The Chennai-based firm had raised Rs 45.57 crore through the recently concluded IPO. Thinksoft Global Services' IPO ended on 1 October 2009 with subscription of 2.25 times. The IPO got bids for 82.12 lakh shares as against 36.46 lakh shares on offer.
Thinksoft Global Services had on 24 September 2009 extended the closing date of the IPO to 1 October 2009 from the earlier 24 September 2009 as the issue failed to garner sufficient subscription. Also the company had lowered its price band for its initial public offer (IPO) to Rs 115-125 per share from the earlier price band of Rs 120-130 per share.
Monday, November 9, 2009
Thinksoft Global recovers after a dismal debut
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