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Positioned as "Born Digital Born Agile", the tech-rookie focuses on delivering a seamless digital experience to their customers. The company was incorporated in 2011 by Ashok Soota (Co-founder of Mindtree). The product portfolio of the company includes digital transformation, product engineering, infrastructure management and security services. The company possesses the capabilities of providing an end-to-end solution in the digital space. With a vision of customer-centric approach, the tech-savvy aims to provide strategically viable, futuristic and transformative digital solutions to the customers.
|S.No.||1 - Company||2 - Directors||3 - Promoters|
|Entity Name||By the Company||Against the Company||By the Director||Against the Director||By the Promoter||Against the Promoter|
|Material civil cases||Not quantifiable||37.7||-||231.9||-||-|
|Amt. (In Million Rs.)||-||37.7||-||231.9||-||0|
|Gross Operating Income||462.9||590.4||698.2||177|
|Cost of Employee & Inventory||356.9||385.1||441.2||108.3|
|Profit Before Tax||-23.2||13||73.6||40.8|
|Profit After Tax||-22.6||14.2||71.7||50.1|
The promoter of the company is Mr. Ashok Soota.
The company doesn't have any competitor domestically while its true competitors are global players such as EPAM, Endava and Globant.
The object of the Offer for Sale is to allow the shareholders to sell an aggregate of up to [●] Equity Shares held by them. The company will not receive any proceeds from the Offer for Sale. Offer for Sale Size is of 35,663,585 Equity Shares making it an amount of Rs. 592 crores at the upper price band.
The net proceeds from the fresh issue will be utilized in meeting long term working capital requirement having an amount of Rs.101 crores while residual amount will be used for general corporate purpose.