Infinite Computer Solutions IPO: Review Analysis & Details

An IT company is planning its IPO. Till yesterday, there was news about the BPTP IPO. Today, another company has come out with the news of IPO. It is the IT Company Infinite Computer Solutions which is planning to come out with its Initial Public Offering or IPO.
In this article, we will look at the Review, Analysis and Details of the Infinite Computer Solutions IPO and try to do the Review and analysis of Infinite Computer Solutions IPO.
Some basic details first about the Infinite Computer Solutions IPO, which are available as of now:

- The size of Infinite Computer Solutions IPO is expected to be around 1.9 billion Rs.

- India Infolinie Limited & SPA Merchant Bankers are the BRLM or Book Running lead Managers for the issue

What is the issue size of the Infinite Computer Solutions IPO?
Around 1.9 billion Rs. is the size of the IPO.

How will the capital raised by Infinite Computer Solutions IPO be used?
The news source do not quote any details about that

What is the price band of Infinite Computer Solutions IPO?
Infinite Computer Solutions shares are priced in the price band of Rs. 155-165 per share, to be determined by the book building process.

How many shares will be sold in the Infinite Computer Solutions IPO?
Around 11.5 million shares are expected to be sold. Out of that, the existing shareholders will sell around 5.77 million shares and fresh new equity shares of 5.7 million shares. Total dilution will be around 26%.

What is the trading symbol & exchange for the Infinite Computer Solutions IPO
No info is available about the trading symbol.

What are the IPO dates for Infinite Computer Solutions IPO
The IPO for Infinite Computer Solutions is going to come sometimes early 2010. The DRHP is filed with SEBI.

What are the analysts recommendations for this IPO?
No recommendations from market analysts are available as of now