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Thomas Cook India to sell 5.42% stake in Quess Corp through OFS

22 Nov 2017 Evaluate

Thomas Cook (India) has received an approval for an Offer for Sale (OFS) of an aggregate of 7500000 equity shares of face value of Rs 10 each representing 5.42% of the total paid up equity share capital of Quess Corp. The OFS would open on November 23, 2017 for Non-Retail investors only and on November 24, 2017 for Retail investors and those Non-Retail investors who choose to carry forward their bids, through a separate window provided by the BSE & the NSE for this purpose. The Floor price approved in this respect is Rs 800 per equity share.

Thomas Cook (India) is the leading integrated travel and travel related financial services company in the country offering a broad spectrum of services that include Foreign Exchange, Corporate Travel, MICE, Leisure Travel, Insurance, Visa & Passport services and E-Business.

Peers
Company Name CMP
Thomas Cook (India) 104.05
IRCTC 461.25
TBO Tek 1688.20
Le Travenues Techno 159.30
Yatra Online 105.30
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