Integrated IT ServicesCompany Trimax Infrastructure and Services Ltd , has filed its Draft Red Herring Prospectus with the market regulator SEBI for a Public Issue of 13,050,000 Equity Shares of the face value of Rs 10 each through book building process, within a price band to be decided subsequently
The issue consists of a fresh issue of 6,050,000 Equity Shares and offer for sale of 7,000,000 Equity Shares
SBI Capital Markets Limited and Anand Rathi Advisors Limited are the book running lead managers to the issue
Under the offer for sale portion of the issue, certain shareholders of the Company, namely Aditya Birla Trustee Company Pvt Limited, trustee of Aditya Birla Pvt Equity Trust A/c Aditya Birla Pvt Equity- Fund I, BanyanTree Growth Capital LLC, Pratik Technologies Pvt Limited, Shrey Technologies Pvt Limited, ZP India Advisory Pvt Limited, trustee of ZP II Trimax Co-Investment Trust and ZPII Trimax Limited have offered Equity shares aggregating to 7,000,000 Equity Shares
Of the public issue, 6,525,000 Equity Shares will be available for allocation to Qualified Institutional Buyers , and not less than 1,957,500 Equity Shares and 4,567,500 Equity Shares, will be available for allocation to Non Institutional Bidders and Retail Individual Bidders, respectively. The company proposes to use the proceeds from the fresh issue for procurement of hardware, software and other equipment and for general corporate purposes
The Company provides a wide range of IT solutions and services including IT infrastructure services and turnkey solutions (coupled with on-site support across India), data centre services and cloud computing services
