Quicktouch Technologies IPO: Quicktouch Technologies is a SME IPO with 1,530,000 equity shares having a face value of Rs. 10 and a maximum valuation of Rs. 9.33 crores. The minimum order value is the issuance of a minimum of 2000 Shares at a price of Rs. 61 per share.
Quicktouch Technologies IPO Dates
The initial public offering (IPO) will start on April 18, 2023, and close on April 21, 2023. Share India Capital Services and Khambatta Securities are the main managers of the IPO, and Skyline Financial Services Private Ltd is the registrar. The issue will reportedly be listed on NSE SME. The basis of allotment for Quicktouch Technologies’ IPO will be finalized on April 26, 2023, and the allocated shares will be finished by April 28, 2023.
Quicktouch Technologies IPO Details
| IPO Date | Apr 18, 2023 to Apr 21, 2023 |
| Face Value | ₹10 per share |
| Price | ₹61 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 1,530,000 shares (aggregating up to ₹9.33 Cr) |
| Fresh Issue | 1,530,000 shares (aggregating up to ₹9.33 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Other Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
Important Dates of Quicktouch Technologies IPO
Quicktouch Technologies IPO opens on Apr 18, 2023, and closes on Apr 21, 2023.
| Event | Tentative Date |
|---|---|
| Opening Date | Apr 18, 2023 |
| Closing Date | Apr 21, 2023 |
| Basis of Allotment | Apr 26, 2023 |
| Initiation of Refunds | Apr 27, 2023 |
| Credit of Shares to Demat | Apr 28, 2023 |
| Listing Date | May 2, 2023 |
Quicktouch Technologies IPO Lot Size
The Quicktouch Technologies IPO lot size is 2000 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹122,000 |
| Retail (Max) | 1 | 2000 | ₹122,000 |
| HNI (Min) | 2 | 4,000 | ₹244,000 |
Quicktouch Technologies IPO Promoter Holding
Mr. Gaurav Jindal and Ms. Madhu are the promoters of the company.
Objects of the Quicktouch Technologies IPO
The Company intends to utilize the proceeds of the Issue to meet the following objectives:
- To meet the Working Capital requirement of our Company;
- Acquisition of business in similar or complementary areas
- General Corporate Purposes
- Issue related expenses
About Quicktouch Technologies IPO
Information technology firm Quicktouch Technologies Limited was established in 2013. The company offers web design, IT product/software development, consulting services, commercial software training, and software IT solutions.
Web design services provided by Quicktouch Technologies Limited include website design and redesign, development of mobile apps for iOS, Android, and other platforms, digital marketing, and web hosting.
The business the corporation is in is enterprise resource planning (ERP). By utilising their extensive service portfolio, deep technological expertise, and industry-wide experience, Quicktouch Technologies Limited supports organisations in performing and excelling in their operations.
The organisation is expanding its service offering to meet the needs of different business sectors by leveraging its years of domain experience, business processes, and infrastructure.