IPO Synopsis

Powersoft Global Solutions Ltd
Registered Office: No 58 1st Floor H M T Layout,R T Nagar,Bangalore-560032, Karnataka
Tel. No: 91-080-40139900
Fax No: 91-080-41697239
Email:
Website: www.powersoftglobal.net
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.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
23-Mar-2006	29-Mar-2006	₹22.00 - 0.00	₹0.00 - 0.00

Minimum Application for shares in Nos : 250	Further Multiples of :250

	(₹ Cr)	Lead Managers to the Issue
Project Cost	11.88	Centrum Capital Ltd
Project Financed through Current Offer	11.88	Keynote Corporate Services Ltd
Post Issue Equity Share Capital	11.90
Issue Price	22.00

Projects
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

Promoted By
P Rajkumar
Manish Poddar

Listing At
BSE
Chennai
Bangalore
Ahmedabad

Registrar To The Issue