FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
Quess Corp IPO is a book built issue of Rs 400.00 crores.
Quess Corp IPO bidding started from June 29, 2016 and ended on July 1, 2016. The shares got listed on BSE, NSE on July 12, 2016.
Quess Corp IPO price band is set at ₹310 to ₹317 per share. The minimum lot size for an application is 45 Shares. The minimum amount of investment required by retail investors is ₹14,265.
Axis Capital Limited, ICICI Securities Limited, Iifl Securities Ltd and Yes Bank Limited are the book running lead managers of the Quess Corp IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to Quess Corp IPO RHP for detailed information.
IPO Date | June 29, 2016 to July 1, 2016 |
Listing Date | July 12, 2016 |
Face Value | ₹10 per share |
Price Band | ₹310 to ₹317 per share |
Lot Size | 45 Shares |
Total Issue Size | 125,953,353 shares (aggregating up to ₹400.00 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Quess Corp IPO offers 7,096,774 shares. 3,903,023 (55.00%) to QIB, 1,916,251 (27.00%) to NII, 1,277,500 (18.00%) to RII. 28,388 RIIs will receive minimum 45 shares and (sNII) and (bNII) will receive minimum 675 shares. (in case of oversubscription)
Investor Category | Shares Offered | Maximum Allottees |
---|---|---|
Anchor Investor Shares Offered | - | NA |
QIB Shares Offered | 3,903,023 (55.00%) | NA |
NII (HNI) Shares Offered | 1,916,251 (27.00%) | |
Retail Shares Offered | 1,277,500 (18.00%) | 28,388 |
Total Shares Offered | 7,096,774 (100%) |
Investors can bid for a minimum of 45 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 45 | ₹14,265 |
Retail (Max) | 14 | 630 | ₹199,710 |
Lot Size Calculator |
Incorporated in 2007, Quess Corp Limited (formerly known as IKYA HUMAN CAPITAL SOLUTIONS LIMITED), is integrated business services provider in India mainly focused on emerging as the preferred partner for handling end-to-end business functions of their clients. Information in this paragraph is copied from chittorgarh.com. Quess offers services across many sectors like IT and ITES staffing, managing facilities, F&B sector, skill development training, general staffing, HR solutions, engineering services, etc.
Headquartered in Bengaluru, the Company has pan-India presence with 47 offices across 26 cities, as well as operations in North America, the Middle East and South East Asia. Content in this paragraph is copied from chittorgarh.com. It serves over 1300+ customers across 4 segments namely, Global Technology Solutions, People & Services, Integrated Facility Management and Industrial Asset Management.
Particulars |
For the year/period ended (in Rs. Million) | ||||
31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | 31-Mar-12 | |
Total Assets | 12,378.68 | 7,190.96 | 3,309.11 | 2,541.99 | |
Total Revenue | 34,424.26 | 25,727.58 | 10,043.52 | 6,394.35 | |
Profit After Tax (PAT) | 885.21 | 672.16 | 171.02 | 83.05 |
The objects of the issue are:
1. Repayment of debt availed by the Company;
2. Funding capital expenditure requirements of the Company and their Subsidiary, MFX US;
3. Funding incremental working capital requirement;
4. Acquisitions and other strategic initiatives; and
5. General corporate purposes.
[Dilip Davda] This being a niche player with many firsts to its credit and having bright prospects ahead may be considered for medium to long term investment as it also enjoys first mover tag for the segment. Read detail review...
The Quess Corp IPO is subscribed 143.99 times on July 1, 2016 5:00:00 PM. The public issue subscribed 31.23 times in the retail category, 59.02 times in the QIB category, and 392.21 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|---|
QIB | 59.02 |
NII | 392.21 |
Retail | 31.23 |
Total | 143.99 |
Listing Date | July 12, 2016 |
BSE Script Code | 539978 |
NSE Symbol | QUESS |
ISIN | INE615P01015 |
Final Issue Price | ₹317 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE |
---|
₹317.00 |
₹499.00 |
₹480.05 |
₹508.60 |
₹503.00 |
NSE |
---|
₹317.00 |
₹500.00 |
₹480.00 |
₹509.30 |
₹503.10 |
Quess Corp Ltd
3/3/2, Bellandur Gate,
Sarjapur Main Road,
Bengaluru 560 103
Phone: +91 80 6105 6000
Email: investor@quesscorp.com
Website: http://www.quesscorp.com
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: qcl.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Quess Corp IPO is a main-board IPO of 125,953,353 equity shares of the face value of ₹10 aggregating up to ₹400.00 Crores. The issue is priced at ₹310 to ₹317 per share. The minimum order quantity is 45 Shares.
The IPO opens on June 29, 2016, and closes on July 1, 2016.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Quess Corp IPO opens on June 29, 2016 and closes on July 1, 2016.
Quess Corp IPO lot size is 45 Shares, and the minimum amount required is ₹14,265.
You can apply in Quess Corp IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Quess Corp IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Quess Corp IPO allotment status.
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|