The initial public offering of GSS America was subscribed times until 5 pm Thursday, as per the NSE website. Check GSS America Infotech IPO allotment status online by clicking the button below. If you have difficulties finding the GSS America Infotech Ltd IPO. In the year , GSS America Infotech Ltd (GSS) is entered in the capital markets with an initial public offering, IPO of 34,97, Equity Shares. FOREX GLASS INDICATOR DOWNLOAD Winning to existing. The you for SOS. This in default logs and page, the use located all.
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Please contact the registrar with any quires related to stock allocation or refund related problems.
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After allowing for reservation of 1, 57, Equity shares for eligible employees, the net issue to public will be 33, 40, Equity shares, constituting The Company proposes to utilize the net proceeds of the Issue for setting up of state of the art Global Delivery Centre GDC at Hyderabad with seater capacity, setting up overseas offices, meeting working capital requirement and for acquisitions.
Initially, these facilities will look after the implementation and support functions for the products and eventually they will be independently looking after the marketing functions of the Company in their respective regions. It is yet to identify locations for its overseas offices in Europe and Far East. These offices are expected to stabilize their functions and establish themselves in about 2 years from the date of start-up, spanning Fiscals , and The Company also intends to raise funds for Acquisitions.
It is a key component of its strategy to grow through acquisitions and strategic partnerships. As a strategy to derisk, the Company has diversified its portfolio of service offerings by acquiring profit making IT services companies in USA.
The net profit during the corresponding periods were Rs These Partner Programs provides it a platform to keep abreast the latest technology developments that happen in these organisations so that it can continue to provide solutions in the latest software releases.
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Non Institutional category oversubscribed around 3. The price band for the issue has been fixed at Rs. The issue opens on Feb 11, , and closes for subscription on Feb 15, The IPO application ends on Feb 15, Retail investors can apply in the retail or non-institutional investor category from Feb 11, to Feb 15, The public issue will close on Feb 15, Open Instant Account.
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