| Inspirisys Solutions Ltd |
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| Registered Office: 1st Floor Dowlath Towers,57 to 63 Taylors Road Kilpauk,Chennai-600010, Tamil Nadu |
| Tel. No: |
| Fax No: |
| Email: sundaramurthy.s@inspirisys.com |
| Website: www.inspirisys.com |
| Public issue of 5,635,950 equity shares of Rs. 10 each for cash at a price of Rs. 75 per equity share aggregating Rs.42.27 crores, comprising a fresh issue of 5,175,667 equity shares by Accel Frontline Limited ("Company" or "Issuer") and an offer for sale of 460,283 equity shares by Intel Pacific, Inc., ("Intel" or the "Selling Shareholder"). The fresh issue and the offer for sale are jointly referred to herein as the "Issue". 563,595 equity shares will be reserved in the issue for subscription by eligible employees (the "employee reservation portion"). The issue less the employee reservation portion shall be hereinafter referred to as the "net offer to the public". The issue would constitute 25.04% of the fully diluted post issue paid-up capital of the company. Issue Price : Rs.75 per equity share of face value Rs.10 Issue price is 7.5 times the face value |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 28-Sep-2006 | 05-Oct-2006 | ₹75.00 - 0.00 | ₹0.00 - 0.00 |
| Minimum Application for shares in Nos : 70 | Further Multiples of :70 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 0.00 | Bajaj Capital Ltd |
| Project Financed through Current Offer | 42.27 | SBI Capital Markets Ltd |
| Post Issue Equity Share Capital | 22.51 | |
| Issue Price | 75.00 |
| Projects |
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| Fund regional/global expansion & acquire or invest |
| Expansion & impr. of our ESS & BPO infrastructure |
| For working capital and general corporate purposes |
| For partial repayment of borrowings |
| Promoted By |
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| N R Panicker |
| Accel Limited |
| Frontline Technolog. Corp. Ltd |
| Listing At |
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| NSE |
| BSE |
| Registrar To The Issue |
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