Firstsource Solutions Ltd - IPO

Firstsource Solutions Ltd IPO Details

Public issue of 6,93,00,000 equity shares of Rs. 10 each for cash at a price of Rs.64 per equity share (including a Share premium of Rs.54 per equity share), aggregating Rs.443.52 Crores (the issue) by Firstsource Solutions Limited (the company or the issuer). The issue consists of a fresh issue of 60,000,000 equity shares and an Offer for sale of 93,00,000 equity shares by SIF (the selling shareholder). The issue comprises a net issue to The public of 6,81,00,000 shares of Rs. 10 each (the net issue to be at least 10% of the post issue capital) and a Reservation of up to 12,00,000 shares of Rs. 10 each for the eligible employees of our company (the employee Reservation portion). The issue would constitute 16.65% of the post-issue paid-up equity capital of our Company. The net issue would constitute a minumum of 16.36% of the post-issue paid-up equity capital of our Company. Issue Price is Rs.64/- per equity share of face value Rs.10/-eachThe issue price is 6.4 times of the face value

Objective of issue

Acquisitions. Setting up of our new Facilities. Repay Certain loans of our Company. General Corporate Purposes.

Firstsource Solutions Ltd Contact Details

Firstsource Solutions Ltd, Satam Estate 3rd Fl, Cardinal Gracious Rd, Chakala Andheri (E), Mumbai 400099

Phone -

Fax -

Email - pooja.nambiar@firstsource.com

Website - www.firstsource.com