Indicosmic Infotech Ltd - IPO

Indicosmic Infotech Ltd IPO Details

Initial public issue* of 32,00,000 equity shares of face value Rs. 10/- each (Equity Shares) of Indicosmic Infotech Limited (The Company or the Issuer) for cash at a price of Rs. [*] per equity share (including a securities premium of Rs. [*] per equity share) (Issue Price), aggregating up to Rs. [*] crores (the Issue). [*] equity shares aggregating to Rs. [*] crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of [*] equity shares of face value of Rs. 10/- each at an issue price of Rs. [*] per equity share aggregating to Rs. [*] crores is herein after referred to as the Net Issue. The issue and the net issue will constitute [*] % and [*] % respectively of the postissue paid-up equity share capital of the company.*Subject to finalisation of basis of allotmentThe face value of the equity shares is Rs. 10/- each and the issue price is [*] times of the face value.

Objective of issue

Investment in technology development. Funding capital expenditure requirements for the purchase of laptops/serices/printers. Capital expenditure towards upgradation of Regsitred office premises and purchase of furniture and fixtures. Meeting its working capital requirements. General corporate purposes.

Indicosmic Infotech Ltd Contact Details

Indicosmic Infotech Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - contact@indicosmic.com

Website - www.indicosmic.com