Quick Heal Technologies Ltd is entering in the capital markets with an initial public offering, IPO of 14602897 Equity Shares [Fresh Issue of 2,500.00 million + Offer for Sale of up to 6,814,736 Equity Shares] of Rs 10 each. The price band for the issue has been fixed at Rs 311 at lower level and Rs 321 at upper level.Incorporated in 1995, Quick Heal Technologies Ltd is Pune, India based IT security solutions company which provides security software products and solutions. Company has market share of over 30% in the retail segment in India. Their customers includes home users, small offices and home offices (SOHO), SMBs, enterprises, educational institutions as well as government agencies and departments.
The issue opens on Feb 8, 2016 and closes for subscription on Feb 10, 2016. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
