GSS Infotech Ltd IPO

IPO Synopsis

Public issue of 34,97,495 equity shares with face value of Rs. 10 each (equity shares) for cash at a price of Rs.400/- per equity share (including a premium of Rs.390/- per equity share) aggregating to Rs.139.90 crores (the issue). The issue comprises of 1,57,495 equity shares with face value of Rs. 10 each for cash at a price of Rs.400/- per equity share (including a share premium of Rs.390/- per equity share) aggregating to Rs.6.30 crores reserved for eligible employees of the company (employee reservation). The net issue to public will be of 33,40,000 equity shares with face value of Rs. 10 each aggregating to Rs.133.60 crores. The issue Shall constitute 25.11% of the post issue paid up capital of our company. Issue Price is Rs.400/- per Equity Share of face value Rs. 10. The Issue price is 40 times of the face value

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