India, October 22, 2014: ADCC Infocom, a leading GIS solutions company of India, has completed its listing on Bombay Stock Exchange (BSE). On September 26, the company had announced its plans to offer an IPO. Through the IPO, which opened on September 30, 2014 and closed on October 8, 2014, the company issued 2.4 million equity shares of the company to the public at a unit price of Rs 40.
In addition, as a part of its expansion plans the company recently inaugurated its new office at MIHAN Special Economic Zone, Nagpur. The prima facie aim of the branch office is to handle projects undertaken by ADCC International East Africa and ADCC Geosys West Africa business units.
Incorporated in 1998, ADCC Infocad is a CRISIL-rated software solution provider specialising in GIS & Engineering services solutions having clients across government and corporate segments.
Source: ADCC Infocad