Thursday, October 22, 2009

IPO Updates: Thinksoft Global services is listing on 26-October-2009, Issue priced at Rs 125 per share

For Allotment status of ThinkSoft Global services visit: Karvy IPO Allotment status

Thinksoft Global Services IPO is lisitng on BSE & NSE on October 26, 2009. Thinksoft Global Services has fixed its issue price at Rs 125 per share. This 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 issue was scheduled to close on September 24 but was extended due to cold response from investors. The closing date was extended to October 1, and price band was modified from Rs. 120-130 to Rs. 115-125 per share.

The company had come out with an initial public offering (IPO) of 36,46,000 equity shares, which was subscribed 2.57 times.
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