Sirissoft Limited
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  • Issue Opens : 25th Sept., 2000
  • Offer Price: Rs.10/- per share (Face Value Rs.10/- per share)
  • Issue Size: 26,00,000 shares amounting to Rs.260 lakhs
  • Registrars to the Issue:CIL Securities Limited

     
  • Issue Closes: 03rd Oct., 2000
  • Minimum Application: 200 shares @ Rs.5/- each.
  • Post-issue promoter’s stake:74.63%
  • Lead Managers:Imperial Corporate Finance & Services Pvt. Ltd.

Listing on: Mumbai and Hyderabad Stock Exchanges

Highlights of the Issue
  • Not yet acquired the premises, systems and manpower required for the project.
  • Project appraised and funded by UCO Bank, which has extended a term loan of Rs.150 lakhs.
  • Promoted by Sri Gokaraju Ganesh Kumar, aged 29 years and Sri B. Kasi Raju, aged 30 years.
  • Through the two e-commerce development centers in New Jersey and Hyderabad, provides Offshore solutions,  Offsite solutions and Onsite solutions. 
  • Leading solution provider for Processing Industry.
  • Project cost estimated at Rs.1100 lakhs.
  • Developed a B to B Extranet portal for Chemical Industry called Chemtrading.com.
  • NRIs are not permitted to apply.
  • Investment in the scrip can be considered for medium term.

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