GSS America Infotech IPO Subscribed fully

GSS America Infotech IPO promoters should be very happy as the issue is fully subscribed now compared to the other recent IPO’s which were withdrawn due to poor response from the investors. GSS America Infotech IPO has received full subscription from the QIB’s and Non Institutional investors, but the issue is not fully subscribed in the retail segment and under the employees category. If the markets trade bullish today like yesterday, GSS America Infotech IPO subscription figures should be complete as the issue closes today. GSS America Infotech IPO price band is between Rs. 400 and Rs. 440 per share and the company plans to use the proceeds raised from the issue for setting up Global Delivery Centre at Hyderabad for its software operation. GSS America Infotech IPO is proposed to be listed on the BSE and NSE. More information and updates on GSS America Infotech IPO will be posted here.