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Trimax IT Infrastructure files DRHP with SEBI

31 Jul 2013 Evaluate

Trimax IT Infrastructure & Services has filed the Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering of 13,050,000 shares of face value of Rs 10 each through book building process.

The issue proceed will be used for procurement of hardware, software and other equipment and for general corporate purposes. SBI Capital Markets and Anand Rathi Advisors are the book running lead managers to the issue.

Under the offer for sale portion of the issue, certain shareholders of the company have offered shares aggregating to 7,000,000 shares, while of the public issue, 6,525,000 shares will be available for allocation to Qualified Institutional Buyers (QIBs), and not less than 1,957,500 shares and 4,567,500 shares, will be available for allocation to Retail Individual Bidders and Non Institutional Bidders.

Trimax provides a range of IT solutions and services including IT infrastructure services and solutions coupled with on-site support across India, data centre services and cloud computing services.

 

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