Business Standard

IQ Infotech Ltd - IPO

Issue Type

Public Issue

Issue Size (₹ Cr.)

4.32 cr

Price Range (₹)

16

Lot Size

100

Min Investment (₹)

1,600.00

Listing Exchange

BombayBangalore

Open Date

05-Feb-2001

Close Date

12-Feb-2001

Listing Date

23-Apr-2001

IQ Infotech Ltd News

    IQ Infotech Ltd IPO Details

    Public issue of 55,00,000 equity shares of Rs 10 each for cash at a premium of Rs 6/- per share(Price of Rs 16 per share) aggregating Rs 8.80 cr. (Out of which 28,00,000 equity shares of Rs 10/- each for cash at a premium of Rs 6/- each reserved for FII/Banks/Mutual Funds on competitive allotment basis and NRIs/OCBs on competitive and repatriable basis).

    Objective of issue

    Expansion of software/hardware&IT enabled services. Expansion of software/hardware&IT enabled services. Development of e-commerce/web based project facli.. Exp. of software&IT enabled srvc. training center. Setting up a office.

    IQ Infotech Ltd Contact Details

    IQ Infotech Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

    Phone - 91-44-28462700

    Fax - 91-44-28460129

    Email -

    Website -