Commex Technology Ltd IPO

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Follow - on public issue of [*] equity shares of Rs.2/- each for cash at a price of Rs.[*] including premium of Rs.[*] per equity share aggregating Rs.45.25 Crores (herein after referred to as the issue) by IT People (India) Limited (the company or the issuer). The issue is comprised of reservation upto [*] equity shares at the issue price aggregating Rs.2.26 Crores for the eligible employees of the company and reservation for group company (s) / shareholders of group company (s) upto [o] equity shares at the issue price aggregating Rs.4.53 Crores and net issue to the public of [*] equity shares at the issue price, aggregating to Rs.38.46 Crores. The issue would constitute [*]% of the fully diluted post issue paid-up capital of the company. Price band: Rs.30/- to Rs.32/- per equity share of face value Rs.2/- each Issue price is 15 times of the face value at the lower end of the price band and 16 times of the face value at the higher end of the price band.

Commex Technology Ltd IPO Subscription Details


Commex Technology Ltd

Issue Type

(Book Built Portion)

Open Date

27 Aug 2007

Close Date

31 Aug 2007

Offer Price


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Contact Details of Commex Technology Ltd IPO

Company Contact Information

Commex Technology Ltd IPO
B-401 Unit No-42 4th Floor,
Vasudev Chambers Andheri (E),
Mumbai, Maharashtra 400069.

Phone: 91-022-28200244
Email: investor@commextechnology.com

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