Quess Corp Limited IPO – Snapshot, Prospectus, Allotment, Listing, Reviews

QuessThe company has filed its Red Herring Prospectus (RHP) draft for initial public offering (IPO) with markets regulator Securities and Exchange Board of India (SEBI) to hit the capital market.

The company aims to raise Rs. 400 crore at upper price band through its Initial public offering.

Company Profile:  The company was set up in 2007 and engaged to provide in comprehensive solutions, including recruitment, temporary staffing, technology staffing and IT products and solutions, skill development, payroll, compliance management, integrated facility management and industrial asset management services  The Headquarter of the firm is based in Bengaluru, India.

The company is providing its servicing over 1,500 customers across nine countries at more than 8,000 locations.

Outlook of the company

  • Leading integrated business services provider in diversified business segments, industries and geographies
  • Track record of successful inorganic growth with improved financial performance
  • Track record of growth and improved operating efficiencies and margins through business cycles
  • Robust recruitment capability, deep domain knowledge and knowledge of labour regulationsQuess Corp Limited ipo
  • Robust recruitment capability, deep domain knowledge and knowledge of labour regulations
  • Experienced management team and strong equity sponsorship
  • Established relationship with clients leading to recurring business
  • Continue to improve operating margins
  • Capitalize on the rapid growth of e-commerce in India and pursue other B2C opportunities
  • Focus on domain depth and operational excellence

Purpose of the issue

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

Summary of Issue

Issue Open  Jun 29, 2016 to Jul 01, 2016
Issue Type 100% Book Built Issue IPO
Issue Size (Shares) Equity Shares of
Issue Size in (Value) Rs. ~400 Crore
Face Value Rs. 10 Per Equity Share
Issue Price Rs. 310 – Rs.317 Per Equity Share
Market lots 45 Shares
Minimum Order Quantity 45 Shares
Listing At BSE, NSE

Subscription Details

Pls. keep looking for this space for Subscription details

Quess Corp IPO Allotment Status

Quess Corp IPO allotment status would be available soon after the IPO closure date. Usually the allotment comes within a week from the closing date which in this IPO yet to be announced.

One can check the allotment on the below given link with PAN number or Application number or DP Client Id. All you need to do is to follow these steps

  1. Click on the given link See Quess Corp Allotment Status here
  2. Go to Application status
  3. Select IPO as Quess Corp
  4. Enter you PAN Number or Application Id or DP Client Id

It takes little time to fetch information so you need to be little patient.

Quess Corp Listing Date

Pls. keep looking for this space for Listing Date.

Promoters Of the Company

1) Ajit Issac:-  He is the Chairman and  Managing Director of the Company. He is 48 years old.

2) Thomson Cook India Limited :- Incorporated October 21, 1978 as a private limited  at Mumbai, Maharashtra. It was changed into a public limited company with the name Thomson Cook India Limited. TCIL’s equity shares have been listed on the BSE and the NSE since February 1983 and June 2000, respectively.


Particulars For the year/Period ended (Rs. in Million)
Financial Year 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12 31-Mar-11
Total Equity & Liabilities 7196.62 3982.73 3309.11 2541.99 1878.13
Total Assets 7196.62 3982.73 3309.11 2541.99 1878.13
Total Revenue 25727.58 10081.49 10043.52 6394.35 2762.93
Total Expenses 24678.09 9793.22 9809.06 6265.68 2733.11
Profit After Tax (PAT) 677.05 177.43 112.36 60.05 17.36

Lead Manager Details:-

1) Axis Capital Limited

1st Floor, Axis House, C-2, Wadia International Centre

Pandurang Budhkar Marg, Worli, Mumbai 400 025 Maharashtra, India

Tel: + 91 22 4325 2183, Fax : +91 22 4325 3000

E-mail: quess.ipo@axiscap.in

Website: www.axiscapital.co.in

Investor Grievance E-mail: complaints@axiscap.in

Contact Person: Lohit Sharma

SEBI Registration Number: INM000012029

2) ICICI Securities Limited

ICICI Centre H.T. Parekh Marg Churchgate,

Mumbai 400 020, Maharashtra, India

Tel: +91 22 2288 2460, Fax: +91 22 2282 6580

E-mail: quesscorp.ipo@icicisecurities.com

Website: www.icicisecurities.com

Investor Grievance E-mail: customercare@icicisecurities.com

Contact Person: Anurag Byas/ Amit Joshi

SEBI Registration Number: INM000011179

3) IIFL Holdings Limited 

10th Floor, IIFL Centre Kamala City,

Senapati Bapat Marg Lower Parel (West), Mumbai 400 013 Maharashtra, India

Tel: +91 22 4646 4600, Fax: +91 22 2493 1073

E-mail: quess.ipo@iiflcap.com

Investor Grievance E-mail: ig.ib@iiflcap.com

Website: www.iiflcap.com

Contact Person: Vishal Bangard/Kunur Bavishi

SEBI Registration Number: INM000010940

4) YES Securities (India) Limited

YES Bank Tower, IFC 2, 19th Floor, Senapati Bapat Marg

Elphinstone (W), Mumbai 400 013 Maharashtra, India

Telephone: +91 22 3347 9688, Fax: +91 22 2421 4511

E-mail: quess.ipo@yessecuritiesltd.in

Investor Grievance E-mail: igc@yessecuritiesltd.in

Website: www.yesinvest.in

Contact Person: Aditya Vora

SEBI Registration Number.:MB/INM000012227

Registrar Of The Company

Link Intime India Private Limited

C-13, Pannalal Silk Mills, Compound, L.B.S. Marg

Bhandup (West), Mumbai 400 078. Maharashtra, India

Tel: +91 22 6171 5400, Fax: +91 22 2596 0329

E-mail: qcl.ipo@linkintime.co.in

Investor Grievance E-mail: qcl.ipo@linkintime.co.in

Website: www.linkintime.co.in

Contact Person: Shanti Gopalkrishnan

SEBI Registration Number: INR000004058

Registered Office:

3/3/2, Bellandur Gate, Sarjapur Main Road,

Bengaluru 560 103, Karnataka, India

Tel: +91 80 6105 6000; Fax: +91 80 6105 6406

Contact Person: NVS Pavan Kumar, Company Secretary and Compliance Officer

Email: investor@quesscorp.com;

 Website: www.quesscorp.com

Corporate Identity Number: U74140KA2007PLC043909

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