Issue Price
₹58
Per Share
GMP
NIL
Grey Market
Est. Listing
₹58
Expected Price
Min. Application
₹232,000
2 lots × 2000 shares
Incorporated in 2011, InfoBeans Technologies Ltd (ITL) is software services company which develops and maintains computer software in India and internationally. ITL’s services can be broadly categorized as storage & Virtualization, Media & Publishing and eCommerce.Company offers automated testing services; enterprise cloud solutions to automate operations, such as IT helpdesk, asset management, enterprise service management, and virtual support workflow; UX and UI design services; and custom application development services, including application development, maintenance and support, migration, re-engineering and modernization, and quality assurance services. They also provides distributed storage systems; publishing services for web, mobile, and print, as well as format conversion services; and e-commerce solutions. In addition, the company offers hard-ware products.In India it operates out of 2 facilities in Indore and Pune employing more than 600 people across locations. As the company has prominence in exports, it has established local presence in the North American market by way of a 100% subsidiary, which has 2 offices located in California & Georgia, USA. ITL is ServiceNow partner for implementing their software.
InfoBeans Technologies Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 318,000 | — | ₹1.84 Cr | — |
| TOTAL | 6,342,000 | 100.00% | ₹36.78 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹116,000 |
| Retail (Max) | 13 | 26,000 | ₹1,508,000 |
| sNII (Min) | 14 | 28,000 | ₹1,624,000 |
| bNII (Min) | 68 | 136,000 | ₹7,888,000 |
| Particulars | 31-Dec-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue from Operations | 506.85 | 620.60 | 353.52 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 7158.01 | 135.61 | 54.26 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 552.21 | 468.91 | 310.85 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |