May 3, 2023
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Quicktouch Technologies IPO Particulars & Guidance at Chanakyanipothi.com, the Oldest & the most Trusted Investment Website in India for coming up IPOs. Operational since 8th December 1999, this is the Only Investment Platform in India, which has successfully completed 23 Years.
Quicktouch Technologies IPO Guidance:
The company is in the business of IT consulting and solutions, which has vast opprotunities as well as tough competition. In the year prior to the IPO, the company has shown very high profits and we cannot opine whether it will sustain or not. There is no fancy in the grey market for this IPO.
Quicktouch Technologies IPO Grey Market updates prior to listing..
GMP: Rs. 12, less trades
Quicktouch Technologies IPO Subscription Status
On 21 April 2023 @ 5.00 (Closed)
NII: 726000 Shares 160.40T
RII: 726000 Shares 49.55T
Total: 1452000 Shares 107.26T
Quicktouch Technologies IPO Particulars & Guidance:
About the business
The Company is in the business of Software IT Solution and Consulting Services, IT Product / Software Development and Software Commercial Training, Web designing. Web designing services include: Website Designing/ Redesigning, iOS App/ Android/ Mobile App Development, Digital Marketing, Web Hosting Services. It has leveraged its domain expertise, processes and infrastructure to diversify its offering of services to cater to a variety of business sectors.
Its team has extensive experience working in the education sector, and it is committed to providing highquality solutions that help our clients succeed. Its management team is comprised of savvy technocrats and industry experts, bringing years of experience to a young company.
The Company is engaged in the business of Enterprise Resource Planning (ERP) – A school management software and mobile apps that help simplify administration and organization.
For more information about the company, Click www.quicktouch.co.in
| Quicktouch Technologies IPO Details | |
| IPO opens on Tentative | 18 April 2023 |
| IPO closes on | 21 April 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 1530000 Sh /Rs 9.33 Cr |
| * Fresh Issue | 1530000 Sh /Rs 9.33 Cr |
| * Offer for Sale | – Sh /Rs – Cr |
| Face Value per share: | Rs. 10 |
| Price Band | Rs.61 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 2000Shares |
| Listing will at | NSE Sme |
| Shares offered to | ||
| Shares | Rs. (Cr) | |
| QIB (0 %) | 0 | – |
| NII (50 %) | 726000 | 4.43 |
| RII (50 %) | 726000 | 4.43 |
| Total Shares | 1452000 | 8.86 |
| Retail portion will be oversubscribed by | 363 | |
| Forms | ||
| How much Shares to Apply? | ||
| Min Retail Application | 2000 Sh | Rs. 122000 |
| Min HNI Application | 4000 Sh | Rs. 244000 |
Promoters of the IPO
Mr. Gaurav Jindal and Ms. Madhu
Objects of the IPO:
The Company proposes to utilize the Net Proceeds from the Issue towards
1. To meet the Working Capital requirement of the Company
2. Acquisition of business in similar or complementary areas
| IPO Tentative timetable | |
| IPO opens on | 18 April 2023 |
| IPO Closes on | 21 April 2023 |
| IPO Allotment on | 26 April 2023 |
| Unblocking of ASBA | 27 April 2023 |
| Credit of Shares | 28 April 2023 |
| Listing on | 2 May 2023 |
| Registered Office of the Company |
| Aggarwal Cyber Plaza-1, Netaji Subhash Place, Pitampura, North Delhi, Delhi-110034, India |
| IPO Lead Managers |
| Share India Capital Services Pvt. Ltd. |
| Registrar to the IPO |
| SKYLINE FINANCIAL SERVICES Pvt ltd |
| IPO Financial & Analytical Ratios | ||||
| Year | Total Income | Net Profit | EPS | RoNW |
| Rs.in Cr | Rs.in Cr | Rs. | % | |
| 2019-20 | 2.66 | 0.23 | 0.23 | 16.10 |
| 2020-21 | 7.28 | 0.52 | 0.53 | 27.29 |
| 2021-22 | 25.53 | 2.21 | 22.01 | 53.35 |
| Book Value of the Share on | 31.03.2022 | Rs.21.82 | ||
| Book Value of the Share | after the IPO | Rs.- | ||
| Offer Price | Rs. 61 | |||
| Ratio Analysis | |
| Upper Price/last EPS | 2.77 |
| Upper price/BV Ratio | 2.80 |
| Upper price/BV after IPO | – |
–
Quicktouch Technologies IPO Particulars & Guidance
Peer Comparison:
| As on date of DRHP | FV | Income | PE |
| Rs. | in Cr | Ratio of | |
| The IPO Company | 10 | 5.28 | 41.67 |
| Silvertouch Technologies | 10 | 251885 | 42.25 |
| Sigma Solves | 10 | 906 | 191.91 |
| Cambridge Technology | 10 | 12.49 | |
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