Intellius Recode Ltd - IPO

Intellius Recode Ltd IPO Details

Initial public offering of up to [*] equity shares of face value Rs. 10/- each (equity shares) of Intellius Recode Limited (the company or the issuer) for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (offer price) aggregating up to Rs. [*] crores (the offer). The offer comprises of a fresh issue of upto [*] equity shares by the company aggregating upto Rs. 117.00 crores (the fresh issue) and an offer for sale of up to 1,290,000 equity shares (the offered shares) aggregating up to Rs. [*] crores by recode solutions inc. (promoter selling shareholder) (the offer for sale). The offer shall constitute [*] % of the post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot size will be decided by the company.

Objective of issue

Funding cost for development of Digital Workers by the Company. Payment of sub-contracting fees for development of Digital Workers for the Company. General corporate purposes.

Intellius Recode Ltd Contact Details

Intellius Recode Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@recodesolutions.com

Website - www.recodesolutions.com