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Quick Heal Technologies IPO IPO

Mainline8 Feb 201610 Feb 2016
Open
8 Feb 2016
Close
10 Feb 2016
3
Allotment
Listing
Thu, Feb 18, 2016
Price Band
₹311 to ₹321
Issue Size
1,40,57,719 shares (agg. up to ₹451 Cr)
Lot Size
45 Shares
Listing Date
Thu, Feb 18, 2016
✦ AI Insight

Live Subscription

CategorySubscription (times)
Total8.01x

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Advertising and sales promotion111.00
2Capital expenditure on research and development41.88
3Purchase,development and renovation of office premises in Kolkata, Pune and New Delhi27.60
4General corporate purposes53.78

About Quick Heal Technologies IPO

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 Reputation 3. Large and Diverse User Base4. Strong and Diversified Channel Network 5. Significant R&D and Technology Capabilities6. Experienced Management Team and Qualified Pool of Employees Backed by a Venture Capital Investor7. Consistent G

Contact Details

Quick Heal Technologies Ltd. AddressMarvel Edge, Office No.7010 C & D7th Floor, Opposite Neco Garden SocietyViman NagarPune, Maharashtra, 411014+91 20 6681 3232cs@quickheal.co.inVisit Website