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Open
18 Apr 2017
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Close
21 Apr 2017
3
Allotment
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Listing
Tue, May 2, 2017
Price Band
₹58 per share
Issue Size
63,42,000 shares (agg. up to ₹37 Cr)
Lot Size
2,000 Shares
Listing Date
Tue, May 2, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 32.54x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2016 | 31 Mar 2016 | 31 Mar 2015 | 31 Mar 2014 |
|---|---|---|---|---|
| Assets | 55.22 | 46.89 | 31.08 | 26.26 |
| Total Income | 50.68 | 62.06 | 35.35 | 33.11 |
| Profit After Tax | 7.16 | 13.42 | 5.43 | 9.14 |
| NET Worth | 48.24 | 41.08 | 27.75 | 22.01 |
| Reserves and Surplus | 43.19 | 36.03 | 22.70 | 17.11 |
| Total Borrowing | 2.65 | 0.07 | 0.03 | 1.06 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Larsen & Toubro Infotech Ltd. | Mainboard | ₹1,236.38 Cr | ₹710 | null | ₹697.60 | -1.75% | ₹4,504.00 (+3.27%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Acquisitions and Other Strategic Initiatives | 14.50 |
| 2 | Technical Development | 8.20 |
| 3 | Investment in the Subsidiaries | 5.00 |
| 4 | Advertising and Sales Promotion | 1.75 |
| 5 | General Corporate Purposes | 5.50 |
| 6 | Issue Expenses | 1.83 |
About InfoBeans Technologies IPO
Incorporated in 2011, InfoBeans Technologies Ltd (ITL) is software services company which develops and maintains computer software in India and internationally. ITL’s services can be broadly categorized as storage & Virtualization, Media & Publishing and eCommerce.Company offers automated testing services; enterprise cloud solutions to automate operations, such as IT helpdesk, asset management, enterprise service management, and virtual support workflow; UX and UI design services; and custom application development services, including application development, maintenance and support, migration, re-engineering and modernization, and quality assurance services. They also provides distributed storage systems; publishing services for web, mobile, and print, as well as format conversion services; and e-commerce solutions. In addition, the company offers hard-ware products.In India it operates out of 2 facilities in Indore and Pune employing more than 600 people across locations. As the company has prominence in exports, it has established local presence in the North American market by way of a 100% subsidiary, which has 2 offices located in California & Georgia, USA. ITL is ServiceNow p
Contact Details
InfoBeans Technologies Ltd. Address601-602, Rafael Tower 8/2Old PalasiaIndore, Madhya Pradesh, 452001+91- 731- 6704000info@infobeans.comVisit Website