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Quess Corp Ltd IPO (Quess Corp IPO) Detail

June 29, 2016 - July 1, 2016

Quess Corp IPO is a book built issue of Rs 400.00 crores.

Quess Corp IPO bidding started from June 29, 2016 and ended on July 1, 2016. The shares got listed on BSE, NSE on July 12, 2016.

Quess Corp IPO price band is set at ₹310 to ₹317 per share. The minimum lot size for an application is 45 Shares. The minimum amount of investment required by retail investors is ₹14,265.

Axis Capital Limited, ICICI Securities Limited, Iifl Securities Ltd and Yes Bank Limited are the book running lead managers of the Quess Corp IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Quess Corp IPO RHP for detailed information.

Quess Corp IPO Details

IPO Date June 29, 2016 to July 1, 2016
Listing Date July 12, 2016
Face Value ₹10 per share
Price Band ₹310 to ₹317 per share
Lot Size 45 Shares
Total Issue Size125,953,353 shares
(aggregating up to ₹400.00 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Quess Corp IPO Reservation

Quess Corp IPO offers 7,096,774 shares. 3,903,023 (55.00%) to QIB, 1,916,251 (27.00%) to NII, 1,277,500 (18.00%) to RII. 28,388 RIIs will receive minimum 45 shares and (sNII) and (bNII) will receive minimum 675 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered3,903,023 (55.00%)NA
NII (HNI) Shares Offered1,916,251 (27.00%)
Retail Shares Offered1,277,500 (18.00%)28,388
Total Shares Offered7,096,774 (100%)

Quess Corp IPO Lot Size

Investors can bid for a minimum of 45 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 45 ₹14,265
Retail (Max) 14 630 ₹199,710
Lot Size Calculator

About Quess Corp Ltd

Incorporated in 2007, Quess Corp Limited (formerly known as IKYA HUMAN CAPITAL SOLUTIONS LIMITED), is integrated business services provider in India mainly focused on emerging as the preferred partner for handling end-to-end business functions of their clients. Information in this paragraph is copied from chittorgarh.com. Quess offers services across many sectors like IT and ITES staffing, managing facilities, F&B sector, skill development training, general staffing, HR solutions, engineering services, etc.

Headquartered in Bengaluru, the Company has pan-India presence with 47 offices across 26 cities, as well as operations in North America, the Middle East and South East Asia. Content in this paragraph is copied from chittorgarh.com. It serves over 1300+ customers across 4 segments namely, Global Technology Solutions, People & Services, Integrated Facility Management and Industrial Asset Management.

Company Financials

Particulars

For the year/period ended (in Rs. Million)
31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
Total Assets 12,378.68 7,190.96 3,309.11 2,541.99
Total Revenue 34,424.26 25,727.58 10,043.52 6,394.35
Profit After Tax (PAT) 885.21 672.16 171.02 83.05

Objects of the Issue (Quess Corp IPO Objectives)

The objects of the issue are:

1. Repayment of debt availed by the Company;
2. Funding capital expenditure requirements of the Company and their Subsidiary, MFX US;
3. Funding incremental working capital requirement;
4. Acquisitions and other strategic initiatives; and
5. General corporate purposes.

Quess Corp IPO Review (Apply)

[Dilip Davda]  This being a niche player with many firsts to its credit and having bright prospects ahead may be considered for medium to long term investment as it also enjoys first mover tag for the segment. Read detail review...


Quess Corp IPO Subscription Status (Bidding Detail)

The Quess Corp IPO is subscribed 143.99 times on July 1, 2016 5:00:00 PM. The public issue subscribed 31.23 times in the retail category, 59.02 times in the QIB category, and 392.21 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB59.02
NII392.21
Retail31.23
Total143.99

Quess Corp IPO Prospectus

Quess Corp IPO Rating

654
3.9
Rating:Rated 3.9 stars
Vote Here ...

Quess Corp IPO Listing Details

Listing Date July 12, 2016
BSE Script Code 539978
NSE Symbol QUESS
ISIN INE615P01015
Final Issue Price ₹317 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹317.00
₹499.00
₹480.05
₹508.60
₹503.00
NSE
₹317.00
₹500.00
₹480.00
₹509.30
₹503.10

Check IPO Performance…

Quess Corp Ltd Contact Details

Quess Corp Ltd
3/3/2, Bellandur Gate,
Sarjapur Main Road,
Bengaluru 560 103
Phone: +91 80 6105 6000
Email: investor@quesscorp.com
Website: http://www.quesscorp.com

Quess Corp IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: qcl.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html

Quess Corp IPO FAQs

Quess Corp IPO is a main-board IPO of 125,953,353 equity shares of the face value of ₹10 aggregating up to ₹400.00 Crores. The issue is priced at ₹310 to ₹317 per share. The minimum order quantity is 45 Shares.

The IPO opens on June 29, 2016, and closes on July 1, 2016.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Quess Corp IPO opens on June 29, 2016 and closes on July 1, 2016.

Quess Corp IPO lot size is 45 Shares, and the minimum amount required is ₹14,265.

You can apply in Quess Corp IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Quess Corp IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Quess Corp IPO allotment status.

The Quess Corp IPO listing date is on July 12, 2016.
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Quess Corp IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Most Liked Members

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1463 Comments

724. Dhaval Surat |   Link |  Bookmark |August 9, 2016 10:49:45 AM
I had 25 shares of IPO. So suggest eagleye ji that it''s being much much panic so can I hold or sell ?
723. Indy |   Link |  Bookmark |August 9, 2016 12:25:43 AM
Can anchor investors sell before 30 days??
722. Manoj budhwani |   Link |  Bookmark |August 8, 2016 1:36:17 PM
Hi All.. i entered at 580/- and its still going down.. any reason to panic ? Shall i add more at this levels ?
722.1. Eagleye |   Link |  Bookmark |August 8, 2016 6:15:28 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Today was selling pressure by Anchor Investors ... It will subside in 1 or 2 days ... And thereafter the stock move up again ... Not to worry !!!
722.2. gamble |   Link |  Bookmark |August 9, 2016 8:44:11 PM (1600+ Posts, 3900+ Likes)
Why they have to sell??..

They can''t keep it???

Or donot want to keep it??
721. BULLS OF INDIA |   Link |  Bookmark |August 5, 2016 11:48:14 AM (200+ Posts)
Quess corp up 32% in last 1 mth, PARENT Thomas cook (holds 62.6% stake) down 10% in last 1 month.
720. Shyamal |   Link |  Bookmark |August 4, 2016 9:57:11 PM
I am ready to pay higher amount due avoid heavy penalty for the same guys kindly help me to come out for the same for that.
719. Shyamal |   Link |  Bookmark |August 4, 2016 9:52:27 PM
Any one is having Quess Corp Shares (Delivery of Shares) can contact me personally, I have one very urgent need due to short selling. Kindly revert me guyss if any one is having it

+8000 542045 EIGHT ZERO ZERO ZERO FIVE FOUR TWO ZERO FOUR FIVE.
719.1. AKSHAH |   Link |  Bookmark |August 4, 2016 10:37:20 PM
I have 10 shares bought today @647...my email id anilshah3193@rediffmail.com
719.2. AKSHAH |   Link |  Bookmark |August 4, 2016 10:37:21 PM
I have 10 shares bought today @647...my email id anilshah3193@rediffmail.com
718. gamble |   Link |  Bookmark |July 30, 2016 8:30:12 PM (1600+ Posts, 3900+ Likes)
Quess corp results update

revenue growth of 36% y o y from rs. 730.3 cr to rs. 991 cr
ebitda up by 59% from rs. 33.1 cr to 52.7% PAT :up by 37% from rs. 18 cr to rs. 24.7...(yoy)


Results looks good but u know operator !!!
Take care !!
718.2. BULLS OF INDIA |   Link |  Bookmark |August 1, 2016 5:37:55 PM (200+ Posts)
@ egaleye, Really all posts of yours are trustworthy. Benefitted a lot (this time too). Thanks a lot :)
718.3. Vivek Damani |   Link |  Bookmark |August 2, 2016 1:45:26 PM
is it good to buy quess at this levels for 3-4 months ???

pls reply
717. BULLS OF INDIA |   Link |  Bookmark |July 30, 2016 11:03:44 AM (200+ Posts)
Result http://corporates.bseindia.com/xml-data/corpfiling/AttachLive/7D04B969_DA99_45C7_B7D9_118E27535EB2_194959.pdf
716. Indy |   Link |  Bookmark |July 28, 2016 7:38:20 AM
Read post @694
716.1. BULLS OF INDIA |   Link |  Bookmark |July 29, 2016 12:11:01 PM (200+ Posts)
Quess will again broke previous high shortly...
715. gamble |   Link |  Bookmark |July 27, 2016 11:35:35 AM (1600+ Posts, 3900+ Likes)
Nifty tumble down from it''s high..
Ujjivan 474-457
Equitas 198-190
LTI 697-691
Mgl 503-500
Quess 524-504



715.1. gamble |   Link |  Bookmark |July 27, 2016 11:36:43 AM (1600+ Posts, 3900+ Likes)
Thyrocare 578-564
715.2. Sanja |   Link |  Bookmark |July 27, 2016 9:27:53 PM
Ujjivan next target?.. looks like shortage of shares... Is there any chance for Bonus?
714. PavanM |   Link |  Bookmark |July 27, 2016 10:26:15 AM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
ICRA upgraded credit rating of Quess Corp and Quess now at life time high..what are the short term targets. holding few shares allotted in IPO.
714.1. gamble |   Link |  Bookmark |July 27, 2016 11:29:47 AM (1600+ Posts, 3900+ Likes)
Back to pavilion @507 from @524
713. deliteink |   Link |  Bookmark |July 26, 2016 3:31:28 PM
I think this investment will be very helpful for a short term.
Talking of investments, here''s a link for cheap ink. www.deliteink.com
712. H K Jain |   Link |  Bookmark |July 24, 2016 9:43:07 PM
for short as well as long term buy DHFL, SBI, BOB, ujjivan, tata DVR.
711. AHMEDABAD SMART IPO |   Link |  Bookmark |July 24, 2016 12:08:48 AM
its good bet for short term, retailers have no shares so wait for immediate bounce with target 600
710. gamble |   Link |  Bookmark |July 21, 2016 9:04:51 PM (1600+ Posts, 3900+ Likes)
Investment that will give u more than FD for sure!!!

More likely min20% return (3-5months time )


INOX WIND

EPS 21.69 PE 10.5 CMP 228(buy in every dips near to all time low)

Industry PE 26

Promoter holding : 85.62%

NP figures(standalone from moneycontrol)

2010= -1.30cr
2011= 6.37 cr
2012= 99cr
2013= 147cr
2014=145cr
2015= 331cr
2016=481cr

This is worth to buy share..risk is almost zero in this my view.
710.2. Chem cho |   Link |  Bookmark |July 24, 2016 6:36:38 PM
IPO Guru IPO Guru (2500+ Posts, 2700+ Likes)
AN BUY AT RS 214 - rs 220 as per my charts

stop loss rs 199

710.3. gamble |   Link |  Bookmark |July 24, 2016 7:55:04 PM (1600+ Posts, 3900+ Likes)
Yes sir i suggested the same..but i will prefer to buy as soon as possible...because if 10-12% quick upmove happens then u will not buy it near 250 or above...


So do not wait for downside,,yes i know it will move up (generelly)after sinking below 220 but every time that may not happen.
709. Vivek Damani |   Link |  Bookmark |July 21, 2016 7:25:40 PM
Is it good to buy Quess shares at this price ? I want to sell L&T infotech shares and want to buy quess.. EXPERTS pls reply.

Thanks
709.4. gamble |   Link |  Bookmark |July 27, 2016 10:36:09 AM (1600+ Posts, 3900+ Likes)
Yes,, Eagleye that was very good idea !!
650 na by diwali??
709.5. Vivek Damani |   Link |  Bookmark |July 27, 2016 10:42:18 AM
@gamble -- which share will come to 650 by diwali ??
708. Khemka |   Link |  Bookmark |July 20, 2016 12:47:30 PM (1000+ Posts, 400+ Likes)
Any 1 playing in tata matalic , fourfold in just 2 months from 100 to 420 firmly trading still test 600 types ???
707. Ravi Shah |   Link |  Bookmark |July 18, 2016 6:58:15 PM
Hello ,
Still my money is not unblock from quess crop?
what is necessary action i need to take?
707.1. AP |   Link |  Bookmark |July 22, 2016 1:06:34 PM
Contact directly to the Official of your respective Bank (in Head Office) who deal with merchant banking (ASBA related matters) to unblock the same...

I did same for PNB
706. ddma |   Link |  Bookmark |July 17, 2016 11:35:51 AM
Idia ka jamana ab new issue ki batta karo buy quess at 450 level and buy mgl at currunt level so hurry and dont wait for idia
705. gamble |   Link |  Bookmark |July 16, 2016 12:19:37 PM (1600+ Posts, 3900+ Likes)
Do u see idea above 120.. this month??


1178.3. gamble Jul 2, 2016 10:44:34 PM IST

Idea cellular : buy @CMP i.e 106 sl NA...targets 112/119/123...positional 1/1.5 month