Quadpro ITeS Limited IPO
NSE SME₹120,000 / 6000 Shares
Quadpro ITeS Limited IPO Details
The Quadpro ITeS Limited IPO price band is set between ₹20 per equity share, with a face value of ₹10 per share. The issue is managed by KFintech Private Limited, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 20 Sep, 2021 and closes on 22 Sep, 2021. Investors can check the allotment status on 27 Sep, 2021, while the listing date is tentatively scheduled for 30 Sep, 2021.
The total issue size is 7,050,000 Eq Shares of ₹2 , aggregating up to ₹14.10 Cr. Stay tuned for the latest Quadpro ITeS Limited IPO review and GMP updates.
Quadpro ITeS Limited IPO Review, Rating & Analysis
Quadpro ITeS Limited IPO Review
NO REVIEWQuadpro ITeS Limited IPO Rating
Quadpro ITeS Limited IPO Highlights
IPO Date
Sep 20, 2021 - Sep 22, 2021
Listing Date
30 Sep, 2021
Face Value
₹10 Per Equity Share
Price Band
₹20 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Quadpro ITeS Limited IPO Lot Size
The minimum market lot for Quadpro ITeS Limited IPO is 6000 shares with an application amount of ₹1,20,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹1,20,000 |
| Retail (Max) | 1 | 6000 | ₹1,20,000 |
| S-HNI (Min) | 2 | 12000 | ₹2,40,000 |
| S-HNI (Max) | 8 | 48000 | ₹9,60,000 |
| B-HNI (Min) | 9 | 54000 | ₹10,80,000 |
Quadpro ITeS Limited IPO Timeline
Issue Price
₹20 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
KFintech Private LimitedLead Manager
Beeline Broking LtdIssue Size
7,050,000 Eq Shares of ₹2 (aggregating up to ₹14.10 Cr)/n/n#Fresh Issue: 6,300,000 Eq Shares of ₹2 (aggregating up to ₹12.60 Cr)#Offer for Sale: 750,000 Eq Shares of ₹2 (aggregating up to ₹1.50 Cr)Quadpro ITeS Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 21 | 5.49 | 10.34 | 0.72 | - | - | - |
| 31 Mar 20 | 5.07 | 12.91 | 0.21 | - | - | - |
| 31 Mar 19 | 6.26 | 15.07 | (0.66) | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Airan Limited
- Mr. Nandira Biddappa Thimmaiah
- Mr. Sandeepkumar Agrawal
- Mr. Abhishek Agrawal
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | N/A% |
About Company
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.
Quadpro ITeS Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 33,48,000 | 33,48,000 | 66,96,000 |
Day 1 -20-09-21 05:00 PM | 1.92 x | 2.68 x | 2.30 x |
Day 2 -21-09-21 05:00 PM | 2.89 x | 7.58 x | 5.23 x |
Day 3 -22-09-21 05:00 PM | 8.71 x | 23.53 x | 16.12 x |
Frequently Asked Questions about Quadpro ITeS Limited IPO IPO
When will Quadpro ITeS Limited IPO open for subscription?
The Quadpro ITeS Limited IPO opens on 20 Sep, 2021 and closes on 22 Sep, 2021.
What is the investors portion for Quadpro ITeS Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 3348000.
How to apply for Quadpro ITeS Limited IPO?
You can apply for Quadpro ITeS Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Quadpro ITeS Limited IPO?
The issue size of Quadpro ITeS Limited IPO is approx ₹7,050,000 Eq Shares of ₹2 (aggregating up to ₹14.10 Cr)/n/n#Fresh Issue: 6,300,000 Eq Shares of ₹2 (aggregating up to ₹12.60 Cr)#Offer for Sale: 750,000 Eq Shares of ₹2 (aggregating up to ₹1.50 Cr) crores.
What is the price band of Quadpro ITeS Limited IPO?
The price band for Quadpro ITeS Limited IPO is ₹20 per equity share to ₹undefined.
What is the lot size of Quadpro ITeS Limited IPO?
The minimum bid (lot size) for Quadpro ITeS Limited IPO is N/A shares with an investment of approx ₹120,000 .
What is the allotment date of Quadpro ITeS Limited IPO?
The allotment date for Quadpro ITeS Limited IPO is 27 Sep, 2021.
What is the listing date of Quadpro ITeS Limited IPO?
The listing date for Quadpro ITeS Limited IPO is expected to be 30 Sep, 2021.
What is the GMP of Quadpro ITeS Limited IPO?
The latest Grey Market Premium (GMP) for Quadpro ITeS Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.