Omnitech Infosolutions Ltd - IPO

Omnitech Infosolutions Ltd IPO Details

Public issue of 33,33,333 equity shares of Rs.10 each at a price of Rs.105/- per equity share for cash aggregating Rs.35.00 Crores (hereinafter referred to as the issue), including Employee reservation of 1,66,667 equity shares aggregating to Rs.1.75 Crores (hereinafter referred to as the Employee reservation portion). The issue less the employee reservation portion i.e. 31,66,666 equity shares aggregating to Rs.33.25 Crores shall be hereinafter referred to as the net issue. The issue would constitute 25.37 % of the post issue paid-up capital of the company.Issue Price is Rs.105 per equity share of Face Value Rs.10/-The issue price is 10.5 times of the face value

Objective of issue

To Fund acquisition(s) / Strategic Investments. To Set up overseas Offices for business Expansion. To enhance our existing facilities. To set up new technology Center(s).

Omnitech Infosolutions Ltd Contact Details

Omnitech Infosolutions Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - investor@omnitechindia.com