Infinite Computer Solutions India Ltd IPO (Infinite Computer IPO) Detail

Jan 11, 2010 - Jan 13, 2010

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.

Objects of the Issue

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:

1. Capital Expenditure;
2. Acquisitions;
3. Repayment of Debt;
4. General Corporate Purposes;
5. Issue Related Expenses.

Infinite Computer IPO Details

Infinite Computer IPO Date Jan 11, 2010 to Jan 13, 2010
Infinite Computer IPO Face Value ₹10 per share
Infinite Computer IPO Price ₹155 to ₹165 per share
Infinite Computer IPO Lot Size 40 Shares
Issue Size11,503,000 shares of ₹10
(aggregating up to ₹189.80 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Infinite Computer IPO Lot Size

The Infinite Computer IPO lot size is 40 shares. A retail-individual investor can apply for up to 30 lots (1200 shares or ₹198,000).

Application Lots Shares Amount
Retail (Min) 1 40 ₹6,600
Retail (Max) 30 1200 ₹198,000

Infinite Computer Solutions Ltd IPO Grading / Rating

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.

Infinite Computer IPO Subscription Status (Bidding Detail)

The Infinite Computer IPO is subscribed 43.22 times on Jan 13, 2010 5:00:00 PM. The public issue subscribed 11.08 times in the retail category, 48.44 times in the QIB category, and 106.02 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Infinite Computer IPO Prospectus

Infinite Computer IPO Rating

Rating:Rated 3.4 stars
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Infinite Computer IPO Listing Date

Listing Date Wednesday, February 3, 2010
BSE Script Code 533154
Listing In B Group of Securities
ISIN INE486J01014
IPO Price ₹165 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

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 Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Infinite Computer IPO Review

Infinite Computer IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 5 0 1
Members 0 0 0

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IPO Broker Recommendations

  • Capital Market - Avoid
  • HDFC Securities Limited - Apply
  • Hem Securities - Apply
  • ICICI Direct - Apply
  • S P Tulsian - May apply
  • Swastika Investmart Ltd - Apply

Infinite Computer IPO FAQs

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 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 .

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.

The Infinite Computer IPO listing date is on Wednesday, February 3, 2010.
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Infinite Computer IPO Message Board

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300. N.Narasimha |   Link |Mar 26, 2010 12:06:57 AM
25th March, 2010.


The Jyothy Labs IPO listed on Dec. 19, 2007. The issue price was Rs.680/- for a share whose face value was Rs.5/-.

The issue witnessed good response. Oversubscription was 45.83 times (overall) and 14.67 times (retail). Going by the data in your “Performance Tracker”, that the share price has suffered a value erosion of 75.88%, since its market price is now Rs.166.40, I was about to buy some quantity of this share. I researched further and realised that the data published under your IPO performance chart is incorrect, because it ignores the fact that on 27th Aug. 2008, the face value of the share which was Rs.5/- was split into 5 shares of Re.1/- each. Which means, if the face value had remained unchanged @ Rs.5/- its market price would now be equivalent to Rs. 832/-!

I am sure this must have happened as a slip, since otherwise your data base is very exhaustive and dependable. Kindly verify and correct this error.
299. Ankit |   Link |Mar 19, 2010 4:07:35 PM
This company as well as stock is success story...

Will buy more once it falls below 200. I am not a technical guy so cant say about the targets but one thing for sure its a amazing stock !!
298. Hardik Chheda |   Link |Feb 7, 2010 8:00:05 PM
Buy Infinite around 200-215 levels.It's a multibagger.Short term target-255(till budget).Long term target-600(1 year).
Discloser-Holding 56*4 lots since IPO.Looking to accumulate more.
297. TC |   Link |Feb 7, 2010 1:41:32 PM
t row price bought shares worth 70 crore and jp securities worth 30 crore so out of 190 crore issue 100 crore is bought on 2 days and there is going to be huge demad than supply. this stock can easily reach 500 rs in quick time.
296. rama |   Link |Feb 6, 2010 3:38:35 PM

Buy Infinite shares. Allready majority of shares are aquired by FIIs after listing. This may go upto 250 within a month.
295. Amrit |   Link |Feb 4, 2010 8:14:16 PM
290 Ashish

At 600 shares i.e. Rs 99000, 99 guys out of 100 received 56 shares each. So, you were unlucky to miss out.
294. Ankit shah |   Link |Feb 4, 2010 5:32:03 PM
what the next target of infinite computer after 211 (sell or hold?)
293. ASHISH |   Link |Feb 4, 2010 5:06:17 PM
291 sreedhar
i applied at cut - off (600*165) = 99000
so why should i am not getting any share
292. rag |   Link |Feb 4, 2010 3:32:55 AM
When is this co posting its results?
291. sreedhar |   Link |Feb 3, 2010 9:47:50 PM
290.Ashish,At what price you had applied for the IPO?Did you apply at cutoff?
290. ASHISH |   Link |Feb 3, 2010 4:31:29 PM
application no -6134420 applied 600 , allotted 0 refund Rs.99000
why should i not received any share anyone pls tell me the reason ???????
289. SANJAY AGGARWAL |   Link |Feb 3, 2010 3:40:30 PM
would be around rs. 400/- in two months
288. Maulik Shah |   Link |Feb 3, 2010 9:41:52 AM
What shall we do now,???should we hold it or sell it??
287. Sapan |   Link |Feb 3, 2010 8:17:47 AM
lists at Rs. 200 ... In BSE Rs. 203 high and Rs. 178.35 Low
286. SURAT IPO |   Link |Feb 3, 2010 7:39:39 AM
Bset luck for today listing.
285. gem ipo finder |   Link |Feb 3, 2010 6:35:05 AM
hope for a good listing, it could be trading in the range of 210-240 for the day.
284. BD |   Link |Feb 3, 2010 5:37:51 AM
Listing around @Rs.200/-. Might be reach upto Rs.240/-.Hold for better gain.
283. premal rajendra shah |   Link |Feb 2, 2010 11:38:16 PM
look at d qib n hni figure it definatelly list around 220 to 230 dnt panic...njoy ur listing gain
282. IMRAN |   Link |Feb 2, 2010 6:29:39 PM
Hi Dosto LISTING GAIN MILEGA LEKIN 40 Share mein kya milega ???? kam se kam 80 ya 120 share mile hote to bechne k liye ya fir HOLD KARNA YA NAHI primium milega ya nahi wo sochte lekin ab to hold karne mein he samjdari hai
281. SJP GLOBAL |   Link |Feb 2, 2010 4:51:30 PM