Infinite Computer Solutions India Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 5,751,500 (50%) | — | ₹9,490 Cr |
| NII (HNI) | — | 1,725,450 (15%) | — | ₹2,847 Cr |
| Retail | — | 4,026,050 (35%) | — | ₹6,643 Cr |
| Σ Total | — | 11,503,000 (100%) | — | ₹189,800 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 40 | ₹6,600 |
| Retail (Max) | 13 | 520 | ₹85,800 |
| S-HNI (Min) | 14 | 560 | ₹92,400 |
| B-HNI (Min) | 67 | 2,680 | ₹442,200 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Capital Expenditure – 25.745
- 2 Acquisition(s) – 38.00
- 3 Repayment of Debt – 8.497
- 4 General Corporate Purposes – 22.500
- 5 Expenses related to Fresh Issue – 7.186
Company Overview
Infinite Computer Solutions is a global service provider of Infrastructure Management Services, Intellectual Property (IP) Leveraged Solutions, and IT Services, focused on the Telecom, Media, Technology, Manufacturing, Power and Healthcare industries. Infinite Computer services span from Application Management Outsourcing, Packaged Application Services, Independent Validation and Verification, Product Development and Support, to higher value-added offerings including Managed Platform and Product Engineering Services.
Infinite Computer's major customers includes Verizon, IBM, ACS, GE and AOL. Company have 14 offices across the globe, including offices in multiple locations in the US, UK, India, China, Malaysia, Singapore and Australia. Infinite is one of the leading providers of telecom- specific offerings to service providers, OEMs and ISVs in the Telecom vertical, globally. For fiscal year 2008-09, the telecom vertical contributed to 59.4% of their total revenues.