Trackpoint GPS Ltd - IPO

Trackpoint GPS Ltd IPO Details

Public issue of upto 18,35,000* equity shares of face value of Rs. 10.00 each (Equity Shares) of Trackpoint GPS Limited (the Company or the Issuer) for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share (the Issue Price) aggregating upto Rs. [*] crores (The Issue) of which [*] equity shares of face value of Rs. 10.00 each for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share aggregating to Rs. [*] crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of [*] equity shares of face value of Rs. 10.00 each at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share aggregating to Rs. [*] crores (the Net Issue). The issue and the net issue will constitute [*]% and [*]% respectively of the post issue paid up equity share capital of the company. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Investment in R&D expenditure towards designing and development of mobile and web application. Working capital requirements. General corporate purposes.

Trackpoint GPS Ltd Contact Details

Trackpoint GPS Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@matchpointgps.com

Website - www.matchpointgps.com