Quicktouch Technologies Limited, established in 2013, is an information technology company that offers a range of services in the IT sector. The company specializes in Software IT Solution and Consulting Services, IT Product/Software Development, Software Commercial Training, and Web designing.
One of the key services provided by Quicktouch Technologies Limited is web designing, which encompasses tasks such as website designing and redesigning, iOS and Android mobile app development, digital marketing, and web hosting services. The company helps businesses establish and enhance their online presence by creating visually appealing and user-friendly websites, developing mobile applications for different platforms, implementing digital marketing strategies to reach target audiences, and offering reliable web hosting solutions.
Quicktouch Technologies IPO Details
| IPO Date | Apr 18, 2023 to Apr 21, 2023 |
| Listing Date | May 02, 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 |
Quicktouch Technologies IPO Tentative Timetable
IPO opens on Apr 18, 2023, and closes on Apr 21, 2023.
| Event | Tentative Date |
| Opening Date | Apr 18, 2023 |
| Closing Date | Apr 21, 2023 |
| Basis of Allotment | Apr 26, 2023 |
| Initiation of Refunds | Apr 27, 2023 |
| Credit of Shares to Demat | Apr 28, 2023 |
| Listing Date | May 2, 2023 |
| UPI Mandate Confirmation Cut-Off Time | 5.00 PM on the issue closing day |
Industry Overview
The information technology industry is characterized by rapid advancements in technology, evolving customer demands, and the need for innovative solutions. Companies like Quicktouch Technologies provide software IT solutions and consulting services to address specific business needs, including custom software development, system integration, and IT infrastructure management. These services help organizations streamline their processes, optimize resource allocation, and improve overall performance.
Web designing is another significant aspect of the industry. As businesses increasingly rely on online platforms for marketing and customer engagement, the demand for visually appealing and user-friendly websites, as well as mobile applications, continues to grow. Quicktouch Technologies offers web designing services that encompass website development, mobile app development for iOS and Android platforms, digital marketing strategies, and web hosting services. These services assist businesses in establishing a strong online presence and reaching their target audiences effectively.
Company Financials
| 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 | ||||||
Objects of the Issue
The Company intends to utilize the proceeds of the Issue to meet the following objects:
- To meet the Working Capital requirement of our Company;
- Acquisition of business in similar or complementary areas
- General Corporate Purposes
- Issue related expenses
Quicktouch Technologies IPO Prospectus
Company Contact Information
Quicktouch Technologies Limited
815, Aggarwal Cyber Plaza-1,
Netaji Subhash Place, Pitampura,
Delhi-110034
Phone: +91 8800166317
Email: info@quicktouch.co.in
Website: http://www.quicktouch.co.in/
Quicktouch Technologies IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: virenr@skylinerta.com
Website: https://www.skylinerta.com/
Quicktouch Technologies IPO Lead Manager(s)
- Share India Capital Services Private Limited (Past IPO Performance)
- Khambatta Securities Limited (Past IPO Performance)
