May 31, 2021 - Jun 11, 2021

Quick Heal Technologies Limited Buyback (Quick Heal Technologies Buyback) Detail

Quick Heal Technologies Limited is one of the leading providers of IT security solutions in India.

Quick Heal Technologies offer reliable software products for multiple platforms like Windows PC, laptop, Mac, Windows Server, Android mobile, and Multi-device. It also provides the solution to speed up your PC, data protection security, and network security. The products of Quick Heal are customized to suit a wide range of customers from home users, small offices and home offices (SOHO), small and midsize businesses (SMB), enterprises, educational institutions, to government agencies and departments.

Quick Heal Technologies Buyback Detail

Issue PeriodMay 31, 2021 - Jun 11, 2021
Security NameQuick Heal Technologies Limited
Issue TypeTender Offer
Issue Size (Shares)0.63 Crores
Issue Size (Amount)₹154.98 Crores
Buyback Price₹245 per share
Face Value₹10 per share
Listing AtBSE, NSE

Quick Heal Technologies Buyback Issue Timetable

Offer Opens OnMay 31, 2021
Offer Closes OnJun 11, 2021
Record DateMay 3, 2021
Last Date for receipt of Tender FormsJun 15, 2021
Finalisation of Buyback AcceptanceJun 21, 2021
Last Date for settlment of bidsJun 22, 2021
Last Date for Extinguishment of SharesJun 29, 2021

Buyback Ratio

Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 37 Equity Shares out of every 303 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 2 Equity Shares out of every 21 fully paid-up Equity Shares held on the Record Date.

Company Financials

Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-20 31-Mar-19 31-Mar-18
Total Income 3,147.45 3,454.03 3,460.97
Profit After Tax 736.39 839.64 788.78
Net Worth 6,482.13 7,948.92 7,371.32
Reserves and Surplus 5,840.10 7,243.12 6,667.44

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Mar-2021 216 152.05 183.08
Feb-2021 169.95 150.1 156.11
Jan-2021 179.6 156 167.88

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Mar-2021 215.95 152 183.1
Feb-2021 170.1 150 156.1
Jan-2021 179.65 155.5 167.91

Necessity of the Issue

The Buyback aims to :
i) Return surplus cash to the shareholders and enhance overall return to the shareholders.
ii) Improve Return on Equity and Earnings per share and thereby enhance shareholder value in the long term.

Quick Heal Technologies Buyback Documents

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Company Contact Information

Quick Heal Technologies Limited
Marvel Edge, Office No. 7010 C & D,
7th Floor, Viman Nagar,
Pune - 411 014, India

Phone: +91 (20) 6681 3232

Quick Heal Technologies Buyback Registrar

  1. Link Intime India Private Ltd
       Link Intime India Private Ltd
       C 101, 247 Park, L.B.S.Marg,
       Vikhroli (West), Mumbai - 400083

    Phone: +91-22-4918 6270

Quick Heal Technologies Buyback Manager

Lead Manager(s)

  1. Ambit Private Limited

Registered Broker

  1. Ambit Capital Private Limited

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