Course5 Intelligence IPO Review

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).

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.

Coures 5 IPO

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.

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 Review

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.

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.

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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