Business Standard

eClerx Services Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

101.00 cr

Price Range (₹)

315

Lot Size

20

Min Investment (₹)

6,300.00

Listing Exchange

MumbaiNSE

Open Date

04-Dec-2007

Close Date

07-Dec-2007

Listing Date

31-Dec-2007

eClerx Services Ltd News

    The Shares of eClerx Services Ltd have now been listed.

    eClerx Services Ltd IPO Details

    Public issue by Eclerx Services Limited (company or issuer) of 32,06,349 equity Shares of Rs.10/- each (equity shares) for cash at a price of Rs.315/- per equity share aggregating to Rs.101.00 Crores (the issue). The issue comprises a fresh issue of 23,16,349 equity shares aggregating to Rs. 72.97 crores (fresh issue) and an offer for sale by Mr.P.D Mundhra, Mr.Anjan Malik and Burwood Ventures Limited, (being the existing shareholders of the company) of 890,000 equity shares aggregating to Rs.28.03 Crores (offer for sale). The issue will constitute 16.99% of the fully diluted equity share capital of our company.Issue Price is Rs.315/- per equity share.The issue price is 31.5 times of the face value

    Objective of issue

    Fund Acquisitions. Infrastructure Investments. Setting up of additional facilities. General Corporte Purposes.

    eClerx Services Ltd Contact Details

    eClerx Services Ltd, Plot No 17-24, Vittal Rao Nagar, Madhapur, Hyderabad-500081

    Phone - 91-040-44655185/44655000

    Fax - 91-040-23420814/23420857

    Email - investor@eclerx.com

    Website - www.eclerx.com