Business Standard

Infinite Computer Solutions India Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

189.80 cr

Price Range (₹)

165

Lot Size

40

Min Investment (₹)

6,600.00

Listing Exchange

MumbaiNSE

Open Date

11-Jan-2010

Close Date

13-Jan-2010

Listing Date

03-Feb-2010

Infinite Computer Solutions India Ltd News

    The Shares of Infinite Computer Solutions India Ltd have now been listed.

    Infinite Computer Solutions India Ltd IPO Details

    Public issue of 11,503,000 Equity Shares of Rs. 10/- each of Infinite Computer Solutions (India) Limited (Infinite or the Company or the Issuer) for cash at a Price of Rs. 165 per equity share consisting of a fresh issue of 57,33,600 equity shares by the company and an offer for sale of 5,769,400 equity shares by Whiterock Investments (Mauritius) Limited, Mr. Vaibhav Bhatnagar and Mr. Sanjay Govil (the Selling Shareholders) aggregating to Rs. 189.80 Crores (the Issue). The Issue constitutes 26.17% of the fully diluted post issue paid-up capital of the Company.Issue Price : Rs. 165 per equity share of face value Rs. 10 eachThe Issue Price is 16.5 times of the face value

    Objective of issue

    Capital Expenditure. Acquisitions. Repayment of Debt. General Corporate Purposes.

    Infinite Computer Solutions India Ltd Contact Details

    Infinite Computer Solutions India Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

    Phone - 91-22-40430200/28470652

    Fax - 91-22-28475207

    Email - cs@infinite,com

    Website - www.infinite.com