Intrasoft Technologies Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,850,000 (50%) | — | ₹2,683 Cr |
| NII (HNI) | — | 555,000 (15%) | — | ₹805 Cr |
| Retail | — | 1,295,000 (35%) | — | ₹1,878 Cr |
| Σ Total | — | 3,700,000 (100%) | — | ₹53,650 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 | ₹5,800 |
| Retail (Max) | 13 | 520 | ₹75,400 |
| S-HNI (Min) | 14 | 560 | ₹81,200 |
| B-HNI (Min) | 67 | 2,680 | ₹388,600 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-09 | 31-Mar-08 | 31-Mar-07 |
|---|---|---|---|
| Revenue | 2,335 | 2,018 | 1,728 |
| Profit After Tax | 533 | 442 | 328 |
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 Branding and Promotion – 20.15
- 2 Purchasing a corporate office at Kolkata – 13.00
- 3 Investment in technology infrastructure – 2.00
- 4 General corporate purposes – 13.23
Company Overview
Update as of 10 Sept 2017 - Intrasoft technologies Limited is now operating in E-Commerce/Online Retail. The present Industry Sector is "Internet & Catalogue Retail". Intrasoft Technologies Limited is operating through its Wholly Owned E-Commerce Subsidiary 123Stores, Inc. USA and focuses on the US Online Retail market and was ranked as the 223 among largest Internet Retailer in USA on the Internet Retailers 2017 Top 500 list and ranked #689 in Inc. 5,000 list of fastest growing private US Companies published in 2017. The Company ( 123Stores Inc.) has strategic partnerships with Amazon.com & Ebay.com and others to sell its products to their customers, similar to a shop-in-shop format.
Incorporated in 1996, Intrasoft Technologies Limited provides electronic greeting card services through website, www.123greetings.com. 123greetings is the largest electronic greeting cards website in India and 2nd largest in the world.
123greetings has range of over 20,000 electronic greeting cards designed to cater to varying geographical and religious celebrations, occasions and other events.
Company has a team consisting of 16 creative professionals who develop in-house content including artistic, photographic and musical content for its electronic greeting cards.
Company doesn't charge its users for accessing and sending electronic greetings and derive its revenues almost entirely from online advertising revenues and software development services.