Fixed Price IPO | ₹24 Cr | Listed at BSE, NSE | Fri, Dec 29, 2006 - Tue, Jan 9, 2007
Cambridge Technology IPO is a fixed issue price of ₹24.00 crores. The issue is entirely a fresh issue of 0.63 crore shares of ₹24.00 crore.
Cambridge Technology IPO bidding started from Dec 29, 2006 and ended on Jan 9, 2007. The shares got listed on the NSE and the BSE on Feb 7, 2007.
Cambridge Technology IPO is set final issue price at ₹38 per share.
Centrum Capital Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to Cambridge Technology IPO RHP for detailed Information.
IPO Open
Fri, Dec 29, 2006
IPO Close
Tue, Jan 9, 2007
Issue Price
₹38 per share
Market Cap (Pre-IPO)
₹60.13 Cr
| IPO Date | 29 Dec, 2006 to 9 Jan, 2007 |
| Listed on | Wed, Feb 7, 2007 |
| Face Value | ₹10 per share |
| Issue Price | ₹38 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 63,15,945 shares (agg. up to ₹24 Cr) |
| Reserved for MF/Fis | 5,000 shares (agg. up to ₹0.0190 Cr) |
| Reserved for Private Promoter | 22,57,000 shares (agg. up to ₹9 Cr) |
| Fresh Issue | 40,53,945 shares (agg. up to ₹15 Cr) |
| Net Offered to Public | 40,53,945 shares (agg. up to ₹15 Cr) |
| Share Holding Pre Issue | 95,08,470 shares |
| Share Holding Post Issue | 1,58,24,270 shares |
| BSE Script Code / NSE Symbol | 532801 / CTE |
| ISIN | INE627H01017 |
Cambridge Technology IPO comprises a total issue size of 40,53,800 shares. The net offer to the public is 17,91,800 shares, after excluding 22,62,000 shares allotted on a firm basis. Of the Net offer 6,31,600 (15.58%) are allocated to QIB, 17,11,100 (42.21%) allocated to NII 17,11,100 (42.21%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 6,31,600 | 15.58% | 15.58% |
| NII (HNI) Shares Offered | 17,11,100 | 42.21% | 42.21% |
| Retail Shares Offered | 17,11,100 | 42.21% | 42.21% |
| Firm Reservations | |||
| Mutual Fund Shares Offered | 5,000 | 0.12% | |
| Private Promoter Shares Offered | 22,57,000 | 55.68% | |
| Total Shares Offered | 40,53,800 | 100.00% | 100.00% |
Incorporated on 28th January 1999, Cambridge Technology Enterprises Limited (CTEL) is a IT services provider based in Hyderabad (India). CTE is leading provider of comprehensive Service Oriented Architecture (SOA) - based solutions and services.
The company’s sales and onshore operations are headquartered in the heart of MIT Campus in Cambridge, Massachusetts, with regional centers in Chicago, Jacksonville (Florida) & Topeka (in Kansas State).
| Period Ended | 30 Jun 2006 | 31 Mar 2006 | 31 Mar 2005 |
|---|---|---|---|
| Assets | 10.33 | 6.93 | 3.06 |
| Total Income | 5.78 | 18.66 | 10.50 |
| Profit After Tax | 1.36 | 3.84 | 1.38 |
| NET Worth | 13.12 | 9.96 | 2.92 |
| Reserves and Surplus | 3.92 | 6.88 | 2.49 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of Facilities | 4.00 |
| 2 | Enhance IT Infrastructure | 1.00 |
| 3 | Support infrastructure | 0.50 |
| 4 | Set Up Regional Offices In US (4) | 0.75 |
| 5 | Competency centers | 1.00 |
| 6 | IP Creation, Reusable components library | 1.95 |
| 7 | Acquisitions | 15.50 |
| 8 | Preliminary costs including IPO Expenses | 2.00 |
| 9 | Working Capital | 4.00 |
| KPI | Mar 31, 2006 |
|---|---|
| RoNW | 39% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 83.27% | 64.29% |
| Market Cap | ₹60.13 Cr. |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manager’s Fees, Underwriting and Brokerage | 0.70 |
| 2 | Registrar, Legal Advisor & Auditor’s fees | 0.40 |
| 3 | Advertising and Marketing expenses | 0.30 |
| 4 | Printing & Stationery/Dispatch | 0.45 |
| 5 | Other Expenses (Depository charges, Contingencies etc) | 0.15 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹38.00 | ₹38.00 |
| Open | ₹48.90 | ₹45.00 |
| Low | ₹48.00 | ₹45.00 |
| High | ₹108.00 | ₹109.70 |
| Last Trade | ₹99.95 | ₹100.90 |
Lead Manager Reports
Cambridge Technology IPO is a main-board IPO of 63,15,945 equity shares of the face value of ₹10 aggregating up to ₹24 Crores. The issue is priced at ₹38 per share. The minimum order quantity is .
The IPO opens on Fri, Dec 29, 2006, and closes on Tue, Jan 9, 2007.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Cambridge Technology IPO using UPI as a payment gateway. Zerodha customers can apply in Cambridge Technology IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Cambridge Technology IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Cambridge Technology IPO opens on Fri, Dec 29, 2006 and closes on Tue, Jan 9, 2007.
Cambridge Technology IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Cambridge Technology IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Cambridge Technology IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Cambridge Technology IPO allotment status.
The Cambridge Technology IPO listing date is on Wed, Feb 7, 2007.
