The Quicktouch Technologies date has been confirmed from December 2 and ended on December 6
Quicktouch Technologies is one of India’s leading non-bank wealth solutions firms and has been ranked amongst the top three non-bank mutual fund distributors in the country. The company offers its clients wealth solutions, financial product distribution, and technology solutions.
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Bidding Dates
December 2- 6
Price Range
₹530 to ₹550 per share
Face Value
₹5 per share
GMP
₹20
Quicktouch Technologies GMP
The Quicktouch Technologies IPO GMP is ₹[20].
IPO Overview
Anand Rathi IPO is a book built issue of Rs 660.00 crores. The issue is entirely an offer for sale of 1.2 crore shares.
Anand Rathi IPO bidding started from December 2, 2021 and ended on December 6, 2021. The allotment for Anand Rathi IPO was finalized on Thursday, December 9, 2021. The shares got listed on BSE, NSE on December 14, 2021.
Anand Rathi IPO price band is set at ₹530 to ₹550 per share. The minimum lot size for an application is 27 Shares. The minimum amount of investment required by retail investors is ₹14,850.
The issue includes a reservation of up to 250,000 shares for employees offered at a discount of Rs 25 to the issue price.
Quicktouch Technologies IPO GMP Live Rates day by day with Kostak rates
| Date | GMP | Kostak | Subject to |
| Today | ₹12 | ₹- | ₹- |
| 28 April | ₹12 | ₹- | ₹- |
Quicktouch Technologies IPO Details
| IPO Date | April 18, 2023 to April 21, 2023 |
| Listing Date | May 2, 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 |
| Market Maker portion | 78,000 shares |
Quicktouch Technologies IPO Market Lot
Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| 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 Allotment & Listing Dates
Quicktouch Technologies IPO opens on April 18, 2023, and closes on April 21, 2023.
| IPO Open Date | Tuesday, April 18, 2023 |
| IPO Close Date | Friday, April 21, 2023 |
| Basis of Allotment | Wednesday, April 26, 2023 |
| Initiation of Refunds | Thursday, April 27, 2023 |
| Credit of Shares to Demat | Friday, April 28, 2023 |
| Listing Date | Tuesday, May 2, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 21, 2023 |
Quicktouch Technologies Company Financial Report
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
| 31-Mar-20 | 618.94 | 265.92 | 22.64 | 140.61 | 40.61 | 85.56 |
| 31-Mar-21 | 673.88 | 728.12 | 52.78 | 193.39 | 93.39 | 132.62 |
| 31-Mar-22 | 1,686.36 | 2,552.73 | 221.15 | 414.54 | 224.54 | 58.82 |
| 31-Oct-22 | 262.85 | 2,812.66 | 430.37 | 1,092.41 | 667.41 | 53.90 |
| Amount in ₹ Lakhs | ||||||
Quicktouch Technologies IPO Reservation
Quicktouch Technologies IPO offers 1,530,000 shares. 726,000 (47.45%) to NII, 726,000 (47.45%) to RII.
| Investor Category | Shares Offered |
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 78,000 (5.10%) |
| Other Shares Offered | 726,000 (47.45%) |
| Retail Shares Offered | 726,000 (47.45%) |
| Total Shares Offered | 1,530,000 (100%) |
Company Profile
We aspire to achieve phenomenal success in the business by proposing innovative and exemplary development services. Traditional development services are time-consuming and expensive, which is why our approach is to deliver something which is not unique but also cost-effective. Our running years of experience, unquenchable determination, and confidence in creating profitable techniques make us deliver the best possible services.
Quicktouch Technologies also worked in educational management software; QuickTouch’s EIMS was listed as India’s top online educational management software in Hindustan Times. They provide their services to sectors like manufacturing, banking, healthcare, and the life sciences, as well as the automotive, banking, financial services, and insurance industries.
Registrar Info
| Name | Skyline Financial Services Private Ltd |
| Phone number | 02228511022 |
| Email ID | virenr@skylinerta.com |
| Website | https://linkintime.co.in/mipo/ipoallotment.html |
Contact Details
| Name | Quicktouch Technologies Limited |
| Phone number | +91 8800166317 |
| Email ID | info@quicktouch.co.in |
| Website | http://www.quicktouch.co.in/ |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
