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Open
21 Jul 2008
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Close
24 Jul 2008
3
Allotment
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Listing
Mon, Aug 11, 2008
Price Band
₹140 to ₹150
Issue Size
27,90,829 shares (agg. up to ₹42 Cr)
Lot Size
40 Shares
Listing Date
Mon, Aug 11, 2008
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.15x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| eClerx Services Ltd. | Mainboard | ₹101.00 Cr | ₹315 | null | ₹449.65 | +42.75% | ₹1,979.80 (+12.57%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Facilities expansion at Chennai | 16.05 |
| 2 | Setting up of Quality Assurance Center and Marketing office in Mumbai | 5.44 |
| 3 | Setting up a subsidiaries in United Kingdom and United States of America | 6.00 |
| 4 | General Corporate Purposes | 1.09 |
About Vishal Information Technologies IPO
Incorporated in 1994, Vishal Information Technologies Limited is one among the first few companies to venture in the field of ITES/BPO services. VITL is in the areas of data digitization, E-publishing and digital library. VITL is a subsidiary of Tutis Technologies who are into Biometric Products, Software Development and consulting. VITL has its branches in Mumbai and Chennai with a representative office in UK and UAE.VITL is one of the pioneers in the concept called “Digital Library for Visually Impaired and Blind” in respect of Classic series. This concept was presented to an UK based institution who promotes the causes and challenges of visually impaired and blind. This concept on e-publishing for visually impaired involves conversion of small print books to large print books and make available as ready to print PDF both in digital, talking book and print format.Presently VITL focuses on the following business verticals:1. Data digitization 2. E-Publishing 3. Digital Library 4. Print on Demand (POD)+ Read More
Contact Details
Vishal Information Technologies Ltd. AddressKingsley Chambers, Block No.26Ramasamy Street, T Nagar, MambalamGuindy TalukChennai, Tamil Nadu, 600017+ 91-44-24362751investors@vishalinfotech.comVisit Website