Eclerx Services IPO : Review and Analysis of eClerx IPO

eClerx IPO will be opening on the 4th of December, with an offer amount of 101 crore, issuing 32.3 lakh equity shares . eClerx IPO price band is placed in between Rs. 270 and Rs. 315 . Eclerx services is an IT Services company in which the primary service of the company is to provide knowledge processing services to various clients across the globe. eClerx Services IPO subscription closes on December 7th, 2007 and the company plans to use the funds raised through the offer for devlopment facilities in India . BRLM’s to the eClerx Services IPO are JM Financial Services and Edelweiss Capital Limited. Visit us regularly for more updates and reviews reagarding the eclerx Services IPO Subscription details, Allotment and other updates of the eClerx services IPO.

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3 comments ↓

#1 Madhukar on 11.27.07 at 12:36 pm

how many times do you people think will the eClerx IPO get oversubscribed

#2 Pankaj jain on 11.27.07 at 12:45 pm

I think the issue is a very small one and the retail investors should get around 35% of the available 32 lakh shares, so for us it will be only10 lakh shares under offer for retail investors.

eClerx being a IT services company, will easily get oversubsribed by around 75 times and the allotment chances will be tough. Dont no which one to go for whether this one or BGR, i will decide based on the subscription of eclerx Services IPO on the last 2 days.

#3 LEENA on 12.04.07 at 5:30 pm

where i will see the suscription of today of eclerx

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