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February 5, 2009 - February 9, 2009

Edserv Softsystems IPO Latest News Today

Track all the latest updates and news of Edserv Softsystems IPO.

  1. IPO Coverage

    March 23, 2024 12:48:00 AM

    Reddit, which priced its IPO at $34 a share, debuted Thursday afternoon at $47 a share. At the close of trading, it was up 48% at $50.44, backing off a peak of $57.80. Reddit, which priced its IPO ...

    Published by : WRAL
  2. Clock is ticking for Cetera IPO

    March 25, 2024 3:30:00 AM

    With Cetera Holdings potentially eyeing an initial public offering and stock listing in the next five years, the giant network of at least five broker-dealers, 12,000 financial professionals, and ...

    Published by : InvestmentNews
  3. Reddit IPO: Stock Rallies 60% In Wall Street Debut

    March 21, 2024 8:48:00 PM

    Reddit�s market capitalization accordingly rose to about $8.5 billion, having opened with a $6.4 billion valuation at its $34 per share IPO. Founded in 2005, Reddit is a wide-spanning social ...

    Published by : Forbes
  4. Reddit IPO stock price: Live updates as the internet reacts

    March 21, 2024 3:30:00 AM

    Reddit went public on Thursday, after much anticipation and speculation. The IPO price was set at $34 per share and, by 4 p.m. ET, when the closing bell rang, it had risen and held steady ...

    Published by : Mashable
  5. Reddit shares skyrocket 48% above IPO price, valuing company at $9.5B

    March 21, 2024 10:29:00 PM

    While Reddit still relies on advertising for the vast majority of its revenue, it touted AI in its IPO marketing roadshow as an area of growth. It also disclosed last week that the Federal Trade ...

    Published by : New York Post
  6. Reddit Prices IPO at Top of Range

    March 21, 2024 2:07:00 AM

    Reddit priced its initial public offering at the high end of its targeted range, a sign that investor enthusiasm could be returning for new issues. Reddit, set to debut Thursday under the ticker ...

    Published by : Wall Street Journal
  7. Reddit stock closes up nearly 48% on its first day of trading

    March 21, 2024 11:41:00 PM

    Shares of social forum giant Reddit closed its first day of trading at $50.31, up nearly 48% from its IPO price of $34 per share. The company had indicated a target range of $31 to $34 per share ...

    Published by : TechCrunch
  8. Why Reddits IPO wont spark a boom in companies going public

    March 21, 2024 7:59:00 PM

    Reddit's (RDDT) IPO marks the first major company to go public in 2024. But experts don't think it will bring a grand reopening of the IPO market, which has cooled off since 2021. "I don't think ...

    Published by : Yahoo Finance
  9. Reddit IPO: Here�s what to know as the social media company goes public

    March 21, 2024 7:59:00 PM

    After years of anticipation, Reddit finally conducted its initial public offering (IPO). Nicknamed the �front page of the internet,� Reddit offers message boards that allow users to ask ...

    Published by : AOL

Edserv Softsystems IPO Alerts

1. IPO Allotment/Listing - Edserv Softsystems Limited  Monday, March 2, 2009 8:52:26 AM

1. IPO Allotment Status is now available online for Edserv Softsystems Limited IPO.

Edserv Softsystems Limited IPO was open on February 5 ,2009 and closed on February 9, 2009. IPO was oversubscribed by 1.30 times (1.0223 times in retail).

2. Edserv Softsystems Limited IPO Listing Info:

IPO Listing Date: Monday, March 2, 2009
BSE Script Code: 533055
NSE Symbol: EDSERV
Listing in: B Group
ISIN: INE889J01019
Issue Price: Rs. 60 Per share (Face Value of Rs. 10/-)
Face Value: Rs 10/- Per Equity Share

2. Edserv Softsystems IPO final bidding Info  Monday, February 9, 2009 8:41:14 AM

Edserv Softsystems Limited IPO fully subscribed on its closing day. Issue received 1.30 times bids for its IPO stocks. Retail quota of the issue subscribed 1.0223 times and QIB's subscribed 1.0776 times. Employees didn't show much interest and only subscribed 0.0390 times but Non Institutional category shows good interest and subscribed 3.1048 times.

 EDSERV SOFTSYSTEMS LIMITED - Bid details

Sr.No. Category No.of shares offered/reserved No. of shares bid for No. of times of total meant for the category
1 Qualified Institutional Buyers (QIBs) 1886954 2033300 1.0776
1(a) Foreign Institutional Investors (FIIs)   2033300  
1(b) Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)   0  
1(c) Mutual Funds   0  
1(d) Others   0  
2 Non Institutional Investors 566086 1757600 3.1048
2(a) Corporates   1083300  
2(b) Individuals (Other than RIIs)   444700  
2(c) Others   229600  
3 Retail Individual Investors (RIIs) 1320868 1350300 1.0223
3(a) Cut Off   1309700  
3(b) Price Bids   40600  
4 Employee Reservation 200000 7800 0.0390
4(a) Cut Off   0  
4(b) Price Bids   7800

3. Edserv Softsystems IPO remain unsubscribe on its day 2  Friday, February 6, 2009 8:48:40 AM

Edserv Softsystems IPO remain unsubscribe on its second day for subscription. Only bid received are in Retail Individual Investors (RIIs) category for 11600 shares of total retail quota of 1320868 shares.

Edserv Softsystems IPO, a 100% Book Building Initial Public Offer is open for subscription on Feb 05, 2009 and closing on Feb 09, 2009.

CARE has assigned an IPO Grade 1 (Poor fundamentals) to Edserv Softsystems IPO.

4. Edserv Softsystems Limited IPO Opening on Feb 05 to Feb 09  Wednesday, January 28, 2009 11:14:56 AM

Incorporated in 2001, Edserv Softsystems Limited is India's first 4th generation education company that uses technology to efficiently synchronize manpower demand and supply in number and skills right from development to deployment.

Edserv Softsystems Limited is entering in the capital markets with an initial public offering, IPO of 39,73,908 Equity Shares for cash, at a premium to be decided through a 100% Book Built Issue.

The price band for the issue has been fixed at Rs 55/- at lower level and Rs 60/- at upper level for equity share of Rs 10/-. The issue opens on Feb 05, 2009, and closes for subscription on Feb 09, 2009. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Edserv Softsystems IPO News & Events FAQs

The Edserv Softsystems IPO is proposed to open on February 5, 2009. The IPO application ends on February 9, 2009.

Retail investors can apply in the retail or non-institutional investor category from February 5, 2009 to February 9, 2009. The Edserv Softsystems IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).

The Edserv Softsystems IPO will open for subscription on February 5, 2009. The public issue will close on February 9, 2009.