Business Standard

Infibeam Avenues Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

450.00 cr

Price Range (₹)

432

Lot Size

34

Min Investment (₹)

14,688.00

Listing Exchange

MumbaiNSE

Open Date

21-Mar-2016

Close Date

23-Mar-2016

Listing Date

04-Apr-2016

Infibeam Avenues Ltd News

    The Shares of Infibeam Avenues Ltd have now been listed.

    Infibeam Avenues Ltd IPO Details

    Public issue of 10,416,666 equity shares of face value Rs. 10 each (The Equity shares) of Infibeam Incorporation Ltd. (The Company Or the Issuer) for cash at a price of Rs. 432 per equity share (Including a share premium of Rs. 422 per equity share) aggregating up to Rs. 450.00 Crores. The issue constitutes 19.62% of the post-issue paid-up equity share capital of the company.Issue Price : Rs. 432/- per Equity Share of Face Value of Rs. 10/- each.The Issue Price is 43.2 times the face value.

    Objective of issue

    Setting up of cloud data centre & purch. of prop.. Setting up of 75 logistics centres. Purchase of software. General corporate purposes.

    Infibeam Avenues Ltd Contact Details

    Infibeam Avenues Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - ir@ia.ooo

    Website - www.ia.ooo