Course5 Intelligence IPO Date, GMP, Review, Price Details

Course5 Intelligence IPO, the Data analytics company has filed its Draft Red Herring Prospectus with market regulators SEBI to raise funds through an initial public offering (IPO).

Coures 5 IPO

Course5 Intelligence is planning to raise ₹600 Crores through an IPO that comprises a fresh issue of equity share aggregating up to ₹300 Crores and an Offer For sale (OFS) of equity shares aggregating up to ₹300 Crores.

Course5 Intelligence is a pure-play data analytics and insights company with a focus on helping organizations drive digital transformation using artificial intelligence (AI), advanced analytics, and insights. The company serves consumer goods and services, life sciences, research and consulting firms, retail, technology, telecom, and media.

From solving complex issues for organizations related to their customers, markets, and competition at speed and scale through a combination of the industry-specific domains to providing AI-driven products and solutions that are Intellectual Property (IP)-led and leverage the latest technologies, the data analytics company has a multidisciplinary approach.

The company has its base across cloud, data engineering, business intelligence, intelligent process automation, applied AI, and consulting. Advanced technology in AI and machine learning (ML) technologies have helped the company create technologies, accelerators, and reusable frameworks to provide long-term value to its clients through advanced digital analytics, marketing analytics, and customer analytics solutions.

Company Promoters

  • Aswin Ramesh Mittal.
  • Riddhymic Technologies Private Limited.
  • Riddhymic Technoserve LLP.
  • AM Family Private Trust.

Company Financials

Course5 Intelligence Limited saw significant growth in profit at ₹29.72 crores in FY21 against ₹16.93 crores in FY20, whereas the revenue during the same period declined to ₹247.19 crores from ₹255.84 crores. Profit until September 2021 stood at ₹26.82 crores, compared to ₹12.79 crores in the same period last year, while revenue, too, jumped to ₹143.67 crores from ₹112.22 crores.

Objectives of Course5 Intelligence IPO

  • The company will utilize fresh issue proceeds for inorganic growth initiatives.
  • Working capital requirements, product and IP initiatives, and expansion of geographical footprint, besides general corporate purposes.

Course5 Intelligence IPO Details

IPO DETAILS Course5 Intelligence
Issue Period Opening Date: xx-xx-2022
Closing Date:   xx-xx-2022
Price Band ₹ – ₹ per equity share
Issue Size ₹600 CR
Face Value ₹ per equity share
Issue Type Book built issue
Fresh Issue [.] Eq Shares of ₹ face value
(aggregating up to ₹300 Cr)
Offer for sale [.] Eq Shares of ₹ face value
(aggregating up to ₹300 Cr)
Listing NSE and BSE
Registrar Link Intime India Private Limited

Course5 Intelligence IPO Timeline

Course5 Intelligence IPO issue date, issue price, allotment date, and the listing date, and all the details will be announced soon.

IPO Opens To be announced
IPO Ends To be announced
Allotment Begins To be announced
Refund Initiation To be announced
Allotment Date To be announced
Listing Date To be announced

Course5 Intelligence IPO Lot Size (Retail Individual Investors)

Applications Lots Shares Amount(Cut-off)

Course5 Intelligence IPO Investor Category

Course5 Intelligence IPO has 10% of the net offer under the Retail Category.

QIB (Qualified Institutional Buyers) 75% of net offer
NII (Non-Institutional Investors) 15% of net offer
RII (Retail Individual Investors) 10% of net offer

Course5 Intelligence IPO GMP

Course5 Intelligence IPO has not yet started trading in the grey market. Currently, the GMP is zero and will be updated once it starts trading in the grey market.

Course5 Intelligence IPO Review

Course5 Intelligence IPO review will be updated once all the details related to price band and valuations are announced. As of now, no reviews are available. Stay tuned for a detailed review soon.

Course5 Intelligence IPO Book running Lead Manager(s)

  • Axis Capital Limited.
  • JM Financial Limited.

Course5 Intelligence IPO Registrar

Link Intime India Private Limited
C101, 247 Park
L.B.S. Marg, Vikhroli (West)
Mumbai 400083,
Maharashtra, India
Phone: +9122 4918 6200

Company Contact Details

Course5 Intelligence Limited
201, Ceejay House,
Dr. Annie Besant Road,
Worli, Mumbai- 400018
Phone: +91 224-236-2800

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