ACE Software Exports531525Deal closure update
Ace Software Exports completes 100% acquisition of QeApps for ₹12 crore cash
By ScoutQuest · · 1 min read
100%Shareholding acquired in QeApps
- Acquisition extent
- 100% of the fully diluted equity share capital, comprising 10,000 equity shares
- Cash consideration
- ₹12 crore (Rupees Twelve Crore Only)
- Subsidiary investments
- ₹1 crore in QeLearn and ₹7 crore in QeMFG
- Target
- QeApps Private Limited (formerly QeApps LLP)
- Transaction
- Acquisition (100% stake, making target a wholly owned subsidiary)
Ace Software Exports completes 100% acquisition of QeApps for ₹12 crore cash.
Board meeting
Completion - QeLearn investment indicative time period
Completion - QeMFG investment indicative time period
Completion - QeApps acquisition indicative time period
More numbers
- Consideration for 100% of QeApps₹12,00,00,000/-
- Equity shares of QeApps acquired10,000
- Shareholding acquired in QeApps100%
- Investment in QeLearn Private Limited₹1,00,00,000/-
- Investment in QeMFG Private Limited₹7,00,00,000/-
- QeApps turnover FY2025-2695 Lakhs
Source: BSE · 21 Oct 2026
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