Business Standard

Allied Digital Services Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

85.93 cr

Price Range (₹)

190

Lot Size

35

Min Investment (₹)

6,650.00

Listing Exchange

MumbaiNSE

Open Date

02-Jul-2007

Close Date

05-Jul-2007

Listing Date

25-Jul-2007

Allied Digital Services Ltd News

    The Shares of Allied Digital Services Ltd have now been listed.

    Allied Digital Services Ltd IPO Details

    Public issue of 45,22,435 equity shares of Rs. 10 each for cash at a price of Rs.190 per equity share (including a share premium of Rs.180 per equity share) aggregating to Rs.85.93 Crores, (hereinafter referred to as the issue), by Allied Digital Services Limited (the company, or the issuer). The issue comprises a reservation for employees of up to 2,00,000 equity shares aggregating Rs.3.80 Crores (theemployee reservation portion) and the net issue to the public consists of 43,22,435 equity shares of Rs.10 each aggregating Rs.82.12 Crores (net issue to public). The issue would constitute 25% of the fully diluted post-issue capital of the company.Issue price Rs. 190 per Equity Share of face value of Rs. 10 each. The Issue price is 19 times of the face value.

    Objective of issue

    Setting up of a Global Service Delivery Centre. Upgradation & Expansion of Existing Infrastructure. Setting up of new strategic Business Units. Strategic Acquisition. Financing Working Capital Requirements.

    Allied Digital Services Ltd Contact Details

    Allied Digital Services Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - investors@allieddigital.net, cs@allieddigital.net

    Website - www.allieddigital.net