Public issue of 39,73,908 Equity Shares of Rs.10/- each of Edserv Softsystems Limited (ESSL or the company or the issuer) for cash at a price of Rs. 60/- per equity share (including a share premium of Rs. 50/- per equity share) aggregating to Rs. 23.84 Crores (the issue) out of which 2,00,000 equity shares have been reserved for eligible employees (employee reservation portion). The net issue to the public shall be 37,73,908 equity shares for cash at a price of Rs. 60/- per equity share including a share premium of Rs. 50/- per equity share (the net issue). The issue would constitute 33.10% of the post issue paid-up capital of the company and the net issue would constitue 31.43% of the post issue paid-up capital of the company.Issue Price : Rs. 60/- per equity share of face value of Rs. 10/- each.The Issue price is 6.0 times of the face value