Quadpro ITES IPO is all set to make its debut on 20th sept 21 with 14.10 Cr provides end-to-end solutions to the Banking, Insurance, and Telecom industries.
Quadpro ITES IPO – overview
| IPO Dates | 20-22 sept 2021 |
| IPO Price | INR 20 per share |
| Fresh issue | 6,300,000 shares (INR 12.60 crore) |
| Offer For Sale | Nil |
| Total IPO size | 7,050,000 shares (INR 14.10 crore) |
| Minimum bid (lot size) | 6000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Quadpro ITES IPO – Tentative Dates
| IPO Offer Opening Date | 20 Sept 2021 |
| IPO Closing Date | 22 Sept 2021 |
| Finalization of Basis of Allotment | 27 Sept 2021 |
| Initiation of refunds | 28 Sept 2021 |
| Transfer of shares to demat accounts | 28 Sept 2021 |
| IPO Listing Date | 30 Sept 2021 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Company Overview
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, Quad Scan – DMS Solution, Cash Management Services, and Cheque processing and Clearing Support. The company has its headquarters in Bangalore.
Industry Overview
Payment and settlement systems are the backbone of any economy. The last decade has witnessed substantial developments in this area of activity across the country. The Reserve Bank of India (RBI), under powers from the Payment and Settlement Systems Act, 2007, has endeavored to ensure that India has ‘state-of-the-art’ payment and settlement systems that are not just safe and secure, but are also efficient, fast and affordable. Efforts in this direction have yielded handsome results. The planned development of the payment systems has been guided by RBI’s vision document for the payment and settlement systems in India which is being put out in the public domain since the year 2002; the last in this series was the Payment Systems Vision 2018. The current Vision document outlines the road map for the three-year period spanning from 2019 to 2021.
Competitive Strengths:
- 11 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.
Objectives of the issue
- To Meet Capital Expenditure Requirements.
- Acquisitions and Other Strategic Initiatives.
- General Corporate purposes.
Company Financials
| Particulars | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
| Total Assets | 549.62 | 507.33 | 626.53 |
| Total Revenue | 1,034.95 | 1,291.02 | 1,507.20 |
| Profit After Tax | 72.68 | 21.17 | 66.07 |
Company Contact Information
Quadpro ITeS Limited
No.17, 3rd Cross,
Lalbagh Road,
Bangalore -560027
Phone: +91-80-4911 8300;
Email: quadpro.cs@gmail.com
Website: https://www.quadpro.co.in
Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: quadpro.ipo@kfintech.com
Website: https://karisma.kfintech.com/
Lead Manager(s)
- Beeline Broking Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
