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Open
30 Mar to 4 Apr, 2005
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Close
30 Mar to 4 Apr, 2005
3
Allotment
—
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Listing
Thu, May 26, 2005
Price Band
₹90 to ₹100
Issue Size
2,30,00,000 shares (agg. up to ₹230 Cr)
Listing Date
Thu, May 26, 2005
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 5.15x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2004 | 31 Mar 2004 | 31 Mar 2003 | 31 Mar 2002 |
|---|---|---|---|---|
| Assets | 355.36 | 319.35 | 268.21 | 225.35 |
| Total Income | 210.21 | 232.04 | 219.56 | 266.09 |
| Profit After Tax | 16.26 | 4.37 | 11.56 | 3.52 |
| NET Worth | 229.88 | 223.40 | 215.97 | 202.07 |
| Reserves and Surplus | 18.56 | 11.61 | 18.96 | 29.59 |
| Total Borrowing | 125.99 | 94.26 | 47.49 | 10.15 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Saksoft Ltd. | Mainboard | ₹7.50 Cr | ₹30 | 26.35 | ₹100.80 | +236.00% | ₹179.06 (-1.32%) |
| Tata Consultancy Services Ltd. | Mainboard | ₹5,420.49 Cr | ₹850 | null | ₹987.95 | +16.23% | ₹2,269.00 (+3.02%) |
| Datamatics Technologies Ltd. | Mainboard | ₹113.30 Cr | ₹110 | 22.71 | ₹164.75 | +49.77% | ₹846.00 (-0.54%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Redemption of Preference Share Capital | 150.00 |
| 2 | Repayment of Short-term loans and long-term loans | 93.87 |
| 3 | Issue Expenses | 11.32 |
| Total | 255.19 |
About 3I Infotech IPO
Incorporated in 1993 as a wholly-owned subsidiary of ICICI Limited, 3i Infotech Limited is engaged in providing a range of information technology solutions to companies worldwide, with a primary focus on the banking, insurance and financial services industries. The company was formerly known as ICICI Infotech Limited and adopted its current name with effect from January 20, 2005.The company operates two primary lines of business — a Products Business comprising proprietary software solutions for the banking, insurance and financial services industries as well as enterprise resource planning solutions, and a Services Business comprising custom software development, deployment, maintenance, IT infrastructure management and business process outsourcing services. Its key product suites include banking solutions such as NEWTON, Kastle, Pinnacle and Riskfree, the PREMIA suite for insurance management, and the ORION suite for enterprise resource planning across manufacturing, retail and distribution industries.3i Infotech operates through three global development centres located at Vashi (near Mumbai), Bangalore and Chennai, and maintains wholly-owned subsidiaries in Singapore, Malaysia,
Contact Details
3I Infotech Ltd. AddressTower # 5, 3rd to 6th FloorsInternational Infotech Park, VashiNavi Mumbai, Maharashtra, 40070391 22 5592 80903iinvestors@3i-infotech.comVisit Website