17 Jul 07 Zylog Systems Limited IPO : Zylog IPO Opens for Subscription on 20th
Zylog Systems Limited, a leading technology driven business solutions service provider, is coming out with an IPO through the book building process. Zylog Systems IPO will open for subscription on 20th July 2007 and will close for subscription on 25th July 2007. Zylog Systems Limited has fixed the price band for the IPO between Rs. 330 and Rs. 350 per share. As per the DRHP, Zylog Systems Limited will use the proceeds of the IPO to set up two state of the art Offshore Development Centres and to build a war chest for strategic investments and mergers and aquisitions. Zylog Systems Limited is a 100% export oriented unit and is registered with the Software Technology Parks of India. Post IPO, the shares of Zylog Systems Limited will be listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The lead manager for the Zylog Systems Limited IPO is Motilal Oswal Investment Advisors Private Limited. The registrar for the Zylog Systems Limited IPO is Karvy Computershare Private Limited. For updates on the subscription / oversubscription ratio of Zylog Systems Ltd IPO and to know the IPO allotment status, refund details and listing date of Zylog Systems Ltd. IPO, do check this blog regularly. The IPO issue size of Zylog Systems Limited IPO is about Rs. 125 crores.
Zylog Systems Limited IPO Prospectus
For more information, read the Draft Red Herring prospectus of the Zylog Systems Limited IPO Issue.
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Hi Bullish,
I have applied for ZYLOG IPO in retail sec for maximum limit(280 Shares).What is the possibility of allotment?
Regards,
Sreenivas.
date of listing & share allot meant
don’t invest in zylog systems. I am an employee of this bleady concern. They all are frouds.