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Four Soft IPO at premium of Rs 20

Hyderabad, November 17, 2003 -- Four Soft is entering the capital market with an initial public issue of 79.5 lakh shares of Rs 5 each at a premium of Rs 20 per share.

The company which develops enterprise solutions for supply chain management, has already filed the draft prospects with SEBI.

The company launched its first product eSupply SP in 2001 and eSupply EP is expected to go live by January 2004. Both the products cater to the Logistics solutions space.

The equity shares would be listed on the National Stock Exchange and the Stock Exchange, Mumbai.

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