 "Quick Heal IPO to open next week")
Quick Heal Technologies, known for its anti-virus products, will launch its initial public offering (IPO) worth Rs 450 crore next week. The Pune-based security solutions provider has fixed the price band of Rs 311 to Rs 321 per share for the IPO.
The issue will open on February 8 and close on February 10, the company said in an adverstiment on Monday. Quick Heal is the third company to launch an IPO this year.
Quick Heal is looking at raising Rs 250 crore by issuing fresh equity in the IPO. Another 6.3 million shares (worth Rs 200 crore at the top end of the price band) are being offloaded by promoters, including Kailash Katkar.
ICICI Securities, Jefferies and JP Morgan are the investment bankers managing the issue. Quick Heal will be the first of its kind company to list on Indian bourses.
The issue will open on February 8 and close on February 10, the company said in an adverstiment on Monday. Quick Heal is the third company to launch an IPO this year.
Quick Heal is looking at raising Rs 250 crore by issuing fresh equity in the IPO. Another 6.3 million shares (worth Rs 200 crore at the top end of the price band) are being offloaded by promoters, including Kailash Katkar.
ICICI Securities, Jefferies and JP Morgan are the investment bankers managing the issue. Quick Heal will be the first of its kind company to list on Indian bourses.