Quadpro ITeS Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

20 Sep 2021

Close Date

22 Sep 2021

Allotment

27 Sep 2021

Listing Date

30 Sep 2021

Exchange

NSE SME

Price Band

₹20

Listing Price

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Allotment Status

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Price Band

₹20

Per share

Face Value

₹2 per share

Lot Size

6,000 Shares

per lot

Issue Size

70,50,000 shares (aggregating up to ₹14.10 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹120,000

1 lot

Pre-IPO Holding

1,89,75,000 shares

Promoters

Post-IPO Holding

2,52,75,000 shares

Promoters

P/E (Pre)

68.96x

UPI Deadline

2021-09-22

Mandate

Anchor AllotmentSun, 19 Sep 2021

Basis of AllotmentMon, 27 Sep 2021

Refund InitiationTue, 28 Sep 2021

Demat CreditTue, 28 Sep 2021

Listing DayThu, 30 Sep 2021

UPI Mandate Deadline2021-09-22

Sale TypeFresh Capital-cum-Offer for Sale

Net Offer to Public66,96,000 shares (aggregating up to ₹13.39 Cr)

Market Maker Quota3,54,000 shares (aggregating up to ₹0.7080 Cr)

Fresh Issue Shares59,46,000 shares (aggregating up to ₹11.89 Cr)

Offer for Sale7,50,000 shares of ₹2 (aggregating up to ₹1.50 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

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Subscription Rate Final

Quadpro ITeS Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 22 Sep 2021.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	354,000	—	₹0.71
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	7,050,000	100%	₹14.10

IPO Shares Offered

Quadpro ITeS Ltd. IPO total issue size: ₹14.10 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	354,000	₹0.71	5.02%
Total	7,050,000	₹14.10	100.00%

* Based on upper price band ₹20 per share

Lot Size & Investment

Lot Size

6,000

Shares per Lot

Issue Price

₹20.00

Upper Band

Min Investment

₹120,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	12,000	₹240,000
Retail (Max — 13 Lots)	13	78,000	₹1,560,000
S-HNI (Min — 14 Lots)	14	84,000	₹1,680,000
B-HNI (Min — 68 Lots)	68	408,000	₹8,160,000

* Issue Price ₹20 × Lot Size 6,000 shares

IPO Schedule

Anchor

19 Sep 2021

✓ Done

IPO Open

20 Sep 2021

✓ Done

IPO Close

22 Sep 2021

✓ Done

Allotment

27 Sep 2021

✓ Done

Refunds

28 Sep 2021

✓ Done

Demat Credit

28 Sep 2021

✓ Done

Listing Day

30 Sep 2021

✓ Done

₹20.00

INR · NSE

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Issue ₹20.00 Live Price

About Quadpro ITeS Ltd.

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.Competitive Strengths11 years of experience in IT, ITeS, and BPM Services.An ISO 9001: 2015 and 27001:2013 certified company.Pan India presence with branches in Mumbai, New Delhi, Chennai, Kolkata, Hyderabad, and head office in Bangalore.Arian Ltd, a public listed established company is the majority stakeholder in the company.

Objects of the Issue

1 To Meet Capital Expenditure Requirements

2 Acquisitions and Other Strategic Initiatives

3 For General Corporate Purposes

Quadpro ITeS Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹1,507.2

31-Mar-19

₹1,291.0

31-Mar-20

₹1,035.0

31-Mar-21

Profit After Tax (PAT)

₹66.1

31-Mar-19

₹21.2

31-Mar-20

₹72.7

31-Mar-21

Particulars	31-Mar-21	31-Mar-20	31-Mar-19
Revenue from Operations	1034.95	1291.02	1507.20
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	72.68	21.17	66.07
Net Worth	N/A	N/A	N/A
Total Assets	549.62	507.33	626.53
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered70,50,000 (100.00%)

Net Offer to Public66,96,000 shares (aggregating up to ₹13.39 Cr)

Reserved for Market Maker3,54,000 shares (aggregating up to ₹0.7080 Cr)

Pre-Issue Promoter Holding1,89,75,000 shares

Post-Issue Promoter Holding2,52,75,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd.

04067162222, 04079611000

quadpro.ipo@kfintech.com

https://ipostatus.kfintech.com/

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Book Running Lead Managers

Beeline Broking Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Quadpro ITeS Ltd. IPO subscribed? ▲

Quadpro ITeS Ltd. IPO is subscribed 1.00 times by Sep 22, 2021. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Quadpro ITeS Ltd. IPO retail subscription status? ▼

The Quadpro ITeS Ltd. IPO retail category is subscribed 1.00 times as of 22 Sep 2021. The retail portion is oversubscribed.

How to subscribe Quadpro ITeS Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 20 Sep 2021 and closes 22 Sep 2021. Min investment: ₹120,000 (1 lot = 6,000 shares). UPI mandate: 2021-09-22.

How many times Quadpro ITeS Ltd. IPO subscribed? ▼

The Quadpro ITeS Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Quadpro ITeS Ltd. IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 27 Sep 2021. Refunds: on 28 Sep 2021.

When Quadpro ITeS Ltd. IPO will be listed? ▼

The Quadpro ITeS Ltd. IPO listing date is 30 Sep 2021, Thursday. Listed on: NSE SME. Issue price: ₹20. Estimated listing: ₹20. GMP: NIL.

When Quadpro ITeS Ltd. IPO close? ▼

The Quadpro ITeS Ltd. IPO closes on 22 Sep 2021, Wednesday. UPI mandate: 2021-09-22. Allotment: 27 Sep 2021. Listing: 30 Sep 2021.

Quick Actions

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Live Price LIVE

Last Price₹20.00

Change—

Issue Price₹20.00

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Quick Summary

StatusListed

Issue Price₹20

Face Value₹2

Lot Size6,000 Sh

Min. Amount₹120,000

GMPNIL

Est. Listing₹20

Subscribed1.00x

Open Date20 Sep 2021

Close Date22 Sep 2021

Allotment27 Sep 2021

Listing Date30 Sep 2021

ExchangeNSE SME

UPI Deadline2021-09-22