Bookbuilding IPO | ₹170 Cr | Listed at BSE, NSE | Mon, Oct 30, 2006 - Thu, Nov 2, 2006

Info Edge IPO is a book build issue of ₹170.36 crores. The issue is entirely a fresh issue of 0.53 crore shares of ₹170.36 crore.
Info Edge IPO bidding started from Oct 30, 2006 and ended on Nov 2, 2006. The shares got listed on the NSE and the BSE on Nov 21, 2006.
Info Edge IPO is set final issue price at ₹320 per share. The lot size for an application is 20 shares. The minimum amount of investment required by an individual investor (retail) is ₹6,400 (20 shares) (based on upper price). The lot size investment for sNII is 32 lots (640 shares), amounting to ₹2,04,800, and for bNII, it is 157 lots (3,140 shares), amounting to ₹10,04,800.
Citigroup Global Markets India Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Info Edge IPO RHP for detailed Information.
IPO Open
Mon, Oct 30, 2006
IPO Close
Thu, Nov 2, 2006
Issue Price
₹320 per share
Market Cap (Pre-IPO)
₹873.45 Cr
| IPO Date | 30 Oct to 2 Nov, 2006 |
| Listed on | Tue, Nov 21, 2006 |
| Face Value | ₹10 per share |
| Price Band | ₹290 to ₹320 |
| Issue Price | ₹320 per share |
| Lot Size | 20 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 53,23,851 shares (agg. up to ₹170 Cr) |
| Fresh Issue | 53,23,851 shares (agg. up to ₹170 Cr) |
| Share Holding Pre Issue | 2,19,71,405 shares |
| Share Holding Post Issue | 2,72,95,256 shares |
| BSE Script Code / NSE Symbol | 532777 / NAUKRI |
| ISIN | INE663F01024 |
Info Edge IPO comprises a total issue size of 53,23,851 shares. The net offer to the public is 47,91,466 shares, after excluding 5,32,385 shares under a preferential allotment. Of the Net offer 28,74,880 (60.00%) are allocated to QIB, 4,79,146 (10.00%) allocated to NII 14,37,440 (30.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue | Max Allottees |
|---|---|---|---|---|
| QIB Shares Offered | 28,74,880 | 60.00% | 54.00% | NA |
| NII (HNI) Shares Offered | 4,79,146 | 10.00% | 9.00% | NA |
| Retail Shares Offered | 14,37,440 | 30.00% | 27.00% | 71,872 |
| Preferential Reservations | ||||
| Employee Shares Offered | 5,32,385 | 10.00% | NA | |
| Total Shares Offered | 53,23,851 | 100.00% | 100.00% | |
Investors can bid for a minimum of 20 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 20 | ₹6,400 |
| Retail (Max) | 31 | 620 | ₹1,98,400 |
| S-HNI (Min) | 32 | 640 | ₹2,04,800 |
| S-HNI (Max) | 156 | 3,120 | ₹9,98,400 |
| B-HNI (Min) | 157 | 3,140 | ₹10,04,800 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Info Edge (India) Limited is an India-based company engaged in the business of providing online classifieds and certain related services. The Company operates its business principally through four different divisions: www.Naukri.com, www.Jeevansathi.com and www.99acres.com. It provides recruitment classifieds and services through its Naukri.com and Quadrangle business divisions. Info Edge (India) Limited provides recruitment classifieds and related services to job seekers and employers and recruitment consultants through its Website, www.naukri.com, as well as through its office network. Through the Quadrangle division, the Company provides executive search services to its various corporate customers in the information technology and information technology-enabled services. It provides matrimonial classifieds and related services through its Website, www.jeevansathi.com. The Company offers a real estate classifieds service through its Website, www.99acres.com.
| Period Ended | 30 Jun 2006 | 31 Mar 2006 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|---|
| Assets | 30.12 | 24.91 | 12.65 | 8.02 |
| Total Income | 29.32 | 84.06 | 45.12 | 19.47 |
| Profit After Tax | 5.22 | 13.29 | 0.31 | 2.43 |
| EBITDA | 8.88 | 24.21 | 4.93 | 4.66 |
| Reserves and Surplus | 7.27 | 2.26 | 6.17 | 5.86 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Diversification of Business and Expansion Into New Markets | |
| 2 | Buying/Lease of Office Space | |
| 3 | Product Enhancement and Developing Alternate Delivery Models | |
| 4 | Acquisitions/Strategic Alliances | |
| 5 | Development of 99acres.com and Jeevansathi.com | |
| 6 | General Corporate Purposes |
| KPI | |
|---|---|
| RoNW | 54% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 67.83% | 54.6% |
| Market Cap | ₹873.45 Cr. |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹320.00 | ₹320.00 |
| Open | ₹480.00 | ₹451.05 |
| Low | ₹480.00 | ₹451.05 |
| High | ₹623.80 | ₹623.80 |
| Last Trade | ₹593.20 | ₹592.55 |
Lead Manager Reports
Info Edge IPO is a main-board IPO of 53,23,851 equity shares of the face value of ₹10 aggregating up to ₹170 Crores. The issue is priced at ₹320 per share. The minimum order quantity is 20.
The IPO opens on Mon, Oct 30, 2006, and closes on Thu, Nov 2, 2006.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Info Edge IPO using UPI as a payment gateway. Zerodha customers can apply in Info Edge IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Info Edge IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Info Edge IPO opens on Mon, Oct 30, 2006 and closes on Thu, Nov 2, 2006.
Info Edge IPO lot size is 20, and the minimum amount required for application is ₹6,400.
You can apply in Info Edge 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 Info Edge IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Info Edge IPO allotment status.
The Info Edge IPO listing date is on Tue, Nov 21, 2006.