Quick Heal Technologies Ltd IPO Message Board (Page 55)

Dear Eagleye,

What is your opinion to sell application or apply unsold in QHT

Dear Eagleye,

Please give your opinion in QHT ipo urgently.

Thanks

@311- 321 ... right price ... it is at good valuation

Dear Eagleye

quick heal bechna chahiye kya 500 me application

don''t sell ur application.......just apply and sell on listind day only............good candidate for 3000 plus on minimum application on allotment....

QHT GMP 38-39

last year we had 22 issue 13 r making money 9 r losing money worst is ad labs and best is pushkar..... pushkar even after 90% increase still looks attractive presently the market cap is around 500 crs for a company with EPS of 8 is trading according 15 PE compare to others this company even after handsome return on PE front it is still lowest of all the IPO.... with new production getting streamed future is very bright doubling on EPS is possible....

I would not support infra firm even if the order book is good. Cash flow situation is not do good which in reality increases the working capital and affects the actual margin. Unlike other products wherein a company can stop, if the payment is not received, herein projects money sunk in mobilizing cement, steel and other machinery can not be withdrawn and are at the mercy of client. If client is a private sector and a NPA with any financial institution, their cash tap is also shut.

Till the time npa issue sorted I will stay away from infra stocks

The company has robust engineering, procurement and construction (EPC) order book of Rs 3,570 crore and it also has L1 order of Rs 810 crore. This gives revenue visibility of two to three years. Plus BOT In addition, the company''s borrowings are relatively low compared with peers. Its net debt-toequity ratio is 0.1, which is quite attractive for an infrastructure player. i think best ratio for any infra company
For FY17 estimated earnings, the company is trading at price-earnings (P/E) multiple of 17. Its bigger peers such as Sadbhav Engineering and Ashoka Buildcon are trading at 29 and 30.4, respectively. Investors with a horizon of two years may consider the stock for further research.

For me this is L&T in making and i have a very long term view say 7 years

some excerpts from Business standard:
Kailash Katkar, MD & CEO, Quick Heal (right) and Sanjay Katkar, CTO. Class 10-educated Kailash founded the company with younger brother Sanjay from the former’s hardware repair shop in Pune.

From calculator repairmen to founders of Quick Heal Technologies, the country’s most popular anti-virus brand, siblings Kailash and Sanjay Katkar would have come a long way when their Rs 450-crore public issue launches next week.

Quick Heal makes its stock market debut next week, which will value the IT security solutions company at around Rs 2,000 crore and the Katkar brothers at around Rs 1,500 crore.

The company, which today boasts a 30 per cent share in the domestic retail market, began with a humble hardware repair shop in Pune two decades ago.

Before venturing into anti-virus software services, chairman and co-founder Kailash was a neighbourhood radio and calculator repairer. With the support of his younger sibling Sanjay, who had just obtained a master’s degree in computer science, the two brothers went on to establish Quick Heal.

“When we started we never thought of making it so big. We just wanted to develop a good product,” says 41-year-old Sanjay, who spent a lot of time at his elder brother’s hardware repair shop while pursuing his master’s degree.

“I noticed that a lot of machines, which had come for repairs, were infected with viruses. As I was studying debugging, I started fixing these machines. As I discovered new viruses, I developed new solutions,” says Sanjay, who is chief technology officer of Quick Heal.

As the virus solutions soon started gaining popularity in Pune, the Katkar brothers decided to shift focus away from hardware repairs.

“By 1998, we stopped hardware repairing and moved focus to anti-virus. In 2002, we expanded out of Pune and in 2011-12, ventured into enterprise solutions,” says 45-year-old Kailash, managing director and chairman, Quick Heal. Last year, the company generated over Rs 250 crore in revenues. Quick Heal, which competes with US-based anti-virus majors like Symantec Corporation and McAfee, has managed to stay relevant by catering to the Indian marketplace. “Globally, Windows XP operating system has become mostly redundant. But in India, it still has a 40 per cent market share. There are hardly any products to cater to them. We still continue to provide support to that,” says Sanjay, who adds that Quick Heal gained popularity by understanding the needs of Indian consumers better.

Vinay Menon, head of equity capital markets of JP Morgan India, one of the three investment banks handling the Quick Heal IPO, says the founders’ passion stands out.

“Despite coming out of Pune, Quick Heal has managed to create a good brand name to take on global majors. The company has good on-the-ground presence and distribution network. Quick Heal is a classic example of the ability of young India to stand up against global majors,” says Menon.

In a marketplace, which is fast changing as consumers shift from personal computers to smartphones, the Quick Heal founders, who are offloading Rs 200 crore worth of shares in the IPO, say there are plenty of opportunities as consumers need to be protected from vulnerabilities.

MS is offering free up grade to from XP to window 10 so the 40% os of XP will also disappear soon......

from next week windows 10 will get updated on windows 7 and 8.1 automatically for the home.

Expected closing on listing days

PCL 210-220
Teamlease 930-965
Quick 295-310

Write it on a piece of paper
PCL 168-171
TCL 1125-1145
QH 425-435

Forget nifty. Forget China.

Focus on ipo only

Last 3yrs revenue increase around 20%
Last 3yrs net profit decrease around 10-15% hehe is it reason for apply clearly avoid check just dial from 1500 to 560 due to decrease in margin
better to buy teamlease and already applied for PCL.

My take.
1) In today''s world where the PC sales are reducing every year and sales of smart phones is increasing exponentially, the sales of QH will continue to decline and hence the margins and profits would continue to fall.
2) People who are holding PCs would be moving over from PCs if they already haven''t to smarphones and hence the sale of QH would again be impacted.
3) There are plenty of very good free Android anti virus software available such as CM Security, 360° etc..which would again impact sale of QH mobile anti virus software.

Jist- The computers and its anti virus software industry as a whole is in a stage of terminal decline and no future. In another 5 years or so this industry would belong to an era of walkman, DVD players and cassette players. QH has to justify what kind of expansion they want to carry our and what their future products would be before people should even think about applying in IPO. Based on present declining profits and future growth, this IPO is an avoid.

Disclaimer- Its a personal view and I have yet to read the RHP. The analysis is based purely on my knowledge of the computer industry and its future understanding.

nice analysis by septa quick heal ipo avoid

Quick heal technologies ltd. gmp 600/- in Rajkot.....

From financial statements company looks zero debt or almost low debt company.......

Quick heal AV is one of the worst anti virus I have ever used. When I dont believe in the product itself, no way I''m going to invest in this.

Some of my analysis of Quick Heal IPO:

Quick Heal Technologies provides security software/ antivirus products for both home and enterprise users. It has market share of 30%.
Customers – Home users, small business owners, educational institutions and government departments.
Enterprise Users – Gitanjali Gems Limited, Sardar Patel University, Bombay Hospital, Aimil Limited, National Steel and Agro Industries Limited etc. No big name in customers list.
Active licenses have increased from 2.5 million as of March 2011 to 6.9 million as of June 2015.

Dates of IPO – 8th February, 2016 to 10th February, 2016
Price band – Rs. 311 to Rs. 321
Lot size – 45

Objectives of the Issue:
Advertising and sales promotion, Capital expenditure for research and development, Purchase of offices and General corporate purposes. Objectives of IPO are good.

I have last 4 years financial data. From 2012 to 2015 company’s income is Rs. 178 crore, Rs. 205 crore, Rs. 242 crore, Rs. 286 crore respectively. It shows almost 14% to 18% increase each year. It shows excellent growth. However, Net profit for year 2012 to 2015 is 68 crore, 76 crore, 58 crore, 53 crore respectively. However, company’s income is increases but it fails to generate profit. This is alarming for me.

EPS comes to Rs. 8 to 9 for last two years. It is available at 36 P/E ratio. It is high.

Growth Prospects:
Government’s initiatives in IT projects required greater need for sound antivirus systems.
Challenges:
Free antivirus software available easily.
Hardware (desktop, laptop etc.) is coming with installed antivirus software.
Overall economy condition is most important factor in company’s growth. If economy is not good, users are going for free or cheap alternative. I think economy for next couple of years is not as good as 2014 and 2015.

Market condition is also important at the time of listing. Parliament’s Budget session starts from 22nd February, 2016. As soon as Budget session starts, GST bill comes into picture. Pre and Post Union Budget, operators will take market on upper side. GST Bill and Union Budget will drive market from third week of February. Overall market will be favorable from third week of February 2016 for some time.

Some risk is involved in this IPO. Market condition will be favorable at the time of listing. This will help to get some listing gain. Grey market premium is not bad. Investors will get some money in short term. Apply for minimum lot only. Don’t go for long term.
In future sales shows growth but not net profit becaof overall economy condition and high competition.

QHT GMP 37-39

Eagleye Sir can I apply teamless IPO for listing gain

Dear Wasim,

TeamLease Services IPO

This IPO is a LIFO issue (Last In, First Out) ...

It is for the nimble investors only ... entry at last hour ... after assessing the QIB / NII appetite ... and exit swiftly upon listing ... Basically, this IPO is good to apply for short term punters and not for long term investors ...

Market expects the RII book to be minimum 8-10X ... hence, allotment ratio to RII investors is likely to be very low

TEAMLEASE AND QUICK HEAL TECHNOLOGIES COMPARISION.
TEAMLEASE IPO IS BETTER THAN QUICK HEAL

QH is a very expensive bet
Company income increase but profit decline every year since 2012.
Yearly expected Eps range Rs..8 to 9 per share for full year 2016.
Ipo price band 311 to 321
So pe multiple 36 approximately (321÷9)
Is very expensive.
Price band is not comfortable for retail investor.

Which is a better IPO to invest in Quickheal or Teamlease both from short-term (listing gains) and medium term point of views? I wanted to know the view of senior people and other experts here.

The more I read and analyse...the more sceptical I become about this one from being strongly positive initially...listing pop - probably yes!!! Medium term...unsure!!! Business viability is increasingly questionable...

QHT GMP 40-45
TSL GMP 240-245
PCL GMP DEAD

Pcl is in discount or no trade

its better to invest in teamlease or quick heal.

please tell me.