The initial public offering (IPO) of Thinksoft Global Services was open till 22-Sep-09 to 24-Sep-09. Due to poor response from HNI and QIB investors this closing date was extended upto 01-Oct-09 and price band was modified to Rs 115-125 from Rs 120-130 per share.
Thinksoft Global IPO subscribed 2.25 times as per the NSE website. The issue received total bids for 82,13,950 shares against its issue size of 36,46,000.
The IPO consisted a fresh issue of 13.5 lakh shares and an offer for sale of 22.96 lakh shares by Gibraltar-based fund, Euro Indo Investments.
Karvy Investor Services were the book running lead managers to the issue.
