IPO Issue Details
Issue Price / Price Band₹145 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size40 Shares per Lot
Total Issue Size37,00,000 shares (aggregating up to ₹53.65 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenTue, 23 Mar 2010
Subscription CloseFri, 26 Mar 2010
Anchor AllotmentMon, 22 Mar 2010
Basis of AllotmentThu, 01 Apr 2010
Initiation of RefundsFri, 02 Apr 2010
Credit of Shares to DematFri, 02 Apr 2010
Listing DateMon, 12 Apr 2010
UPI Mandate Deadline2010-03-26
Application & Investment Details
Retail — Min (1 Lots)₹5,800 — 40 shares
Retail — Max (13 Lots)₹75,400 (13 Lots)
HNI — Min (173 Lots)₹10,03,400 — 6,920 shares
Pre-IPO Promoter Holding1,10,31,678 shares
Post-IPO Promoter Holding1,47,31,678 shares
About Intrasoft Technologies Ltd.
Update as of 10 Sept 2017 - Intrasoft technologies Limited is now operating in E-Commerce/Online Retail. The present Industry Sector is "Internet & Catalogue Retail". Intrasoft Technologies Limited is operating through its Wholly Owned E-Commerce Subsidiary 123Stores, Inc. USA and focuses on the US Online Retail market and was ranked as the 223 among largest Internet Retailer in USA on the Internet Retailers 2017 Top 500 list and ranked #689 in Inc. 5,000 list of fastest growing private US Companies published in 2017. The Company ( 123Stores Inc.) has strategic partnerships with Amazon.com & Ebay.com and others to sell its products to their customers, similar to a shop-in-shop format.Incorporated in 1996, Intrasoft Technologies Limited provides electronic greeting card services through website, www.123greetings.com. 123greetings is the largest electronic greeting cards website in India and 2nd largest in the world.123greetings has range of over 20,000 electronic greeting cards designed to cater to varying geographical and religious celebrations, occasions and other events.Company has a team consisting of 16 creative professionals who develop in-house content including artistic, photographic and musical content for its electronic greeting cards.Company doesn't charge its users for accessing and sending electronic greetings and derive its revenues almost entirely from online advertising revenues and software development services.
Objects of the Issue
Intrasoft Technologies Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Branding and Promotion
20.15
2
2 Purchasing a corporate office at Kolkata
13.00
3
3 Investment in technology infrastructure
2.00
4
4 General corporate purposes
13.23
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,10,31,678 shares
Post-IPO Promoter Holding
1,47,31,678 shares