MUMBAI, July 31, 2013: Integrated IT services company Trimax
Infrastructure
& Services Limited (‘The Company”) has filed its Draft Red Herring
Prospectus (DRHP) 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 Private
Limited, trustee of Aditya Birla Private Equity Trust A/c Aditya Birla Private
Equity- Fund I, BanyanTree Growth Capital LLC, Pratik Technologies Private
Limited, Shrey Technologies Private Limited, ZP India Advisory Private 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.
The Company is
proposing, subject to receipt of requisite approvals, market conditions and
other considerations, to make an initial public offering of its equity
shares and has filed a DRHP with the SEBI. The DRHP is available on
SEBI website at www.sebi.gov.in as
well as on the website of the book running lead managers at www.sbicaps.com and www.rathi.com. Investors should note that investment in equity shares involves a high
degree of risk and for details relating to the same, see the section titled
“Risk Factors” of the offer document. Investors should
not rely on the DRHP filed with the SEBI.
“This communication
is not an offer to sell or a solicitation of any offer to buy the shares (the
“Securities”) of Trimax IT Infrastructure & Services Limited (the
“Company”) in the United States. The Securities are not being registered under
the United States Securities Act of 1933, as amended (the “Securities Act”) and
may not be offered or sold in the United States (as such term is defined in
Regulation S under the Securities Act) unless registered under the Securities
Act or pursuant to an exemption from such registration. The Company does not
intend to register the Securities under the Securities Act. Any offer of the
Securities in the United States will only be made by means of an offering
circular that will contain detailed information about the Company and the
Securities, as well as financial information.”
