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:
- Large Portfolio of Easy to use, High quality Solutions
- Recognized Brand Name and Positive Reputation
- Large and Diverse User Base
- Strong and Diversified Channel Network
- Significant R&D and Technology Capabilities
- Experienced Management Team and Qualified Pool of Employees Backed by a Venture Capital Investor
- Consistent Growth, Profitability and Cash Flow Generation
Quick Heal IPO Details
| IPO Opening Date | Feb 8, 2016 |
| IPO Closing Date | Feb 10, 2016 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹311 to ₹321 per equity share |
| Market Lot | 45 Shares |
| Min Order Quantity | 45 Shares |
| Listing At | BSE, NSE |
| Issue Size | 14,057,719 Eq Shares of ₹10 (aggregating up to ₹451.25 Cr) |
| Fresh Issue | 7,788,161 Eq Shares of ₹10 (aggregating up to ₹250.00 Cr) |
| Offer for Sale | 6,269,558 Eq Shares of ₹10 (aggregating up to ₹201.25 Cr) |
Company Promoters:
Promoters of the company includes Kailash Sahebrao Katkar, Sanjay Sahebrao Katkar, Anupama Katkar and Dr. Chhaya Katkar.
Company Financials:
| Particulars | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | 31-Mar-12 | 31-Mar-11 |
| Total Liabilities | 4,336.79 | 3,830.14 | 3,144.98 | 2,295.86 | 1,607.93 |
| Total Assets | 4,336.79 | 3,830.14 | 3,144.98 | 2,295.86 | 1,607.93 |
| Total Revenue | 2,922.50 | 2,537.49 | 2,146.34 | 1,846.57 | 1,331.12 |
| Profit After Tax (PAT) | 562.98 | 615.53 | 775.38 | 681.95 | 385.77 |
Objects of the Issue:
The Offer consists of a Fresh Issue by our Company aggregating to 2,500.00 million, and an Offer for Sale of up to 6,814,736 Equity Shares.
Objects of the Fresh Issue:
- Advertising and sales promotion;
- Capital expenditure for research and development;
- Purchase, development and renovation of office premises in Chennai, Kolkata, Pune and New Delhi; and
- General corporate purposes.
Quick Heal IPO Listing Date
| Listing Date | Thursday, February 18, 2016 |
| BSE Script Code | 539678 |
| NSE Symbol | QUICKHEAL |
| Listing In | B Group of Securities |
| ISIN | INE306L01010 |
| IPO Price | ₹321 per equity share |
| Face Value | ₹10 per equity share |
Listing Day Trading Information
| .particular | BSE | NSE |
| IPO Price | ₹321.00 | ₹321.00 |
| Open | ₹304.95 | ₹305.00 |
| Low | ₹246.00 | ₹245.60 |
| High | ₹329.95 | ₹330.00 |
| Last Trade | ₹254.45 | ₹253.85 |
| Volume | 5,539,801 | 22,072,111 |
Quick Heal IPO Lot Size
The Quick Heal IPO market lot size is 45 shares. A retail-individual investor can apply for up to 13 lots (585 shares or ₹187,785).
| Application | Lots | Shares | Amount (Cut-off) |
| Minimum | 1 | 45 | (45*321)=₹14,445 |
| Maximum | 13 | 585 | (585*321)=₹187,785 |
| Quick Heal IPO Registrar Link Intime India Private Ltd Link Intime India Private Ltd C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai – 400083 Phone: +91-22-4918 6270 Email: qhtl.ipo@linkintime.co.in Website: http://www.linkintime.co.in | Company Contact Information Quick Heal Technologies Ltd Marvel Edge, Office No. 7010 C & D, 7th Floor, Opposite Neco Garden Society, Viman Nagar, Pune 411 014, India Phone: +91 20 6681 3232 Email: cs@quickheal.co.in Website: http://www.quickheal.com |
