Powersoft Global Solutions Ltd - IPO

Issue Type

Public Issue

Issue Size (₹ Cr.)

₹ 11.88

Price Range (₹)

₹ 22

Lot Size

250

Min Investment (₹)

₹ 5,500.00

Listing Exchange

MumbaiChennaiBangaloreAhmedabad

Open Date

23-Mar-2006

Close Date

29-Mar-2006

Listing Date

28-Apr-2006

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Powersoft Global Solutions Ltd IPO Details

Public Issue of 54,00,000 Equity Shares of RS. 10.00/- (including 3,10,000 Equity Shares Reserved on Firm Allotment Basis) at a premium of Rs.12.00 per share (i.e. at a price of Rs. 22.00 per share) aggregating to Rs. 11.88 crores.The issue price of 22.00 per equity share is 2.20 times of the face value.

Objective of issue

Upgradation of existing Infrastructure Facilities. To set up an R & D Centre. To meet the expeses of Overseas Marketing. To meet the costs of strategic acquisitions.

Powersoft Global Solutions Ltd Contact Details

Powersoft Global Solutions Ltd, E-2/3 Saki Vihar Rd, Ansa Indl Estate, Saki Naka Andheri-E, Mumbai - 400 072

Phone - 91-22-40430200

Fax - 91-22-28475207

Website - www.powersoftglobal.net