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July 15, 2008

Vishal Information Technologies Limited - IPO

Vishal Information Technologies Limited


21-Jul to 24-Jul 2008

Size (Equity Shares)



100% Book Built Issue (Initial Public Offer IPO)

Face Value 

Rs. 10- 

Price Range 

Rs 140 to Rs 150

Market Lot 


Max shares Retails investor can apply at cut off



Intime Spectrum Registry Ltd

Registrar's email

Lead Manager 

Keynote Corporate Services Ltd





About the company 

Incorporated: 1994. Subsidiary of Tutis Technologies (Biometric Products, Software Development and consulting). Branches: Mumbai and Chennai. Representative office: UK and UAE.

Special points: Among the first few companies to venture in the field of ITES/BPO services. Pioneers in the concept called "Digital Library for Visually Impaired and Blind" in respect of Classic series.

Business: Data digitization, E-publishing and digital library, Print on Demand (POD)

Objects of the Issue

# To finance the cost of expansion of the facilities in Chennai;

# To finance the cost of setting up of Quality Assurance Center and Marketing office in Mumbai;

# To set up a subsidiary in the United Kingdom and United States of America;

# General Corporate Purposes;

# Meeting the Public Issue Expenses.

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