FREE Account Opening + No Clearing Fees

Firstsource Solutions Limited IPO (Firstsource IPO) Detail

January 29, 2007 - February 2, 2007

Firstsource IPO is a book built issue of Rs 443.52 crores.

Firstsource IPO bidding started from January 29, 2007 and ended on February 2, 2007. The shares got listed on BSE, NSE on February 22, 2007.

Firstsource IPO price band is set at ₹54 to ₹64 per share. The minimum lot size for an application is 100 Shares. The minimum amount of investment required by retail investors is ₹6,400.

Deutsche Equities India Private Limited, Bofa Securities India Limited and ICICI Securities Limited are the book running lead managers of the Firstsource IPO, while Sharepro Services Private Limited is the registrar for the issue.

Refer to Firstsource IPO RHP for detailed information.

Firstsource IPO Details

IPO Date January 29, 2007 to February 2, 2007
Listing Date February 22, 2007
Face Value ₹10 per share
Price Band ₹54 to ₹64 per share
Lot Size 100 Shares
Total Issue Size69,300,000 shares
(aggregating up to ₹443.52 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Firstsource IPO Lot Size

Investors can bid for a minimum of 100 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 100 ₹6,400
Retail (Max) 31 3100 ₹198,400
Lot Size Calculator

About Firstsource Solutions Limited

Firstsource Solutions Ltd (formally ICICI OneSource) is a leading provider of offshore BPO services to clients primarily in the BFSI, telecommunications and media, and healthcare industries.

Firstsource provide a comprehensive range of services to clients in each of our focus industries, including:

1. BFSI: customer acquisition, accounts set-up, customer service and account maintenance, dispute resolution, mortgage origination and servicing, insurance policy issuance and administration, payment processing, collections, research and analytics.

2. Telecommunications and media: customer acquisition, provisioning and fulfillment support, customer service, billing support, dispute resolution, churn management and collections.

3. Healthcare: mail and document management, claims processing, claims pricing, claims adjudication and healthcare provider database maintenance.

More facts:
1. Total income has grown at a compound annual growth rate of 74.4% from Rs. 1,807.8 million in fiscal 2004 to Rs. 5,499.2 million in fiscal 2006.
2. Has 17 delivery centers including eleven in India, three in the United States, two in the United Kingdom and one in Argentina with around 10,000 employees.

Objects of the Issue (Firstsource IPO Objectives)

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges and to raise capital for
1. Acquisitions;
2. Setting up of our new facilities;
3. Repay certain loans of our Company.

Firstsource IPO Subscription Status (Bidding Detail)

The Firstsource IPO is subscribed 50.07 times on February 2, 2007 5:00:00 PM. The public issue subscribed 11.54 times in the retail category, 72.29 times in the QIB category, and 40.78 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Firstsource IPO Prospectus

Firstsource IPO Rating

Rating:Rated 3.9 stars
Vote Here ...

Firstsource IPO Listing Details

Listing Date February 22, 2007
BSE Script Code 532809
NSE Symbol FSL
ISIN INE684F01012
Final Issue Price ₹64 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

Firstsource Solutions Limited Contact Details

Firstsource Solutions Limited
6th Floor, Peninsula Chambers,
Peninsula Corporate Park, Ganpatrao Kadam Marg,
Mumbai 400 013 India
Phone: +91 22 66660888

Firstsource IPO Registrar

Sharepro Services Private Limited

Phone: 9999999999

Firstsource IPO FAQs

Firstsource IPO is a main-board IPO of 69,300,000 equity shares of the face value of ₹10 aggregating up to ₹443.52 Crores. The issue is priced at ₹54 to ₹64 per share. The minimum order quantity is 100 Shares.

The IPO opens on January 29, 2007, and closes on February 2, 2007.

Sharepro Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Firstsource IPO opens on January 29, 2007 and closes on February 2, 2007.

Firstsource IPO lot size is 100 Shares, and the minimum amount required is ₹6,400.

You can apply in Firstsource 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Firstsource IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Firstsource IPO allotment status.

The Firstsource IPO listing date is on February 22, 2007.
Open an Instant Account with Zerodha

Firstsource IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



220. chirag shah |   Link |  Bookmark |April 12, 2007 10:21:21 AM
fedility international fund
kesa rahega?
219. Ashuk Agrawal |   Link |  Bookmark |March 20, 2007 12:53:54 PM
Ref Appl.No.41332651. I have applied 400 Shares. But no share have been alloted. It is streng that the applicant applied for 200 shares have got 100 shares but I have not received any share. Also I have not received my refund for that. me in this metter.

Ashuk Agarwal
218. raj |   Link |  Bookmark |March 12, 2007 2:13:47 PM
I am too no reced the refund for 400 shares what to do?
217. pallavi |   Link |  Bookmark |March 9, 2007 5:43:12 AM
Hi friends,
I had applied for 100 shares, I didn't allot any share and till date no refund has been received.
216. Vijay |   Link |  Bookmark |March 8, 2007 8:05:07 AM
Hi Friends,
I applied for 200 shares, Got 100 shares alloted but No refund for remaining 100 shares.

Anyone sailing the same boat? What to do ??

215. mukhtar |   Link |  Bookmark |March 7, 2007 7:35:55 PM
can i hold firstsoruce or sell it.whats the target?
214.  amitabh |   Link |  Bookmark |February 27, 2007 8:15:34 PM
i have applied for first source solution , got 100 shares but till date has not received the refund. i applied through please help me out what to do.
213. Dinesh M |   Link |  Bookmark |February 27, 2007 12:00:19 AM
I have been alloted with 300 shares but i havn't got my refund yet. anybody with the simmilar problem
212. Suresh |   Link |  Bookmark |February 23, 2007 9:43:51 AM
I appilied for 300 shares. I have not been alloted any shares and also not received the refund. Can any one please tell me whats the maximum number of days that refund has to reach us.
211. punith |   Link |  Bookmark |February 23, 2007 3:15:16 AM
I have also not got the refund so far. Please anyone can help how to get the refunds. Even it is going to get listed tommorow morning...but no refunds ....applied through icicidirect.
210. anup thomas |   Link |  Bookmark |February 23, 2007 3:10:44 AM
Got my refund cheque as registered post
209. Raghu |   Link |  Bookmark |February 23, 2007 12:02:41 AM
Don't sell this stock. It had a good Potensial to move up. It is trading low because of budget. It will move to great levels after budget.
208. Johnson |   Link |  Bookmark |February 22, 2007 11:52:01 PM
Got my refund as well as shows up in my demat..
207. Kamal |   Link |  Bookmark |February 22, 2007 10:34:28 PM
The stock got listed at Rs.90.10 (BSE) and Rs.75.10 (NSE)
206. sandeep |   Link |  Bookmark |February 22, 2007 10:26:24 PM
if you have ICICI Dp, then got to Demat Allocation>then click allocate button and submit it,then it will show shares in your Demat allocation list
205. Chitra |   Link |  Bookmark |February 22, 2007 9:17:39 PM
i have been alloted 100 shares but still its not reflected in my dp account.

anybody facing the same problem?
204. Sundaram.J.S. |   Link |  Bookmark |February 22, 2007 8:36:09 PM
Listed at Rs90/- but seems like going down....Currently trading at Rs84/-
203. Spri |   Link |  Bookmark |February 22, 2007 7:19:44 PM
NDTV Profit says that Experts recomend to
DO NOT SELL First source..
It will perform well upto 175 % with a Qtr...

Happy investing
202. raja |   Link |  Bookmark |February 22, 2007 1:35:48 PM
I did apply for 500 shares through Sharekhan. but in sharepro it says that shares are not allotted. I did send them an email but never got reply. Is there a way to get reply from them?

Just like others, did not even got the money.
201. Vivek |   Link |  Bookmark |February 22, 2007 9:53:05 AM
The shares reflect in the demat a/c only once they list. So you will see them tomorrow in your demat a/c.