FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
Track all the latest updates and news of Edserv Softsystems IPO.
March 23, 2024 12:48:00 AM
Reddit, which priced its IPO at $34 a share, debuted Thursday afternoon at $47 a share. At the close of trading, it was up 48% at $50.44, backing off a peak of $57.80. Reddit, which priced its IPO ...
Published by : WRALMarch 14, 2024 3:30:00 PM
The best time to make money in biotech is usually during periods of cautious optimism. There are strong signs that right now might be one of those moments. The always-volatile industry has just ...
Published by : Wall Street JournalMarch 21, 2024 10:29:00 PM
While Reddit still relies on advertising for the vast majority of its revenue, it touted AI in its IPO marketing roadshow as an area of growth. It also disclosed last week that the Federal Trade ...
Published by : New York PostMarch 22, 2024 11:08:00 PM
Reddit's journey from a college dorm room idea to a publicly traded entity capped off with a $6.4 billion IPO on Thursday, cementing its place as the newest social media company to go public.
Published by : NewsweekMarch 23, 2024 6:40:00 AM
Shares of the social media company soared on its Big Board debut under the ticker RDDT, closing at $50.44, or 48 percent above its IPO price. This brought its fully diluted market capitalization ...
Published by : Ars TechnicaMarch 21, 2024 3:43:00 AM
Social media platform Reddit, priced its initial public offering at the top of its targeted range of $31 to $34 per share on Wednesday, raising $748 million and giving the ailing technology IPO ...
Published by : New York PostMarch 21, 2024 2:07:00 AM
Reddit priced its initial public offering at the high end of its targeted range, a sign that investor enthusiasm could be returning for new issues. Reddit, set to debut Thursday under the ticker ...
Published by : Wall Street JournalMarch 21, 2024 8:48:00 PM
Reddit�s market capitalization accordingly rose to about $8.5 billion, having opened with a $6.4 billion valuation at its $34 per share IPO. Founded in 2005, Reddit is a wide-spanning social ...
Published by : ForbesMarch 21, 2024 7:59:00 PM
After years of anticipation, Reddit finally conducted its initial public offering (IPO). Nicknamed the �front page of the internet,� Reddit offers message boards that allow users to ask ...
Published by : AOL1. IPO Allotment Status is now available online for Edserv Softsystems Limited IPO.
Edserv Softsystems Limited IPO was open on February 5 ,2009 and closed on February 9, 2009. IPO was oversubscribed by 1.30 times (1.0223 times in retail).
2. Edserv Softsystems Limited IPO Listing Info:
IPO Listing Date: Monday, March 2, 2009
BSE Script Code: 533055
NSE Symbol: EDSERV
Listing in: B Group
ISIN: INE889J01019
Issue Price: Rs. 60 Per share (Face Value of Rs. 10/-)
Face Value: Rs 10/- Per Equity Share
Edserv Softsystems Limited IPO fully subscribed on its closing day. Issue received 1.30 times bids for its IPO stocks. Retail quota of the issue subscribed 1.0223 times and QIB's subscribed 1.0776 times. Employees didn't show much interest and only subscribed 0.0390 times but Non Institutional category shows good interest and subscribed 3.1048 times.
EDSERV SOFTSYSTEMS LIMITED - Bid details
Sr.No. | Category | No.of shares offered/reserved | No. of shares bid for | No. of times of total meant for the category |
1 | Qualified Institutional Buyers (QIBs) | 1886954 | 2033300 | 1.0776 |
1(a) | Foreign Institutional Investors (FIIs) | 2033300 | ||
1(b) | Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | 0 | ||
1(c) | Mutual Funds | 0 | ||
1(d) | Others | 0 | ||
2 | Non Institutional Investors | 566086 | 1757600 | 3.1048 |
2(a) | Corporates | 1083300 | ||
2(b) | Individuals (Other than RIIs) | 444700 | ||
2(c) | Others | 229600 | ||
3 | Retail Individual Investors (RIIs) | 1320868 | 1350300 | 1.0223 |
3(a) | Cut Off | 1309700 | ||
3(b) | Price Bids | 40600 | ||
4 | Employee Reservation | 200000 | 7800 | 0.0390 |
4(a) | Cut Off | 0 | ||
4(b) | Price Bids | 7800 |
Edserv Softsystems IPO remain unsubscribe on its second day for subscription. Only bid received are in Retail Individual Investors (RIIs) category for 11600 shares of total retail quota of 1320868 shares.
Edserv Softsystems IPO, a 100% Book Building Initial Public Offer is open for subscription on Feb 05, 2009 and closing on Feb 09, 2009.
CARE has assigned an IPO Grade 1 (Poor fundamentals) to Edserv Softsystems IPO.
Incorporated in 2001, Edserv Softsystems Limited is India's first 4th generation education company that uses technology to efficiently synchronize manpower demand and supply in number and skills right from development to deployment.
Edserv Softsystems Limited is entering in the capital markets with an initial public offering, IPO of 39,73,908 Equity Shares for cash, at a premium to be decided through a 100% Book Built Issue.
The price band for the issue has been fixed at Rs 55/- at lower level and Rs 60/- at upper level for equity share of Rs 10/-. The issue opens on Feb 05, 2009, and closes for subscription on Feb 09, 2009. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The Edserv Softsystems IPO is proposed to open on February 5, 2009. The IPO application ends on February 9, 2009.
Retail investors can apply in the retail or non-institutional investor category from February 5, 2009 to February 9, 2009. The Edserv Softsystems IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Edserv Softsystems IPO will open for subscription on February 5, 2009. The public issue will close on February 9, 2009.
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|