Vishal Information Technologies Limited - IPO

July 14, 2008 · Filed Under IPO · Comment 

Vishal Information Technologies Limited

Period 

21-Jul to 24-Jul 2008

Size (Equity Shares)

27,90,000

Type 

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

 

Registrar 

Intime Spectrum Registry Ltd

Registrar’s email 

vitl.ipo@intimespectrum.com

Lead Manager 

Keynote Corporate Services Ltd

Listing 

BSE, NSE

Grading 

 

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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KSK Energy - Listed below Issue price

July 14, 2008 · Filed Under Listing Price · Comment 
KSK Energy which had ipo price of 240 rs listed today in the bourses but below the issue price at 232 and traded at 180 almost at 10 to 12 percent discount rate .The KSK Energy IPO had got 1.5 time subscription.

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