Quick Heal Technologies Limited – Issue Subscribed 10.80 times

Quick Heal Technologies Limited (Quick heal) which had tapped the capital markets with its fresh offer of Rs 250crs and an offer for sale of 62.69 lac shares in a price band of Rs 311-321 was subscribed an overall 10.80 times. The company had received good response from Anchor Investors and 10 of them comprising of 13 entities were allotted 41.70 lac shares. The current issue received excellent response from all buckets and HNI or non-retail was subscribed 36.69 times.

The issue had opened on Monday the 8th of February and closed on Wednesday the 10th of February with the allocation on the previous Friday.

Detailed subscription in each bucket is given below: –

Bucket Size Shares Applied for Times oversubscribed
QIB 2903099 12605805 4.34
HNI 2122106 77869485 36.69
Retail 4951581 18937080 3.82
Employees 160771 36720 0.23
Total 10137557 109449090 10.80
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