Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today ...
Speaking to CNBC-TV18, Upinder Zutshi, managing director of Infinite Computer Solutions, said, "We have guided about USD 40 million revenues only looking at that deal and the existing client, but the more interesting part is to extend that product platform and cover some of the other newer technology."
D Ravi Kumar, the CMD of Acropetal Technologies Ltd, in an interview on CNBC-TV18 said in FY11, the company clocked Rs 28 crore profit on a consolidated basis. He also added that they planned on maintaining their CAGR os 37% and that new acquisitons would add to the company's topline.
CNBC-TV18's managing editor Udayan Mukherjee says Acropetal Tech is not more than a Rs 200 crore company. "I doubt whether that will actually be spoken about a lot after the listing day excitement. I know the grey market price is quite significant but the issue should not receive great subscription."
Bangalore-based IT service provider Acropetal Technologies' Rs 170 crore initial public offering (IPO) opened for subscription on Monday.