Quess Corp Ltd - IPO

Quess Corp Ltd IPO Details

Initial public offering consisting of a fresh issue of 12,618,297 equity shares of face value of Rs. 10 each (equity shares) of Quess Corp Ltd (company or issuer) for cash at price of Rs. 317 per equity share (Including a share premium of Rs. 307 per equity share) (Issue price) aggregating to Rs. 400.00 crores (issue). The issue constitute 10.02% of the post-issue paid-up equity capital of the company.The Issue Price : Rs. 317 per Equity share of face value of Rs. 10 each. The issue price is 31.70 times of the face value.

Objective of issue

Repayment of debt availed by the company. Funding capital expenditure requirement of the company & subsidiary MFX US. Funding incremental working capital requirement of the company. Acquisition and other strategic initiatives. General corporate purposes.

Quess Corp Ltd Contact Details

Quess Corp Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - investor@quesscorp.com

Website - www.quesscorp.com