• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Wednesday, July 9, 2025
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

Quick Heal To Launch Its IPO On February 8; Fixes The Price Band At Rs 311-321

by Nitin Konde
February 3, 2016
in Business, News
Reading Time: 1 min read
0
Quick Heal To Launch Its IPO On February 8; Fixes The Price Band At Rs 311-321
TwitterWhatsappLinkedin

quickheal1

You might also like

Grok 4 Launching Today, Musk Confirms

New Academic Studies Allege Uber’s Opaque Algorithm Systematically Boosts Profits at Expense of Drivers and Passengers

CoreWeave’s Game-Changing $9 Billion Acquisition of Core Scientific

3 February, 2016, Mumbai: Quick Heal Technologies, best known for its ‘Anti-Virus’ softwares has decided to launch its 250 crore initial public offer (IPO). The company has put a price cap of Rs 311-321 per share. The launch is expected to hit the market on 8th February, 2016.

As per the plans of the company, it will be releasing fresh equity shares for the IPO which would end on February 10. Apart from that, the latest issue will include an offer for sale of about 62.70 lakh equity shares by promoters Kailash Sahebrao Katkar and Sanjay Sahebrao Katkar, as well as Sequoia Capital India Investment Holdings III.

Company has recently released a statement that states, “Quick Heal Technologies Ltd will hit the capital markets with its IPO on February 8, 2016 with a price band of Rs 311 to Rs 321 per equity share of face value of Rs 10 each.”

According to the officials, company will be utilising 250 crore funds raised from the IPO in its marketing and advertising campaign, sales promotion and capital expenditure for research and development. Apart from that, part of the funds will also be used to purchase, develop and renovate its office premises in Kolkata, Pune and New Delhi, as well as general corporate needs.

Tags: Anti VirusIPOKailash Sahebrao KatkarQuick HealQuick Heal TechnologiesSanjay Sahebrao KatkarSequoia Capital India Investment Holdings III
Tweet54SendShare15
Previous Post

RBI Removes Foreign Investment Barrier To Support Country’s Startup Industry

Next Post

Mohandas Pai and Aarin Capital Invest In Oust Labs

Nitin Konde

Recommended For You

Grok 4 Launching Today, Musk Confirms

by Sneha Singh
July 9, 2025
0
Grok 4 Launching Today, Musk Confirms

Elon Musk has officially revealed that xAI's much-awaited Grok 4 model will debut today, July 9, with a live-stream launch scheduled at 8 PM Pacific Time. The confirmation...

Read more

New Academic Studies Allege Uber’s Opaque Algorithm Systematically Boosts Profits at Expense of Drivers and Passengers

by Anochie Esther
July 9, 2025
0
Uber

Uber, the global ride-hailing giant, is once again facing intense scrutiny over its pricing practices. Two independent academic studies, one from the prestigious Columbia Business School in the...

Read more

CoreWeave’s Game-Changing $9 Billion Acquisition of Core Scientific

by Anochie Esther
July 9, 2025
0
CoreWeave

In a landmark deal signaling a significant shift in the competitive landscape of AI infrastructure, CoreWeave, a leading AI hyperscaler, has announced its intent to acquire Core Scientific,...

Read more
Next Post
Mohandas Pai and Aarin Capital Invest In Oust Labs

Mohandas Pai and Aarin Capital Invest In Oust Labs

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?