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.
| IPO Date | Feb 11, 2008 - Feb 15, 2008 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 3,497,495 Eq Shares of ₹10 (aggregating up to ₹139.90 Cr) |
| Face Value | ₹10 Per Equity Share |
| IPO Price | ₹400 to ₹440 Per Equity Share |
| Market Lot | 15 Shares |
| Min Order Quantity | 15 Shares |
| Listing At | BSE, NSE |
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 15 | ₹6,600 |
| Maximum | 30 | 450 | ₹198,000 |
No. of Times Issue Subscribed (BSE + NSE) | ||||||
|---|---|---|---|---|---|---|
As on Date & Time | QIB | NII | RII | Employee | Others | Total |
Shares Offered | - | - | - | - | - | - |
Feb 15, 2008 17:00 | 1.06x | 3.50x | 0.20x | 0.02x | 1.08x | |
| Listing Date | Friday, March 7, 2008 |
| BSE Script Code | 532951 |
| NSE Symbol | GSS |
| Listing In | B |
| ISIN | INE871H01011 |
| IPO Price | ₹400 Per Equity Share |
| Face Value | ₹10 Per Equity Share |
|
|
|
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
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai - 400 059
Phone: +91-22-6263 8200
Email: bighshare@bom7.vsnl.net.in
Website: http://www.bigshareonline.com
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 price of the IPO is ₹400 to ₹440 Per Equity Share. The minimum order quantity is 15 Shares per application and the offer type is Book Built Issue.
The IPO opens on Feb 11, 2008 and closes on Feb 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 Feb 11, 2008 and closes on Feb 15, 2008.
GSS America Infotech IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.
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.
GSS America Infotech IPO lot size is 15 Shares and the minimum order quantity is 15 Shares.
Guaranteed Save 60% to 90% Brokerage
You could reduce the brokerage cost significantly by moving to another stock broker. Our expert team compared top share brokers in India to help traders. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.
We can help you choosing the right broker. Contact us today...
Useful Articles
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Account Best Broker for Beginners More Reports...Reviews (Discount Broker)
5paisa (₹20/trade) Zerodha (₹20/trade) ProStocks (₹899 Unlimited) Upstox RKSV (₹20) Edelweiss (₹10 per Trade) More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Overview Benefits & Risks of Options Options Pricing More Articles... Options Trading FAQs Options Trading GlossaryBroker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaHistory of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc