Sasken Technologies Ltd - IPO

Sasken Technologies Ltd IPO Details

Public Issue of Equity Shares comprising Fresh Issue of 5,000,000 Equity Shares Of Rs. 10 each at a price of Rs. 230 for cash aggregating Rs. 130 crores (referred To as the Issue) comprising 500,000 Equity Shares of Rs. 10 each reserved for the eligible Employees of the Company and a Net Offer to Public of 4,500,000 Equity shares of Rs. 10 each. The Issue would constitute 18.17% of the Fully Diluted Post Issue Paid-up Capital of the Company. The Net Offer to the Public would constitute 16.36% of the Fully Diluted Post Issue Paid-up Capital of the Company.

Objective of issue

Setting up of New Campus for Software Development.

Sasken Technologies Ltd Contact Details

Sasken Technologies Ltd, Karvy House 46, Road No 4 Street No1, Banjara Hills, Hyderabad - 500034

Phone - 91-40-23312454/23320251

Fax - 91-040-23311968

Email - investor@sasken.com, cosec@sasken.com

Website - www.sasken.com