IPO News

Thinksoft Global Services Ltd - IPO Details



Posted On : 2009-09-20 23:18:40( TIMEZONE : IST )

Thinksoft Global Services Ltd - IPO Details

Thinksoft Global Services Limited was incorporated on June 8, 1998 as Relliant Global Services (India) Private Limited in Bangalore, Karnataka.

Thinksoft is a Banking, Financial Services and Insurance (BFSI) focused software testing enterprise. Thinksoft operates as a specialist and niche player in the financial and insurance software testing space. Company's service in the area of testing and business requirements assurance includes functional testing, performance testing, test automation and Requirements Documentation services.

Thinksoft Global Services Ltd IPO Grading / Rating

ICRA has assigned an IPO Grade 2 to Thinksoft Global Services Ltd IPO. This means as per ICRA, company has Below average fundamentals. ICRA assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.

Issue OpenSep 22, 2009
Issue CloseSep 24, 2009
Price BandRs. 120 - Rs 130 Per Equity Share
Minimum Bid Size50 EquityShares
Issue Size3,646,000 Equity Shares of Rs 10
Issue Size (Crore)Rs. 43.75 - Rs. 47.40
Face ValueRs 10 Per Equity Share
Issue Type100% Book Built Issue IPO
Listing AtBSE, NSE
Maximum Subscription Amount for Retail InvestorRs.100000
Book Running Lead ManagersKarvy Investor Services Limited
RegistrarKarvy Computershare Private Limited

Source : Equity Bulls

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