Showing posts with label Fresh IPO. Show all posts
Quick Heal come up with IPO
Quick Heal, Software provider Company come up with IPO today on 8/2/2016.
Price Band: Rs. 311-321.
The issue consists of fresh issue of Rs 250 crore and an offer for sale of about 62.70 lakh equity shares.
Quick Heal already raised rs. 133.9 crore from 10 anchor investors.
About Quick Heal
Company has no loans. The company's leadership is strong. It has 64 offices in 36 different cities.
97% of the total income comes from India only.
They will use this amount in advertisement, expansion of business etc. Out of the amount came from IPO, it will spend 111 crore Rs. in advertisement and 42 crore will be spend on Research and Development, 27 crore will be spend on new offices, renovation.
IPO: Precision Camshafts Ltd
Precision Camshafts Ltd will come for subscription for IPO the next Wednesday i.e, 27 january. Thr price band decided by them is between the range Rs.180-186. The issue will close on 29th january.
Precision Camshaft Ltd. an automotive industry is looking to raise Rs. 410 crore by issuing fresh shares through IPO worth of Rs.240 crore.
The company sells its products to global car makers such as General Motors and Ford Motors.
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