Exchanges
BSE, NSE
Industry
IT Enabled Services
Issue
Book building

GSS America Infotech IPO

₹500.80

+25.20% on listing

Listing-day close · NSE · 7 Mar 2008 · issue price ₹400

GSS America Infotech’s ₹140 crore IPO was priced at ₹400 a share. It listed on the NSE on 7 Mar 2008 and closed its first day at ₹500.80, up 25.20% on the issue price.

Timeline

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

Issue details

Issue size
₹140 Cr
Fresh issue
₹140 Cr
Offer for sale
—
Lot size
15 shares
Minimum investment
₹6,000
Face value
₹10
Registrar
Bigshare Services

Subscription

GSS America Infotech IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.05×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹532 Cr
Promoter holding
65.98% → 48.63%

From the offer documents.

Listing

Listing date
7 Mar 2008
Issue price
₹400
Open
₹380.00
High
₹540.00
Low
₹370.00
Close
₹500.80

Listing day on the NSE. The close was +25.20% on the issue price.

GSSAMERICA share price today

FAQs

When did the GSS America Infotech IPO open and close?

It opened on 11 Feb 2008 and closed on 15 Feb 2008.

What was the GSS America Infotech IPO price?

The price band was ₹400–440 a share. The final issue price was ₹400.

What is the lot size and minimum investment?

One lot is 15 shares, ₹6,000 at ₹400 a share. Retail investors apply in whole lots.

How much did GSS America Infotech raise?

₹140 crore: ₹140 crore of new shares.

How many times was the GSS America Infotech IPO subscribed?

1.05 times overall.

How did GSS America Infotech list?

It listed on the NSE on 7 Mar 2008 at ₹380.00 and closed the day at ₹500.80, up 25.20% on the ₹400 issue price.

Who is the registrar of the GSS America Infotech IPO?

Bigshare Services handles the allotment, refunds and credit of shares.

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

Full disclaimer

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