Free Trading + Demat Account

Infinite Computer Solutions India Ltd IPO (Infinite Computer IPO) Detail

Jan 11, 2010 - Jan 13, 2010

Infinite Computer Solutions is a global service provider of Infrastructure Management Services, Intellectual Property (IP) Leveraged Solutions, and IT Services, focused on the Telecom, Media, Technology, Manufacturing, Power and Healthcare industries. Infinite Computer services span from Application Management Outsourcing, Packaged Application Services, Independent Validation and Verification, Product Development and Support, to higher value-added offerings including Managed Platform and Product Engineering Services.

Infinite Computer's major customers includes Verizon, IBM, ACS, GE and AOL. Company have 14 offices across the globe, including offices in multiple locations in the US, UK, India, China, Malaysia, Singapore and Australia. Infinite is one of the leading providers of telecom- specific offerings to service providers, OEMs and ISVs in the Telecom vertical, globally. For fiscal year 2008-09, the telecom vertical contributed to 59.4% of their total revenues.

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:

1. Capital Expenditure;
2. Acquisitions;
3. Repayment of Debt;
4. General Corporate Purposes;
5. Issue Related Expenses.

Issue Detail:

  »»  Issue Open: Jan 11, 2010 - Jan 13, 2010
  »»  Issue Type: Book Built Issue IPO
  »»  Issue Size: 11,503,000 Equity Shares of Rs 10 aggregating up to Rs 189.80 Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs 155 - Rs 165 Per Equity Share
  »»  Market Lot: 40 Shares
  »»  Minimum Order Quantity: 40 Shares
  »»  Listing At: BSE, NSE

Infinite Computer Solutions Ltd IPO Grading / Rating

CRISIL has assigned an IPO Grade 2 to Infinite Computer IPO. This means as per CRISIL, company has below average fundamentals. CRISIL assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the CRISIL IPO Grading Document for Infinite Computer Solutions Ltd.

Infinite Computer IPO Recommendations: - Subscribe.
India Capital Markets - Avoid.
Swastika Investmart - Apply.
HDFC Securities - High-risk investors may subscribe.
Hem Securities - Subscribe for listing gain.
S P Tulsian - Expect finite returns.

Issue Subscription Detail / Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & TimeQIBNIIRIITotal
Shares Offered / Reserved4,026,0501,725,4504,026,0509,777,550
Day 1 - Jan 11, 2010 17:00 IST0.81620.00000.18060.4104
Day 2 - Jan 12, 2010 17:00 IST2.77738.34870.76352.9313
Day 3 - Jan 13, 2010 17:00 IST48.4435106.017111.078143.2200

Infinite Computer IPO Prospectus

Infinite Computer IPO Rating

Rating:Rated 3.4 stars

Vote Here ...

Infinite Computer IPO Listing Date

  •   ›  Listing Date: Wednesday, February 3, 2010
  •   ›  BSE Script Code: 533154
  •   ›  NSE Symbol: INFINITE
  •   ›  Listing In: B Group
  •   ›  ISIN: INE486J01014
  •   ›  Issue Price: Rs 165 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

Issue Price:
Last Trade:
Rs 165.00
Rs 178.35
Rs 178.35
Rs 205.80
Rs 191.60
Rs 165.00
Rs 170.00
Rs 170.00
Rs 206.00
Rs 191.80

Infinite Computer IPO News Alerts

  1. Wednesday, February 3, 2010 12:00:00 AM
    Infinite Computer Solutions India Ltd IPO - Listing
  2. Monday, February 1, 2010 8:22:12 AM
    IPO Listing - Infinite Computer Solutions India Ltd
  3. Wednesday, January 27, 2010 8:31:43 AM
    IPO Allotment - Infinite Computer Solutions India Ltd
  4. Wednesday, January 27, 2010 12:00:00 AM
    Infinite Computer Solutions India Ltd IPO - Allotment
  5. Wednesday, January 13, 2010 9:16:43 AM
    Infinite Computer IPO finally subscribed 43.22 times
  6. Wednesday, January 13, 2010 12:00:00 AM
    Infinite Computer Solutions India Ltd IPO - Close
  7. Tuesday, January 12, 2010 7:58:19 AM
    Infinite Computer IPO subscribed 2.93 times on its day 2
  8. Monday, January 11, 2010 12:09:23 PM
    Infinite Computer IPO subscribed 0.41 times on its day 1
  9. Monday, January 11, 2010 12:00:00 AM
    Infinite Computer Solutions India Ltd IPO - Open
  10. Tuesday, January 5, 2010 5:28:16 PM
    Upcoming IPO - Infinite Computer Solutions India Ltd

Company Contact Information

Infinite Computer Solutions India Ltd
155, Somdutt Chambers II,
9, Bhikaji Cama Place,
New Delhi - 110066, India
Phone: +91 11 3268 7466
Fax: +91 11 4615 0830

Infinite Computer IPO Registrar

Bigshare Services Pvt. Ltd   »  Report
   Bigshare Services Pvt Ltd E-2 & 3,
   Ansa Industrial Estate, Saki-Vihar Road,
   Sakinaka, Andheri(E), Mumbai - 400 072

Phone: 91-22-40430200
Fax: 91-22-2847 5207

Infinite Computer IPO Lead Manager(s)

Guaranteed Save 60% to 90% Brokerage + Taxes

Do you know you could reduce the brokerage cost significantly by moving to another stock broker? Our expert team compared top share brokers in India to help investors like you. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.

We can help you choosing the right broker. Contact us today...


Infinite Computer IPO Review / Comments

300. N.Narasimha   Mar 26, 2010 1:06:57 AM IST I Like It. | Report Abuse
25th March, 2010.


The Jyothy Labs IPO listed on Dec. 19, 2007. The issue price was Rs.680/- for a share whose face value was Rs.5/-.

The issue witnessed good response. Oversubscription was 45.83 times (overall) and 14.67 times (retail). Going by the data in your “Performance Tracker”, that the share price has suffered a value erosion of 75.88%, since its market price is now Rs.166.40, I was about to buy some quantity of this share. I researched further and realised that the data published under your IPO performance chart is incorrect, because it ignores the fact that on 27th Aug. 2008, the face value of the share which was Rs.5/- was split into 5 shares of Re.1/- each. Which means, if the face value had remained unchanged @ Rs.5/- its market price would now be equivalent to Rs. 832/-!

I am sure this must have happened as a slip, since otherwise your data base is very exhaustive and dependable. Kindly verify and correct this error.
299. Ankit  Mar 19, 2010 5:07:35 PM IST I Like It. | Report Abuse
This company as well as stock is success story...

Will buy more once it falls below 200. I am not a technical guy so cant say about the targets but one thing for sure its a amazing stock !!
298. Hardik Chheda  Feb 7, 2010 9:00:05 PM IST I Like It. | Report Abuse
Buy Infinite around 200-215 levels.It's a multibagger.Short term target-255(till budget).Long term target-600(1 year).
Discloser-Holding 56*4 lots since IPO.Looking to accumulate more.
297. TC  Feb 7, 2010 2:41:32 PM IST I Like It. | Report Abuse
t row price bought shares worth 70 crore and jp securities worth 30 crore so out of 190 crore issue 100 crore is bought on 2 days and there is going to be huge demad than supply. this stock can easily reach 500 rs in quick time.
296. rama  Feb 6, 2010 4:38:35 PM IST I Like It. | Report Abuse

Buy Infinite shares. Allready majority of shares are aquired by FIIs after listing. This may go upto 250 within a month.
295. Amrit  Feb 4, 2010 9:14:16 PM IST I Like It. | Report Abuse
290 Ashish

At 600 shares i.e. Rs 99000, 99 guys out of 100 received 56 shares each. So, you were unlucky to miss out.
294. Ankit shah  Feb 4, 2010 6:32:03 PM IST I Like It. | Report Abuse
what the next target of infinite computer after 211 (sell or hold?)
293. ASHISH  Feb 4, 2010 6:06:17 PM IST I Like It. | Report Abuse
291 sreedhar
i applied at cut - off (600*165) = 99000
so why should i am not getting any share
292. rag  Feb 4, 2010 4:32:55 AM IST I Like It. | Report Abuse
When is this co posting its results?
291. sreedhar  Feb 3, 2010 10:47:50 PM IST I Like It. | Report Abuse
290.Ashish,At what price you had applied for the IPO?Did you apply at cutoff?
290. ASHISH  Feb 3, 2010 5:31:29 PM IST I Like It. | Report Abuse
application no -6134420 applied 600 , allotted 0 refund Rs.99000
why should i not received any share anyone pls tell me the reason ???????
289. SANJAY AGGARWAL  Feb 3, 2010 4:40:30 PM IST I Like It. | Report Abuse
would be around rs. 400/- in two months
288. Maulik Shah  Feb 3, 2010 10:41:52 AM IST I Like It. | Report Abuse
What shall we do now,???should we hold it or sell it??
287. Sapan  Feb 3, 2010 9:17:47 AM IST I Like It. | Report Abuse
lists at Rs. 200 ... In BSE Rs. 203 high and Rs. 178.35 Low
286. SURAT IPO  Feb 3, 2010 8:39:39 AM IST I Like It. | Report Abuse
Bset luck for today listing.
285. gem ipo finder  Feb 3, 2010 7:35:05 AM IST I Like It. | Report Abuse
hope for a good listing, it could be trading in the range of 210-240 for the day.
284. BD  Feb 3, 2010 6:37:51 AM IST I Like It. | Report Abuse
Listing around @Rs.200/-. Might be reach upto Rs.240/-.Hold for better gain.
283. premal rajendra shah  Feb 3, 2010 12:38:16 AM IST I Like It. | Report Abuse
look at d qib n hni figure it definatelly list around 220 to 230 dnt panic...njoy ur listing gain
282. IMRAN  Feb 2, 2010 7:29:39 PM IST I Like It. | Report Abuse
Hi Dosto LISTING GAIN MILEGA LEKIN 40 Share mein kya milega ???? kam se kam 80 ya 120 share mile hote to bechne k liye ya fir HOLD KARNA YA NAHI primium milega ya nahi wo sochte lekin ab to hold karne mein he samjdari hai
281. SJP GLOBAL  Feb 2, 2010 5:51:30 PM IST I Like It. | Report Abuse
By Popular Stock Brokers

Flat 20 Per Trade
Free Equity Delivery Trades

100% brokerage refund if in 60 days you have made net profits

Enquire Now
(* on online account opening)

Leading Retail Broker in India

Rs 0 account opening fee on Demat Acct + 20% OFF on online trading

Request Instant Call Back

ProStocks Reivew
    Flat Fee Discount Broker

Rs 899 Unlimited Equity
Rs 499 Unlimited Curr
or Rs 15 per Trade

Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty

FREE Trading + Demat Acct

Beginner, seasoned investor, active trader or HNI. Get customised solutions.

Rs 0 account opening fee on Online Trading + Demat Acct
(Rs 1150 waived)

Request Call Back

More About Brokers

Special Offers Broker Reports

Message Board

Stock Message Board