Yes, our company is planning for expansion. Listing is on NSE only. We do business in the most of well know banks in abroad and in India. I still feel this is for more reachability of the company. Im planning to take part in the IPO.
For more details visit http://www.saksoft.com/sak_feb05/saksoftipo.pdf
Update : Aditya Krishna, our Managing Director told press "We have readymade proprietary products like Verisens which allow banks to quickly implement business intelligence solutions that enhance the value of their core business offering," regarding the IPO.
Issue price is Rs.30 (Face Value 10 + Premium 20),it is priced moderately less. 25,00,000 Lac shares @ Rs.30 yielding Rs. 7.5 Crores and opens on 30th March & Closes on 7th April. But no preference for employees ;)
The risk factor is a elongated banana leaf, it explains a lot..... and I was told by people in Admin that it is oversubcribed nearly 30 times in the 5th day of its opening!!!! I wish I will get.