IPO Information
Firstsource Solutions Limited made a public offer in February 2007 and was listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in India on February 22nd 2007. The public issue was for 69,300,000 equity Shares of Rs.10 each for cash at a price of Rs.64 per equity share (which includes a share premium of Rs.54 per equity share), aggregating Rs. 4,435.2 million. The issue has received 358,329 applications for 3,417,911,555 equity shares, resulting in 49.32 times subscription.
The details of the subscription received in the Issue from QIBs, non-institutional, retail categories and employees are as under:
Category |
No. of Applications |
No. of Equity Shares bid |
Subscription |
| Qualified Institutional Buyers |
271 |
2,908,733,800 |
71.18 times |
| Non-Institutional Bidders |
777 |
273,426,925 |
40.15 times |
| Retail Individual Bidders |
356,667 |
233,037,730 |
11.40 times |
| Employees |
614 |
2,713,100 |
2.26 times |
|