Incorporated in 1999, GSS America Infotech Ltd (GSS) is a leading Global IT Services company, focused on providing scalable and cost-effective IT solutions using Global Delivery Model.
Expertise in IT Consulting, Enterprise Application Integration, and IT Infrastructure Management, GSS America has established itself as a leading provider of IT services that transform company performance and operational effectiveness.
Microsoft, TIBCO, BEA are company's key technology partners. GSS Client's includes Ernst & Young, Blue Cross Blue Shield of NC, BMC Software, Kelly Services, Thomson, Aurora Healthcare, WR Grace & Co, TDS Telecom, Pepsi Co, etc. As a strategy to de-risk, the Company has diversified its portfolio of service offerings by acquiring profit making IT services companies in USA. GSS have software solutions design / development centres and marketing offices in Chicago U.S.A. and Global Delivery Centres in Hyderabad, India.
Objects of the Issue:
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
Setting up of state of the art Global Delivery Centre at Hyderabad with 1000 seater capacity. This would involve construction of a building, doing its interiors, along with purchase of computers and other equipments;
Setting up overseas offices;
Meeting working capital requirement;
Acquisitions;
Meet general corporate purposes;
Meet expenses of the Issue in order to achieve the benefits of listing on the Stock Exchanges.
GSS America Infotech Ltd (GSS) IPO Information
»» Public Issue Open: February 11, 2008 to February 15, 2008 »» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO) »» Public Issue Size: 34,97,495 Equity Shares of Rs. 10/- »» Face Value: Rs. 10/- »» Public Issue Price: Rs 400/- to Rs 440/- »» Market Lot: 15 Shares »» Minimum Order Quantity: 15 Shares »» Maximum Subscription Amount for Retail Investor: Rs 100,000/- »» Listing: BSE, NSE »» Lead Manager: Religare Securities Ltd »» Registrar: Bigshare Services Pvt Ltd (Ph: +91-22-2847 3747 Email:bighshare@bom7.vsnl.net.in)
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