Firstsource Solutions Limited IPO (Firstsource IPO) Detail

Jan 29, 2007 - Feb 2, 2007

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:

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 Details

IPO Opening Date Jan 29, 2007
IPO Closing Date Feb 2, 2007
Issue Type Book Built Issue IPO
Face Value ₹10 per equity share
IPO Price ₹54 to ₹64 per equity share
Market Lot 100 Shares
Min Order Quantity 100 Shares
Listing At BSE, NSE
Issue Size69,300,000 Eq Shares of ₹10
(aggregating up to ₹443.52 Cr)

Firstsource IPO Lot Size

The Firstsource IPO market lot size is 100 shares. A retail-individual investor can apply for up to 31 lots (3100 shares or ₹198,400).

Application Lots Shares Amount (Cut-off)
Minimum 1 100 ₹6,400
Maximum 31 3100 ₹198,400

Firstsource IPO Subscription Status (Bidding Detail)

The Firstsource IPO is subscribed 50.07 times on 2/2/2007 5:00:00 PM. The public issue subscribed 11.54 in the retail category, 72.29 in the QIB category, and 40.78 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
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Firstsource IPO Listing Date

Listing Date Thursday, February 22, 2007
BSE Script Code 532809
NSE Symbol FSL
Listing In B1 Group of Securities
ISIN INE684F01012
IPO Price ₹64 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

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
Website: http://

Firstsource IPO Reviews / Ratings

  • Business Line - Apply

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 equity share. The minimum order quantity is 100 Shares.

The IPO opens on Jan 29, 2007, and closes on Feb 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 Jan 29, 2007 and closes on Feb 2, 2007.

Firstsource IPO lot size is 100 Shares and the minimum order quantity is 100 Shares.

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, Edelweiss, 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 Thursday, February 22, 2007.

Firstsource IPO Message Board

Ranked Members  Ranked Members



220. chirag shah |Apr 12, 2007 11:21:21 AM
fedility international fund
kesa rahega?
219. Ashuk Agrawal |Mar 20, 2007 1:53:54 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 |Mar 12, 2007 3:13:47 PM
I am too no reced the refund for 400 shares what to do?
217. pallavi |Mar 9, 2007 6:43:12 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 |Mar 8, 2007 9:05:07 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 |Mar 7, 2007 8:35:55 PM
can i hold firstsoruce or sell it.whats the target?
214.  amitabh |Feb 27, 2007 9:15:34 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 |Feb 27, 2007 1:00:19 AM
I have been alloted with 300 shares but i havn't got my refund yet. anybody with the simmilar problem
212. Suresh |Feb 23, 2007 10:43:51 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 |Feb 23, 2007 4:15:16 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 |Feb 23, 2007 4:10:44 AM
Got my refund cheque as registered post
209. Raghu |Feb 23, 2007 1:02:41 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 |Feb 23, 2007 12:52:01 AM
Got my refund as well as shows up in my demat..
207. Kamal |Feb 22, 2007 11:34:28 PM
The stock got listed at Rs.90.10 (BSE) and Rs.75.10 (NSE)
206. sandeep |Feb 22, 2007 11:26:24 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 |Feb 22, 2007 10:17:39 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. |Feb 22, 2007 9:36:09 PM
Listed at Rs90/- but seems like going down....Currently trading at Rs84/-
203. Spri |Feb 22, 2007 8:19:44 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 |Feb 22, 2007 2:35:48 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 |Feb 22, 2007 10:53:05 AM
The shares reflect in the demat a/c only once they list. So you will see them tomorrow in your demat a/c.