InfoBeans Technologies Limited IPO

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InfoBeans Technologies Ltd (ITL) is software services company which develops and maintains computer software in India and internationally. ITL 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 provide 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 hardware 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 a 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 partner for implementing their software.

InfoBeans Technologies Limited IPO Stock Quote & Charts

60.00

-0.08%

  • Open: 61.90
  • High - Low: 61.90 - 60.00
  • Previous Close: 60.05
  • Total Traded Volume: 4000
  • Updated On: 14-Nov-2018

Objects of the InfoBeans Technologies Limited IPO:

1. Acquisitions and Other Strategic Initiatives 2. Technical Development 3. Investment in their Subsidiaries 4. Advertising and Sales Promotion 5. General Corporate Purposes 6. Issue Expenses.

InfoBeans Technologies Limited IPO Details:

Open Date: Apr 18 2017
Close Date: Apr 21 2017
Total Shares: 6,342,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue IPO
Issue Size: 36.78 Cr.
Lot Size: 2000 Shares
Issue Price: ₹ 58 Per Equity Share
Listing At: NSE Emerge
Listing Date: May 02 2017

Promoters And Management:

1. Mr. Siddharth Sethi 2. Mr. Avinash Sethi 3. Mr. Mitesh Bohra

Financials of InfoBeans Technologies Limited IPO:

Summary of financial Information
Particulars For the year/period ended (in Rs. Million)
31-Dec-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
Total Assets 5,522.11 4,689.08 3,108.49 2,626.36 1,446.98 1,004.64
Total Revenue 5,068.47 6,206.02 3,535.18 3,311.47 2,190.29 1,581.70
Profit After Tax (PAT) 715.83 1,356.11 542.56 913.57 435.83 255.60

Lead Manager of InfoBeans Technologies Limited IPO:

  1. Sarthi Capital Advisors Private Limited

Registrar of InfoBeans Technologies Limited IPO:

  1. Link Intime India Private Limited

Company Address:

InfoBeans Technologies Limited 601-602, Rafael Tower 8/2, Old Palasia Indore 452001 Phone: +91 731 6704000 Fax: +91 731 6704000 Email: info@infobeans.com Website: www.infobeans.com

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