IPO Details

Ideal Systems Ltd
Registered Office: 4th Flr N H House NidhiComplex,Nr Under Bridge Stadium 5 Road,Ahmedabad-380009, Gujarat
Tel. No: 91-79-2646 2334
Fax No:
Email: ispl@isplindia.com
Website: www.isplindia.com
Public issue of 76,26,000 equity shares of face value of Rs.10 each of Ideal Systems Limited (the "company" or the "issuer") for cash at a price of Rs. 20 per equity share including a share premium of Rs. 10 per equity share (the "issue price") aggregating to Rs. 15.25 Crores/- ("the issue"), of which 3,84,000 equity shares of face value of Rs.10 each for cash at a price of Rs.20 per equity share including a share premium of Rs. 10 per equity share aggregating to Rs. 0.77 Crores will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. Net issue of 72,42,000 equity shares of face value of Rs. 10/- each at a price of Rs. 20 per equity share aggregating to Rs. 14.48 Crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 34.99 % and 33.23% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is 2 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
01-Jan-1970 01-Jan-1970 ₹20.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 6000 Further Multiples of : 6000
(₹ Cr) Lead Managers to the Issue
Project Cost 0.00 Finshore Management Services Ltd
Project Financed through Current Offer 15.25
Post Issue Equity Share Capital 21.79
Issue Price 20.00
Projects
To Meet the Working Capital Requirement
General Corporate Purposes
Promoted By
Ketan Nalinkant Shah
Asya Infosoft Ltd
Listing At
BSE - SME
Registrar To The Issue
Aarthi Consultants Pvt Ltd