Quicktouch Technologies Limited IPO Detail
Incorporated in 2013, Quicktouch Technologies Limited is an information technology company. The company is in the business of Software IT Solution and Consulting Services, IT Product/Software Development and Software Commercial Training, and Web designing.
Quicktouch Technologies Limited's Web designing services include: Website Designing/ Redesigning, iOS App/ Android/ Mobile App Development, Digital Marketing, and Web Hosting Services.
The company is engaged in the business of Enterprise Resource Planning (ERP). Quicktouch Technologies Limited help businesses to perform and excel in their operations by leveraging industry-wide experience, deep technology expertise, comprehensive services portfolio backed by a robust business model.
With years of domain expertise, processes, and infrastructure, the entity is diversifying its services offering to cater to various business sectors.
Company Promoters
Mr. Gaurav Jindal and Ms. MadhuIPO Details
| IPO Opening Date | Apr 18, 2023 |
| IPO Closing Date | Apr 21, 2023 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹61 per equity share |
| Market Lot | 2000 Shares |
| Min Order Quantity | 2000 Shares |
| Listing At | NSE SME |
| Issue Size | ₹9.33 Cr |
| Fresh Issue | ₹9.33 Cr |
| Offer for Sale | - |
| Retail Portion | 50% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | - | - | 1.10x | 0.75x | 0.92x | |
| Day 2 | - | - | 2.64x | 3.01x | 2.82x | |
| Day 3 | - | - | 7.58x | 9.75x | 9.90x | |
| Day 4 | - | - | 160.40x | 49.55x | 107.26x |
IPO Tentative Timetable
The Quicktouch Technologies Limited IPO open date is Apr 18, 2023, and the close date is Apr 21, 2023. The issue may list on May 02, 2023.
| IPO Open Date | Apr 18, 2023 |
| IPO Close Date | Apr 21, 2023 |
| Basis of Allotment Date | Apr 26, 2023 |
| Initiation of Refunds | Apr 27, 2023 |
| Credit of Shares to Demat Account | Apr 28, 2023 |
| IPO Listing Date | May 02, 2023 |
IPO Lot Size
The Quicktouch Technologies Limited IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹122000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹122000 |
| Maximum | 1 | 2000 | ₹122000 |
IPO Promoter Holding
| Pre Issue Share Holding | 89.41% |
| Post Issue Share Holding | 65.72% |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-20 | 618.94 | 265.92 | 22.64 |
| 31-Mar-21 | 673.88 | 728.12 | 52.78 |
| 31-Mar-22 | 1,686.36 | 2,552.73 | 221.15 |
Objects of the Issue:
The Company intends to utilize the proceeds of the Issue to meet the following objects:
- To meet the Working Capital requirement of our Company;
- Acquisition of business in similar or complementary areas
- General Corporate Purposes
- Issue related expenses
Quicktouch Technologies Limited IPO Registrar:
Skyline Financial Services Private Ltd
Quicktouch Technologies Limited IPO Lead Manager(s):
Share India Capital Services Private Limited Khambatta Securities Limited
Company Contact Information:
Quicktouch Technologies Limited
815, Aggarwal Cyber Plaza-1,
Netaji Subhash Place, Pitampura,
Delhi-110034
