Initial public offering consisting of a fresh issue of 12,618,297 equity shares of face value of Rs. 10 each ("equity shares") of Quess Corp Ltd ("company or issuer") for cash at price of Rs. 317 per equity share (Including a share premium of Rs. 307 per equity share) ("Issue price") aggregating to Rs. 400.00 crores ("issue"). The issue constitute 10.02% of the post-issue paid-up equity capital of the company.
The Issue Price : Rs. 317 per Equity share of face value of Rs. 10 each. The issue price is 31.70 times of the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
29-Jun-2016
01-Jul-2016
₹ 317.00
₹ 0.00
Minimum Application for shares in Nos : 45.0
Further Multiples of : 45.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
0.00
Axis Capital Ltd
Project Financed through Current Offer
400.00
Post Issue Equity Share Capital
0.00
Issue Price
₹317.00
Projects
Repayment of debt availed by the company
Funding capital expenditure requirement of the company & subsidiary MFX US
Funding incremental working capital requirement of the company