Bookbuilding IPO | ₹135 Cr | Listed at BSE, NSE | Tue, Oct 25, 2005 - Fri, Oct 28, 2005
Prithvi Information Solutions IPO is a book build issue of ₹135.00 crores. The issue is entirely a fresh issue of 0.50 crore shares of ₹135.00 crore.
Prithvi Information Solutions IPO bidding started from Oct 25, 2005 and ended on Oct 28, 2005. Prithvi Information Solutions IPO will list on NSE and BSE with a tentative listing date fixed as Nov 16, 2005.
Prithvi Information Solutions IPO is set final issue price at ₹270 per share.
Anand Rathi Advisors Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Prithvi Information Solutions IPO DRHP for detailed Information.
IPO Open
Tue, Oct 25, 2005
IPO Close
Fri, Oct 28, 2005
Issue Price
₹270 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 25 to 28 Oct, 2005 |
| Listed on | Wed, Nov 16, 2005 |
| Face Value | ₹10 per share |
| Price Band | ₹250 to ₹270 |
| Issue Price | ₹270 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 50,00,000 shares (agg. up to ₹135 Cr) |
| Fresh Issue | 50,00,000 shares (agg. up to ₹135 Cr) |
| Share Holding Pre Issue | 1,30,77,000 shares |
| Share Holding Post Issue | 1,80,77,000 shares |
| BSE Script Code / NSE Symbol | 532675 / PRITHVI |
| ISIN | INE700C01013 |
Prithvi Information Solutions IPO comprises a total issue size of 50,00,000 shares. The net offer to the public is 45,50,000 shares, after excluding 4,50,000 shares under a preferential allotment. Of the Net offer 22,75,000 (50.00%) are allocated to QIB, 6,82,500 (15.00%) allocated to NII 15,92,500 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 22,75,000 | 50.00% | 45.50% |
| NII (HNI) Shares Offered | 6,82,500 | 15.00% | 13.65% |
| Retail Shares Offered | 15,92,500 | 35.00% | 31.85% |
| Preferential Reservations | |||
| Employee Shares Offered | 4,50,000 | 9.00% | |
| Total Shares Offered | 50,00,000 | 100.00% | 100.00% |
| Category | Limit | Cut-off |
|---|---|---|
| RII | Up to ₹2 Lakhs | Yes |
| sNII | ₹2 Lakhs – ₹10 Lakhs | No |
| bNII | Above ₹10 Lakhs | No |
| Employee (EMP) | Up to ₹2 Lakhs | Yes |
| Employee + RII/NII | Up to ₹2Lakhs (EMP) + RII 'OR' NII limits | Yes (EMP/RII) |
Incorporated in July 24, 1998, Prithvi Information Solutions Ltd is a global IT and business process outsourcing company providing technology-driven solutions to clients across the US and India. The company specializes in application development, enterprise solutions, product development, data processing, business intelligence, analytics, and process outsourcing services such as helpdesk and transaction processing.
The company operates on a Global Delivery Model, leveraging offshore development centers in Hyderabad and Bangalore along with a strong on-site presence in multiple US locations. Its diversified service offerings cater to industries including banking & finance, healthcare, manufacturing, logistics, and e-governance.
Prithvi serves over 85 clients, with a high repeat business rate of ~65%, reflecting strong customer relationships. It has achieved rapid growth since inception, supported by strategic alliances with technology leaders and a scalable business model.
Prithvi is ISO 9001 certified and has established strategic alliances with global technology providers. Its key strengths include a scalable delivery model, strong client relationships, diversified service offerings, and consistent growth in revenues over the years.
| Period Ended | 30 Jun 2005 | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|---|
| Assets | 121.41 | 104.71 | 72.47 | 53.95 |
| Total Income | 97.99 | 305.47 | 241.18 | 193.36 |
| Profit After Tax | 10.23 | 28.84 | 18.20 | 20.77 |
| NET Worth | 121.17 | 104.71 | 71.53 | 53.24 |
| Reserves and Surplus | 107.12 | 94.24 | 65.55 | 47.30 |
| Total Borrowing | 0.23 | 0.94 | 0.71 | |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting Up Of The ODC-Building | 60.00 |
| 2 | Setting Up Of The ODC-Interiors | 12.00 |
| 3 | Setting Up Of The ODC-Computer and other capital Assets | 19.00 |
| 4 | Working Capital | 49.00 |
| 5 | Issue Expenses | 10.00 |
| Total | 150.00 |
| KPI | Jun 30, 2005 | Mar 31, 2005 |
|---|---|---|
| RoNW | 8.63% | 33.39% |
| Price to Book Value | 2.61 |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 55.97% | 40.5% |
The Prithvi Information Solutions IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 15.27 | 50,00,000 | 7,63,70,414 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Management Fees | 1.50 |
| 2 | Underwriting Commission | 1.50 |
| 3 | Selling Commission | 1.50 |
| 4 | Advertisement and Marketing expenses | 2.00 |
| 5 | Printing and Stationery | 1.50 |
| 6 | Registrar to the Issue | 0.10 |
| 7 | Others (legal fee, listing fee, etc) | 1.90 |
| Total | 10.00 |
| Price Details | NSE | BSE |
|---|---|---|
| Final Issue Price | ₹270.00 | ₹270.00 |
| Open | ₹338.85 | ₹324.00 |
| Low | ₹279.10 | ₹278.25 |
| High | ₹343.70 | ₹340.00 |
| Last Trade | ₹282.60 | ₹282.30 |
Prithvi Information Solutions IPO is a main-board IPO of 50,00,000 equity shares of the face value of ₹10 aggregating up to ₹135 Crores. The issue is priced at ₹270 per share. The minimum order quantity is .
The IPO opens on Tue, Oct 25, 2005, and closes on Fri, Oct 28, 2005.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Prithvi Information Solutions IPO using UPI as a payment gateway. Zerodha customers can apply in Prithvi Information Solutions IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Prithvi Information Solutions IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Prithvi Information Solutions IPO opens on Tue, Oct 25, 2005 and closes on Fri, Oct 28, 2005.
Prithvi Information Solutions IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Prithvi Information Solutions 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 Prithvi Information Solutions IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Prithvi Information Solutions IPO allotment status.
The Prithvi Information Solutions IPO listing date is on Wed, Nov 16, 2005.
