Quick Heal Technologies Buyback

Quick Heal Technologies Buyback Details

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Quick Heal Technologies Buyback will open for subscription from 31 may 2021. the company aims for an issue size of ₹154.98 Crores through this buyback issue.

Quick Heal Technologies Limited

QHT Limited is one of the leading providers of IT security solutions in India. Quick Heal Technologies offer reliable software products for multiple platforms like Windows PC, laptop, Mac, Windows Server, Android mobile, and Multi-device. It also provides the solution to speed up your PC, data protection security, and network security. The products of Quick Heal are customized to suit a wide range of customers from home users, small offices and home offices (SOHO), small and midsize businesses (SMB), enterprises, educational institutions, government agencies, and departments.

Objects of the Issue

  • Return surplus cash to the shareholders and enhance overall return to the shareholders.
  • Improve Return on Equity and Earnings per share and thereby enhance shareholder value in the long term.

Buyback Date (Timetable)

Offer Opens OnMay 31, 2021
Offer Closes OnJun 11, 2021
Record DateMay 3, 2021
Last Date for receipt of Tender FormsJun 15, 2021
Finalization of Buyback AcceptanceJun 21, 2021
Last Date for settlement of bidsJun 22, 2021
Last Date for Extinguishment of SharesJun 29, 2021

Quick Heal Technologies Buyback Details

Security NameQuick Heal Technologies Limited
Issue TypeTender Offer
Issue Size (Shares)0.63 Crores
Issue Size (Amount)₹154.98 Crores
Buyback Price₹245 per share
Face Value₹10 per share
Listing AtBSE, NSE

Buyback Ratio

CategoryEntitlement Ratio of Buyback
Reserved Category for Small Shareholders37 Equity Shares out of every 303 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders2 Equity Shares out of every 21 fully paid-up Equity Shares held on the Record Date.

Company Financials

ParticularsFor the year/period ended (Rs. in Millions)
Total Income3,147.453,454.033,460.97
Profit After Tax736.39839.64788.78
Net Worth6,482.137,948.927,371.32
Reserves and Surplus5,840.107,243.126,667.44

Stock Market Data (for preceding 3 months)


MonthHigh PriceLow PriceAverage Price


MonthHigh PriceLow PriceAverage Price
MonthHigh PriceLow PriceAverage Price

Buyback Registrar

Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083

Phone: +91-22-4918 6270
Email: quickheal.buyback@linkintime.co.in

Company Contact Information

Quick Heal Technologies Limited
Marvel Edge, Office No. 7010 C & D,
7th Floor, Viman Nagar,
Pune – 411 014, India

Phone: +91 (20) 6681 3232
Email: cs@quickheal.co.in

Final Thoughts

A buyback occurs when the issuing company pays shareholders the market value per share and re-absorbs that portion of its ownership that was previously distributed among public and private investors. subscribing for a buyback issue is purely a personal choice. make a detailed study before you make a decision on buyback issue subscription.

Happy Investing

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