Quest Softech (India) Limited Right Issue

₹48.00 Cr BSE 2 Feb 2024 – 15 Feb 2024

Closed Ratio: 8 : 5 BSE
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Issue Price
₹30.00
Face Value
₹10.00
Issue Size (Shares)
16,000,000
Issue Size (₹ Cr.)
₹48.00
📅 Right Issue Timetable
Last Date to Buy SharesFri, Jan 5, 2024
Record DateMon, Jan 8, 2024
Credit of Rights EntitlementsThu, Feb 1, 2024
Bid/Offer Opens OnFri, Feb 2, 2024
Issue Open DateFri, Feb 2, 2024
Renunciation Last DateThu, Feb 8, 2024
Bid/Offer Closes OnThu, Feb 15, 2024
Issue Close DateThu, Feb 15, 2024
Deemed Date of AllotmentSat, Feb 24, 2024
Credit DateWed, Feb 28, 2024
Listing DateFri, Mar 1, 2024
📋 Right Issue Details
Issue Size (Shares)16,000,000
Issue Size (Amount)₹48.00 Cr.
Issue Price₹30.00 per share
Face Value₹10.00 per share
Entitlement Ratio8 : 5
Listing AtBSE
Terms of PaymentAn amount of Rs. 10/- per Rights Equity Share (including a premium of Rs. 6.67 per Rights Equity Share) to be paid on Application and balance to be paid in 2 calls as determined by the Board at its sole discretion from time to time.
📊 Company Financials (Restated)
Period Ended2023-09-302023-03-312022-03-31
Income0.030.060.09
EBITDA
Net Worth2.013.333.69
Reserves & Surplus-7.99-6.67-6.31

Amount in ₹ Crore

🏢 About the Company
Incorporated in 2000, Quest Softech (India) Limited provides home charging solutions, public charging stations and fleet management solutions.

The company also operates its own charging stations and provides various services for the EV charging stations such as installation of charging stations, feasibility check and provision of annual maintenance services (AMC Services) for the installed charging stations.

The company has two business models: the COCO model and the trading model. COCO (company-owned and company-operated) refers to the costs that QSIL incurs for the procurement, installation and maintenance of the charging stations at its own expense.

The company's charging station is operated under the brand name "AMPVOLTS". Under AMPVOLTS, the company offers the testing of charging stations for suitability and cost-effectiveness, the trading of charging stations, the installation and commissioning of charging stations, the servicing and maintenance of charging stations and a network of COCO charging stations (company-owned and company-operated charging stations).

In addition to charging solutions, the company also offers consulting services to help companies and organizations develop and implement their own charging strategies for electric vehicles.
📞 Company Contact
CompanyQuest Softech (India) Limited
AddressCabin No. 11, 7th Floor,
Times Square, Andheri Workflo, next to Sai Service
Andheri East, Mumbai - 400069
Andheri, Maharashtra, 400069
Phone+91 22 414 95895
Emailcompliance@ampvolts.com
WebsiteVisit ↗
📝 Registrar
NamePurva Sharegistry (India) Pvt.Ltd
Phone022-41343255
Emailsupport@purvashare.com
WebsiteVisit ↗