Quick Heal to launch $80m float in February

India_flag_230px
By John Loh, Jonathan Breen
21 Jan 2016

India's Quick Heal Technologies wrapped up investor meetings for its $70m-$80m IPO last week and plans to open books in mid-February, according to sources.

The company, which makes anti-virus software, had lodged a draft prospectus with the Securities and Exchange Board of India in October via ICICI Securities, Jefferies and JP Morgan.

It is looking to sell primary shares worth Rp2.5bn ($37.8m), while existing shareholders Kailash Sahebrao Katkar, Sanjay Sahebrao Katkar ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial