Trimax IT Infrastructure & Services has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India ( SEBI ) for an initial public offering ( IPO ) of 11,977,000 equity shares of face value of Rs 10 each for cash at a price to be decided through the book-building process.
The company will be using the issue proceed for procurement of hardware, software and other equipment;prepayment of a portion of the debt availed by the company; acquisition of corporate office; and for general corporate purposes.
The Book Running Lead Managers to the issue are Kotak Mahindra Capital Company, Religare Capital Markets and SBI Capital Markets.
Trimax IT Infrastructure & Services provides cloud computing services, data centre services, IT infrastructure solutions and services and turnkey solutions.