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February 5, 2009 - February 9, 2009

Edserv Softsystems IPO Latest News Today

Track all the latest updates and news of Edserv Softsystems IPO.

  1. Edserv Softsystems

    June 12, 2022 9:45:00 AM

    The Securities and Exchange Board of India (Sebi) had conducted an investigation into the initial public offer (IPO ... Edserv Softsyst consolidated Dec '12 sales at Rs 2.45 crore Edserv ...

    Published by : moneycontrol.com

Edserv Softsystems IPO Alerts

1. IPO Allotment/Listing - Edserv Softsystems Limited  Monday, March 2, 2009 8:52:26 AM

1. IPO Allotment Status is now available online for Edserv Softsystems Limited IPO.

Edserv Softsystems Limited IPO was open on February 5 ,2009 and closed on February 9, 2009. IPO was oversubscribed by 1.30 times (1.0223 times in retail).

2. Edserv Softsystems Limited IPO Listing Info:

IPO Listing Date: Monday, March 2, 2009
BSE Script Code: 533055
NSE Symbol: EDSERV
Listing in: B Group
ISIN: INE889J01019
Issue Price: Rs. 60 Per share (Face Value of Rs. 10/-)
Face Value: Rs 10/- Per Equity Share

2. Edserv Softsystems IPO final bidding Info  Monday, February 9, 2009 8:41:14 AM

Edserv Softsystems Limited IPO fully subscribed on its closing day. Issue received 1.30 times bids for its IPO stocks. Retail quota of the issue subscribed 1.0223 times and QIB's subscribed 1.0776 times. Employees didn't show much interest and only subscribed 0.0390 times but Non Institutional category shows good interest and subscribed 3.1048 times.

 EDSERV SOFTSYSTEMS LIMITED - Bid details

Sr.No. Category No.of shares offered/reserved No. of shares bid for No. of times of total meant for the category
1 Qualified Institutional Buyers (QIBs) 1886954 2033300 1.0776
1(a) Foreign Institutional Investors (FIIs)   2033300  
1(b) Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)   0  
1(c) Mutual Funds   0  
1(d) Others   0  
2 Non Institutional Investors 566086 1757600 3.1048
2(a) Corporates   1083300  
2(b) Individuals (Other than RIIs)   444700  
2(c) Others   229600  
3 Retail Individual Investors (RIIs) 1320868 1350300 1.0223
3(a) Cut Off   1309700  
3(b) Price Bids   40600  
4 Employee Reservation 200000 7800 0.0390
4(a) Cut Off   0  
4(b) Price Bids   7800

3. Edserv Softsystems IPO remain unsubscribe on its day 2  Friday, February 6, 2009 8:48:40 AM

Edserv Softsystems IPO remain unsubscribe on its second day for subscription. Only bid received are in Retail Individual Investors (RIIs) category for 11600 shares of total retail quota of 1320868 shares.

Edserv Softsystems IPO, a 100% Book Building Initial Public Offer is open for subscription on Feb 05, 2009 and closing on Feb 09, 2009.

CARE has assigned an IPO Grade 1 (Poor fundamentals) to Edserv Softsystems IPO.

4. Edserv Softsystems Limited IPO Opening on Feb 05 to Feb 09  Wednesday, January 28, 2009 11:14:56 AM

Incorporated in 2001, Edserv Softsystems Limited is India's first 4th generation education company that uses technology to efficiently synchronize manpower demand and supply in number and skills right from development to deployment.

Edserv Softsystems Limited is entering in the capital markets with an initial public offering, IPO of 39,73,908 Equity Shares for cash, at a premium to be decided through a 100% Book Built Issue.

The price band for the issue has been fixed at Rs 55/- at lower level and Rs 60/- at upper level for equity share of Rs 10/-. The issue opens on Feb 05, 2009, and closes for subscription on Feb 09, 2009. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Edserv Softsystems IPO News & Events FAQs

The Edserv Softsystems IPO is proposed to open on February 5, 2009. The IPO application ends on February 9, 2009.

Retail investors can apply in the retail or non-institutional investor category from February 5, 2009 to February 9, 2009. The Edserv Softsystems IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).

The Edserv Softsystems IPO will open for subscription on February 5, 2009. The public issue will close on February 9, 2009.