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Sunday, November 8, 2009

Intrasoft Technologies to come up with an IPO

Intrasoft Technologies Ltd. is planning to enter capital market through an Initial Public Offer (IPO) in the near future. Infrasoft Technologies Ltd. is the owner of 123greetings.com, a highly popular electronic greeting cards website in India. Intrasoft Technologies IPO will consist of 37,00,000 Equity Shares, each having a Face Value of Rs.10 each. The issue will constitute 25.12% of the post issue paid up capital of the company.

The Company has filed a draft red herring prospectus (DRHP) with the Securities & Exchange Board of India (SEBI) on Thursday, November 05, 2009
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