What is the price band of the Quess Corp IPO?

The price band is ₹310–317 per share, and the final issue price is ₹317.

What is the lot size of the Quess Corp IPO?

The lot size has not been published yet.

When is the Quess Corp IPO listing date?

The shares listed on 12 July 2016.

How many times was the Quess Corp IPO subscribed?

It was subscribed 144x overall: QIB 59.0x, NII 392x and retail 34.1x (NSE and BSE together).

Quess Corp IPO

Quess Corp Limited (QUESS) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 12 July 2016.

Listed 12 Jul Subscribed 144x Listing gain +57.7%

Issue details

Price band

₹310–317

Issue price

₹317

Lot size

—

Min. retail bid

—

Issue size

₹411 Cr

Face value

₹10

Bidding

29 Jun – 01 Jul 2016

Listing

12 Jul 2016

Retail quota

10% (75% QIB issue)

Registrar

Link Intime India Private Limited

Listing day

Listed at

₹500

+57.7% vs issue price ₹317

Day's high

₹509

+60.7% · low ₹480 (+51.4%)

Day's close

₹503

+58.7% · traded ₹813 Cr

Subscription status

Category	Shares offered	Shares bid for	Subscribed
QIB (institutions)	39,03,023	23,03,81,235	59.0x
NII (HNI) total	19,16,251	75,15,63,945	392x
Retail	12,77,500	4,35,40,830	34.1x
Total	70,96,774	1,02,54,86,010	144x

Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 4% of all shares bid for were at the cut-off price.

Past IPOs with similar demand

Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Quess Corp's, and how they listed.

IPO	QIB	NII	Retail	Total	Size	Listing gain	Day high
Thyrocare TechnologiesApr 2016	73.2x	225x	8.73x	73.5x	₹479 Cr	+49.1%	+49.1%
TeamLease ServicesFeb 2016	27.0x	185x	10.6x	66.0x	₹450 Cr	+1.2%	+21.4%
Ujjivan Financial ServicesMay 2016	33.8x	135x	4.02x	40.7x	₹892 Cr	+10.4%	+16.5%
Precision CamshaftsJan 2016	2.62x	0.73x	2.01x	1.91x	₹424 Cr	-11.3%	-0.5%
Infibeam IncorporationMar 2016	0.86x	2.23x	1.31x	1.11x	₹1,148 Cr	+4.9%	+8.1%
HealthCare Global EnterprisesMar 2016	2.36x	0.43x	0.83x	1.56x	₹650 Cr	-3.6%	-2.8%

Offer documents (NSE)

Red Herring Prospectus (zip) Basis of issue price (zip) Anchor allocation (zip)

Frequently asked

What is the Quess Corp IPO price band and lot size? ₹310–317 per share.

How many times has it been subscribed? 144x overall: QIB 59.0x, NII 392x, retail 34.1x.

How did it list? It opened at ₹500, +57.7% against the issue price of ₹317, and closed its first day +58.7%.

Other IPOs of 2016

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Important: The AI listing estimates on Flash Finance are statistical estimates drawn from how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell, and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring Prospectus and consult a SEBI-registered adviser before you invest.