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Open
5 Feb 2009
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Close
9 Feb 2009
3
Allotment
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Listing
Mon, Mar 2, 2009
Price Band
₹55 to ₹60
Issue Size
39,73,911 shares (agg. up to ₹24 Cr)
Lot Size
100 Shares
Listing Date
Mon, Mar 2, 2009
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.21x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| GSS America Infotech Ltd. | Mainboard | ₹139.90 Cr | ₹400 | null | ₹500.80 | +25.20% | ₹12.32 (+1.07%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Content Development | 11.20 |
| 2 | Establishment of HEAL Laboratories | 10.38 |
| 3 | Establishing HEADS Offices | 2.75 |
| 4 | Development and Implementation of centralized Lamps Portal Engine | 1.10 |
| 5 | Promotion Expenses | 2.05 |
| 6 | Issue Expenses | 2.02 |
| 7 | Contingencies | 0.26 |
| Total | 29.76 |
About Edserv Softsystems IPO
Incorporated in 2001, Edserv Softsystems Limited is in the business of web-learning, software development staffing solutions.Edserv came with an objective of providing niche training solutions, customised software solutions, and placement consulting on contract as well as permanent basis to both Corporate and Institutional clients. The company successfully provided staffing solutions to premier clients during 2002 to 2004 viz., TI Group, TVS Group, Office Tiger, KSB Pumps, Infosys Technologies, HCL Technologies, Shasun Chemicals, Hexaware Technologies, Ashok Leyland, Seshasayee Paper & Boards among others.+ Read More
Contact Details
Edserv Softsystems Ltd. AddressIst Floor, Panna Plaza New No.139Arcot RoadKodambakkamChennai, Tamil Nadu, 600024+ 91 44 64537216info@edserv.inVisit Website