S Giridharan, chief executive officer of Edserv Softsystems in an interview to CNBC-TV18 spoke about the latest happenings in the company and the road ahead.
Edserv Softsystems will raise up to USD 35 million through a GDR. S Giridharan, Edserv Softsystems said, the company had initially given a 50% top-line growth guidance. “But now that the GDR has been finalised, we would like to increase that by 10%. So, 60% growth could be expected compared to the last financial year,” he added.
Speaking to CNBC-TV18, S Giridharan, CEO of Edserv Softsystems, said that the company is on the expansion mode and it is aiming to post 50% growth in FY12.