Quicktouch Technologies deals in two segments namely (i) software as a service (SAAS), (ii) consultancy with respect to the development/support of applications/solutions for its clients. The company’s consulting/support services are related to applications from different industries such as finance, insurance, automotive, banking, etc.
Quicktouch launched ‘QuickCampus’, an Edutech marketplace, on 24 December 2022 which is claimed to be India’s first Edutech Marketplace. Quick Campus is a one-stop solution for all educational needs. It is not limited to ERP but also provides other services like capacity building for teachers’ educational loans including school fee financing, insurance, uniforms, hiring solutions, ID cards, books, group photos, etc.
Quicktouch Technologies IPO – Details
| IPO Opening Date | 18 April 2023 |
| IPO Closing Date | 21 April 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 15,30,000 Shares Worth ₹9.33 Crore Fresh Issue: 15,30,000 Shares Worth ₹9.33 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹61 |
| Market Lot | 2000 Shares (1 Lot) |
| Min Order | 2000 Shares |
| Listing At | NSE SME |
| Register | Skyline Financial Services Pvt Ltd |
| Retail Shares Offered | 50% |
| NII (HNI) Shares Offered | 50% |
Quicktouch Technologies IPO – Date Schedule
| IPO Open Date | 18 April 2023 |
| IPO Close Date | 21 April 2023 |
| Basis of Allotment | 26 April 2023 |
| Initiation of Refunds | 27 April 2023 |
| Credit of Shares to Demat Account | 28 April 2023 |
| IPO Listing Date | 02 May 2023 |
Quicktouch Technologies IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 2000 | 1,22,000 |
| Retail (Maximum) | 1 | 2000 | 1,22,000 |
| HNI (Minimum) | 2 | 4000 | 2,44,000 |
Competitive Strengths
- Qualified & Experienced Management who lead the company to scale up and expand into new opportunities;
- Dedicated tech support team to provide services/ solutions to their customers;
- Strong marketing;
- Quality and focus on customer satisfaction;
- Networking strength;
- Technology, research and development and know-how;
- Scalable business model with satisfactory track record.
Company Promoters
- Mr. Gaurav Jindal
- Ms. Madhu
Object Of The Issue
- To meet the Working Capital Requirements of the Company.
- Acquisition of business in similar or complementary areas.
- General Corporate Purposes.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2018 | 1.22 | 1.10 | 0.11 |
| 31 March 2019 | 1.42 | 1.23 | 0.13 |
| 31 March 2020 | 2.65 | 2.35 | 0.22 |
| 31 March 2021 | 7.28 | 6.71 | 0.52 |
| 31 March 2022 | 25.52 | 22.79 | 2.21 |
| 31 October 2022 | 28.12 | 22.00 | 4.30 |
Quicktouch Technologies IPO Promoter Holding
| Pre Issue Share Holding | 89.41% |
| Post Issue Share Holding | – |
Quicktouch Technologies IPO Prospectus
Company Contact Information
| Quicktouch Technologies Limited Office no. 203, 2nd Floor D-Mall, Netaji Subhash Place, Pitampura, Delhi- 110034 Phone: +91 8800166317 E-mail: cssonali@quicktouch.co.in Website: www.quicktouch.co.in |
Quicktouch Technologies IPO Registrar
| Skyline Financial Services Pvt Ltd D-153 A, 1st Floor, Okhla Industrial Area, Phase – I, New Delhi-110020 Phone: +91- 11-40450193-97 Email: virenr@skylinerta.com Website: www.skylinerta.com |
Quicktouch Technologies IPO Lead Manager(s)
| 1. Khambatta Securities Limited |
Quicktouch Technologies IPO FAQs
| What is Quicktouch Technologies IPO? Quicktouch Technologies IPO is a SME IPO. The issue is priced at ₹61 per equity share. The IPO is to be listed on NSE SME. |
| When Quicktouch Technologies IPO will open? The IPO is to open on 18 April 2023 for NII and Retail Investors. |
| What is Quicktouch Technologies IPO Investors Portion? The investors portion for NII-50%, and Retail-50%. |
| How to Quicktouch Technologies IPO? You can apply Quicktouch Technologies IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Quicktouch Technologies IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Quicktouch Technologies”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Quicktouch Technologies IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Quicktouch Technologies”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Quicktouch Technologies IPO Size? Quicktouch Technologies IPO size is ₹9.33 crores. |
| What is Quicktouch Technologies IPO Price Band? Quicktouch Technologies IPO Price Band is ₹61. |
| What is Quicktouch Technologies IPO Minimum and Maximum Lot Size? The minimum bid is 2000 Shares with ₹1,22,000 amount while the maximum bid is 2000 shares with ₹1,22,000. |
| What is the Quicktouch Technologies IPO Allotment Date? Quicktouch Technologies IPO allotment date is 26 April 2023. |
| What is the Quicktouch Technologies IPO Listing Date? Quicktouch Technologies IPO listing date is 02 May 2023. The IPO is to list on NSE SME. |
