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Thinksoft's IPO opens next week

Last Updated 17 September 2009, 15:44 IST

Thinksoft Global Services Ltd on Thursday announced that it is entering the capital market with a public issue of 36.46 lakh equity shares of Rs 10 each through a 100 per cent book building route.

The IPO consists of a fresh issue of 13.50 lakh shares and an offer for sale of 22.96 lakh shares by Euro Indo Investments and Vinod Ganjoor. The issue would constitute 36.27 per cent of the post issue paid-up equity capital. The price band is Rs 120 to Rs130, the company announced in a press meet here. The company’s profit after tax stood at Rs 14.49 crores on a gross revenue of Rs 95.66 crores in 2008-09.

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(Published 17 September 2009, 15:44 IST)

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