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Home › IPOs › Quadpro ITeS Ltd.
QU
Quadpro ITeS Ltd.
CLOSED NSE SME Fixed Price IPO Fresh Capital-cum-Offer for Sale Quadpro ITeS IPO GMP
GREY MARKET PREMIUM
₹ 0
No premium data
EST. LISTING PRICE
₹20
Issue Price: ₹ 20
Issue Price
₹20
Face Value
₹2
Lot Size
6,000 shares
Open Date
20 Sep 2021
Close Date
22 Sep 2021
Allotment
27 Sep 2021
Listing Date
30 Sep 2021
Exchange
NSE SME
Quadpro ITeS IPO About the Company

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, QuadScan - DMS Solution, Cash Management Services, and Cheque processing and Clearing Support. The company has its headquarter in Bangalore.

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.
...read more
Quadpro ITeS IPO Objects of the Issue
Purpose Amount (₹ Cr)
1 To Meet Capital Expenditure Requirements ₹3
2 Acquisitions and Other Strategic Initiatives ₹6
3 For General Corporate Purposes ₹3
Quadpro ITeS IPO Lead Managers
Beeline Broking Ltd.
Financial Summary Amount in Lakhs
Metric 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 550 507 627
Revenue 1,035 1,291 1,507
PAT 73 21 66
Issue Details
Total Shares Offered
7,050,000 (100%)
Reserved for Market Maker
Up to ₹1 Cr
Net Offer to Public
Up to ₹13 Cr
Pre-Issue Shareholding
18,975,000 shares
Post-Issue Shareholding
25,275,000 shares
UPI Mandate
22 Sep 2021
IPO Analytics Dashboard
LIVE
Quadpro ITeS IPO GMP Insights
👤
Retail Demand
Strong
💼
HNI Interest
Strong
📊
Valuation
Weak
Quadpro ITeS IPO GMP Strength Score
8 / 10 Good
0–3 Weak 3–6 Moderate 6–8 Good 8–10 Strong
Quadpro ITeS IPO Category-wise Subscription Shares offered, bid & amount
Category Sub (x) Offered Bid For
💼 NII / HNI — 3,348,000 (47%) —
👤 Retail (RII) — 3,348,000 (47%) —
📊 Market Maker — 354,000 (5%) —
Σ Total — 7,050,000 (100%) —

* Amount calculated at upper price band (₹20) ·  ** Total includes all investor categories

Subscription Overview Share allocation by investor category
💼
NII / HNI ? 3,348,000 (47%)
47%
👤
Retail (RII) ? 3,348,000 (47%)
47%
📊
Market Maker ? 354,000 (5%)
5%
Total Shares Offered 7,050,000 (100%)
Quadpro ITeS IPO Application Sizing Minimum investment by category
👤 Retail Investors ?
Min. Lots 1
Shares / Lot 6,000
Min. Investment ₹120,000
💼 HNI Investors ?
Min. Lots 2
Min. Shares 12,000
Min. Investment ₹240,000
Quadpro ITeS IPO Valuation — EPS & P/E Pre & post-issue metrics
Pre-Issue P/E ?
69 x
Quadpro ITeS IPO Timeline & Key Dates
  1. 1 💳 Initiation of Refund 28 Sep 2021
  2. 2 📂 Credit of Shares to Demat 28 Sep 2021
Investor Interpretation
  • Retail allocation is strong at 47% of the total offering.
  • HNI/NII demand is strong at 47%.
  • The IPO P/E of 69x reflects a weak valuation relative to typical market ranges.

This IPO shows moderate investor interest. Review financial details and compare valuation with industry peers before investing.

STOCK PRICE HISTORY  ·  NSE
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Issue Price: ₹ 20  ·  Symbol: —
H —
L —
O —
Quadpro ITeS IPO Company Info
📍 No.17, 3rd Cross, Lalbagh Road, Bangalore Urban, Karnataka, 560027
Visit Website
Quadpro ITeS IPO Registrar
Kfin Technologies Ltd.
Check Allotment Status
Quadpro ITeS IPO FAQs
Quadpro ITeS IPO has already listed. Its last recorded GMP was ₹0. GMP is only indicative and never a guarantee of listing gains.
The issue price of Quadpro ITeS IPO is ₹20 per share. One lot has 6,000 shares, so the minimum investment is about ₹120,000. It is a Fresh Capital-cum-Offer for Sale issue.
Quadpro ITeS IPO opened on 20 Sep 2021 and closed on 22 Sep 2021. Allotment is tentatively finalised on 27 Sep 2021. Shares are listed on NSE SME on 30 Sep 2021.
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.
As per the offer document, Quadpro ITeS plans to use the IPO proceeds for: 1 To Meet Capital Expenditure Requirements (₹3); 2 Acquisitions and Other Strategic Initiatives (₹6); 3 For General Corporate Purposes (₹3).
The lead manager of Quadpro ITeS IPO is Beeline Broking Ltd..
Quadpro ITeS IPO is proposed to list on NSE SME; it is a Fixed Price IPO and the issue is a Fresh Capital-cum-Offer for Sale.
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