Page 3 - Quess Corp

Retail portion of Quess Corp offer for sale subscribed 3 times

Shares of Quess Corp gained 8% to close at Rs 925

Quess Corp's Rs 680-crore OFS oversubscribed

The Rs 680-crore offer for sale (OFS) by Quess Corp saw five times more demand the shares on offer. Promoters Thomas Cook and Ajit Abraham Isaac offloaded about six per cent stake in the company through the OFS to comply with the 25 per cent minimum public shareholding norms. The base price for the 8.5-million share sale was fixed at Rs 800 apiece, however, most bids came at Rs 837. Shares of Quess ended at Rs 857, down 6.2 per cent in secondary market trading on the BSE. About 850,000 shares reserved for retail investors will be auctioned on Friday. Following the share sale the promoter holding in the company will drop from 81.52 per cent to 75.38 per cent. Axis Capital Limited and India Infoline acted as investment bankers for the deal. Quess Corp is a technology solutions and manpower staffing company and currently has market capitalistion of Rs 11,855 crore. Motilal Oswal has a buy rating on the stock with a price target of Rs 1,170 crore. "Valuations are rich, given its strong ...

Quess Corp falls 8% as share sales by promoters begin; Thomas Cook up 5%

Quess Corp has dipped 8% to Rs 840 on the BSE in early morning trade after the promoters fixed floor price at Rs 800 per share for offer for sale.

Quess Corp owners to raise Rs 680 cr through share sale

Sale to be held on Thursday and Friday; floor price fixed at Rs 800

Quess Corp acquires majority stake in TBSS for Rs 153 crore

Quess will own 51% in the company, which will be rebranded with a new identity, while Tata Sons, the promoter of TBSS, will retain 49%

Quess Corp acquires majority stake in TBSS for Rs 153 crore

TBSS is among India's premier customer experience management companies

Quess Corp Q2 net surges over four-fold to Rs 141 cr

Bengaluru-based firm said it is spending around Rs 40 cr to buy 70% stake in Vedang Cellular Services

Quess Corp looks at managing airports, health services

Quess Corp, the services firm with investments from Canadian billionaire Prem Watsa, is looking to offer operation and maintenance services to airports, roads, ports and health services. The Bengaluru-based firm has set up a division called the public infrastructure services group, looking at taking over public infrastructure and managing it on agreed service levels replicating its success in the private industry. "There are airports, roads, ports, health services, railways etc, wherever citizen services are being offered. We are building this out, we are in conversations with various state governments on some of the public infrastructure that we will like to involved with," said Ajit Isaac, chairman and managing director Quess Corp.Quess manages over 2,000 mega watts of power production; has set up solar energy plants and handles production of steel for its clients."We want to use the skills that we have got in the O and M in the private sector to build that in the operations and .

Quess Corp rallies over 10% on heavy volumes

The board approved the acquisition of the facility management business and catering business of MIS.

Quess Corp eyes larger role in staffing space, to acquire stakes in three companies

Terrier Securities, Simpliance and Comtel Solutions are the companies

Quess Corp surges on strong Q2 results

The stock surged 11% to Rs 664, highest level since listing on July 12, 2016 on BSE.

Quess Corp surges on good Q1 results; board nod to form two subsidiaries

The stock is trading at highest level since its listing at Rs 584, appreciating 84% against its issue price of Rs 317.

Quess soars 59% on debut

The company's Rs 400-crore issue had witnessed a demand of 140 times the shares on offer

Quess Corp surges 59% on debut

The stock touched a high of Rs 509 and a low of Rs 480 in intra-day trades

Quess Corp lists at 58% premium to issue price

The stock listed at Rs 500 on the NSE and at Rs 499 on the BSE

Quess Corp IPO subscribed 144 times

It's also the fifth highest subscribed issue since the year 2000, data collated from Prime Database show

Quess Corp's Rs 400 cr IPO oversubscribed

Quess Corp has already raised Rs 180 crore from anchor investors

Quess Corp subscribed 0.41 times on Day One of IPO

The retail quota got subscribed 2.2 times, while the non-institutional segment got subscribed 0.05 times

Quess Corp: High growth, but low entry barriers

The company, which seeks to be a preferred partner of corporate firms for handling business functions, has used the acquisition route to expand its operations

Quess Corp plans to raise Rs 400 cr via IPO

The company, promoted by Thomas Cook (India), fixed price band of Rs 310-Rs 317 per share; issue to remain open from June 29-July 1