Inspirisys Solutions Ltd - Prospectus Synopsis

Inspirisys Solutions Ltd RHP

Registered Office : 1st Floor Dowlath Towers , 57 to 63 Taylors Road Kilpauk , Chennai - 600010 , Tamil Nadu , India.

Phone :   Fax :

Email :    Website :

Public issue of 5,635,950 equity shares of Rs. 10 each for cash at a price of Rs. 75 per equity share aggregating Rs.42.27 crores, comprising a fresh issue of 5,175,667 equity shares by Accel Frontline Limited (Company or Issuer) and an offer for sale of 460,283 equity shares by Intel Pacific, Inc., (Intel or the Selling Shareholder). The fresh issue and the offer for sale are jointly referred to herein as the Issue. 563,595 equity shares will be reserved in the issue for subscription by eligible employees (the employee reservation portion). The issue less the employee reservation portion shall be hereinafter referred to as the net offer to the public. The issue would constitute 25.04% of the fully diluted post issue paid-up capital of the company. Issue Price : Rs.75 per equity share of face value Rs.10 Issue price is 7.5 times the face value

Issue Money Payable On
Opens On Closes On Application Allotment
28-Sep-2006 05-Oct-2006 Rs 75 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 70 Further Multiples of : 70
  Rs Cr Lead Managers to the Issue
Project Cost 0 Bajaj Capital Ltd
Project Financed through Current Offer 42.27  
Post Issue Equity Share Capital 22.51  
Issue Price Rs. 75  
Fund regional/global expansion & acquire or invest
Promoted By Listing At Registrar to the Issue
Accel Limited
Frontline Technolog. Corp. Ltd
N R Panicker
Mumbai Link Intime India Pvt Ltd

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