The BEST IPO INFORMATION PORTAL

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: 100% Book Built Issue IPO
  »»  Issue Size: 11,503,000 Equity Shares of Rs. 10
  »»  Issue Size: Rs. 189.80 Crore
  »»  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.

Issue Subscription Detail / Current Bidding Status

Number of Times Issue is 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

199
3.4
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
  •   ›  Sector: IT Consulting & Software
  •   ›  ISIN: INE486J01014
  •   ›  Issue Price: Rs. 165.00 Per Equity Share
  •   ›  Face Value: Rs. 10.00 Per Equity Share

Listing Day Trading Information

BSE
Issue Price:Rs. 165.00
Open:Rs. 178.35
Low:Rs. 178.35
High:Rs. 205.80
Last Trade:Rs. 191.60
Volume:16,382,299
NSE
Rs. 165.00
Rs. 170.00
Rs. 170.00
Rs. 206.00
Rs. 191.80
24,435,160

Infinite Computer IPO News Alerts

  1. Monday, February 1, 2010 8:22:12 AM
    IPO Listing - Infinite Computer Solutions India Ltd
  2. Wednesday, January 27, 2010 8:31:43 AM
    IPO Allotment - Infinite Computer Solutions India Ltd
  3. Wednesday, January 13, 2010 9:16:43 AM
    Infinite Computer IPO finally subscribed 43.22 times
  4. Tuesday, January 12, 2010 7:58:19 AM
    Infinite Computer IPO subscribed 2.93 times on its day 2
  5. Monday, January 11, 2010 12:09:23 PM
    Infinite Computer IPO subscribed 0.41 times on its day 1
  6. 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
Email: ipo@infics.com
Website: http://www.infinite.com

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
Email: bss@bigshareonline.com
Website: http://www.bigshareonline.com

Infinite Computer IPO Lead Manager(s)

Stock Brokers in India (Detailed Comparison)

We provide detail comparison of stock / commodities brokers. We helped over 75,000 traders/investors to save 60% or more brokerage in last 3 years. Here is the list of popular brokers to help investors like you to find the best broker.

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

@

Infinite Computer IPO Review / Comments

avatar
300. N.Narasimha   Mar 26, 2010 12:06:57 AM IST Reply
25th March, 2010.

JYOTHY LAB DATA IGNORES SHARE SPLIT

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.
avatar
299. Ankit  Mar 19, 2010 4:07:35 PM IST Reply
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 !!
avatar
298. Hardik Chheda  Feb 7, 2010 8:00:05 PM IST Reply
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.
avatar
297. TC  Feb 7, 2010 1:41:32 PM IST Reply
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.
avatar
296. rama  Feb 6, 2010 3:38:35 PM IST Reply

Buy Infinite shares. Allready majority of shares are aquired by FIIs after listing. This may go upto 250 within a month.
avatar
295. Amrit  Feb 4, 2010 8:14:16 PM IST Reply
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.
avatar
294. Ankit shah  Feb 4, 2010 5:32:03 PM IST Reply
what the next target of infinite computer after 211 (sell or hold?)
avatar
293. ASHISH  Feb 4, 2010 5:06:17 PM IST Reply
291 sreedhar
i applied at cut - off (600*165) = 99000
so why should i am not getting any share
avatar
292. rag  Feb 4, 2010 3:32:55 AM IST Reply
When is this co posting its results?
avatar
291. sreedhar  Feb 3, 2010 9:47:50 PM IST Reply
290.Ashish,At what price you had applied for the IPO?Did you apply at cutoff?
avatar
290. ASHISH  Feb 3, 2010 4:31:29 PM IST Reply
application no -6134420 applied 600 , allotted 0 refund Rs.99000
INFINITE COMPUTER SOLUTIONS (INDIA) LTD NECS EXPECTED DATE OF CREDIT 01/02/2010
why should i not received any share anyone pls tell me the reason ???????
avatar
289. SANJAY AGGARWAL  Feb 3, 2010 3:40:30 PM IST Reply
would be around rs. 400/- in two months
avatar
288. Maulik Shah  Feb 3, 2010 9:41:52 AM IST Reply
What shall we do now,???should we hold it or sell it??
avatar
287. Sapan  Feb 3, 2010 8:17:47 AM IST Reply
lists at Rs. 200 ... In BSE Rs. 203 high and Rs. 178.35 Low
avatar
286. SURAT IPO  Feb 3, 2010 7:39:39 AM IST Reply
Bset luck for today listing.
avatar
285. gem ipo finder  Feb 3, 2010 6:35:05 AM IST Reply
hope for a good listing, it could be trading in the range of 210-240 for the day.
avatar
284. BD  Feb 3, 2010 5:37:51 AM IST Reply
Listing around @Rs.200/-. Might be reach upto Rs.240/-.Hold for better gain.
avatar
283. premal rajendra shah  Feb 2, 2010 11:38:16 PM IST Reply
look at d qib n hni figure it definatelly list around 220 to 230 dnt panic...njoy ur listing gain
avatar
282. IMRAN  Feb 2, 2010 6:29:39 PM IST Reply
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
avatar
281. SJP GLOBAL  Feb 2, 2010 4:51:30 PM IST Reply
INFINITE COMPUTER LTD LISTING ARROUND RS- 205 DO NOT SELL LISTING JUST HOLD ON YOUR DELIVERY SECOND THINKSOFT GLOBAL IPO,






Search Chittorgarh.com:

Translate Chittorgarh.com: