GSS America will debut on 7th March'08

Thebullishtrends: GSS America shares will list on 7th March'08 in stock exchanges. Earlier GSS America entered into the capital market and issued shares at Rs.10 each with a price band of Rs.400-440 and the issue subscribed only 1.08 times. With these funds the company proposed to set up state of the art Global Delivery Centre in Hyderabad with 1000 seater capacity, to set up overseas offices and for working capital requirements. GSS America mainly involves in Enterprise Application Integration and Instructure Management. It is better for investors to exit from this counter once the stock listed in stock exchanges as we are not expecting decent gains from this stock.