IQ Infotech Ltd - IPO

Issue Type

Public Issue

Issue Size (₹ Cr.)

₹ 4.32

Price Range (₹)

₹ 16

Lot Size

100

Min Investment (₹)

₹ 1,600.00

Listing Exchange

BombayBangalore

Open Date

05-Feb-2001

Close Date

12-Feb-2001

Listing Date

23-Apr-2001

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IQ Infotech Ltd IPO Details

Public issue of 55,00,000 equity shares of Rs 10 each for cash at a premium of Rs 6/- per share(Price of Rs 16 per share) aggregating Rs 8.80 cr. (Out of which 28,00,000 equity shares of Rs 10/- each for cash at a premium of Rs 6/- each reserved for FII/Banks/Mutual Funds on competitive allotment basis and NRIs/OCBs on competitive and repatriable basis).

Objective of issue

Expansion of software/hardware&IT enabled services. Expansion of software/hardware&IT enabled services. Development of e-commerce/web based project facli.. Exp. of software&IT enabled srvc. training center. Setting up a office.

IQ Infotech Ltd Contact Details

IQ Infotech Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129