Investments Ideas and Research - Of Investor, By Investor, For Investor
Stocks, Mutual Funds, Bonds, Debentures, Fixed Deposit, Real Estate

February 6, 2009

Edserv Softsystems Ltd - IPO




































































Edserv Softsystems Ltd



Period



05-Feb to 09-Feb 2009



Size (Equity Shares)



39,73,908



Type



100% Book Built Issue (Initial Public Offer IPO)



Face Value



Rs. 10-



Price Range



Rs 55 to Rs 60



Market Lot



100



Max shares Retails investor can apply at cut off



1600



Registrar



Karvy Computershare Private Limited



Registrar’s email



edserv.ipo@karvy.com



Lead Manager



Keynote Corporate Services Limited



Listing



BSE, NSE



Grading



CARE has assigned an IPO Grade 1 to Edserv Softsystems IPO. This means as per CARE, company has Poor fundamentals. CARE assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.



About the company



Chennai-based Edserv provides integrated learning and placement solutions, customised software solutions and placement consulting to clients in the field of IT and non-IT verticals. The company has three business units--ELMAQ (IT Training), Edserv (HEADS) and Lambent (Software Development).



Objects of the Issue



# Content Development;


# Establishment of HEAL laboratories;


# Establishment of Regional HEADS offices;


# Development and Implementation of centralized LAMPS Portal Engine;


# Issue Related Expenses;


# Promotional, Trademark, copyright IP rights Expenses


Read More
Related Posts Plugin for WordPress, Blogger...
© Copyright 2009-12 InvestorSouk.com. Powered by Blogger.

© 2007-2012 Investor Souk: Our Research for your USE, All Rights Reserved.

Template by ScreenWritersArena