Infinite Computer Solutions IPO : Oversubscribed 43 times

by khalid on 14/01/2010 · 0 comments

Infinite Computer solutions (India) Limited is a global service provider of Infrastructure Management Intellectual Property(IP) leveraged solutions and IT services. The IPO of Infinite Computer Solutions is finally oversubscribed by 43.22 times on the overall side and it had very good response from even retail investors. The Price band of the issue was Rs 155 to Rs 165 per equity share. It seems that the company will set the IPO price at higher range of Rs165.
Total Issue Size was 9777550 shares, total Bids Received 422563960 shares, total Bids Received at Cut-off Price is39643600 share.

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