Quess Corp Ltd IPO (Quess Corp IPO) Detail

Incorporated in 2007, Quess Corp Limited (formerly known as IKYA HUMAN CAPITAL SOLUTIONS LIMITED), is integrated business services provider in India mainly focused on emerging as the preferred partner for handling end-to-end business functions of their clients. Quess offers services across many sectors like IT and ITES staffing, managing facilities, F&B sector, skill development training, general staffing, HR solutions, engineering services, etc.

Headquartered in Bengaluru, the Company has pan-India presence with 47 offices across 26 cities, as well as operations in North America, the Middle East and South East Asia.It serves over 1300+ customers across 4 segments namely, Global Technology Solutions, People & Services, Integrated Facility Management and Industrial Asset Management.

Company Promoters:

The promoters of the company are:

1.  Ajit Isaac

2.  Thomas Cook (India) Ltd ('TCIL')

Objects of the Issue:

The objects of the issue are:

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

Issue Detail:

  »»  Issue Open: Jun 29, 2016 - Jul 1, 2016 
  »»  Issue Type: Book Built Issue IPO 
  »»  Issue Size: [.] Equity Shares of Rs 10 aggregating up to Rs 400.00 Cr 
  »»  Face Value: Rs 10 Per Equity Share 
  »»  Issue Price: Rs. 310 - Rs. 317 Per Equity Share 
  »»  Market Lot: 45 Shares 
  »»  Minimum Order Quantity: 45 Shares

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