IPO Synopsis

GSS Infotech Ltd
Registered Office: Ground Floor Wing-B N Heights,Plot 12 TSIIC Software Units,Hyderabad-500081, Telangana
Tel. No: 91-40-44556600
Fax No: 91-40-40028703
Email: lalit.tiwari@gssinfotech.com; india@gssinfotech.co
Website: www.gssinfotech.com
Public issue of 34,97,495 equity shares with face value of Rs. 10 each ("equity shares") for cash at a price of Rs.400/- per equity share (including a premium of Rs.390/- per equity share) aggregating to Rs.139.90 crores ("the issue"). The issue comprises of 1,57,495 equity shares with face value of Rs. 10 each for cash at a price of Rs.400/- per equity share (including a share premium of Rs.390/- per equity share) aggregating to Rs.6.30 crores reserved for eligible employees of the company ("employee reservation"). The net issue to public will be of 33,40,000 equity shares with face value of Rs. 10 each aggregating to Rs.133.60 crores. The issue Shall constitute 25.11% of the post issue paid up capital of our company. Issue Price is Rs.400/- per Equity Share of face value Rs. 10. The Issue price is 40 times of the face value
Issue Money Payable On
Opens On Closes On Application Allotment
11-Feb-2008 15-Feb-2008 ₹400.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 15 Further Multiples of :15
(₹ Cr) Lead Managers to the Issue
Project Cost 147.50 Edelweiss Capital Ltd
Project Financed through Current Offer 139.90 Religare Securities Ltd
Post Issue Equity Share Capital 13.30
Issue Price 400.00
Projects
Setting up of Global Delivery Centre
Setting up of overseas offices
Meeting working capital requirement
Acquisitions
Promoted By
Bhargav Marepally
Ramesh Yerramsetti
Listing At
BSE
NSE
Registrar To The Issue