QuadPro ITES IPO Details

QuadPro ITES IPOQuadPro 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

Registrar of QuadPro ITES IPO

KFin Technologies Private Limited
Selenium Tower B, Plot 31-32, Gachibowli, Nanakramguda, Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222 
Fax:
 +91 40 2343 1551
Email: [email protected]
Website: 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)

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