The company has filed its Red Herring Prospectus (RHP) draft for initial public offering (IPO) with markets regulator Securities and Exchange Board of India (SEBI) to hit the capital market.
The company aims to raise Rs. 400 crore at upper price band through its Initial public offering.
Company Profile: The company was set up in 2007 and engaged to provide in comprehensive solutions, including recruitment, temporary staffing, technology staffing and IT products and solutions, skill development, payroll, compliance management, integrated facility management and industrial asset management services The Headquarter of the firm is based in Bengaluru, India.
The company is providing its servicing over 1,500 customers across nine countries at more than 8,000 locations.
Outlook of the company
- Leading integrated business services provider in diversified business segments, industries and geographies
- Track record of successful inorganic growth with improved financial performance
- Track record of growth and improved operating efficiencies and margins through business cycles
- Robust recruitment capability, deep domain knowledge and knowledge of labour regulations
- Robust recruitment capability, deep domain knowledge and knowledge of labour regulations
- Experienced management team and strong equity sponsorship
- Established relationship with clients leading to recurring business
- Continue to improve operating margins
- Capitalize on the rapid growth of e-commerce in India and pursue other B2C opportunities
- Focus on domain depth and operational excellence
Purpose of the issue
- Repayment of debt availed by our Company
- Funding capital expenditure requirements of our Company and our Subsidiary, MFX US
- Funding incremental working capital requirement of our Company
- Acquisitions and other strategic initiatives
- Acquisitions and other strategic initiatives
Summary of Issue
| Issue Open | Jun 29, 2016 to Jul 01, 2016 |
| Issue Type | 100% Book Built Issue IPO |
| Issue Size (Shares) | Equity Shares of |
| Issue Size in (Value) | Rs. ~400 Crore |
| Face Value | Rs. 10 Per Equity Share |
| Issue Price | Rs. 310 – Rs.317 Per Equity Share |
| Market lots | 45 Shares |
| Minimum Order Quantity | 45 Shares |
| Listing At | BSE, NSE |
Subscription Details
Pls. keep looking for this space for Subscription details
Quess Corp IPO Allotment Status
Quess Corp IPO allotment status would be available soon after the IPO closure date. Usually the allotment comes within a week from the closing date which in this IPO yet to be announced.
One can check the allotment on the below given link with PAN number or Application number or DP Client Id. All you need to do is to follow these steps
- Click on the given link See Quess Corp Allotment Status here
- Go to Application status
- Select IPO as Quess Corp
- Enter you PAN Number or Application Id or DP Client Id
It takes little time to fetch information so you need to be little patient.
Quess Corp Listing Date
Pls. keep looking for this space for Listing Date.
Promoters Of the Company
1) Ajit Issac:- He is the Chairman and Managing Director of the Company. He is 48 years old.
2) Thomson Cook India Limited :- Incorporated October 21, 1978 as a private limited at Mumbai, Maharashtra. It was changed into a public limited company with the name Thomson Cook India Limited. TCIL’s equity shares have been listed on the BSE and the NSE since February 1983 and June 2000, respectively.
Financials
| Particulars | For the year/Period ended (Rs. in Million) | ||||
| Financial Year | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | 31-Mar-12 | 31-Mar-11 |
| Total Equity & Liabilities | 7196.62 | 3982.73 | 3309.11 | 2541.99 | 1878.13 |
| Total Assets | 7196.62 | 3982.73 | 3309.11 | 2541.99 | 1878.13 |
| Total Revenue | 25727.58 | 10081.49 | 10043.52 | 6394.35 | 2762.93 |
| Total Expenses | 24678.09 | 9793.22 | 9809.06 | 6265.68 | 2733.11 |
| Profit After Tax (PAT) | 677.05 | 177.43 | 112.36 | 60.05 | 17.36 |
Lead Manager Details:-
1) Axis Capital Limited
1st Floor, Axis House, C-2, Wadia International Centre
Pandurang Budhkar Marg, Worli, Mumbai 400 025 Maharashtra, India
Tel: + 91 22 4325 2183, Fax : +91 22 4325 3000
E-mail: quess.ipo@axiscap.in
Website: www.axiscapital.co.in
Investor Grievance E-mail: complaints@axiscap.in
Contact Person: Lohit Sharma
SEBI Registration Number: INM000012029
2) ICICI Securities Limited
ICICI Centre H.T. Parekh Marg Churchgate,
Mumbai 400 020, Maharashtra, India
Tel: +91 22 2288 2460, Fax: +91 22 2282 6580
E-mail: quesscorp.ipo@icicisecurities.com
Website: www.icicisecurities.com
Investor Grievance E-mail: customercare@icicisecurities.com
Contact Person: Anurag Byas/ Amit Joshi
SEBI Registration Number: INM000011179
3) IIFL Holdings Limited
10th Floor, IIFL Centre Kamala City,
Senapati Bapat Marg Lower Parel (West), Mumbai 400 013 Maharashtra, India
Tel: +91 22 4646 4600, Fax: +91 22 2493 1073
E-mail: quess.ipo@iiflcap.com
Investor Grievance E-mail: ig.ib@iiflcap.com
Website: www.iiflcap.com
Contact Person: Vishal Bangard/Kunur Bavishi
SEBI Registration Number: INM000010940
4) YES Securities (India) Limited
YES Bank Tower, IFC 2, 19th Floor, Senapati Bapat Marg
Elphinstone (W), Mumbai 400 013 Maharashtra, India
Telephone: +91 22 3347 9688, Fax: +91 22 2421 4511
E-mail: quess.ipo@yessecuritiesltd.in
Investor Grievance E-mail: igc@yessecuritiesltd.in
Website: www.yesinvest.in
Contact Person: Aditya Vora
SEBI Registration Number.:MB/INM000012227
Registrar Of The Company
Link Intime India Private Limited
C-13, Pannalal Silk Mills, Compound, L.B.S. Marg
Bhandup (West), Mumbai 400 078. Maharashtra, India
Tel: +91 22 6171 5400, Fax: +91 22 2596 0329
E-mail: qcl.ipo@linkintime.co.in
Investor Grievance E-mail: qcl.ipo@linkintime.co.in
Website: www.linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration Number: INR000004058
Registered Office:
3/3/2, Bellandur Gate, Sarjapur Main Road,
Bengaluru 560 103, Karnataka, India
Tel: +91 80 6105 6000; Fax: +91 80 6105 6406
Contact Person: NVS Pavan Kumar, Company Secretary and Compliance Officer
Email: investor@quesscorp.com;
Website: www.quesscorp.com
Corporate Identity Number: U74140KA2007PLC043909
