• Open an account Open an A/C
    • Open an A/C
    • CHOOSE YOUR OPTION(S)
    • Trading A/c
    • Mutual Fund A/c
    • NBFC A/c
    • NPS A/c

Home   >  Equity   >  Get Quotes

  • SENSEX Jul 17 2019 12:00
    39,215.64 +84.60 ( +0.22%)
  • NIFTY Jul 17 2019 12:00
    11,687.50 +24.90 ( +0.21%)
  • SENSEX Jul 17 2019 12:00
    39,215.64 +84.60 ( +0.22%)
  • NIFTY Jul 17 2019 12:00
    11,687.50 +24.90 ( +0.21%)
  • Nasdaq Jul 17 2019 04:30
    8,222.80 -35.39 (-0.43%)
  • DJIA Jul 17 2019 04:30
    27,335.63 -23.53 (-0.09%)
  • S&P 500 Jul 17 2019 04:30
    3,004.04 -10.26 (-0.34%)
  • Hang Seng Jul 17 2019 02:10
    28,593.17 -26.45 (-0.09%)
  • Crude Oil Jul 17 2019 11:29
    3,933.00 -14.00 (-0.35%)
  • Gold Jul 17 2019 11:29
    35,136.00 +324.00 ( +0.93%)
  • Silver Jul 17 2019 11:29
    40,183.00 +857.00 ( +2.18%)
  • Copper Jul 17 2019 11:29
    446.85 +3.10 ( +0.70%)
  • Pound / Rupee Dec 23 2016 22:30
    85.75 -0.14 (-0.17%)
  • Dollar / Rupee Dec 23 2016 22:30
    68.38 +0.04 ( +0.06%)
  • Euro / Rupee Dec 23 2016 22:30
    77.04 +0.03 ( +0.04%)
  • Yen / Rupee Dec 23 2016 22:30
    0.63 0.00 ( +0.06%)

Quess Corp Ltd

BSE Code : 539978 | NSE Symbol : QUESS | ISIN:INE615P01015| SECTOR: - |

NSE BSE
 

472.20

-9.35 (-1.94%) Volume 280564

17-Jul-2019 EOD

Prev. Close

481.55

Open Price

484.50

Bid Price (QTY)

0.00(0)

Offer Price (QTY)

472.20(1773)

 

Today’s High/Low 492.40 - 492.40

52 wk High/Low 1,138.50 - 415.00

Key Stats

MARKET CAP (RS CR) 6900.49
P/E 29.54
BOOK VALUE (RS) 177.6122219
DIV (%) 0
MARKET LOT 1
EPS (TTM) 15.99
PRICE/BOOK 2.65916385115612
DIV YIELD.(%) 0
FACE VALUE (RS) 10
DELIVERABLES (%) 20.4

News & Announcements

16-Jul-2019

Quess Corp. to table results

16-Jul-2019

Quess Corp Ltd - Quess Corp Limited - Shareholders meeting

15-Jul-2019

Quess Corp. EGM scheduled

12-Jul-2019

Quess Corp gets Board approval for preferential allotment of shares to Amazon.com NV Investment Holding LLC.

16-Jul-2019

Quess Corp. to table results

15-Jul-2019

Quess Corp. EGM scheduled

12-Jul-2019

Quess Corp gets Board approval for preferential allotment of shares to Amazon.com NV Investment Hold

10-Jul-2019

Quess Corp. to conduct board meeting

Corporate Actions

Bonus
Splits
Dividends
Rights
Capital Structure
Book Closure
Board Meeting
AGM
EGM
 

Financials

Income Statement

Standalone
Consolidated
 

Peers Comparsion

Select Company Name BSE Code NSE Symbol
3i Infotech Ltd 532628 3IINFOTECH
63 Moons Technologies Ltd 526881 63MOONS
7Seas Entertainment Ltd 540874
8K Miles Software Services Ltd 512161 8KMILES
Abacus Computers Ltd 508987
ABM Knowledgeware Ltd 531161
Accel Ltd 517494
Accelya Solutions India Ltd 532268 ACCELYA
Accentia Technologies Ltd 531897
Ace Software Exports Ltd 531525
Acewin Agriteck Ltd 539570
ACI Infocom Ltd 517356
AcroPetal Technologies Ltd 533330 ACROPETAL
Aditya Birla Minacs IT Services Ltd 532199 PSIDATASYS
Adroit Infotech Ltd 532172 ADROITINFO
Advent Computer Services Ltd 531429
Aftek Ltd 530707 AFTEK
Agnite Education Ltd 532358 TELEDATAGL
AGS Infotech Ltd 533314
Airan Ltd 538410 AIRAN
Alankit Ltd 531082 ALANKIT
Allied Digital Services Ltd 532875 ADSL
Allsec Technologies Ltd 532633 ALLSEC
Allsoft Corporation Ltd 532327
Alps Bpo Services Ltd 531924
Amber Fabrics Ltd 536820
Ami Computers (I) Ltd 526805
Apollo Micro Systems Ltd 540879 APOLLO
Aris International Ltd 531677
ASM Technologies Ltd 526433
Athena Global Technologies Ltd 517429
Atishay Ltd 538713
Aurionpro Solutions Ltd 532668 AURIONPRO
AXISCADES Engineering Technologies Ltd 532395 AXISCADES
Aztecsoft Ltd(merged) 532385 AZTECSOFT
B2B Software Technologies Ltd 531268
Bangalore Softsell Ltd 40662
Baron Infotech Ltd 532336
Bartronics India Ltd 532694 BARTRONICS
Bathina Technologies (India) Ltd 532377
Bharatiya Global Infomedia Ltd 533499 BGLOBAL
Birlasoft Ltd 532400 BSOFT
BLS International Services Ltd 540073 BLS
Blue Cloud Softech Solutions Ltd 539607
Blue Information Technology Ltd 532182
Blue Star Infotech Ltd 532346 BLUESTINFO
BNR Udyog Ltd 530809
Bodhtree Consulting Ltd 539122 BODHTREE
Brightcom Group Ltd 532368 BCG
Brothers Computers & Software (I) Ltd 532000
Cadsys (India) Ltd 535011 CADSYS
California Software Company Ltd 532386 CALSOFT
Cambridge Technology Enterprises Ltd 532801 CTE
Capgemini Technology Services India Ltd 532337 IGS
Capricorn Systems Global Solutions Ltd 512169
Cat Technologies Ltd 531682
Cauvery Software Engineering Systems Ltd 500080 CAUVERSOFT
Ceinsys Tech Ltd 538734
Centerac Technologies Ltd 531621
CES Ltd 512341
CESC Ventures Ltd 542333 CESCVENT
CG-VAK Software & Exports Ltd 531489
Cigniti Technologies Ltd 534758 CIGNITITEC
CLIO Infotech Ltd 530839
Commex Technology Ltd 532342
Compudyne Winfosystems Ltd 532306 COMPUDYNE
Compulink Systems Ltd(merged) 532688 COMSYS
Computech International Ltd 531224 COMPUTECH
Computer Power (India) Ltd 40658
Continental Chemicals Ltd 506935
Coral Hub Ltd 533011 CORAL-HUB
COSYN Ltd 538922
Covidh Technologies Ltd 534920
Cranes Software International Ltd 512093 CRANESSOFT
Cressanda Solutions Ltd 512379
Crystal Software Solutions Ltd 526033
Cura Technologies Ltd 532332 CURATECH
Cybermate Infotek Ltd 532271
Cyberscape Multimedia Ltd 532364
Cybertech Systems & Software Ltd 532173 CYBERTECH
Cyient Ltd 532175 CYIENT
Datamatics Global Services Ltd 532528 DATAMATICS
Datasoft Applications Software (India) Ltd 526443
Datum Technologys (India) Ltd 40626
Dev Information Technology Ltd 538417 DEVIT
Dhanus Technologies Ltd 532903 DHANUS
Diamond Infosystems Ltd 530801
Dibba Infotech Ltd 538399 DIL
Dion Global Solutions Ltd 526927 FORTISFIN
Dot Com Global Ltd 530391 PERCIMDIAM
DSQ Software Ltd 523864 SQRDSFWARE
Ducon Infratechnologies Ltd 534674 DUCON
Dynacons Systems & Solutions Ltd 532365 DSSL
E.Com Infotech (India) Ltd 531533
e.star Infotech Ltd 532417
E2E Networks Ltd 535080 E2E
eClerx Services Ltd 532927 ECLERX
Ed & Tech International Ltd 590038 VISUINTL
Edserv Softsystems Ltd 533055 EDSERV
Eider Infotech Ltd 531958 EIDERTELE
Emed.com Technologies Ltd 524588
Eonour Technologies Ltd 532308
ERP Soft Systems Ltd 530909
Essemm Information Systems Ltd 40661
European Software Alliances Ltd 530387 EUROSOFTAL
Excel Realty N Infra Ltd 533090 EXCEL
Exel Software Ltd 531759
Expleo Solutions Ltd 533121 EXPLEOSOL
Exquisite Exports Ltd 40682
FCS Software Solutions Ltd 532666 FCSSOFT
FI Sofex Ltd 40644
Fintech Communication Ltd 531754
Firstobject Technologies Ltd 532379
Firstsource Solutions Ltd 532809 FSL
Flextronics Software Systems Ltd(merged) 532266 FSS
Fore C Software Ltd 40515
Fourth Dimension Solutions Ltd 532600 FOURTHDIM
Fourth Generation Information Systems Ltd 532403
Frontier Informatics Ltd 531225
Frontlinesoft Ltd 40646
Funny Software Ltd 539169
Genesys International Corporation Ltd 506109 GENESYS
Geodesic Ltd 503699 GEODESIC
Geometric Ltd (Merged) 532312 GEOMETRIC
GI Engineering Solutions Ltd 533048 GISOLUTION
Globalspace Technologies Ltd 540654
Glodyne Technoserve Ltd 532672 GLODYNE
Goldstone Technologies Ltd 531439 GOLDTECH
Gracious Software Ltd 780002
GSS Infotech Ltd 532951 GSS
G-Tech Info Training Ltd 532139
Healthfore Technologies Ltd 533525
Hexaware Technologies Ltd 532129 HEXAWARE
Hiliks Technologies Ltd 539697
Hinduja Global Solutions Ltd 532859 HGS
HOV Services Ltd 532761 HOVS
Hypersoft Technologies Ltd 539724
I Power Solutions India Ltd 512405
IDream Film Infrastructure Company Ltd 504375
IIS Infotech Ltd 40187
IKF Technologies Ltd 532414
Indus Networks Ltd 532381
Infibeam Avenues Ltd 539807 INFIBEAM
Infinite Computer Solutions India Ltd 533154 INFINITE
InfoBeans Technologies Ltd 532560 INFOBEAN
Info-Drive Software Ltd 530703 INFODRIVE
Informed Technologies India Ltd 504810
Infronics Systems Ltd 537985
Innovana Thinklabs Ltd 535036 INNOVANA
Innovation Software Exports Ltd 517433
Inspirisys Solutions Ltd 532774 INSPIRISYS
Integra Telecommunication & Software Ltd 536868
Integrated Data Systems Ltd 40277
Integrated Hitech Ltd 532303
Intelenet Business Services Ltd 532833
Intellect Design Arena Ltd 538835 INTELLECT
Intellvisions Software Ltd (Merged) 531777
Intense Technologies Ltd 532326 INTENTECH
Interactive Financial Services Ltd 539692
Intergrated Digital Info Services Ltd 523770
International Data Management Ltd 517044
Intertec Technologies Ltd 40620
Interworld Digital Ltd 532072
Intrasoft Technologies Ltd 533181 ISFT
IOL Netcom Ltd 512185 IOLN
IQ Infotech Ltd 532421
IRIS Business Services Ltd 540735
Irmac Services India Ltd 40648
IZMO Ltd 532341 IZMO
Jeevan Scientific Technology Ltd 538837
Jointeca Education Solutions Ltd 534659
Jonjua Overseas Ltd 542446
K2 Systems Ltd 40673
Kaashyap Technologies Ltd 532283
KALS Information Systems Ltd 40672
Kashyap Tele-Medicines Ltd 531960
KCC Software Ltd 40688
Kedia Infotech Ltd 531976
Kellton Tech Solutions Ltd 519602 KELLTONTEC
Kireeti Soft Technologies Ltd 40629
Kirloskar Multimedia Ltd 532352
KLG Systel Ltd 531269 KLGSYSTEL
KPIT Technologies Ltd 542651 KPITTECH
Krisn Information Technologies Ltd 40655
L&T Technology Services Ltd 540115 LTTS
Lan Eseda Industries Ltd 523407 LANESEDA
Larsen & Toubro Infotech Ltd 540005 LTI
Lee & Nee Software (Exports) Ltd 517415
Lex Nimble Solutions Ltd 541196
Maars Software International Ltd 531528 MAARSOFTW
Magnum Ltd 530347
Mahaveer Infoway Ltd 539383
Majesco Ltd 539289 MAJESCO
Mangalya Soft-Tech Ltd 530243
Mastek Ltd 523704 MASTEK
Master.com Software Ltd 40640
Megasoft Ltd 532408 MEGASOFT
Meglon Infra-Real (India) Ltd 511367
Megri Soft Ltd 539012
Melstar Information Technologies Ltd 532307 MELSTAR
Micro Technologies (India) Ltd 532494 MICROTECH
Millennium Cybertech Ltd 531942
Millennium Infocom Technologies Ltd 40637
Mindpool Technologies Ltd 535155 MINDPOOL
Mindteck (India) Ltd 517344 MINDTECK
Mindtree Ltd 532819 MINDTREE
Moschip Technologies Ltd 532407
MPS Infotecnics Ltd 532411 VISESHINFO
Mudunuru Ltd 538743
MYM Technologies Ltd 531843
N2N Technologies Ltd 512279
Net 4 India Ltd 532912 NET4
Netlink Solutions (India) Ltd 509040
Netripples Software Ltd 542117
Netvision Web Technologies Ltd 532010
New Markets Advisory Ltd 508867
Newgen Software Technologies Ltd 540900 NEWGEN
Nexus Software Ltd 517540
Nexxoft Infotel Limited 532045
Nihar Info Global Ltd 531083
NIIT Technologies Ltd 532541 NIITTECH
NINtec Systems Ltd 539843
Nucleus Software Exports Ltd 531209 NUCLEUS
Oasis Infotech Ltd 40627
Objectone Information Systems Ltd 535657
Octaware Technologies Ltd 540416
Odyssey Technologies Ltd 530175
Omni Axs Software Ltd 532340
Omnitech Infosolutions Ltd 532882 OMNITECH
One Point One Solutions Ltd 535039 ONEPOINT
Ontrack Systems Ltd 532607
Onward Technologies Ltd 517536 ONWARDTEC
Orient Information Technology Ltd(merged) 531167 ORIENTINFO
Orpine Systems Ltd 40694
OTCO International Ltd 523151
Pace Automation Ltd 517292
Pagaria Energy Ltd 531396
Palred Technologies Ltd 532521 PALREDTEC
Palsoft Infosystems Ltd 511597
Panoramic Universal Ltd 531816 PANORAMUNI
Paramone Concepts Ltd 531364
Pentagon Global Solutions Ltd 532314
Pentasoft Technologies Ltd(merged) 531492 PENTACOMMU
Persistent Systems Ltd 533179 PERSISTENT
PFL Infotech Ltd 531769
Pine Animation Ltd 511421
Powersoft Global Solutions Ltd 532736
Pragnya Software Systems Ltd 40652
Prism Informatics Ltd 505530
Prithvi Information Solutions Ltd 532675 PRITHVI
Proto Developers & Technologies Ltd 530069
Qpro Infotech Ltd 506102
Quest Softech India Ltd 535719
Quick Heal Technologies Ltd 539678 QUICKHEAL
Quintegra Solutions Ltd 532866 QUINTEGRA
R S Corporation Ltd 531700
R S Software (India) Ltd 517447 RSSOFTWARE
R Systems International Ltd 532735 RSYSTEMS
Rajesh Global Solutions Ltd 40645
Ram Info Ltd 530951
Ramco Systems Ltd 532370 RAMCOSYS
Ranklin Solutions Ltd 590077 RANKLIN
Ransi Softwares India Ltd 532165
Reliable Data Services Ltd 535020 RELIABLE
Religare Technova Global Solutions Ltd(merged) 530619
Relson India Ltd 502473
Rolta India Ltd 500366 ROLTA
S Kumars Online Ltd 532316
SagarSoft (India) Ltd 540143
Sai Info Ltd(merged) 532118
Saksoft Ltd 590051 SAKSOFT
Sankhya Infotech Ltd 532972
Sanraa Media Ltd 531312
Sasken Technologies Ltd 532663 SASKEN
Satellite Infoconcepts Ltd 508671
Saven Technologies Ltd 532404
Scanpoint Geomatics Ltd 526544
Scintilla Software Technology Ltd 530729 SCINTSOFT
Senthil Infotek Ltd 531980
Sequelsoft India Ltd 532422
Seshachal Technologies Ltd 531794
Shapre Global Info Services Ltd (Merged) 532361
Shell Infotech Ltd 503630
Shine Computech Ltd 40650
Shonkh Technologies International Ltd 512028
Shreejal Info Hubs Ltd 506874
Shyama Infosys Ltd 531219
Sibar Software Services (India) Ltd 532302
Sierra Optima Ltd 531121 SIERRAOPT
Silver Touch Technologies Ltd 535031 SILVERTUC
Silverline Technologies Ltd 500389 SILVERLINE
Sindu Valley Technologies Ltd 505504
SMS Techsoft (India) Ltd 531838
Sofcom Systems Ltd 538923
Softech Infinium Solutions Ltd 530651
Softrak Technology Exports Ltd 526457
Softsol India Ltd 532344
Softtech Engineers Ltd 535078 SOFTTECH
Sonata Software Ltd 532221 SONATSOFTW
Southern Infosys Ltd 540174
Spacenet Enterprises India Ltd 513249 SPCENET
Spanco Ltd 508976 SPANCO
Sparc Systems Ltd 531370
Spectacle Ventures Ltd 512413 SPECTACLE
Springform Technology Ltd 501479
Srico Software India Ltd 40624
Starcom Information Technology Ltd 531616
Sterling Webnet Ltd 531901
Stock Net International Ltd 512640
Subex Ltd 532348 SUBEX
Suchinfotech Ltd 40635
Surevin BPO Services Ltd 538447 SUREVIN
Svam Software Ltd 523722
Synfosys Business Solutions Ltd 40631
Take Solutions Ltd 532890 TAKE
Taksheel Solutions Ltd 533639 TAKSHEEL
Tanla Solutions Ltd 532790 TANLA
Tata Elxsi Ltd 500408 TATAELXSI
TCS e-Serve Ltd (Merged) 509028 E-SERVEINT
TechNest Solutions Ltd 40414
TechNVision Ventures Ltd 501421
Tej Infoways Ltd 538793
TeleCanor Global Ltd 530595
Teledata Marine Solutions Ltd 533462 TELEMARINE
Teledata Technology Solutions Ltd 533089 TELEDATAIT
Telesys Info-Infra (I) Ltd 532315
Tera Software Ltd 533982 TERASOFT
Top Media Entertainment Ltd 532036
Transcon Research & Infotech Ltd 531318
Transtream India.Com Ltd 532258
Trejhara Solutions Ltd 542233 TREJHARA
Tricom India Ltd 531675 TRICOM
Trigyn Technologies Ltd 517562 TRIGYN
Triton Corp. Ltd 523387
Turbotech Engineering Ltd 504358
Tutis Technologies Ltd 532311
Twinstar Industries Ltd 531917
Uniport Computers Ltd 523632
Unipro Technologies Ltd 540189
United Interactive Ltd 502893
USG Tech Solutions Ltd 532402
Valuemart Info Technologies Ltd 532338
Vantel Technologies Ltd 532396
Vedavaag Systems Ltd 533056
Vikram Software Ltd 40634
Virgo Global Ltd 532354
Virinchi Ltd 532372
Virtual Dynamics Software Ltd 40649
Virtual Global Education Ltd 534741
Virtualsoft Systems Ltd 531126
Visie Cyber Tech Ltd 40625
VisualSoft Technologies Ltd(merged) 532214 VISUALSOFT
Washington Softwares Ltd 531933
Watson Software Ltd 516090
Weal Infotech Ltd 40647
Web Element Solutions Ltd 780016
Wisec Global Ltd 511642
Xchanging Solutions Ltd 532616 XCHANGING
Xelpmoc Design and Tech Ltd 542367 XELPMOC
Zen Soft Solutions Ltd 40633
Zen Technologies Ltd 533339 ZENTEC
Zenith Global Consultants Ltd 40677
Zenith Infotech Ltd 532298 ZENITHINFO
Zensar Technologies Ltd 504067 ZENSARTECH
Zigma Software Ltd 532177
Zylog Systems Ltd 532883 ZYLOG

Share Holding

Category No. of shares Percentage
Total Foreign 19780905 13.54
Total Institutions 10322945 7.07
Total Govt Holding 0 0.00
Total Non Promoter Corporate Holding 3946174 2.70
Total Promoters 104343994 71.43
Total Public & others 7690815 5.27
Total 146084833 100
  • Total Foreign
  • Total Institutions
  • Total Govt Holding
  • Total Non Promoter Corporate Holding
  • Total Promoters
  • Total Public & others

About Quess Corp Ltd

Quess Corp Ltd, India's leading integrated business services provider was established in 2007. The company is engaged in the business of providing services in global technology solutions, people and services, integrated facility management, industrials and internet business. Headquartered in Bengaluru, the company has a pan-India presence with 65 offices, as well as operations in North America, South America, the Middle East and South East Asia. Quess serves over 1,700+ clients worldwide. Quess Corp is promoted by Fairfax Financial Holdings through its Indian subsidiary, Thomas Cook India Ltd (TCIL) and Mr. Ajit Isaac, Chairman & MD. In 2008, Quess Corp acquired Avon Facility Management Services Ltd, which helped it start a new line of business in the facility management space. In 2009, Quess Corp acquired Coachieve Solutions Private Limited, a Human Resource Solutions company which expand Quess Corp' offerings into the HR solutions space. In 2010, Quess Corp ventured into the high-margin business of professional IT Staffing with the acquisition of Magna Infotech. In 2013, Quess Corp secured a strategic investment from Fairfax Financial Holdings. Fairfax invested in Quess through their Indian subsidiary, Thomas Cook India Limited. In 2014, Quess Corp acquired Hofincons Infotech & Industrial Services ltd Bangalore to set up a new business segment in the Industrial Asset Management space. On 17 September 2014, Quess Corp signed a definitive agreement to acquire Brainhunter (Zylog Systems (Canada) Limited), subject to statutory and regulatory approvals. Brainhunter headquartered in Toronto (Canada), is a leading IT and Engineering professional firm, employing about 700 professionals and with revenues of about USD 80 million. On 13 February 2015, Quess Corp announced the signing of a definitive agreement to acquire Aramark India Pvt Ltd (Aramark India) from Aramark, subject to statutory and regulatory approvals. Based out of Mumbai, Aramark India is a facility management company with niche offerings in hospitality and healthcare facility management. The company has operations in more than 80 sites pan-India and with a workforce of over 2,500 employees spread across 9 states. Aramark India services several marquee clients, many of whom are among India's leading conglomerates. This acquisition will strengthen Quess' position as a leading Pan India Facilities Management player with an integrated service offering spanning soft and hard services, pest control and catering. On 1 January 2016, Quess Corp Ltd. announced the completion of the acquisition of MFXchange holdings Inc (MFX) from Fairfax Financial Holdings Limited (Fairfax) with the purchase of the remaining 51% stake in the company pursuant to the terms of a share purchase agreement that was entered into Fairfax on 3 November 2014. Quess had earlier acquired a 49% stake in MFX from Fairfax in November 2014 under the Purchase Agreement. Based out of Morristown, NJ (US), MFX is leading provider of hosted information technology applications and outsourcing solutions for the US commercial property and casualty insurance industry. The acquisition is expected to strengthen Quess' Global Technology Solutions business segment due to MFX's presence in the niche insurance focused IT Products and Solutions space in North America. Quess Corp Ltd undertook an initial public offer of equity shares and subsequently its equity shares were listed on the Bombay Stock Exchange (BSE) and National Stock Exchange on 12 July 2016. On 19 October 2016, Quess Corp announced that it has entered into a definitive agreement to acquire a 49% stake in Terrier Security Services (India) Private Limited (Terrier), marking its entry into the manned guarding and security solutions business. With a track record of over 27 years, Terrier is among the leading providers of manned guarding services in India. In addition, Terrier also provides training services for security personnel and electronic security solutions to clients. In 2017, Quess Corp expanded its geographical footprint by acquiring Comtel Solutions Pte. Ltd. - a market leader in IT Staffing in Singapore. Comtel is one of Singapore's largest independent staffing companies with services offered across staffing solutions, managed services solutions, and recruitment and search services with operations across Malaysia and Indonesia. During the financial year ended 31 March 2018, Quess Corp successfully closed its first Institutional Placement Programme (IPP) and raised about Rs 874 crore of stock and through this process added some marquee investors as its shareholders. The IPP was priced at Rs 800 per share. On 25 October 2017, Quess entered into an agreement to acquire 70% equity in Vedang Cellular Services Private Limited. Quess completed this acquisition for a consideration of Rs 40 crore on 10 November 2017. Vedang plans, designs and optimizes telecom cell sites and also installs active components on cellular towers and their O&M. It is one of the largest players in the telecom network operations and maintenance space with strong industry relations, superior service offerings and deep technical capabilities. On 20 November 2017, Quess entered into an agreement to acquire 51% stake in Conneqt Business Solutions Limited (formerly known as Tata Business Support Services). Quess paid Rs 153 crore cash consideration for this acquisition. The transaction was closed on 27 November 2017. Headquartered in Hyderabad, Conneqt is among India's premier Customer Experience (CX) management companies, with over ten years of sectoral expertise. On 30 November, 2017, National Company Law Tribunal (NCLT) approved the scheme of merger of the facilities management business of Manipal Integrated Services (MIS) into Quess Corp with effect from 1 December 2016. Pursuant to NCLT approval, Quess issued 71.49 lakh equity shares to equity shareholders of MIS as part of the remaining consideration. This strategic acquisition gave Quess a strong foothold in the rapidly growing healthcare and education Facility Management space and helped Quess become a leading integrated facility management provider in the country. On 24 January 2018, Quess announced to acquire 90% stake in Greenpiece Landscapes India Private Limited for a cash consideration upto Rs 26 crore. This consideration was subject to adjustments based on future performance of the company. The transaction was closed on 8 May 2018. Greenpiece is a leading end-to-end design and landscaping services firm catering to marquee corporate, industrial and real estate firms in India and abroad. On 31 January 2018, Quess announced to acquire 100% stake in Monster India and its business in South East Asia and the Middle East for a cash consideration of USD 14 million on a debt-free cash-free basis. The transaction was closed on 8 February 2018. Monster, a leading online career and recruitment resource with its cutting-edge technology, provides relevant profiles to employers and relevant jobs to jobseekers across industry verticals, experience levels and geographies. On 31 January 2018, Quess announced to acquire 100% stake in HCL Computing Products Limited which further acquired Care Business of HCL Services Limited, a subsidiary of HCL Infosystems Limited. The consideration was Rs 30 crore (on a debt-free cash-free basis) via a combination of primary and secondary pay-outs. The transaction was closed on 11 April 2018. Post-acquisition, the acquired business has been re-branded as DigiCare' to give it a distinct and unique corporate identity in the Consumer Services space. DigiCare is one of the leading after-sales service providers for product categories such as mobile phones, consumer electronics and consumer durables in the customer lifecycle management space. The Board of Directors of Quess Corp Limited (Quess) at its meeting held on 23 April 2018 approved the scheme of arrangement whereby the Human Resource business of Thomas Cook (India) Limited (TCIL) along with TCIL's investment in Quess will be demerged to Quess through an NCLT process. This is subject to regulatory approvals. Pursuant to the scheme, TCIL shareholders will receive 1,889 equity shares of Quess (of Rs 10 each) for every 10,000 equity shares (of Rs 1 each) held in TCIL. This arrangement will primarily lead to the overall public shareholding in Quess increasing from approximately 28% to 45%, resulting in a more diverse shareholder base with higher liquidity for Quess shares in the capital market. Existing promoter of TCIL, Fairbridge Capital Mauritius Limited, would be classified as the promoter of Quess and this would further add strategic value for Quess going forward.

Contact us