Cambridge Technology Enterprises Ltd - IPO

Cambridge Technology Enterprises Ltd IPO Details

Public issue of 63,15,800 equity shares of Rs. 10/- each for cash at a price of Rs. 38 per equity share inclusive of premium aggregating Rs. 24.00 crores including promoters contribution of 22,57,000 equity shares of Rs. 10/- each for cash at a price of Rs. 38 per equity share and 5000 equity shares of Rs. 10/- each being offered to Centrum Capital Limited on a firm basis at a price of Rs. 38 per equity share inclusive of premium. Thus net offer to the public is 40,53,800 equity shares of Rs. 10/- for cash at a price of Rs. 38 per equity shares inclusive of premium. The face value of the equity shares is Rs. 10/- and the issue price of Rs. 38 is 3.8 times of the face value. The net issue constitutes 25.65% of the post issue paid up capital of Cambridge Technology Enterprises Limited.

Objective of issue

Expansion of Facilities. Enhance IT Infrastructure. Support Infrastructure. Set up regional office in US(4). Competency Centers. IP creation, reusable components library. Acquisitions. Working Capital.

Cambridge Technology Enterprises Ltd Contact Details

Cambridge Technology Enterprises Ltd, E-2/3 Saki Vihar Rd, Ansa Indl Estate, Saki Naka Andheri-E, Mumbai - 400 072

Phone - 91-22-40430200

Fax - 91-22-28475207

Email - investors@ctepl.com

Website - www.ctepl.com