Business Standard

Cambridge Technology Enterprises Ltd - IPO

Issue Type

Public Issue

Issue Size (₹ Cr.)

24.00 cr

Price Range (₹)

38

Lot Size

150

Min Investment (₹)

5,700.00

Listing Exchange

MumbaiNSE

Open Date

29-Dec-2006

Close Date

09-Jan-2007

Listing Date

07-Feb-2007

Cambridge Technology Enterprises Ltd News

    The Shares of Cambridge Technology Enterprises Ltd have now been listed.

    Cambridge Technology Enterprises Ltd IPO Details

    Public issue of 63,15,800 equity shares of Rs. 10/- each for cash at a price of Rs. 38 per equity share inclusive of premium aggregating Rs. 24.00 crores including promoters contribution of 22,57,000 equity shares of Rs. 10/- each for cash at a price of Rs. 38 per equity share and 5000 equity shares of Rs. 10/- each being offered to Centrum Capital Limited on a firm basis at a price of Rs. 38 per equity share inclusive of premium. Thus net offer to the public is 40,53,800 equity shares of Rs. 10/- for cash at a price of Rs. 38 per equity shares inclusive of premium. The face value of the equity shares is Rs. 10/- and the issue price of Rs. 38 is 3.8 times of the face value. The net issue constitutes 25.65% of the post issue paid up capital of Cambridge Technology Enterprises Limited.

    Objective of issue

    Expansion of Facilities. Enhance IT Infrastructure. Support Infrastructure. Set up regional office in US(4). Competency Centers. IP creation, reusable components library. Acquisitions. Working Capital.

    Cambridge Technology Enterprises Ltd Contact Details

    Cambridge Technology Enterprises Ltd, E-2/3 Saki Vihar Rd, Ansa Indl Estate, Saki Naka Andheri-E, Mumbai - 400 072

    Phone - 91-22-40430200

    Fax - 91-22-28475207

    Email - investors@ctepl.com

    Website - www.ctepl.com