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Quick Heal raises Rs 134 cr from anchor investors

Anti-virus company Quick Heal has fixed the price band for the issue at Rs 311 to Rs 321 per share

Quick Heal
Kailash Katkar, MD & CEO, Quick Heal (right) and Sanjay Katkar, CTO. Class 10 educated Kailash founded the company with his younger brother Sanjay from the former’s hardware repair shop in Pune. Photo: Suryakant Niwate
BS Reporter Mumbai
Last Updated : Feb 06 2016 | 10:54 PM IST
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Quick Technologies has raised Rs 134 crore from anchor investors, ahead of its IPO, which opens on Monday. It allotted 4.17 million shares at Rs 321 apiece to 10 anchor investors, which included Driehaus Emerging Markets Smallcap Growth Fund, Nomura India Stock Mother Fund, ICICI Prudential MF and Birla Sun Life Insurance among others.


Anti-virus company Quick Heal has fixed the price band for the issue at Rs 311 to Rs 321 per share.

The total issue size is nearly Rs 450 crore, out of which nearly Rs 200 crore is offer for sale by promoters.

The issue will open on Monday and close on Wednesday
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First Published: Feb 06 2016 | 9:13 PM IST

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