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

IPO DateJan 11, 2010 - Jan 13, 2010
Issue TypeBook Built Issue IPO
Issue Size11,503,000 Eq Shares of ₹10
(aggregating up to ₹189.80 Cr)
Face Value₹10 Per Equity Share
IPO Price₹155 to ₹165 Per Equity Share
Market Lot40 Shares
Min Order Quantity40 Shares
Listing AtBSE, NSE

Infinite Computer IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum140₹6,600
Maximum301200₹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)

Infinite Computer IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Total

Shares Offered

4,026,050

1,725,450

4,026,050

9,777,550

Jan 13, 2010 17:00

48.44x

106.02x

11.08x

43.22x

Infinite Computer IPO Prospectus

Infinite Computer IPO Rating

199
3.4
Rating:Rated 3.4 stars

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Infinite Computer IPO Listing Date

Listing DateWednesday, February 3, 2010
BSE Script Code533154
NSE SymbolINFINITE
Listing InB
ISININE486J01014
IPO Price₹165 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹165.00
₹178.35
₹178.35
₹205.80
₹191.60
16,382,299
NSE
₹165.00
₹170.00
₹170.00
₹206.00
₹191.80
24,435,160

Infinite Computer IPO Reviews / Ratings

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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
Email: ipo@infics.com
Website: http://www.infinite.com

Infinite Computer IPO Registrar

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: bss@bigshareonline.com
Website: http://www.bigshareonline.com

Infinite Computer IPO FAQs

  1. 1. What is Infinite Computer IPO?

    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 price of the IPO is ₹155 to ₹165 Per Equity Share. The minimum order quantity is 40 Shares per application and the offer type is Book Built Issue.

    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.

  2. 2. When Infinite Computer IPO will open?

    The Infinite Computer IPO opens on Jan 11, 2010 and closes on Jan 13, 2010.

  3. 3. How to apply for Infinite Computer IPO?

    Infinite Computer 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.

  4. 4. When Infinite Computer IPO allotment?

    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.

  5. 5. When is Infinite Computer IPO listing date?

    The Infinite Computer IPO listing date is on Wednesday, February 3, 2010, at BSE, NSE.
  6. 6. What is the lot size of Infinite Computer IPO?

    Infinite Computer IPO lot size is 40 Shares and the minimum order quantity is 40 Shares.

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Infinite Computer IPO Review / Comments

N.Narasimha
300. N.Narasimha   Mar 26, 2010 00:06
25th March, 2010.

JYOTHY LAB DATA IGNORES SHARE SPLIT

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.
Ankit
299. Ankit  Mar 19, 2010 16:07
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 !!
Hardik Chheda
298. Hardik Chheda  Feb 7, 2010 20:00
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.
TC
297. TC  Feb 7, 2010 13:41
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.
rama
296. rama  Feb 6, 2010 15:38

Buy Infinite shares. Allready majority of shares are aquired by FIIs after listing. This may go upto 250 within a month.
Amrit
295. Amrit  Feb 4, 2010 20:14
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.
Ankit  shah
294. Ankit shah  Feb 4, 2010 17:32
what the next target of infinite computer after 211 (sell or hold?)
ASHISH
293. ASHISH  Feb 4, 2010 17:06
291 sreedhar
i applied at cut - off (600*165) = 99000
so why should i am not getting any share
rag
292. rag  Feb 4, 2010 03:32
When is this co posting its results?
sreedhar
291. sreedhar  Feb 3, 2010 21:47
290.Ashish,At what price you had applied for the IPO?Did you apply at cutoff?
ASHISH
290. ASHISH  Feb 3, 2010 16:31
application no -6134420 applied 600 , allotted 0 refund Rs.99000
INFINITE COMPUTER SOLUTIONS (INDIA) LTD NECS EXPECTED DATE OF CREDIT 01/02/2010
why should i not received any share anyone pls tell me the reason ???????
SANJAY AGGARWAL
289. SANJAY AGGARWAL  Feb 3, 2010 15:40
would be around rs. 400/- in two months
Maulik Shah
288. Maulik Shah  Feb 3, 2010 09:41
What shall we do now,???should we hold it or sell it??
Sapan
287. Sapan  Feb 3, 2010 08:17
lists at Rs. 200 ... In BSE Rs. 203 high and Rs. 178.35 Low
SURAT IPO
286. SURAT IPO  Feb 3, 2010 07:39
Bset luck for today listing.
gem ipo finder
285. gem ipo finder  Feb 3, 2010 06:35
hope for a good listing, it could be trading in the range of 210-240 for the day.
BD
284. BD  Feb 3, 2010 05:37
Listing around @Rs.200/-. Might be reach upto Rs.240/-.Hold for better gain.
premal rajendra shah
283. premal rajendra shah  Feb 2, 2010 23:38
look at d qib n hni figure it definatelly list around 220 to 230 dnt panic...njoy ur listing gain
IMRAN
282. IMRAN  Feb 2, 2010 18:29
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
SJP GLOBAL
281. SJP GLOBAL  Feb 2, 2010 16:51
INFINITE COMPUTER LTD LISTING ARROUND RS- 205 DO NOT SELL LISTING JUST HOLD ON YOUR DELIVERY SECOND THINKSOFT GLOBAL IPO,






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