Quick Heal IPO
Quick Heal IPO issues today with price band at Rs 311-321
Quick Heal Technologies Limited will hit capital markets with its IPO today at a price band of Rs 311-321 per equity share of face value of Rs 10 each. The IPO consists of a fresh issue of Rs 250 crore by the company and an offer for sale of up to 6,269,558 equity-shares by promoter
The money would be utilized for promoting brand and marketing of products. Another Rs 40 crore will be spent on lab capacity building and Rs 27 crore for office facilities which are located in Pune and some other cities. Rest of the money will be spent for general purposes
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