
✓
Open
9 Feb 2007
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Close
14 Feb 2007
3
Allotment
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Listing
Wed, Mar 7, 2007
Price Band
₹365 to ₹425
Issue Size
55,93,300 shares (agg. up to ₹238 Cr)
Lot Size
15 Shares
Listing Date
Wed, Mar 7, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 102.75x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Cambridge Technology Enterprises Ltd. | Mainboard | ₹24.00 Cr | ₹38 | null | ₹100.90 | +165.53% | ₹30.39 (+0.00%) |
| Tech Mahindra Ltd. | Mainboard | ₹465.23 Cr | ₹365 | null | ₹554.25 | +51.85% | ₹1,572.90 (+3.91%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fund a new development centre in Chennai | 120.74 |
| 2 | Prepay certain loans | 18.77 |
| 3 | General corporate purposes | 75.27 |
About MindTree Consulting IPO
MindTree Consulting is an international IT company that delivers business and technology solutions through global software development. Co-headquartered in Somerset, New Jersey and Bangalore, India, the company's seasoned management team and employees skilled in technology, business analysis and project management approach technology initiatives in a business context. Organization Structure:MindTree has two business lines – Information Technology Services ("IT Services") and Research and Development Services ("R&D Services"): IT Services comprise IT strategic consulting, application development, data warehousing and business intelligence, application maintenance, package implementation and application product engineering services; R&D Services are organised into two divisions – Engineering, which provides product realisation services to technology and product firms including product architecture and product design, product re-engineering and product assurance; and Research, which conceives and develops intellectual property primarily in the short range wireless communication segment and licenses and customises such intellectual property.Clients:MindTree's top customers included thr
Contact Details
MindTree Consulting Ltd. AddressMindTree Consulting LimitedMindTree House, No.3, Block A, No.42, 27th CrossBanashankari 2nd StageBengaluru, Karnataka, 560070(91 80) 2671 1777investors@mindtree.comVisit Website