Inspirisys Solutions Ltd IPO

Closed

IPO Details

  • Open Date 28-Sep-06
  • Close Date 05-Oct-06
  • Lot Size 70
  • IPO Size ₹ 42.27 Cr
  • IPO Price Range ₹ 75
  • Min Investment ₹ 5250
  • Listing Exchange -
  • Basis of Allotment TBA
  • Refunds TBA
  • Credit to Demat Account TBA
  • Listing Date TBA

IPO Synopsis

Public issue of 5,635,950 equity shares of Rs. 10 each for cash at a price of Rs. 75 per equity share aggregating Rs.42.27 crores, comprising a fresh issue of 5,175,667 equity shares by Accel Frontline Limited (Company or Issuer) and an offer for sale of 460,283 equity shares by Intel Pacific, Inc., (Intel or the Selling Shareholder). The fresh issue and the offer for sale are jointly referred to herein as the Issue. 563,595 equity shares will be reserved in the issue for subscription by eligible employees (the employee reservation portion). The issue less the employee reservation portion shall be hereinafter referred to as the net offer to the public. The issue would constitute 25.04% of the fully diluted post issue paid-up capital of the company. Issue Price : Rs.75 per equity share of face value Rs.10 Issue price is 7.5 times the face value

How to apply for 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 Inspirisys Solutions Ltd IPO

Contact Information

1st Floor Dowlath Towers,
57 to 63 Taylors Road Kilpauk,
Chennai, Tamil Nadu 600010

Inspirisys Solutions Ltd IPO Lead Manager

Bajaj Capital LtdSBI Capital Markets Ltd

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