Infinite Computer Solutions (I) Limited has informed that it has filed the Draft Red Herring Prospectus (“DRHP”) with the Securites & Exchange Board of India to enter the capital market with its initial public offering. The public issue consists of a fresh issue of 57,33,600 equity shares by the Company and an offer for sale of 57,69,400 equity shares of Rs 10 each, at price to be decided through the 100% book building process.

Infinite Computer Solutions (India) Pvt. Ltd. is a Software Development Company focused primarily on providing state-of-the-art IT solutions and services for clients worldwide. The company, with offices in New Delhi and Bangalore, is the parent Corporation of two wholly owned subsidiary companies, US based ICS Inc. and Infinite Computer Solutions (Singapore) Pte. Ltd.

In terms of turnover, Infinite Computer Solutions is among the Top 25 India based software exporters. The company also provides Subject Matter Experts (SME). The shares are proposed to be listed on the Bombay Stock Exchange Limited (BSE) and National Stock Exchange of India Limited (NSE).

The Book Running Lead Managers (BRLM) to the Issue are India Infoline Ltd. and SPA Merchant Bankers Ltd.