Quick Heal Ipo Allotment Link Intime

Quick heal ipo allotment link intime

Quick heal ipo allotment link intime

Thisis only an advertisement for information purpose. This is not a Prospectus announcement and does not constitute inflation or after to acquire, purchase or subscribe for securities. Not for publication or distribution, directly or indirectly outside india.

QUICK HEAL TECHNOLOGIES LIMITED

Quick Heal Technologies Limited (The "Company/Issuer") was incorporated as CAT Computer Services Private Limited on August 7,1995, at Pune.

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Maharashtra as a private limited company under the Companies Act, 1956, The name of our Company was changed from CAT Computer Services Private Limited to Quick Heal Technologies Private limited and a fresh certificate cf Incorporation consequent upon change of name was issued by the Registrar of Companies.

Pune, Maharashtra to our Company on August 7, 2007. Thereafter, our Company was converted into a public limited company pursuant to approval at the shareholders at an extraordinary general meeting held on August 28, 2015 and consequently, the name of our Company was changed to Quick Heal Technologies Limned and a fresh certificate of  incorporation consequent upon conversion to public limited company was issued by the Registrar of Companies, Pune, Meharashtra on September 8, 2015.

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For details of changes in the name and the registered office of our company, see "History and Certain Corporate Matters" on page 159 of the Prospectus dated February 13, 2016 as supplemented by the Addendum-cum-Corrigendum dated February 16,2016 (together the "prospectus")

Registered and Corporate Office: Marvel Edge, Office No.

7010 C&D, 7th Floor, Opposite Neco Garden Society, Viman Nagar, Pune 411 014. India.

Quick heal ipo allotment link intime

Contact Person: Vijay B. Shirode, Company Secretary and Compliance Officer; Tel: (91 20)6681 3232; Email: [email protected]
Website: www.quickheal.com ; Corporate Identity Number: U72200MH1995PLC091408

PROMOTERS OF OUR COMPANY: KAILASH SAHEBRAO KATKAR, SAN JAY SAHEBRAO KATKAR, ANUPAMA KATKAR AND
DR.

Quick heal ipo allotment link intime

CHHAYA KATKAR

BASIS OF ALLOTMENT

The Equity Shares are proposed to be listed on the BSE Limited ("BSE") and the National Stock Exchange of India Limited ("NSE") and the trading will commence on February 18, 2016.

INITIAL PUBLIC OFFER OF 14,057,719 EQUITY SHARES OF FACE VALUE RS 10 EACH ("EQUITY SHARES") OF QUICK HEAL TECHNOLOGIES LIMITED (''COMPANY" OR "ISSUER") FOR CASH AT A PRICE OF RS 321 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS 311 PER EQUITY SHARE) AGGREGATING UP TO RS 4,512.53 MILLION (THE "OFFER"} CONSISTING OF A FRESH ISSUE OF UP TO 7,788,161 EQUITY SHARES BY OUR COMPANY AGGREGATING UP TO RS 2,500.00 MILLION (THE "FRESH ISSUE") AND AN OFFER FOR SALE OF 6,269,558 EQUITY SHARES BY KAILASH SAHEBRAO KATKAR, SANJAY SAHEBRAO KATKAR, SEQUOIA CAPITAL INDIA INVESTMENT HOLDINGS III AND SEQUOIA CAPITAL INDIA INVESTMENTS III (COLLECTIVE LY.

THE "SELLING SHAREHOLDERS ") AGGREGATING UP TO RS 2,012.53 MILLION (THE "OFFER FOR SALE").

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THE OFFER COMPRISES A NET OFFER TO THE PUBLIC OF 13,901,956 EQUITY SHARES (THE "NET OFFER") AND A RESERVATION OF 155,763 EQUITY SHARES AGGREGATING UP TO RS 50.00 MILLION FOR SUBSCRIPTION BY ELIGIBLE EMPLOYEES (AS DEFINED IN THE PROSPECTUS) (THE "EMPLOYEE RESERVATION PORTION"). THE OFFER WOULD CONSTITUTE 20.07% OF OUR POST-ISSUE PAID-UP EQUITY SHARE CAPITAL AND THE NET OFFER WOULD CONSTITUTE 19.85% OF OUR POST-ISSUE PAID-UP EQUITY SHARE CAPITAL.

THE OFFER PRICE: RS 321 PER EQUITY SHARE OF FACE VALUE OF RS 10 EACH
THE OFFER PRICE IS 32.1 TIMES OF THE FACE VALUE
ANCHOR INVESTOR ISSUE PRICE: RS 321 PER EQUITY SHARE

Risks to Investors:

(j) The three BRLMs associated with the Offer have handled twelve public issues in the past three years, out of which two issues closed below the Issue price on listing date.

(ii) The price / earnings ratio based on annualised consolidated diluted EPS for the six months period ended September 30, 2015 for the Issuer at the upper end of the Price Band is as high as 41.05, as compared to the NIFTY 50 Index Price / Earnings ratio of 20.22 (as on January 29, 2016)

(iii) There is no listed peer group company of the Issuer

(iv) Average cost of acquisition of the Equity Shares for Promoters who are also Selling Shareholders in IPO Rs0.03144, average cost of acquisition of Equity Shares for other Selling Shareholders is Rs 96.08 and the Public Offer at the upper end of the Price Band is as high as Rs 321.

BID/OFFER OPENED ON*: FEBRUARY 08, 2016
BID/OFFER CLOSED ON: FEBRUARY 10, 2016

* The Anchor Investor Bid/ Offer Period was one Working Day prior to the Bid/Offer Opening Date, i.e February 5, 2016.

In terms of Rule 19(2)(b)(ii)of the Securities Contracts (Regulation) Rules, 1957, as amended (the "SCRR").this is an Offer for at least such percentage of the   post-Offer paid-up Equity Share capilal of our Company which will be equivalent to Rs.

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4,000,00 million calculated at the Offer Price. The Oiler is made through, the Book Building Process in compliance with regulation 26(1) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended ("SEBI ICDR Regulations"), wherein 50% of the offer was allocated on a proportionate basis to qualified buyers ("QIBs").

Our Company and the Selling Shareholders may, inconsultation witn the BRLMs. had allocated up to60% of the QIB Portion to Anchor Investors ("Anchor Investor Portion") on a discretionary basis, out of which at least one-third was available for allocation to Mutual Funds only.

Such number of Equity Shares representing 5% of the Net QIB Portion shall be available for allocation on a proportionate basis to Mutual Funds only, and the remaining Net QIB Portion shall be available for allocation on a proportionate basis to all QIBs (otter than Anchor investors), Including Mutual Funds, subject to valid bids being received at or above Offer Price.

Further, not less than 15% of the Offer was available for allocation on a proportionate basis to Non-lnstitutional Invesiors.

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and not less than 35% of the Oder was available for allocation to Retail Individual Investors in accordence with the SEBI ICDR Regulations, subject tovalid Bids being received from them at or above the Offer Price.

Further, 155,763 Equity Shares was available for allocation On a proportionate basis to Eligible Employees, subject to valid Bids being received from them at or above Offer Price. All Bidders (other than Anchor Investors) shall participate in this Offer only through theASBA process by providing the details of their respective bank accounts in which the corresponding Bid Amounts will be blocked by the SCSBs, For Further details, see "Offer Procedure" on page 366 of the Prospectus.

The Offer received 350,644 Applications for 112,537,170 Equity Shares (before technical reiections} resulting in 8.005 times subscription.  The details of the Applications received in the Offer from various categories are as undar: {Before lechnical rejections)

The Basis of Allotment was finalized in consultation with the Designated Stock Exchange, being BSE on February 15, 2016.

A.

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Allotment to Retail Individual Investors (After Technical rejections)(Including ASBA Applications)

The Basis of Allotment to the Retail Individual Investors, who have Bid at Cut-off Price or at the offer Price of Rs 321 per Equity Share was finalised in consultation with BSE The category has been subscribed to the extent of 3,6214 times, The total number of Equity Shares Allotted in this category is 4,908,043 Equity Shares (including under subscribed portion of 42,358 Equity Shares spilled over from Employee Category) to 109,067 successful applicants.

The category-wise details of the Basis of Allotment are as under.

The Company in consultation with the BRLMs have Allocated 4,170,586 Shares to 10 Anchor investors through 13 Applications at the Anchor Investor Ofler Price of Rs 321 per Equity Shares in accordance with the SEBl Regulations.

The represents 60% of the QIB Category.

The IPO Committee of the Company at it's meeting held on February 16,2016, has approved the Basis of Allotment of the Equity Share approved by the Designated Stock Exchange, being BSE and Allotted the Equity Shares to various successlul Applicants.

The Alltotment Advice has been dispatched on or before February 17,2016 to the address of the Investors as registered with the depositories.

HOW TO CHECK IPO ALLOTMENT STATUS ONLINE ?

Further instructions to the Self Certified Syndicate Banks have been dispatched / mailed on February 16,2016. In case the same is not received within ten days, investors may contact the Registrar to the Offer at the address given below, The Equity Shares Alloted to the successful Applicant have been credited on February 16,2016 to their beneficiary accounts subject to validation of the account details with the depositories concerned. Our Company taking steps for completion of the-necessary formalities to get the Equity Shares admitted for trading on the BSE and the NSE within six Working Days from the Bid/offer Closing Date.

Note; All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus.

INVESTORS PLEASE NOTE
These details of the Allotment made shall be hosted on the website of Register to the Offerr, Link Intime India Private Limited at www.linkintime.co.in

All future correspondence in this regard may kindly be addressed to the Registrar to the offer quoting full name of the First/Sole applicant, Serial number of the Bid-Cum-Application form, number of Equity Shares bid for, name of the Member of the Syndicate, place where the bid was submitted and payment details at the  address given below;

Link Intime India Private Limited
C-13, Pannalal Silk Mills Compound.L.B.S.

Marg. Bhandup (West), Mumbai 400 078
Tel: (91 22)6171 5400; Fax: (91 22)2596 0329; E-mail:[email protected] Investor Grievance E-mail: [email protected] ; Website: www.linkintime.co.in Contact Person; Shanti Gopalkrishnan
SEBI Registration No.: INR000004058

Place: Pune
Date: February 17,2016
For QUICK HEAL TECHNOLOGIES LIMITED
On behalf of the Board of Diredors
Sd/-
Company Secretary & Compliance Officer

THE LEVELOF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OF THE BUSINESS PROSPECTS OF QUICK HEAL TECHNOLOGIES LIMITED.

Quick heal ipo allotment link intime