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123Greetings Goes IPO on 23rd of March 2010

Intrasoft Technologies Limited is the original owner of 123Greetings.com. Intrasoft Technologies Limited (Intrasoft) the company behind 123greetings.com has decided to open its Initial Public Offering (IPO) for subscription on Tuesday March 23, 2010 at a price band of Rs 137-145 and is looking to float 37 lac shares which will raise over 50 crores from the markets.

123greetings.com recieved over 15 million unique visitors last year and is by far the largest online greetings portal in India as per comscore.

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