IPO Issue Details
Issue Price / Price Band₹321 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size45 Shares per Lot
Total Issue Size1,40,57,719 shares (aggregating up to ₹451.25 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenMon, 08 Feb 2016
Subscription CloseWed, 10 Feb 2016
Anchor AllotmentSun, 07 Feb 2016
Basis of AllotmentTue, 16 Feb 2016
Initiation of RefundsWed, 17 Feb 2016
Credit of Shares to DematWed, 17 Feb 2016
Listing DateThu, 18 Feb 2016
UPI Mandate Deadline2016-02-10
Application & Investment Details
Retail — Min (1 Lots)₹14,445 — 45 shares
Retail — Max (13 Lots)₹187,785 (13 Lots)
HNI — Min (14 Lots)₹2,02,230 — 630 shares
Pre-IPO Promoter Holding6,22,41,867 shares
Post-IPO Promoter Holding7,00,30,028 shares
Fresh Issue Shares77,88,161 shares (aggregating up to ₹250.00 Cr)
Offer for Sale Shares62,69,558 shares of ₹10 (aggregating up to ₹201.25 Cr)
About Quick Heal Technologies Ltd.
Incorporated in 1995, Quick Heal Technologies Ltd is Pune, India based IT security solutions company. Company has market share of over 30% in the retail segment in India. Quick Heal's customers include home users, small offices and home offices, SMBs, enterprises, educational institutions, as well as government agencies and departments.Company's proprietary antivirus technology works to detect security threats including virus and malware attacks in real time to protect users IT assets across platforms, including Windows, Mac, Android, iOS and Linux, and across devices, including desktops, laptops, mobile/ smartphones and tablets.Since its incorporation, more than 24.5 million licenses of the products have been installed and as of June 30, 2015, company has over 6.9 million active licenses spread across more than 80 countries.Strengths of the company:1. Large Portfolio of Easy to use, High quality Solutions2. Recognised Brand Name and Positive Reputation3. Large and Diverse User Base4. Strong and Diversified Channel Network5. Significant R&D and Technology Capabilities6. Experienced Management Team and Qualified Pool of Employees Backed by a Venture Capital Investor7. Consistent Growth, Profitability and Cash Flow Generation
Objects of the Issue
Quick Heal Technologies Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Advertising and sales promotion
111.00
2
2 Capital expenditure on research and development
41.88
3
3 Purchase,development and renovation of office premises in Kolkata, Pune and New Delhi
27.60
4
4 General corporate purposes
53.78
Shareholding & Lock-in
Pre-IPO Promoter Holding
6,22,41,867 shares
Post-IPO Promoter Holding
7,00,30,028 shares