Indicosmic Infotech Ltd. IPO was a Book Build Issue
The equity shares were proposed to be listed on the NSE SME. Comfort Securities Ltd. was the book running lead manager and Kfin Technologies Ltd. was the registrar of the issue.
IPO Date | [.] |
Listing Date | [.] |
Face Value | ₹10 per share |
Issue Price Band | [.] to [.] per share |
Lot Size | |
Sale Type | Fresh Capital |
Issue Type | Bookbuilding IPO |
Listing At | NSE SME |
Share Holding Pre Issue | 83,99,000 shares |
Share Holding Post Issue | 1,15,99,000 shares |
Investor Category | Shares Offered |
---|---|
QIB Shares Offered | Not more than 50.00% of the Net Issue |
Retail Shares Offered | Not less than 35.00% of the Net Issue |
NII Shares Offered | Not more than 15% of the Net Issue |
Description | Date |
---|---|
Filed with SEBI/Exchange | Fri, Mar 7, 2025 |
Offer document returned | Thu, Apr 24, 2025 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in December 2016, Indicosmic Capital Limited specializes in online insurance training (POS/MISP) modules and provides specialized software solutions tailored to the insurance, wealth management, and automobile industries.
The company offers a SaaS platform that provides solutions for automobile manufacturers and NBFCs, along with services for automobile owners.
The company's CRM supports roadside assistance, repair services, RSA claims processing, real-time support, and data management.
The company provides IT-enabled services, offering customized multilingual training modules for insurance agents and tailored insurance software for seamless policy management, including policy issuance, endorsements, and renewals, bundled with Annual Maintenance Contracts (AMC) as after-sale services for insurance companies and brokers.
As of January 31, 2025, the company has an agreement with 1 OEM, 1 NBFC, 3 RSA service providers, and over 5,515 two-wheeler dealers to access the CRM platform.
As of January 31, 2025, the company had 67 and 15 contractual employees.
Competitive Strength
Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
Assets | 13.95 | 11.02 | 5.45 | 0.78 |
Total Income | 20.1 | 37.46 | 20.81 | 12.74 |
Profit After Tax | 1.42 | 4.16 | 2.43 | 0.11 |
Net Worth | 10.37 | 8.94 | 1.98 | -2.45 |
Reserves and Surplus | 1.97 | 0.54 | -5.02 | -7.45 |
Total Borrowing | 0.37 | 0.04 | 0.19 | |
Amount in ₹ Crore |
KPI | Values |
---|---|
ROE | 46.55% |
ROCE | 70.46% |
RoNW | 46.55% |
PAT Margin | 11.13% |
The Company Indicosmic Capital IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. | Objects of the Issue | Expected Amount (in Millions) |
---|---|---|
1 | Funding capital expenditure requirements for the purchase of laptops/servers/printers | 13.24 |
2 | Capital expenditure towards upgradation of Registered Office premises and purchase of furniture and fixtures | 10.35 |
3 | Meeting the Working Capital Requirements | 52.5 |
4 | General Corporate Expenses |
Indicosmic Infotech Ltd.
101, Baba House, 86, M.V. Road, Opp. Cine Magic
Cinema, W.E. Highway, Andheri East, Chakala
MIDC,
Mumbai, Maharashtra, 400093
Phone: +91 97029 17888
Email: contact@indicosmic.com
Website: https://www.indicosmic.com/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: indicosmic.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Indicosmic Infotech IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at . The minimum order quantity is .
The Indicosmic Infotech IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Indicosmic Infotech IPO using UPI as a payment gateway. Zerodha customers can apply in Indicosmic Infotech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Indicosmic Infotech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Indicosmic Infotech IPO dates are not announced. Please check back again after some time.
Indicosmic Infotech IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Indicosmic Infotech IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Indicosmic Infotech IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Indicosmic Infotech IPO allotment status.
The Indicosmic Infotech IPO listing date is not yet announced. The tentative date of Indicosmic Infotech IPO listing is [.].
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