Course5 Intelligence IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: May 26, 2022The Data analytics company Course5 Intelligence Limited has filed its preliminary papers with SEBI for the proposed IPO worth Rs. 600 crore.
In this article, we will be talking about the company’s background, its product and services, promoters and their holding, financial statements, information regarding the IPO including IPO date, IPO price, its subscription status, allotment status, GMP, and other important aspects.
Course5 Intelligence IPO Review will help you understand the potential of Course5 Intelligence IPO.
| Face Value | Rs 5 |
| Price Band | Not Disclosed |
| Listing At | BSE, NSE |
| Min. Order Quantity | Not Disclosed |
| Listing Date | Not Disclosed |
| Offer for Sale | Rs.300 Crore |
| Fresh Issue | Rs.300 Crore |
| IPO Size | Rs.600 Crore |
| Tick Size | 1 |
Course5 Intelligence IPO Overview
Course5 Intelligence is a company engaged in the business of Data Analytics and insights. The company is now coming up with the IPOan of about Rs. 600 crore.
The Course5 Intelligence IPO is a combination of a fresh issue and an offer for sale. The portion of both offers will be 50-50. With the Offer for Sale, some of the promoters and existing shareholders will be diluting their holding in the company.
Course5 Intelligence IPO Important Dates
| Events | Date |
| IPO Opening Date | Not Disclosed |
| IPO Closing Date | Not Disclosed |
| Basis of Allotment Finalization | Not Disclosed |
| Refunds Initiation | Not Disclosed |
| Credit of Shares to Demat Account | Not Disclosed |
| Share Listing Date | Not Disclosed |
In January 2022, Course5 Intelligence filed the Draft Red Herring Prospectus with the capital market regulator SEBI to seek its approval.
As soon as the company receives the SEBI nod, it will proceed towards the further procedure to float the IPO in the market and raise the required funds.
Course5 Intelligence IPO Date is not declared yet. The company will publish it after the approval from SEBI. Also, as per the DRHP, the company may consider a pre- IPO placement of shares before the IPO.
Course5 Intelligence IPO Price, Size, Share Offerings
| Face Value | Rs.5 |
| Price Band | Not Disclosed |
| Offer for Sale | Rs.300 Crore |
| Fresh Issue | Rs.300 Crore |
| IPO Size | Rs.600 Crore |
Course5 Intelligence IPO Size will be up to Rs. 600 crore. The IPO comprises o a Fresh Issue worth Rs. 300 crore and an Offer for Sale of Rs. 300 crore.
The company may consider undertaking a Private Placement before filing the Red Herring Prospectus of Rs. 60 crore. And if such pre-IPO placement is executed, the IPO will be reduced to such an extent.
Course5 Intelligence IPO Price will be determined by the company with the Book Building Process. The company will notify the minimum lot and price band.
Course5 Intelligence IPO Grey Market Premium
| Date | GMP (Rs.) | Kostak Rate (Rs.) | Subject to Sauda (Rs.) |
| Not Trading in Grey Market yet | |||
Though Grey Market trading in India is not illegal it is not authorized under any law or regulation. The Grey Market trading is the buying and selling of shares outside the official trading channel.
The trading in this market takes place prior to the listing of the offered shares on the stock exchange. The investors interpret trends that might take place on the stock exchange based on the trading Grey Market.
Course5 Intelligence IPO GMP is not available right now.
Course5 Intelligence IPO Subscription Status
| Day / Date | QIB | NII | RII | Total Subscription |
| 1st Day – | ||||
| 2nd Day – | ||||
| 3rd Day – | ||||
| Shares Offered or Net Issue |
Course5 Intelligence IPO Subscription is open yet. The company will notify details soon.
Subscription is the process where investors invest their money in the company and apply for shares.
An IPO is open for subscription for public the for a period of a minimum of 3 days and for a maximum of 10 days. In this duration, investors place their bids within the price band given by the company. Given the price band, investors cannot place bids below or beyond it.
The Lead Managers of the issue are:
- Axis Capital Limited
- JM Financial Limited
The details in respect of the price band and subscription will be made available in a short time.
Course5 Intelligence IPO Allotment Status
Post Subscription is the allotment process where the shares applied for are allotted to the successful bidders. Course5 Intelligence IPO allotment will be determined by the issuer in consultation with its BRLMs.
Axis Capital Limited and JM Financial Limited are the Lead Managers of the issue. And Link Intime India Private Limited is the Registrar of the issue.
Course5 Intelligence IPO Live Performance
To check Course5 Intelligence IPO Performance, click on the link shown below. Here, you will find the latest Course5 Intelligence IPO Price and other essential information.
Subscribe to Course5 Intelligence IPO – Open Free Demat Account Now!
Course5 Intelligence – Company Review
Course5 sowed the seeds of its remarkable journey in the year 2000 as Cross-Tab.com Private Limited in Bangalore. The name of the company was then changed to Cross-Tab Marketing Services Private Limited in 2001.
In the year 2018, the company again changed its name to Course5 Intelligence Private Limited. Further, in 2021 the company was converted from a private company to a public company.
Course5 Intelligence Limited is a pure-play data analytics and insights company having its major emphasis on assisting organizations to adopt and effect the digital transformation revolution with the help of its artificial intelligence (AI), advanced analytics, and insights.
The company majorly works on analytics and digital solutions which makes it an asset-light organization.
The company is growing at rapid growth and currently has over 900 employees across 17 cities globally where the company has successfully gained a foothold.
Products or Services
Course5 Intelligence is a digital, marketing, and customer analytics company.
The products offered by the company are Course5 Compete, Course5 Discovery, and Course5 Optimizer Suite.
The Varied solutions provided by the company for catering the to requirements of its customers are Digital Analytics, Customer Analytics, Consumer & Market Insights, Marketing Analytics, Supply Chain Analytics, and Enterprise AI.
The company understands the omnichannel customer journey.
Course5 Intelligence aims at offering its services to businesses, contributing to and affect the digital transformation with the help of artificial intelligence (AI), analytics, and insights.
Some of the deep-pocketed customers of Course5 Intelligence include Lenovo, American Regent, Colgate-Palmolive Company, National Bank of Fujairah PJSC, and, Inc (a member of the Daiichi Sanyo Group).
Promoters and Holding
The promoters of Course5 Intelligence Limited are:
- Ashwin Ramesh Mittal
- Riddhymic Technologies Private Limited
- Riddhymic Technoserve Llp
- Am Family Private Trust
In the IPO, Ashwin Ramesh Mittal will be offering shares of Rs 32.5 crore, Riddhymic Technologies and Riddhymic Technoserve LLP will be selling shares worth Rs 40 crore each, AM Family Private Trust will offer shares worth Rs 112.5 crore and Kumar Kantilal Mehta will sell shares worth Rs 75 crore with the Offer for Sale offer.
The management of the company consists of:
- Ashwin Ramesh Mittal holds the position of Chairman, Managing Director, and, Chief Executive Officer
- Ramesh Brahmadutt Mittal holds the position of Non-Executive Non-Independent Director
- Sheila Mittal holds the position of Non-Executive Non-Independent Director
- Prashant Bhatt holds the position of Senior Vice President & Chief Financial Officer
- Deepesh Shamji Joishar holds the position of Company Secretary
Is Course5 Intelligence good for Investment?
The two-decade-old affecting company Course5 Intelligence focuses on helping businesses and organizations drive digital transformation.
For which it applies its thoroughly researched artificial intelligence (AI), analytics and insights system. The company is serving its purpose and contributing towards taking adoption of technology by organizations.
Over the years, Course5 has gained a strong grasp in technology, media and telecom (TMT), life sciences and consumer packaged goods (CPG), and retail verticals.
As the majority of the companies currently are moving towards digitalization and opting for the best technologies, Course5 is enhancing its customer base. Course5 Intelligence IPO can bring prosperity to the value of the company.
Course5 Intelligence Financial Statements
| Amount (in INR & Million) | |||||
| 30-Sept-21 | Sept-20 | 31-Mar-21 | Mar-20 | 31-Mar-19 | |
| Assets | 2046.18 | 1936.34 | 2203.94 | 1965.33 | 1535.56 |
| Revenue | 1503.07 | 1204.61 | 2571.99 | 2654.39 | 2325.71 |
| Expense | 1215.28 | 1070.45 | 2227.46 | 2490.34 | 2121.68 |
| Profit After Tax | 268.24 | 127.95 | 315.29 | 169.28 | 179.34 |
Course5 Intelligence has been gaining significant growth not only in technology but also in its profits are touching newer heights. Though its revenue has taken a downturn to Rs.257.20 in the Financial year 2021 crore as compared to the previous year of Rs. 265.44 crore.
The profits for the financial year 2021 were Rs 29.72 crore. The EPS of the company has also delivered a slight improvement from Rs. 1.46 in 2020 to Rs. 2.57 in 2021.
| Earnings per Equity Share (in Million) | |||||
| 30-Sept-21 | Sept-20 | 31-Mar-21 | Mar-20 | 31-Mar-19 | |
| Basic | 2.41 | 1.1 | 2.57 | 1.46 | 1.30 |
| Diluted | 2.36 | 1.09 | 2.51 | 1.44 | 1.28 |
Course5 Intelligence IPO Review
The Course5 Intelligence IPO can be considered as a prosperous opportunity for the company and for the investors too.
As per the DRHP, Course5 Intelligence plans to employ the proceeds of the fresh issue towards fulfilling its working capital requirements and ensuring smooth operations.
Further to execute inorganic growth plans, support product a, and IP initiatives. In addition to that, the company is also planning to expand its reach geographically.
Course5 being in the business of data analytics and insight has high growth aspects and the vision for expansion is limitless if the company continually introduces and maintains high-quality solutions for the customers.
Course5 Intelligence IPO Details
Here are a few more details you need to know before investing in Course5 Intelligence IPO –
Course5 Intelligence IPO Issue Object
Course5 Intelligence has proposed diverse objectives for making the IPO offer and some of the objectives are:
- Inorganic growth initiatives;
- Working capital requirements of our Company;
- Product and IP initiatives;
- Expansion of our geographical footprint; and
- General corporate purposes.
Course5 Intelligence IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Leading data analytics and insights player with significant expertise in digital, D2C, and omnichannel models driving digital models and strategic decisions and insights;
- Deep AI and advanced analytics capabilities supplementing creation of IP-led solutions;
- Well diversified, longstanding, and large global marquee clients across key target industries;
- Global delivery team with expertise across data sources, analytics, and cloud tech stack enabling a unified view of the customer;
- Scalable business model with strong financial performance; and
- Highly experienced and entrepreneurial senior management team supported by a qualified domain-centric employee base and advisory boards
Quantitative factors are:
| Basic EPS | Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-21 | 2.57 | 2.51 | 22.26 | 12.17 |
| 31-Mar-20 | 1.46 | 1.44 | 16.32 | – |
| Mar-19 | 1.30 | 1.28 | 20.56 | – |
Course5 Intelligence IPO Lead Managers
Here are the list of Lead managers –
- Axis Capital Limited
- JM Financial Limited
Course5 Intelligence IPO Registrar to offer
Check out the details of the registrar here –
Link Intime India Private Limited
C101, 247 Park
L.B.S. Marg, Vikhroli (West)
Mumbai 400 083, Maharashtra, India
Tel.: +91 22 4918 6200
E-mail: course5.ipo@linkintime.co.in
Investor Grievance Email: course5.ipo@linkintime.co.in
Website: www.linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058
Course5 Intelligence IPO – Other Details
- Statutory Auditor – M S K A & Associates
- Legal Counsel to the Company – Khaitan & Co
- Bankers to the Company – Citi Bank N.A.
Course5 Intelligence IPO – Conclusion
With the extensive research and experience in the direct-to-consumer and omnichannel segment, Course5 is gaining global acknowledgment and has already marked international footprints.
In terms of operations also, the Course5 Intelligence IPO is impressively growing. The EPS is not very appealing, but evidencing the growth, the company may deliver good results.
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Course5 Intelligence IPO Review FAQs
Check out the FAQs on Course5 Intelligence IPO –
What is the Issue Size of Course5 Intelligence IPO?
The Company is making an initial public offer of NA equity shares. They vividly portray the aspects of the issue in this article.
You can check the stats on the fresh issue, Offer for sale, and net issue.
What is the Price band of Course5 Intelligence IPO?
The price band for this particular IPO ranges between NA. As far as the face value of the share is of concern, it is Rs.1 per share.
What is the Course5 Intelligence IPO Open Date?
The opening and closing dates for this IPO have been updated. The IPO is set to open on NA, while the closing date is set at NA.
What is the Course5 Intelligence IPO Allotment Date?
They also have the news regarding the respective allotment dates of this IPO.
Basis of Allotment finalization is on NA, refund initiation is on NA, credit of shares is on NA, and share listing date is on NA.
What is the Course5 Intelligence IPO Listing Date?
Shares of this company shall be listed in the exchanges NA. The date, when the listing would be done, is stagnant on NA.
Who is the Registrar of Course5 Intelligence IPO?
One of the reputed registrars is managing the issue of this IPO, i.e. Link Intime India Private Limited. Their website will help you regarding the further information you are on the lookout for.
Who is the Promoter of Course5 Intelligence IPO?
Here are the promoters of this IPO – ASHWIN RAMESH MITTAL, RIDDHYMIC TECHNOLOGIES PRIVATE LIMITED, RIDDHYMIC TECHNOSERVE LLP, AND AM FAMILY PRIVATE TRUST. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
What is the GMP of Course5 Intelligence IPO?
They have obtained the GMP of this IPO and it is NA. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.
Is Course5 Intelligence IPO good for Investment?
They have further provided the financial status of the company in this article, from the past few years.
You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
What is the PAT of Course5 Intelligence Company?
They have the information of company financials, and according to that, they have the figures from the last few years to provide.
PAT for the financial year 2021 in Million is 297.20, 2020 is 169.28, 2019 is 179.34. PAT from Aug 2021 is 268.24.
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