Quick Heal Technologies Buyback 2022 Record Date, Buyback Price, Entitlement Ratio

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Quick Heal Buyback 2022 description – The company is engaged in the business of providing security software products. The company caters to both domestic and international market, although the domestic market accounts for nearly 95% of its revenues. The company also has a growing international presence, with offices in over 40 countries.

It operates through a large distribution network penetrating the Tier II and Tier III towns where the internet penetration is now increasing. Quick Heal enjoys a 34% market share in the retail segment.


Quick Heal Buyback 2022 Details

Buyback DatesComing soon
Quick Heal Buyback Price INR300 per share
Buyback Offer Size (Shares)50,00,000 shares
Buyback offer as % of total shares8.6%
Buyback Offer Size (Amount)INR150 crore
Offer TypeTender
Promoter ParticipationYes
Face Value INR10 per share
Listing AtBSE, NSE

Quick Heal Buyback Dates (Timeline)

Board Meeting for Buyback Proposal21 July 2022
Buyback Approval Date21 July 2022
Public Announcement of BuybackComing soon
Quick Heal Buyback Record DateComing soon
Buyback Opening DateComing soon
Buyback Closing DateComing soon
Cut-off Date to receive completed tender forms by RegistrarComing soon
Verification Date by the RegistrarComing soon
Return of unaccepted shares by RegistrarComing soon
Extinguishment of accepted sharesComing soon

Quick Heal Buyback 2022 Documents

Offer Letter
Draft Letter of Offer
Public Announcement
Upcoming Share Buyback


Quick Heal Share Buyback Entitlement Ratio

Shareholder CategoryEntitlement RatioEntitlement Ratio (in %)
Small Shareholders
(less than INR2 Lakh on record date)
8.6*
General category
(for all other Eligible Shareholders)
*Tentative, based on the shareholding pattern

Small Shareholder is defined as shareholder who holds shares worth less than INR2,00,000 as on record date.


Quick Heal Technologies’ Financial Performance

FY2020FY2021FY2022
Total Income314.8357.5360.7
Total Expenses192.6192.2239.8
Net income 73.6106.878.2
Figures in INR crore unless specified otherwise

Calculation of Investment in Buyback

Maximum market value of a share holder as on record dateINR2,00,000
Quick Heal buyback price  INR300
Maximum shares for small shareholder (2,00,000/300)667 shares*
Closing price of stock as on 21 July 2022INR198.85**
Maximum amount invested in buyback (198.85 x 667 shares)INR1,32,633
* No. of shares stands to change according to the closing price on record date
** For simplicity, we have considered price on buyback approval date

Quick Heal Buyback Profit Guidance

Shares Tendered Buyback EntitlementAcceptanceBuyback ProfitProfit in %
6675858 (100%)5,8673.88
66758116 (200%)11,7337.76
66758174 (300%)17,60011.63

Registrar of Quick Heal Buyback 2022

Coming soon


Manager of Quick Heal Buyback 2022

Coming soon


Necessity of the Buyback

  • The buy-back gives an option to the equity shareholders to either participate in the buy-back and receive cash in lieu of Equity Shares accepted under the buy-back.
  • The buy-back helps to return surplus cash to its shareholders, in proportion to their shareholding, thereby, enhancing the overall returns to shareholders.
  • The buy-back would help in improving Earning per share (EPS), Return on asset (ROA) and Return on equity (ROE) ratios of the Company.
  • The buy-back, which is being implemented through the Tender Offer route as prescribed under the Buyback Regulations, would involve a reservation for small shareholders as defined in the Buy-back Regulations.

Process to Participate in Quick Heal Buyback

All eligible shareholders of the company who own shares in the physical or demat form on the record date may participate in the buyback offer through their stock broker. The eligible shareholders who hold the shares in demat form must notify their brokers of the details of the equity shares that they wish to tender in the buyback offer.

The shareholder must transfer the tendered shares to the clearing corporation’s Special account. In turn, the broker would place a buyback order on the stock exchange.

The eligible shareholders who own the shares in physical form must present their broker with the original share certificates and supporting documents. After document verification is complete, the broker places an order on the stock exchange and submits the original share certificate and TRS (Transaction Registration Slip) to the registrar.


Frequently Asked Questions

When does Quick Heal share buyback offer open?

Quick Heal share buyback opens on NA 2022 and closes on NA 2022.

Which type of buyback is Quick Heal buyback offer?

Quick Heal buyback is a tender offer.

What is the Quick Heal buyback price?

Quick Heal buyback price is INR300 per share.

What is the Quick Heal buyback record date?

Quick Heal buyback record date is NA.

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