Cogent E-Services Ltd - IPO

Cogent E-Services Ltd IPO Details

Initial public offering of up to [*] equity shares of face value of Rs. 2 each (the Equity Shares) of Cogent E-Services Limited (The Company or the Company or the Issuer) for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (the Offer Price) aggregating up to Rs. [*] crores (the Offer). the offer comprises a fresh issue of up to [*] equity shares aggregating up to Rs. 150.00 crores by the company (the Fresh Issue) and an offer for sale of up to 9,468,297 equity shares (the Offered Shares) aggregating up to Rs. [*] crores, comprising an offer for sale of up to 1,539,318 equity shares aggregating up to Rs. [*] crores by Abhinav Singh, up to 1,539,318 equity shares aggregating up to Rs. [*] crores by Arunabh Singh, up to 1,539,318 equity shares aggregating up to Rs. [*] crores by Gaurav Abrol, up to 1,539,318 equity shares aggregating up to Rs. [*] crores by Pranjal Kumar, up to 1,839,418 equity shares aggregating up to Rs. [*] crores by Boomerang Technology LLP (Boomerang), and up to 1,471,607 equity shares aggregating up to Rs. [*] crores by TSSR Technology LLP (TSSR), and together with Abhinav Singh, Arunabh Singh, Gaurav Abrol, Pranjal Kumar and Boomerang, the Selling Shareholders who are also the promoters, and such offer by selling shareholders, the Offer for Sale). The offer would constitute at least [*]% of the post-offer paid-up equity share capital of the company.The company may, in consultation with the book running lead managers (the brlms), consider a further issue of equity shares, including by way of a private placement of equity shares, aggregating up to Rs. 30.00 crores, prior to filing of the roc (pre-ipo placement). If the pre-ipo placement is undertaken, it will be at a price to be decided by the company and the selling shareholders in consultation with the brlms and the fresh issue size will be reduced to the extent of such pre-ipo placement, subject to the offer (comprising the fresh issue so reduced by the amount raised from the preipo placement, and the offer for sale) complying with rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended (scrr).The price band and the minimum bid lot will be decided by the company.

Objective of issue

Funding investment in IT assets for expansion and existing IT infrastructure of the Company. Funding working capital requirements of the Company. General corporate purposes.

Cogent E-Services Ltd Contact Details

Cogent E-Services Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@cogentservices.com

Website - www.cogentservices.com