Infinite Computer Solutions India Ltd - IPO

Infinite Computer Solutions India Ltd IPO Details

Public issue of 11,503,000 Equity Shares of Rs. 10/- each of Infinite Computer Solutions (India) Limited (Infinite or the Company or the Issuer) for cash at a Price of Rs. 165 per equity share consisting of a fresh issue of 57,33,600 equity shares by the company and an offer for sale of 5,769,400 equity shares by Whiterock Investments (Mauritius) Limited, Mr. Vaibhav Bhatnagar and Mr. Sanjay Govil (the Selling Shareholders) aggregating to Rs. 189.80 Crores (the Issue). The Issue constitutes 26.17% of the fully diluted post issue paid-up capital of the Company.Issue Price : Rs. 165 per equity share of face value Rs. 10 eachThe Issue Price is 16.5 times of the face value

Objective of issue

Capital Expenditure. Acquisitions. Repayment of Debt. General Corporate Purposes.

Infinite Computer Solutions India Ltd Contact Details

Infinite Computer Solutions India Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

Phone - 91-22-40430200/28470652

Fax - 91-22-28475207

Website - www.infinite.com