Thinksoft Global Services will list its equity shares issued via public issue
Thinksoft Global Services will list its equity shares issued via public issue on the exchanges on October 26, 2009. It has fixed issue price at Rs 125 per share.
The company had come out with an initial public offering (IPO) of 36,46,000 equity shares, which was subscribed 2.57 times.
The issue was scheduled to close on September 24 but was extended due to lukewarm response from investors.
The company had also reduced its IPO price band to Rs 115-125 from Rs 120-130 per share. The issue had opened for subscription on September 22, 2009 and closed on October 1.
The IPO consisted a fresh issue of 13.5 lakh shares and an offer for sale of 22.96 lakh shares by Gibraltar-based fund, Euro Indo Investments.
Karvy Investor Services was the book running lead manager to the issue.
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