Business Standard

Sasken Technologies Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

130.00 cr

Price Range (₹)

260

Lot Size

25

Min Investment (₹)

6,500.00

Listing Exchange

MumbaiNSE

Open Date

11-Aug-2005

Close Date

17-Aug-2005

Listing Date

09-Sept-2005

Sasken Technologies Ltd News

    The Shares of Sasken Technologies Ltd have now been listed.

    Sasken Technologies Ltd IPO Details

    Public Issue of Equity Shares comprising Fresh Issue of 5,000,000 Equity Shares Of Rs. 10 each at a price of Rs. 230 for cash aggregating Rs. 130 crores (referred To as the Issue) comprising 500,000 Equity Shares of Rs. 10 each reserved for the eligible Employees of the Company and a Net Offer to Public of 4,500,000 Equity shares of Rs. 10 each. The Issue would constitute 18.17% of the Fully Diluted Post Issue Paid-up Capital of the Company. The Net Offer to the Public would constitute 16.36% of the Fully Diluted Post Issue Paid-up Capital of the Company.

    Objective of issue

    Setting up of New Campus for Software Development.

    Sasken Technologies Ltd Contact Details

    Sasken Technologies Ltd, Karvy House 46, Road No 4 Street No1, Banjara Hills, Hyderabad - 500034

    Phone - 91-40-23312454/23320251

    Fax - 91-040-23311968

    Email - investor@sasken.com ; cosec@sasken.com

    Website - www.sasken.com