Quicktouch Technologies deals in n two segments as far as IT sector is concerned, one of them is providing Software as a Service (SAAS), namely EIMS and the other segment includes consultancy with respect to the development/support of applications/solutions for its clients. These consulting/support services are related to the applications from different industries such as finance, insurance, automotive, banking, etc.
The issue entails a fresh of 1,530,000 equity shares with a face value of Rs. 10 per share which aggregates the total value of the issue to Rs. 9.33 crores.
The objective of the Quicktouch Technologies IPO: The net proceeds from the issue will be used for: 1. To meet the Working Capital requirement of our Company; 2. Acquisition of business in similar or complementary areas 3. General Corporate Purposes 4. Issue related expenses
The Quicktouch Technologies IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lot (2000 shares or ₹122,00)
The allotment date of Quicktouch Technologies IPO is set for 26th April
Quicktouch Technologies IPO is promoted by Mr. Gaurav Jindal and Ms. Madhu.
Share India Capital Services and Khambatta Securities are the lead book managers to the issue.