Icodex Publishing Solutions Ltd - IPO

Icodex Publishing Solutions Ltd IPO Details

Initial public offer of 41,20,800 equity shares of face value of Rs. 10/- each (Equity Shares) of Icodex Publishing Solutions Limited (the Company or the Issuer) for cash at a price of Rs.102/- per equity share including a share premium of Rs.92/- per equity share (the Offer Price) aggregating to Rs. 42.03 crores (the Issue) comprising of a fresh offer of 33,96,000 equity shares aggregating to Rs. 34.64 crores (the Fresh Offer) and an offer for sale of 7,24,800 equity shares by the promoter selling shareholders (Offer for Sale) aggregating to Rs. 7.39 crores of which 2,06,400 equity shares aggregating to Rs. 2.11 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. Net Offer of 39,14,400 equity shares aggregating to Rs. 39.93 crores (the Net Offer). The offer and the net offer will constitute 26.35 % and 25.03 % respectively of the post issue paid up equity share capital of the company.

Objective of issue

Purchase of new office premises. Purchase of hardware for new office. Working capital requirement. General corporate purposes.

Icodex Publishing Solutions Ltd Contact Details

Icodex Publishing Solutions Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - cs@icodexsolutions.com

Website - https:, www.icodexsolutions.com