R Systems has made public offer of 4,408,355
equity shares of Rs. 10 each for cash at a price of
Rs. 250/- per equity share aggregating Rs. 1,102.09
million, comprising fresh issue of 2,825,000 equity
shares of Rs. 10 each and an offer for sale of aggregate
of 1,583,355 equity shares of Rs. 10 each by the selling
shareholders (the fresh issue and the offer for sale
are jointly referred to herein as the "Offer").
The Offer comprises of a reservation for employees
of 440,355 equity shares of Rs. 10 each and a net
offer to the public of 3,968,000 equity shares of
Rs. 10 each (the "net offer"). The Offer
would constitute 32.57% of the fully diluted post
offer paid-up capital of our company.
The public issue, which opened for subscription on
March 28, 2006 was oversubscribed by 3.62 times.
The shares of the Company are listed on the National
Stock Exchange (NSE) and the Bombay Stock Exchange,
Mumbai (BSE) beginning April 26, 2006.
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