Public issue of 36,46,000 equity shares of Thinksoft Global Services Ltd will open on 22nd September 2009. The IPO consists of a fresh issue of 13,50,000 equity shares and an Offer for Sale of 22,96,000 shares by Euro Indo Investments and Mr. Vinod Ganjoor. The issue would constitute 36.27 per cent of the post issue paid-up capital of the company.
It will be 100 per cent Book Build issue and its' price band is Rs. 120-130 per share of Rs. 10 each. The issue will close on 24th September 2009.
The company was founded with the objective of providing value added IT services to the global financial services sector with offshore model for financial software testing. It has a global presence through its wholly owned subsidiaries, branch offices and establishments.
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