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PROSPECTUS Please read Section 60B of the Companies Act, 1956 Dated February 10, 2004 100% Book Building Issue...

Patni Computer Systems Limited...

(Our Company was incorporated on February 10, 1978 as a private limited company under the Companies Act, 1956. In 1988, our Company became a deemed public company and was converted into a private limited company on April 15, 1991. On July 1, 1995, our Company became a deemed public company and on June 27, 2002, our Company was converted into a private limited company. Our Company became a public limited company on September 18, 2003) Registered Office S-1A Irani Market Compound, Yerawada, Pune 411 006 Tel +91 20 669 3457 Fax +91 20 669 3859 Website www.patni.com Corporate Office Akruti Softech Park, MIDC Cross Road No. 21, Andheri East, Mumbai 400 093 Tel +91 22 5693 0500 Fax +91 22 5693 0211 Email patniipo@patni.com PUBLIC ISSUE OF 18,724,000 EQUITY SHARES COMPRISING FRESH ISSUE OF 13,400,000 EQUITY SHARES OF Rs.2 EACH AT A PRICE OF Rs.230 FOR CASH AGGREGATING Rs.3,082.0 MILLION AND OFFER FOR SALE OF 5,324,000 EQUITY SHARES OF Rs.2 EACH AT A PRICE OF Rs.230 FOR CASH AGGREGATING Rs.1,224.5 MILLION (COLLECTIVELY REFERRED TO AS THE "OFFER"). THE OFFER WOULD CONSTITUTE 15% OF THE FULLY DILUTED POST OFFER PAID-UP CAPITAL OF THE COMPANY. The Offer is being made through the 100% book building process wherein 60% of the Offer shall be offered on a discretionary basis to qualified institutional buyers. Further, not less than 15% of the Offer shall be available for allocation on a proportionate basis to Non Institutional bidders and not less than 25% of the Offer shall be available for allocation on a proportionate basis to retail bidders, subject to valid bids being received within the Price Band. If at least 60% of the Offer cannot be allotted to qualified institutional bidders then the entire application money shall be refunded forthwith. In case of delay, if any, in refund, the Company shall pay interest on the application money at the rate of 15% per annum for the period of delay. RISK IN RELATION TO FIRST OFFER This being the first offer of Equity Shares of the Company, there has been no formal market for the Equity Shares of the Company. The Offer Price (as determined by the Company, in consultation with the Book Running Lead Managers ("BRLMs"), on the basis of assessment of market demand for the Equity Shares by way of book building) should not be taken to be indicative of the market price of the Equity S...

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IPO Offer Document media 158005 patni ipo offer document

About MASTECH, INC.

High - Impact business outcomes and strategic outsourcing solutions - iGATE Patni provides full - spectrum consulting, technology & business process outsourcing and product engineering services.

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