Fixed Price IPO | ₹9 Cr | Listed at NSE SME | Tue, Apr 18, 2023 - Fri, Apr 21, 2023
Quicktouch Technologies IPO is a fixed price issue of ₹9.33 crores. The issue is entirely a fresh issue of 0.15 crore shares of ₹9.33 crore.
Quicktouch Technologies IPO bidding started from Apr 18, 2023 and ended on Apr 21, 2023. The allotment for Quicktouch Technologies IPO was finalized on Apr 26, 2023. The shares got listed on NSE SME on May 2, 2023.
Quicktouch Technologies IPO price is ₹61 per share. The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹1,22,000 (2000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (4,000 shares), amounting to ₹2,44,000.
Share India Capital Services Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Share India Securities Ltd..
Refer to Quicktouch Technologies IPO RHP for detailed Information.
IPO Open
Tue, Apr 18, 2023
IPO Close
Fri, Apr 21, 2023
Issue Price
₹61 per share
Market Cap (Pre-IPO)
₹35.26 Cr
| IPO Date | 18 to 21 Apr, 2023 |
| Listed on | Tue, May 2, 2023 |
| Face Value | ₹10 per share |
| Issue Price | ₹61 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 15,30,000 shares (agg. up to ₹9 Cr) |
| Reserved for Market Maker | 78,000 shares Share India Securities Ltd. (agg. up to ₹0.4758 Cr) |
| Fresh Issue (Ex Market Maker) | 14,52,000 shares (agg. up to ₹9 Cr) |
| Net Offered to Public | 14,52,000 shares (agg. up to ₹9 Cr) |
| Share Holding Pre Issue | 42,50,000 shares |
| Share Holding Post Issue | 57,80,000 shares |
| NSE Symbol | QUICKTOUCH |
| ISIN | INE0K4D01020 |
Quicktouch Technologies IPO comprises a total issue size of 15,30,000 shares. The net offer to the public is 14,52,000 shares, after excluding 78,000 shares allotted on a firm basis. Of the Net offer 7,26,000 (50.00%) allocated to NII 7,26,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 7,26,000 | 50.00% | 47.45% |
| Retail Shares Offered | 7,26,000 | 50.00% | 47.45% |
| Firm Reservations | |||
| Market Maker Shares Offered | 78,000 | 5.10% | |
| Total Shares Offered | 15,30,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,22,000 |
| Retail (Max) | 1 | 2,000 | ₹1,22,000 |
| HNI (Min) | 2 | 4,000 | ₹2,44,000 |
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.
| Period Ended | 31 Oct 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 2.63 | 16.86 | 6.74 | 6.19 |
| Total Income | 28.13 | 25.53 | 7.28 | 2.66 |
| Profit After Tax | 4.30 | 2.21 | 0.53 | 0.23 |
| NET Worth | 10.92 | 4.15 | 1.93 | 1.41 |
| Reserves and Surplus | 6.67 | 2.25 | 0.93 | 0.41 |
| Total Borrowing | 0.54 | 0.59 | 1.33 | 0.86 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet the Working Capital Requirements of our Company | 6.28 |
| 2 | Acquisition of business in similar or complementary areas | 1.40 |
| 3 | General Corporate Purposes | 1.40 |
| 4 | Issue Expense | 0.25 |
The Quicktouch Technologies IPO is subscribed 107.26 times on April 21, 2023 7:29:00 PM (Day 4). The public issue subscribed 49.55 times in the retail category, [.] times in the QIB category, and 160.4 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 160.4 | 7,26,000 | 12,27,04,000 |
| Retail | 49.55 | 7,26,000 | 3,79,06,000 |
| Total | 107.26 | 14,52,000 | 16,41,08,000 |
Total Application : 18,953
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including expenses towards printing and payment to other intermediaries such as Registrar, Market Maker, etc. | 0.20 |
| 2 | Statutory Expenses | 0.04 |
| 3 | Others, if any | 0.02 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹61.00 |
| Open | ₹92.00 |
| Low | ₹92.00 |
| High | ₹96.60 |
| Last Trade | ₹96.60 |
Lead Manager Reports
Quicktouch Technologies IPO is a SME IPO of 15,30,000 equity shares of the face value of ₹10 aggregating up to ₹9 Crores. The issue is priced at ₹61 per share. The minimum order quantity is 2000.
The IPO opens on Tue, Apr 18, 2023, and closes on Fri, Apr 21, 2023.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Quicktouch Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in Quicktouch Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Quicktouch Technologies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Quicktouch Technologies IPO opens on Tue, Apr 18, 2023 and closes on Fri, Apr 21, 2023.
Quicktouch Technologies IPO lot size is 2000, and the minimum amount required for application is ₹1,22,000.
You can apply in Quicktouch Technologies IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Quicktouch Technologies IPO will be done on Wednesday, April 26, 2023, and the allotted shares will be credited to your demat account by Fri, Apr 28, 2023. Check the Quicktouch Technologies IPO allotment status.
The Quicktouch Technologies IPO listing date is on Tue, May 2, 2023.
