Let’s have a detailed review of the company and analytics of the Quadpro ITES IPO release date, IPO offer price, subscription, Quadpro ITES Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.

Face ValueRs 2
Cash Price Rs 20
Listing AtNSE Emerge
Min. Order Quantity6000 Shares
Listing DateSep 30, 2021
Offer for SaleRs 150 Lakh
Fresh IssueRs 1260 Lakh
IPO SizeRs 1410 Lakh
Tick Size1

Quadpro ITES IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.

Live Performance – Quadpro ITES Share Price

Quadpro ITES IPO – Summary

Quadpro ITES IPOTheir Company was originally incorporated as Private Limited Company in the name of “Quadpro Eservices Private Limited” under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated November 03, 2010, issued by the Deputy Registrar of Companies, Karnataka. Subsequently, the name of their company was changed to Quadpro Ites Private Limited on March 24, 2021, with a certificate of Incorporation pursuant to the change of name issued by the Registrar of Companies, Bangalore.

Consequent up to the conversion of their Company into a public limited company, the name of their Company was changed to “Quadpro It’s Limited” and a fresh certificate of incorporation dated April 7, 2021, was issued by the Registrar of Companies, Bangalore.

The Promoter of this company is AIRAN LIMITED, MR. NANDIRA BIDDAPPA THIMMAIAH, MR. SANDEEPKUMAR AGRAWAL AND MR. ABHISHEK AGRAWAL. The lead manager to the issue is BEELINE BROKING LIMITED, and the Registrar to this issue is KFIN TECHNOLOGIES PRIVATE LIMITED.


Quadpro ITES IPO Date

The opening and the closing date of Quadpro ITES IPO are Sep 20, 2021, and Sep 22, 2021, respectively.


Quadpro ITES IPO Subscription

Day / DateNIIRIITotal Subscription
1st Day –  20 Sep1.92x2.68x2.30x
2nd Day –  21 Sep2.89x7.58x5.23x
3rd Day –  22 Sep8.71x23.53x16.12x
Shares Offered or Net Issue3,348,0003,348,0006,696,000

The shares subscribed by the public will be updated here.

Check Quadpro ITES IPO LIVE Subscription

  • Quadpro ITES IPO LIVE Bid details on BSE
  • Quadpro ITES IPO LIVE Bid details on NSE

For the Latest Bid details click on the above links.


Quadpro ITES IPO Allotment Status

Here, you can find the Allotment Status of this IPO.

Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.

Quadpro ITES Limited IPO Listing Date

Find the dates below on basis of allotment, refund, listing, and more:

Basis of Allotment FinalizationSep 27, 2021
Refunds InitiationSep 28, 2021
Credit of Shares to Demat AccountSep 28, 2021
Share Listing DateSep 30, 2021

Quadpro ITES IPO Cash Price

The face value of each share is Rs.2, but the price band of the IPO is Rs.20 


Quadpro ITES IPO Size

This Initial Public Issue of 70,50,000 Equity Shares of Rs.2 each for cash at a price of Rs.20 per equity share aggregating to Rs.1410 Lakh.


Quadpro ITES IPO Share Offering

Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of [●] Equity Shares of Rs.2/ each.

Issue Size: 70,50,000 Equity Shares of Rs.2 each, aggregating to Rs.1410 Lakh


Open Free Demat Account Now!

    Fill Your Details Here
    1. Open Demat AccountInvest in IPO


    Quadpro ITES IPO – Live Performance

    The listing date of this IPO is Sep 30, 2021. You can check the live performance of the IPO here, only after it is listed on exchanges.

    Live IPO Performance – Quadpro ITES Share Price

    Quadpro IPO Grey Market Premium

    The Quadpro ITES Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X. 


    Quadpro ITES IPO – Company Overview

    They are providing Information Technology (IT) and Information Technology (IT) enabled services, cash management services (CMS), Cheeque Truncation System (CTS), Doorstep Banking services, Software Development Services, Banking transaction processing services, Document management services for telecommunication companies, Non-Banking Finance companies, internet services providers, Database Management Services, Digital Document verification for payment banks, Supply of IT and ITeS Hardware, Skilled and unskilled manpower supply services, etc.

    They also provide E2E (End to End) service provider right from Know Your Customer (KYC) spot audit/pickup of forms from the distributor‘s point, thorough Know Your Client (KYC) audit at nearest spoke office, data entry of application form into the online portal, opening an account, verifying the voter ID / Aadhaar number from their web portal, and activating the SIM of the customer in a limited Turn Around Time (TAT).

    Also, transporting forms to the centralized HUB, inward at HUB, Bar Coding, Gumming Photograph, De-stapling, Scanning, Re-stapling, Image Splitting, File Naming, Batch preparing up to final warehousing.


    Quadpro ITES IPO – Financial Statements

    A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:

    Financial Summary:

    Amount (in INR & Lakh)
    31-Mar-2131-Mar-20Mar-19
    Total Assets549.62507.33626.53
    *Total Revenue1,034.951,291.021,507.20
    Total Expense933.131,255.781,600.06
    Profit After Tax72.6821.17(66.07)

    Earnings per Equity Share (in Lakh)

    31-Mar-2131-Mar-20Mar-19
    Basic & Diluted3.521.03(3.20)

     

    Further, their PAT for the period ended on March 31, 2021, March 31, 2020, and March 31, 2019, were Rs. 72.68 Lakh, Rs. 21.17 Lakh, and Rs. (66.07) Lakh respectively.


    Quadpro ITES IPO – Promoters

    The Promoter of this company is:

    1. AIRAN LIMITED
    2. MR. NANDIRA BIDDAPPA THIMMAIAH
    3. MR. SANDEEPKUMAR AGRAWAL
    4. MR. ABHISHEK AGRAWAL

    List of Related Parties (Key Managerial Personnel)

    • Nandira Biddappa Thimmaiah, Managing Director
    • Sandeepkumar Vishwanath Agrawal, Chairman, and Executive Director
    • Abhishek Sandeepkumar Agrawal, Executive Director
    • Siddharth Sampatji Dugar, Independent Director
    • Bhoomika Aditya Gupta, Additional Independent Director

    Quadpro ITES IPO – Promoters Holding

    • Pre Issue Share Holding -100%
    • Pos Issue Share Holding – %

    Quadpro ITES IPO Issue Details

     Particulars No. Of Equity Shares
     Equity Shares Offered Up to 70,50,000 Equity Shares aggregating up to Rs.1410 Lakh
    of which:
    Issue Reserved for the Market MakersUp to 3,54,000 Equity Shares aggregating up to Rs.70.80 Lakh
    Net Issue to the PublicUp to 66,96,000 Equity Shares aggregating up to Rs.1339.20 Lakh
    Of which:
    Retail Investors Portion Not less than 33,48,000 Equity Shares
    Other than Retail Individual InvestorsNot more than 33,48,000 Equity Shares
     Equity Shares outstanding prior to the Issue1,89,75,000 Equity Shares
     Equity Shares outstanding after the Issue2,52,75,000 Equity Shares

    Quadpro ITES IPO Issue Object

    Their Company proposes to utilize the Net Proceeds towards funding the following objects:

    1. To Meet Capital Expenditure Requirements
    2. Acquisitions and Other Strategic Initiatives
    3. For General Corporate Purposes

    Quadpro ITES – Business Strategy

    • Transforming Challenges into Opportunities
    • Harnessing the direct and indirect benefits of ITeS
    • Policy Initiatives
    • Time Zone Advantages
    • Access to an excellent resource pool

    Quadpro ITES IPO – Basis of Offer Price

    The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.

    Qualitative factors are:

    • Legacy Advantages and Networking Capabilities
    •  Technological Proficiency
    • Pan-India Presence
    • Airan Group Company

    The relevant quantitative factors are:

    Basic & Diluted EPSRONW (%)NAV (Rs.)
    31-Mar-213.5225.4413.85
    31-Mar-201.039.94
    Mar-19(3.20)(34.44)

    Quadpro: Competitive Peers

    Face Value (Rs.)P/EEPS  (Rs.)Return on Net Worth (%)Total Income (Rs. in Lakhs)
    Quadpro ITES Limited242.580.4725.441,034.90
    Listed Peers
    Riddhi Corporate Services Limited1060.662.7210.988,553.93
    Airan Limited234.670.456.486,286.30

    Quadpro ITES IPO Lead Managers

    Lead Managers
    BEELINE BROKING LIMITED
    SEBI Registration Number: INM000012546
    Merchant Banking Division Address: 807, Phoenix Tower, Opp. New
    Girish Cold Drinks, Near Vijay Cross Roads, Navrangpura, Ahmedabad –
    380 009, Gujarat
    Telephone Number: +91 79 4840 5357
    Email Id: mb@beelinemb.com
    Investors Grievance Id: ig@beelinebroking.com
    Website: www.beelinebroking.com
    Contact Person: Mrs. Khushbu Shah
    CIN: U51900GJ2014PLC080598

    Quadpro ITES IPO Registrar to offer

    Registrar to the Offer
    KFIN TECHNOLOGIES PRIVATE LIMITED
    SEBI Registration Number: INR000000221
    Address: Selenium Tower-B, Plot 31 & 32, Gachibowli,
    Financial District, Nanakramguda, Serilingampally,
    Hyderabad – 500 032, Telangana
    Telephone Number: +91- 40- 6716 2222
    Fax No. +91-40-2343 1551
    Email Id: quadpro.ipo@kfintech.com
    Investors Grievance Id: einward.ris@kfintech.com
    Website: www.kfintech.com
    Contact Person: Mr. Murali krishna

    Quadpro ITES IPO – Other Details

    • Statutory Auditor – M/s. Deora Maheshwari & Co
    • Legal Counsel to the Company – Mr. Shaktisinh B. Rana
    • Bankers to the Company –  HDFC Bank Limited


    Quadpro ITES IPO Review by Stock Brokers

    Top Stock Brokers ReviewCompany ReputationCompetitive EdgeFinancial StatementPopularity IndexPromoters Reputation
    Angel Broking7.5/107.4/108.5/108.1/107.1/10
    Sharekhan7.2/107.1/108.6/108.1/107.2/10
    Kotak Securities7.3/107.5/108.4/108.1/107.3/10
    ICICI Direct7.3/107.3/108.7/108.1/107.1/10
    IIFL7.5/107.2/108.8/108.0/107.1/10
    Edelweiss7.5/107.4/108.4/108.3/107.2/10
    Zerodha7.4/107.1/108.5/108.1/107.0/10
    5Paisa7.1/107.1/108.4/108.1/107.1/10
    Karvy7.4/107.3/108.2/108.1/107.1/10
    Motilal Oswal7.1/107.1/108.6/108.3/107.2/10

     


    Subscribe to Quadpro ITES IPO

      Fill Your Details Here
      1. Open Demat AccountInvest in IPO


      Quadpro ITES Limited IPO News

      News 1 – IPO DRHP Download

      News 2 – IPO RHP Prospectus Download


      Quadpro ITES IPO Review FAQs

      Ques – What is the Issue Size of Quadpro ITES IPO?

      Answer – The Company is making an initial public offer of 70,50,000 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.

      Ques – What is the Price band of Quadpro ITES IPO?

      Answer – The price band for this particular IPO ranges between Rs 20. As far as the face value of the share is of concern, it is Rs.2 per share.

      Ques – What is the Quadpro ITES IPO Open Date?

      Answer – The opening and closing dates for this IPO have been updated. The IPO is set to open on Sep 20, 2021, while the closing date is set at Sep 22, 2021.

      Ques – What is the Quadpro IPO Allotment Date?

      Answer – They also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on Sep 27, 2021, refund initiation is on Sep 28, 2021, credit of shares is on Sep 28, 2021, and share listing date is on Sep 30, 2021.

      Ques – What is the Quadpro ITES IPO Listing Date?

      Answer – Shares of this company shall be listed in the exchanges on Sep 30, 2021. The date, when the listing would be done, is stagnant on Sep 30, 2021.

      Ques – Who is the Registrar of Quadpro IPO?

      Answer – One of the reputed registrars is managing the issue of this IPO, i.e. KFIN TECHNOLOGIES PRIVATE LIMITED. Their website will help you regarding the further information you are on the lookout for.

      Ques – Who is the Promoter of Quadpro IPO?

      Answer – Here are the promoters of this IPO – AIRAN LIMITED, MR. NANDIRA BIDDAPPA THIMMAIAH, MR. SANDEEPKUMAR AGRAWAL AND MR. ABHISHEK AGRAWAL. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.

      Ques – What is the GMP of Quadpro IPO?

      Answer – They have obtained the GMP of this IPO and it is NA. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.

      Ques – Is Quadpro ITES IPO good for Investment?

      Answer – They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.

      Ques – What is the PAT of Quadpro ITES Company?

      Answer – They have the information of company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2021 in Lakh is 72.68, 2020 is 21.17, 2019 is (66.07).


      Calculate your return on investment!


      Asset ClassROI (Rs.)Profit (Rs.)Profit (%)
      IPO
      Equity
      Savings
      Real Estate
      Gold
      Bonds
      Fixed Deposit
      Mutual Fund


      Featured Topics

       

      Leave a Reply

      Your email address will not be published. Required fields are marked *

      24 + 9 =

      Get 100% IPO Allotment Guarantee! Subscribe to IPO