Quadpro ITeS Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 3,348,000 (47%) | — | ₹670 Cr |
| Retail | — | 3,348,000 (47%) | — | ₹670 Cr |
| Market Maker | — | 354,000 (5%) | — | ₹7 Cr |
| Σ Total | — | 7,050,000 (100%) | — | ₹14,100 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹120,000 |
| Retail (Max) | 13 | 78,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 84,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 402,000 | ₹8,040,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue | 1,035 | 1,291 | 1,507 |
| Profit After Tax | 73 | 21 | 66 |
| Total Assets | 550 | 507 | 627 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To Meet Capital Expenditure Requirements – 3.30
- 2 Acquisitions and Other Strategic Initiatives – 6.20
- 3 For General Corporate Purposes – 3.10
Company Overview
Quadpro provides end-to-end solutions to the Banking, Insurance, and Telecom industries. Company’s product offerings are divided into Quad Quick: For Banking and Financial Services Industries, Quad Sure: For Insurance Industry, and Quad Comm: For Telecomm Industry. The company has exclusive tie-ups with all leading hardware and software solution providers to provide the latest range of desktops, servers, and scanners as part of the solution.
The company's services include Cheque Truncation, QuadScan - DMS Solution, Cash Management Services, and Cheque processing and Clearing Support. The company has its headquarter in Bangalore.
Competitive Strengths
- 11 years of experience in IT, ITeS, and BPM Services.
- An ISO 9001: 2015 and 27001:2013 certified company.
- Pan India presence with branches in Mumbai, New Delhi, Chennai, Kolkata, Hyderabad, and head office in Bangalore.
- Arian Ltd, a public listed established company is the majority stakeholder in the company.