GVP Infotech Ltd - IPO

GVP Infotech Ltd IPO Details

Public issue of 28,92,000 equity shares of face value of Rs. 10/- each fully paid up of Fourth Dimension Solutions Limited (FDS or the company or the issuer) for cash at a price of Rs. 30/- per equity share (the issue price) (including a share premium of Rs. 20/- per equity shareAggregating Rs. 8.68 crores (the issue) by the company, of which 1,48,000 equity shares of Rs. 10/- fully paid up each will be reserved for subscription by market maker to the issue (market maker reservation portion). The issue less the market maker reservation portion i.e. issue of27,44,000 equity shares of Rs. 10/- each fully paid up is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.55 % and 25.19 %, respectively of the post issue paid Up equity share capital of the company.The face value of the equity shares is Rs. 10/- each. The issue price is Rs. 30/-. The issue price is 3.00 times the face value.

Objective of issue

Working capital requirements.

GVP Infotech Ltd Contact Details

GVP Infotech Ltd, Samhita Complex, Plot No 13 AB, Saki Naka Andheri(E), Mumbai-400072

Phone - 91-22-67720300/400

Fax - 91-22-28591568

Email - secretarial@fdsindia.co.in

Website - www.fdsindia.co.in