15 Jul 07 Omnitech Infosolutions Limited IPO : Omnitech IPO opens on 19th
Omnitech Infosolutions Limited, a Mumbai based IT services provider, is coming out with an IPO through the book building process. Omnitech Infosolutions IPO will open for subscription on 19th July 2007 and will close for subscription on 25th July 2007. Omnitech Infosolutions Limited has fixed the price band for the IPO between Rs. 90 and Rs. 105 per share. As per the DRHP, Omnitech Infosolutions Limited will use the proceeds of the IPO for business expansion and setting up overseas business units and to fund strategic investments and mergers and aquisitions. Post IPO, the shares of Omnitech Infosolutions Limited will be listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The lead managers for the Omnitech Infosolutions Limited IPO are UTI Bank Limited and Indiainfoline. The registrar for the Omnitech Infosolutions Limited IPO is Intime Spectrum Registry. For updates on the subscription / oversubscription ratio of Omnitech Infosolutions Ltd IPO and to know the IPO allotment status, refund details and listing date of Omnitech Infosolutions Ltd. IPO, do check this blog regularly. The Omnitech Infosolutions Limited is a pretty small IPO with a very small issue size of only Rs. 35 crores.
Omnitech Infosolutions Limited IPO Prospectus
For more information, read the Draft Red Herring prospectus of the Omnitech Infosolutions Limited IPO Issue.
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