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Allsec Technologies IPO IPO

Mainline13 Apr 200520 Apr 2005
Open
13 Apr 2005
Close
20 Apr 2005
3
Allotment
Listing
Mon, May 9, 2005
Price Band
₹135 to ₹162
Issue Size
31,41,200 shares (agg. up to ₹42 Cr)
Listing Date
Mon, May 9, 2005
✦ AI Insight

Live Subscription

CategorySubscription (times)
Total3.88x

Restated Financials (₹ Cr.)

Period Ended31 Dec 200431 Mar 200431 Mar 200231 Mar 2001
Assets26,82,453.6226,53,958.9626,60,068.029,91,564.99
Total Income41,77,399.1625,07,838.8019,94,220.408,31,390.21
Profit After Tax7,91,736.93-16,46,081.612,32,410.2286,595.84
NET Worth10,94,241.172,88,106.9719,26,466.133,83,158.81
Reserves and Surplus-6,69,627.63-14,61,364.561,84,717.05-46,848.19
Total Borrowing9,23,419.5111,47,858.054,69,117.153,90,427.14
Amount in ₹ Crore

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Setting up New Facility28.00
2Repayment of Loan Amount10.00
3Working capital requirements8.00
4Issue expenses4.00
Total50.00

About Allsec Technologies IPO

Incorporated in 1998, Allsec Technologies Limited is a Business Process Outsourcing (BPO) company headquartered in Chennai, Tamil Nadu, providing integrated front, middle and back-office process outsourcing solutions to clients in the United States and India.The company's core service offerings include inbound customer care, technology helpdesk, inbound and outbound tele-services covering sales, collections, lead generation and market research, third-party quality assurance (call quality monitoring), and HR & payroll processing. The company primarily serves clients in the financial services segment, which contributes more than 65% of its revenues. Its anchor client is CompuCredit Corporation, a US-based financial services company, with whom the company has a long-term Build-Operate-Transfer (BOT) arrangement.The company commenced commercial operations in January 2001 with an initial capacity of 100 seats and has since expanded to 700 operational seats across three facilities in Chennai — the R.A. Puram facility, the Velachery facility and an offsite facility at client premises. As of January 31, 2005, the company had 1,470 employees. It is also in the process of setting up a new 1,

Contact Details

Allsec Technologies Ltd. Address7-H, Century Plaza560/562 Anna SalaiTeynampetChennai, Tamil Nadu, 600018+91 44 2244 7070allsecipo@allsectech.comVisit Website