Edserv Softsystems Ltd | |
Period | 05-Feb to 09-Feb 2009 |
Size (Equity Shares) | 39,73,908 |
Type | 100% Book Built Issue (Initial Public Offer IPO) |
Face Value | Rs. 10- |
Price Range | Rs 55 to Rs 60 |
Market Lot | 100 |
Max shares Retails investor can apply at cut off | 1600 |
Registrar | Karvy Computershare Private Limited |
Registrar’s email | edserv.ipo@karvy.com |
Lead Manager | Keynote Corporate Services Limited |
Listing | BSE, NSE |
Grading | CARE has assigned an IPO Grade 1 to Edserv Softsystems IPO. This means as per CARE, company has Poor fundamentals. CARE assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. |
About the company | |
Chennai-based Edserv provides integrated learning and placement solutions, customised software solutions and placement consulting to clients in the field of IT and non-IT verticals. The company has three business units--ELMAQ (IT Training), Edserv (HEADS) and Lambent (Software Development). | |
Objects of the Issue | |
# Content Development; # Establishment of HEAL laboratories; # Establishment of Regional HEADS offices; # Development and Implementation of centralized LAMPS Portal Engine; # Issue Related Expenses; # Promotional, Trademark, copyright IP rights Expenses | |
February 6, 2009
Edserv Softsystems Ltd - IPO
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