Exchanges
BSE, NSE
Industry
IT Enabled Services
Issue
Book building

Edserv Softsystems IPO

₹136.40

+127.33% on listing

Listing-day close · NSE · 2 Mar 2009 · issue price ₹60

Edserv Softsystems’ ₹23.84 crore IPO was priced at ₹60 a share. It listed on the NSE on 2 Mar 2009 and closed its first day at ₹136.40, up 127.33% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Listing

Issue details

Issue size
₹23.84 Cr
Fresh issue
₹23.84 Cr
Offer for sale
—
Lot size
100 shares
Minimum investment
₹6,000
Face value
₹10
Registrar
Kfin Technologies

Subscription

Edserv Softsystems IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.21×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹72.04 Cr
Promoter holding
91.21% → 61.02%

From the offer documents.

Listing

Listing date
2 Mar 2009
Issue price
₹60
Open
₹60.00
High
₹147.00
Low
₹58.20
Close
₹136.40

Listing day on the NSE. The close was +127.33% on the issue price.

FAQs

When did the Edserv Softsystems IPO open and close?

It opened on 5 Feb 2009 and closed on 9 Feb 2009.

What was the Edserv Softsystems IPO price?

The price band was ₹55–60 a share. The final issue price was ₹60.

What is the lot size and minimum investment?

One lot is 100 shares, ₹6,000 at ₹60 a share. Retail investors apply in whole lots.

How much did Edserv Softsystems raise?

₹23.84 crore: ₹23.84 crore of new shares.

How many times was the Edserv Softsystems IPO subscribed?

1.21 times overall.

How did Edserv Softsystems list?

It listed on the NSE on 2 Mar 2009 at ₹60.00 and closed the day at ₹136.40, up 127.33% on the ₹60 issue price.

Who is the registrar of the Edserv Softsystems IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

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