FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
GSS America Infotech IPO is a book built issue of Rs 139.90 crores.
GSS America Infotech IPO bidding started from February 11, 2008 and ended on February 15, 2008. The shares got listed on BSE, NSE on March 7, 2008.
GSS America Infotech IPO price band is set at ₹400 to ₹440 per share. The minimum lot size for an application is 15 Shares. The minimum amount of investment required by retail investors is ₹6,600.
Religare Securities Ltd is the book running lead manager of the GSS America Infotech IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to GSS America Infotech IPO RHP for detailed information.
| IPO Date | February 11, 2008 to February 15, 2008 |
| Listing Date | March 7, 2008 |
| Face Value | ₹10 per share |
| Price Band | ₹400 to ₹440 per share |
| Lot Size | 15 Shares |
| Total Issue Size | 3,497,495 shares (aggregating up to ₹139.90 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Investors can bid for a minimum of 15 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 | 15 | ₹6,600 |
| Retail (Max) | 30 | 450 | ₹198,000 |
| Lot Size Calculator | |||
Incorporated in 1999, GSS America Infotech Ltd (GSS) is a leading Global IT Services company, focused on providing scalable and cost-effective IT solutions using Global Delivery Model.
Expertise in IT Consulting, Enterprise Application Integration, and IT Infrastructure Management, GSS America has established itself as a leading provider of IT services that transform company performance and operational effectiveness.
Microsoft, TIBCO, BEA are company's key technology partners. GSS Client's includes Ernst & Young, Blue Cross Blue Shield of NC, BMC Software, Kelly Services, Thomson, Aurora Healthcare, WR Grace & Co, TDS Telecom, Pepsi Co, etc. As a strategy to de-risk, the Company has diversified its portfolio of service offerings by acquiring profit making IT services companies in USA. GSS have software solutions design / development centres and marketing offices in Chicago U.S.A. and Global Delivery Centres in Hyderabad, India.
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
1. Setting up of state of the art Global Delivery Centre at Hyderabad with 1000 seater capacity. This would involve construction of a building, doing its interiors, along with purchase of computers and other equipments;
2. Setting up overseas offices;
3. Meeting working capital requirement;
4. Acquisitions;
5. Meet general corporate purposes;
6. Meet expenses of the Issue in order to achieve the benefits of listing on the Stock Exchanges.
The GSS America Infotech IPO is subscribed 1.08 times on Feb 15, 2008 5:00:00 PM. The public issue subscribed 0.20 times in the retail category, 1.06 times in the QIB category, and 3.50 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|
| Listing Date | March 7, 2008 |
| BSE Script Code | 532951 |
| NSE Symbol | GSS |
| ISIN | INE871H01011 |
| Final Issue Price | ₹400 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE |
|---|
| ₹400.00 |
| ₹400.00 |
| ₹400.00 |
| ₹508.35 |
| ₹500.65 |
| NSE |
|---|
| ₹400.00 |
| ₹380.00 |
| ₹370.00 |
| ₹540.00 |
| ₹500.80 |
GSS America Infotech Ltd
Wing - 2, 3rd Floor, Block B, Cyber Gateway,
Hitech City,
Madhapur, Hyderabad - 500081, India
Phone: +91-40-4002 8700
Email: kishore.avutapalli@gssamerica.com
Website: http://www.gssamerica.com
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: bighshare@bom7.vsnl.net.in
Website: https://ipo.bigshareonline.com/ipo_status.html
GSS America Infotech IPO is a main-board IPO of 3,497,495 equity shares of the face value of ₹10 aggregating up to ₹139.90 Crores. The issue is priced at ₹400 to ₹440 per share. The minimum order quantity is 15 Shares.
The IPO opens on February 11, 2008, and closes on February 15, 2008.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The GSS America Infotech IPO opens on February 11, 2008 and closes on February 15, 2008.
GSS America Infotech IPO lot size is 15 Shares, and the minimum amount required is ₹6,600.
You can apply in GSS America Infotech 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 GSS America Infotech IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the GSS America Infotech IPO allotment status.
Useful Articles
FREE Account Opening (₹0)
FREE Intraday Trading (Eq, F&O)
|
|
RHP
