1/13/2010 5:00:00 PM
Infinite Computer Solutions is a global service provider of Infrastructure Management Services, Intellectual Property (IP) Leveraged Solutions, and IT Services, focused on the Telecom, Media, Technology, Manufacturing, Power and Healthcare industries. Infinite Computer services span from Application Management Outsourcing, Packaged Application Services, Independent Validation and Verification, Product Development and Support, to higher value-added offerings including Managed Platform and Product Engineering Services.
Infinite Computer's major customers includes Verizon, IBM, ACS, GE and AOL. Company have 14 offices across the globe, including offices in multiple locations in the US, UK, India, China, Malaysia, Singapore and Australia. Infinite is one of the leading providers of telecom- specific offerings to service providers, OEMs and ISVs in the Telecom vertical, globally. For fiscal year 2008-09, the telecom vertical contributed to 59.4% of their total revenues.
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
1. Capital Expenditure;
3. Repayment of Debt;
4. General Corporate Purposes;
5. Issue Related Expenses.
|IPO Opening Date||Jan 11, 2010|
|IPO Closing Date||Jan 13, 2010|
|Issue Type||Book Built Issue IPO|
|Face Value||₹10 per equity share|
|IPO Price||₹155 to ₹165 per equity share|
|Market Lot||40 Shares|
|Min Order Quantity||40 Shares|
|Listing At||BSE, NSE|
|Issue Size||11,503,000 Eq Shares of ₹10 |
(aggregating up to ₹189.80 Cr)
The Infinite Computer IPO market lot size is 40 shares. A retail-individual investor can apply for up to 30 lots (1200 shares or ₹198,000).
CRISIL has assigned an IPO Grade 2 to Infinite Computer IPO. This means as per CRISIL, company has below average fundamentals. CRISIL assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the CRISIL IPO Grading Document for Infinite Computer Solutions Ltd.
The Infinite Computer IPO is subscribed 43.22 times on 1/13/2010 5:00:00 PM. The public issue subscribed 11.08 in the retail category, 48.44 in the QIB category, and 106.02 in the NII category. Check Day by Day Subscription Details (Live Status)
|Listing Date||Wednesday, February 3, 2010|
|BSE Script Code||533154|
|Listing In||B Group of Securities|
|IPO Price||₹165 per equity share|
|Face Value||₹10 per equity share|
Infinite Computer Solutions India Ltd
155, Somdutt Chambers II,
9, Bhikaji Cama Place,
New Delhi - 110066, India
Phone: +91 11 3268 7466
Infinite Computer IPO is a main-board IPO of 11,503,000 equity shares of the face value of ₹10 aggregating up to ₹189.80 Crores. The issue is priced at ₹155 to ₹165 per equity share. The minimum order quantity is 40 Shares.
The IPO opens on Jan 11, 2010, and closes on Jan 13, 2010.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Infinite Computer IPO opens on Jan 11, 2010 and closes on Jan 13, 2010.
Infinite Computer IPO lot size is 40 Shares and the minimum order quantity is 40 Shares.
You can apply in Infinite Computer 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 Infinite Computer IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Infinite Computer IPO allotment status.
Free Equity Futures Trading
₹20/Trade (Options & Intraday)
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC