Thinksoft Global Services Ltd IPO closes today

Thinksoft Global Services Limited was incorporated on June 8, 1998 as Relliant Global Services (India) Private Limited in Bangalore, Karnataka.

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital for establish new testing center, to meet issue expenses, to get the shares listed on Stock Exchanges.

Issue Detail:

• Issue Open: Sep 22, 2009 - Sep 24, 2009
  Issue Size: 3,646,000 Equity Shares of Rs 10
  Issue Size (Rs Crore): 43.75 - 47.40
  Face Value: Rs 10 Per Equity Share
  Issue Price: Rs 120 - Rs 130 Per Equity Share (Lot size: 50)
  Listing At: BSE, NSE

ICRA has assigned an IPO Grade 2 to Thinksoft Global Services Ltd IPO. You can view its prospect here

Tag from Author: Avoid

QIB: 0.00
HNI: 1.0985
Retail: 1.2954
Total: 0.62