Quick Heal Technologies IPO
Quick Heal Technologies IPO — date, price band, lot size & details 2016
Quick Heal Technologies listed on 18 Feb 2016 at ₹305, 5% below the ₹321 issue price.
Quick Heal Technologies is a Pune based IT security company with over 30% of the Indian retail antivirus market. Its total income was Rs 292.25 crore in FY2015.
Stock price
Quick Heal Technologies is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 14 November.
- Open 08 Feb 2016
- Close 10 Feb 2016
- Allotment 15 Feb 2016
- Refund/credit TBA
- Listing 18 Feb 2016
Issue summary
The terms of the offer, as filed.
| IPO Dates | 8 to 10 Feb, 2016 |
|---|---|
| Price Band | ₹311 – ₹321 |
| Face Value | ₹10 |
| Lot Size | 45 Shares |
| Issue Size | ₹451.25 Cr |
| Sale Type | Fresh capital cum OFS |
| Listing On | BSE, NSE |
| Registrar | MUFG Intime India Private Limited |
| Min Investment | ₹ 14,445 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 45 shares at the ₹321 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 45 | ₹14,445 |
| Retail (max) | 13 | 585 | ₹1,87,785 |
| S-HNI (min) | 14 | 630 | ₹2,02,230 |
| S-HNI (max) | 69 | 3,105 | ₹9,96,705 |
| B-HNI (min) | 70 | 3,150 | ₹10,11,150 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 4
- 01It had over 30% of the retail antivirus segment in India.
- 02Total income rose from Rs 214.63 crore in FY2013 to Rs 292.25 crore in FY2015.
- 03It had no borrowing, with net worth of Rs 361.41 crore on 30 September 2015.
- 04Rs 41.88 crore of the issue was for R&D spending.
Risks · 5
- 01Profit after tax fell from Rs 77.54 crore in FY2013 to Rs 56.30 crore in FY2015.
- 02Rs 111.00 crore of the issue was for advertising, which may not pay back.
- 03Consumer antivirus faces free alternatives and global rivals; profit was Rs 26.34 crore in six months to September 2015.
- 04Rs 201.25 crore of the issue went to selling shareholders.
- 05Promoter holding fell from 87.9% before the issue to 72.87% after it.
Three years of numbers
All figures in ₹ crore, as reported in the Quick Heal Technologies offer document.
| Metric | 30 Sep 2015 | 31 Mar 2015 | 31 Mar 2014 | 31 Mar 2013 |
|---|---|---|---|---|
| Assets | 410.66 | 433.68 | 383.01 | 314.50 |
| Total Income | 150.72 | 292.25 | 253.75 | 214.63 |
| Profit After Tax | 26.34 | 56.30 | 61.55 | 77.54 |
| NET Worth | 361.41 | 334.99 | 333.50 | 283.01 |
| Reserves and Surplus | 302.99 | 276.56 | 275.08 | 278.02 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Where the money goes
₹234.26 Cr of the issue is earmarked to named objects.
Quick Heal Technologies IPO Anchor Investors
10 anchor investors across 10 fund houses committed ₹133.87 Cr a day before the issue opened.
Anchor investors bid a day before the issue opens and are locked in after allotment, so a book weighted towards domestic mutual funds is generally read as a stronger signal than one filled by short-horizon funds. Browse every anchor investor scheme or fund house we track.
About the company
It had a market share of over 30% in the retail segment in India.
Its customers include home users, small offices, SMBs, enterprises, educational institutions and government agencies, and its own antivirus technology detects viruses and malware.
The IPO was Rs 451.25 crore, with Rs 250.00 crore of fresh issue and Rs 201.25 crore of offer for sale, at Rs 321, the top of the Rs 311 to Rs 321 band. The fresh money was for advertising, R&D and offices.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
The bankers & the filings
Who is running the book, and the documents this page is built from.
Quick Heal Technologies IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
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JP Morgan India Pvt. Ltd
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Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Quick Heal Technologies?
The current Grey Market Premium is ₹0.
What is the Quick Heal Technologies IPO price band?
₹311 to ₹321, on a face value of ₹10.
When is the allotment?
The basis of allotment is 15 February 2016, with listing on 18 February 2016.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
