company or issuer) for cash at a price of Rs. 321 per equity share (including a share premium of Rs. 311 per equity share) aggregating up to Rs. 451.25 crores (the offer) consisting of a fresh issue of up to 7,788,161 equity shares by the company aggregating up to Rs. 250.00 crores (the fresh issue) and an offer for sale of 6,269,558 equity shares by Kailash Sahebrao Katkar, Sanjay Sahebrao Katkar, Sequoia Capital India Investment Holdings III and Sequoia Capital India Investments III (collectively, the selling shareholders) aggregating up to Rs. 201.25 crores (the offer for sale). The offer comprises a net offer to the public of 13,901,956 equity shares (the net offer) and a reservation of 155,763 equity shares aggregating up to Rs. 5.000 crores for subscription by eligible employees (The employee reservation portion). The offer would constitute 20.07% of the post-issue paid-up equity share capital and the net offer would constitute 19.85% of the post-issue paid-up equity share capital. The Offer Price : Rs. 321 per equity share of face value of Rs. 10 each. The offer price is 32.1 times of the face value anchor investor issue price : Rs. 321 per equity share.

    Objective of issue

    Advertising and Sales promotion. Capital expenditure for research and development. Purchase, development & renovation of office prem.. General corporate purposes.

    Quick Heal Technologies Ltd Contact Details

    Quick Heal Technologies Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - cs@quickheal.co.in; info@quickheal.com

    Website - www.quickheal.com