|
|
Incorporated in 2001, Edserv Softsystems Limited is in the business of web-learning, software development staffing solutions.
Edserv came with an objective of providing niche training solutions, customised software solutions, and placement consulting on contract as well as permanent basis to both Corporate and Institutional clients. The company successfully provided staffing solutions to premier clients during 2002 to 2004 viz., TI Group, TVS Group, Office Tiger, KSB Pumps, Infosys Technologies, HCL Technologies, Shasun Chemicals, Hexaware Technologies, Ashok Leyland, Seshasayee Paper & Boards among others.
| Particulars | For the year/period ended (Rs. in Lacs) | ||||
| 31-Mar-08 | 31-Mar-07 | 31-Mar-06 | 31-Mar-05 | 31-Mar-04 | |
| Total Income | 395.33 | 18.25 | 40.26 | 70.86 | 94.71 |
| Profit After Tax (PAT) | 266.28 | 1.26 | 36.51 | 21.05 | 10.52 |
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
1. Content Development;
2. Establishment of HEAL laboratories;
3. Establishment of Regional HEADS offices;
4. Development and Implementation of centralized LAMPS Portal Engine;
5. Issue Related Expenses;
6. Promotional, Trademark, copyright IP rights Expenses.
| Edserv Softsystems IPO Date | Feb 5, 2009 to Feb 9, 2009 |
| Edserv Softsystems IPO Face Value | ₹10 per share |
| Edserv Softsystems IPO Price | ₹55 to ₹60 per share |
| Edserv Softsystems IPO Lot Size | 100 Shares |
| Issue Size | 3,973,908 shares of ₹10 (aggregating up to ₹23.84 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
The Edserv Softsystems IPO lot size is 100 shares. A retail-individual investor can apply for up to 33 lots (3300 shares or ₹198,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 100 | ₹6,000 |
| Maximum | 33 | 3300 | ₹198,000 |
CARE has assigned an IPO Grade 1 to Edserv Softsystems IPO. This means as per CARE, company has Poor fundamentals. CARE assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.
The Edserv Softsystems IPO is subscribed 1.30 times on Feb 9, 2009 5:00:00 PM. The public issue subscribed 1.02 times in the retail category, 1.08 times in the QIB category, and 3.10 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 1.08 |
| NII | 3.10 |
| Retail | 1.02 |
| Employee | 0.04 |
| Total | 1.30 |
| Listing Date | Monday, March 2, 2009 |
| BSE Script Code | 533055 |
| NSE Symbol | EDSERV |
| Listing In | B Group of Securities |
| ISIN | INE889J01019 |
| IPO Price | ₹60 per share |
| Face Value | ₹10 per share |
|
|
|
Edserv Softsystems Limited
Ist Floor, Panna Plaza New No. 139,
Arcot Road, Kodambakkam,
Chennai – 600 024
Phone: + 91 44 64537216
Email: info@edserv.in
Website: http://www.edserv.in
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: edserv.ipo@karvy.com
Website: https://karisma.kfintech.com/
Edserv Softsystems IPO is a main-board IPO of 3,973,908 equity shares of the face value of ₹10 aggregating up to ₹23.84 Crores. The issue is priced at ₹55 to ₹60 per share. The minimum order quantity is 100 Shares.
The IPO opens on Feb 5, 2009, and closes on Feb 9, 2009.
KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Edserv Softsystems IPO opens on Feb 5, 2009 and closes on Feb 9, 2009.
Edserv Softsystems IPO lot size is 100 Shares and the minimum order quantity is .
You can apply in Edserv Softsystems IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Edserv Softsystems IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Edserv Softsystems IPO allotment status.
Useful Articles
|
|
We have achieved this target too...
Next target is 325/- within 3 months.