QuadPro ITES IPO Details
QuadPro ITES IPO description – QuadPro provides E2E (End to End) services to the Banking, Insurance and Telecom industries. Its host of services include Information Technology (IT) and Information Technology (IT) enabled services, cash management services (CMS), Cheeque Truncation System (CTS), Door step Banking services, Software Development Services, Banking transaction processing services, Document management services for telecommunication companies, Non Banking Finance companies, internet services providers, Data base Management Services, Digital Document verification for payment banks, Supply of IT and ITeS Hardware, Skilled and unskilled man power supply services etc.
Specifically, the company’s services include Know Your Customer (KYC) spot audit / pickup of forms from the distributor‘s point, thorough Know Your Client (KYC) audit at nearest spoke office, data entry of application form in to the online portal, opening an account, verifying the voter ID / Aadhaar number from their web portal, and activating the SIM of the customer in a limited Turn Around Time (TAT), outward from spoke, transporting forms to the centralised HUB, inward at HUB, Bar Coding, Gumming Photograph, De-stapling, Scanning, Re-stapling, Image Splitting, File Naming, Batch preparing up to final warehousing.
Promoters of QuadPro ITES – Airan Limited, Mr Nandira Biddappa Thimmaiah, Mr Sandeepkumar Agrawal and Mr Abhishek Agrawal
| QuadPro ITES IPO details | |
| Subscription Dates | 20 – 22 September 2021 |
| Price Band | INR20 per share |
| Fresh issue | 63,00,000 shares (INR12.6 crore) |
| Offer For Sale | 7,50,000 shares (INR1.5 crore) |
| Total IPO size | 70,50,000 shares (INR14.1 crore) |
| Minimum bid (lot size) | 6,000 shares |
| Face Value | INR2 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge SME platform |
QuadPro ITES' Financial Performance (in INR crores)
| FY2019 | FY2020 | FY2021 | ||
| Revenue | 1,507.2 | 1,291.0 | 1,034.9 | |
| Expenses | 1,600.1 | 1,255.8 | 933.1 | |
| Net income | -66.1 | 21.2 | 72.7 | |
| Net margin (%) | -4.4 | 1.6 | 7.0 |
More about QuadPro ITES IPO
Registrar of QuadPro ITES IPO
KFin Technologies Private Limited
Selenium Tower B, Plot 31-32, Gachibowli, Nanakramguda, Hyderabad – 500 032, Telangana
Phone:Â +91 40 6716 2222Â
Fax:Â +91 40 2343 1551
Email:Â [email protected]
Website:Â www.kfintech.com
QuadPro ITES Contact Details
QuadPro ITES Limited
No.17, 3rd Cross, Lalbagh Road, Bangalore -560027
Phone: +91 80-4911 8300
Email: [email protected]
Website: www.quadpro.co.in
Valuation of QuadPro ITES (FY2021)
Earnings Per Share (EPS): INR0.47 Price/Earnings (PE ratio): 42.58 Return on Net Worth (RONW): 25.44%
Net Asset Value (NAV): INR1.52 per share
QuadPro ITES IPO Subscription Details (no. of times, at 5 PM)
| Category |
Non-retail |
Retail |
Total |
| Shares Offered |
37,02,000 |
33,48,000 |
70,50,000 |
| Day 1 | 1.73 | 2.67 | 2.18 |
| Day 2 | 2.61 | 7.58 | 4.97 |
| Day 3 | 7.88 | 23.53 | 15.31 |
QuadPro ITES IPO Allotment Status
QuadPro ITES’ IPO allotment status is now available on KFin Technologies’ website. Click on this link to get allotment status.
Listing Performance of QuadPro ITES
IPO Opening Date: 20 September 2021
IPO Closing Date: 22 September 2021
Finalisation of Basis of Allotment: 27 September 2021
Initiation of refunds: 28 September 2021
Transfer of shares to demat accounts: 28 September 2021
Listing Date: 30 September 2021
Opening Price on NSE SME: INR19.8 per share (down 1% from IPO price)
Closing Price on NSE SME: INR19.85 per share (down 0.75% from IPO price)
