Quadpro ITeS Ltd - IPO

Quadpro ITeS Ltd IPO Details

Initial public offer of 70,50,000 equity shares of face value of Rs. 2 each (equity shares) of Quadpro ITeS Limited (Quadpro or The company or the Issuer) for cash at a price of Rs. 20 per equity share (including a share premium of Rs. 18 per equity share) aggregating to Rs. 14.10 crores (the offer) comprising of a fresh issue upto 63,00,000 equity shares aggregating to Rs. 12.60 crores (the fresh issue) and an offer for sale of 7,50,000 equity shares by promoter selling shareholder- Mr. Nandira Diddappa Thimmaiah aggregating to Rs. 1.50 crores (offer for sale) of which 3,54,000 equity shares of face value of Rs. 2 /- each for cash at a price of Rs. 20/- per equity share including a share premium of Rs. 18/- per equity share aggregating to Rs. 0.71 crores will be reserved for subscription by market maker to the issue (the market maker reservation portion). The offer less the market maker reservation portion i.e net offer of 66,96,000 equity shares of face value of Rs. 2/- each at a price of Rs. 20/- per equity share including a share premium of Rs. 18/- per equity share aggregating to Rs. 13.39 crores (the net offer). The offer and the net offer will constitute 27.89% and 26.49% respectively of the post offer paid up equity share capital of the company.The Face value of the equity share is Rs. 2/- each and the Issue price is 10 times of the face value.

Objective of issue

To Meet capital expenditure requirements. Acquisitions and Other Strategic Initiatives. For General Corporate Purposes.

Quadpro ITeS Ltd Contact Details

Quadpro ITeS Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - quadpro.cs@gmail.com

Website - www.quadpro.co.in