Founded in 2005, Quikr is India’s one of the top players in the e-classifieds business. The Company owns ‘Quikr.com’ website and mobile application (together with the platform), which is a classified advertising platform.
The platform allows buyers and sellers to independently connect online. Quikr’s classified platform allows any person (buyers or sellers) to post free advertisements under different categories of services such as real estate, jobs, automobiles, electronics, education, etc.
Some amazing stats about Quikr
a) 3 Cr unique users per month
b) 9 Cr users per month
c) 50+ Category to choose from
d) Presence in 1000 cities
Acquisitions led growth by the Quikr
In the FY 2017-18, the Quikr had acquired two subsidiaries of HDFC Group i.e. HDFC Realty Limited and HDFC Red platform. HDFC Realty Ltd operates the brokerage business, while HDFC Developers Ltd owns the HDFC Red platform for online real estate classifieds.
“As per HDFC Group, the future of real estate is digital, and Quikr has built a robust technology platform for consumers with products for developers and brokers who stand to benefit in the post-RERA (Real Estate Regulation and Development Act) regime. The HDFC group is hoping to derive value from Quikr’s diversified customer base while offering their strength in the real estate sector”
The Quikr had acquired HDFC Developers Limited for Rs. 101 Cr and HDFC Realty Limited for Rs. 254 Cr. However, the deal did not involve any cash and the deal was done by issuing 3,87,013 Compulsory Convertible Debentures at Rs. 9224 per share to HDFC Group for this deal. After the acquisition, the name of both entities changed to Quikr Red Limited and Quikr Realty Limited.
Over the years, along with above acquisitions, the company has added verticals such as real estate, automobiles, and online recruitment, largely by acquiring smaller rivals such as Salosa, Stayglad and ZapLuk in the home services segment, Commonfloor and Grabhouse in the real estate segment, Hiree in the recruitment segment and Stepni in the automobile services segment. Through, At home Diva, it provides home and beauty products. It is a web-based platform, on which customers can book on-demand in-home beauty and styling services from trained and certified stylists.
The Latest acquisition is Zefo in 2019. It has acquired Zefo for Rs. 70 Cr.
Check this video out to know more about Quickr.
|Total Available Shares:||100|
|Face Value:||₹ 10 Per Equity Share|
|Revenue Contribution (Crores)|
|Sale of Advertisement||48||50|
|Lead referral fee||40||26|
|Marketing and management service fee from home rental solutions||7.52||85|
|B/L Sheet Analysis|
|Current Liability||154.96||Non-Current Assets||554.92|
|Total Debt||77 Cr|
|Debt-cash||Cash is more than debt|
|Year||Revenue||Employee Expense||Other Expense||PAT||FV||Share||EPS|
Please find below the procedure for buying Quikr India Unlisted Shares at UnlistedZone.
Please find below the procedure for selling Quikr India Unlisted Shares at UnlistedZone.
Lock-in period of Quikr India Unlisted Shares depends upon category of investors.
DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the Quikr India Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.
In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. So, via our UnlistedZone platform, if somebody wants to buy Quikr India Unlisted Shares then minimum investment would be 35-50k.
Yes, buying and selling of unlisted shares in India is 100% legal.
If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.
If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.
After listing of shares, the unlisted shares which you have bought through unlisted market, will be taxed at listed rates, if sold through exchange. So, taxes of listed market will be applicable. And, to calculate holding time, for determining LTCG or STCG, the purchase date of unlisted shares will be applicable.
If you buy Quikr India Unlisted Shares from UnlistedZone then these shares can checked in two ways. However, before we tell you the process of checking of shares, it is intimated that as per SEBI regulations, the shares can be transferred in demat account only.
Check credit of Quikr India Unlisted Shares Instantly?
The Quikr India Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.
The price of Quikr India Unlisted Shares can be checked in two ways. First, you can join our telegram channel where on daily basis we share the latest prices of all the unlisted shares in the morning and secondly, you can register on UnlistedZone.live platform to see the historical graphs and prices of all the shares at one place.
If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.
"UnlistedZone is India's fastest and leading marketplace to buy and sell unlisted shares. In the last 3 years, we have already served more than 1 million users on the platform. The total transactions value done from the platform is already more than 100 Crores. The name of our Co-founders Mr. Umesh Paliwal and Dinesh Gupta publish regularly in leading newspapers like MoneyControl, Business-Standard, ET etc for their views on IPO and Unlisted market. In the last 3 years, UnlistedZone has made a good name for itself in the industry and gained a trust of their users. So, the new investors should not be worried about any kind of fraud that is mostly happens with unkown brokers in the market while doing investment with UnlistedZone."
We at UnlistedZone do the valuation based on 2 methods.
As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.
We source shares either from the employees or initial investors looking to liquidate their Quikr India Unlisted Shares.
Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their Quikr India Unlisted Shares in the unlisted market itself.
Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.
For tracking news and other information about Quikr India Unlisted Shares, one can visit our website wherein we post news and other information on daily basis and one can also join our telegram channel.