Edserv Softsystems Ltd IPO

Closed

Subscription Details

  • Open Date 05 Feb
  • Close Date 09 Feb
  • Lot Size 100
  • IPO Size ₹ 23.84 Cr
  • IPO Price Range ₹ 60
  • Min Investment ₹ 6000

Edserv Softsystems Ltd IPO Timeline

Open Date
05 Feb
Close Date
09 Feb
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 39,73,908 Equity Shares of Rs.10/- each of Edserv Softsystems Limited (ESSL or the company or the issuer) for cash at a price of Rs. 60/- per equity share (including a share premium of Rs. 50/- per equity share) aggregating to Rs. 23.84 Crores (the issue) out of which 2,00,000 equity shares have been reserved for eligible employees (employee reservation portion). The net issue to the public shall be 37,73,908 equity shares for cash at a price of Rs. 60/- per equity share including a share premium of Rs. 50/- per equity share (the net issue). The issue would constitute 33.10% of the post issue paid-up capital of the company and the net issue would constitue 31.43% of the post issue paid-up capital of the company. Issue Price : Rs. 60/- per equity share of face value of Rs. 10/- each. The Issue price is 6.0 times of the face value

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Edserv Softsystems Ltd IPO

Contact Information

Address

24/1 I Flr Thambiah Reddy Road,
West Mambalam,
Chennai, Tamil Nadu 600033

Edserv Softsystems Ltd IPO Lead Manager

Ashika Capital LtdKeynote Corporate Services Ltd
Open Demat Account