Infinite Computer Solutions (I) Ltd, a global IT solutions and services provider, has filed its Draft Red Herring Prospectus ("DRHP") with the Securities & Exchange Board of India to enter the capital market with its initial public offering of its equity shares.

The public issue consists of a fresh issue of 57,33,600 equity shares by the Company and an offer for sale of 57,69,400 equity shares of Rs. 10 each, at price to be decided through the 100% book building process. The Equity Shares offered through this Issue are proposed to be listed on the Bombay Stock Exchange Limited and the National Stock Exchange of India Limited.

Upto 50% of the Issue will be available for allocation to qualified institutional bidders on a proportionate basis, of which 5% shall be available to mutual funds only. Further, up to 35% of the Issue shall be available for allocation on a proportionate basis to non-institutional investors and up to 15% of the Issue shall be available for allocation on a proportionate basis to retail individual investors. The Issue will constitute 26.17% of the fully diluted post issue paid-up capital of the Company.

The Book Running Lead Managers (BRLM) to the Issue are India Infoline Ltd. and SPA Merchant Bankers Ltd. The shares are proposed to be listed on the Bombay Stock Exchange Limited (BSE) and National Stock Exchange of India Limited (NSE).

For other particulars and details of the initial public offering please refer to the DRHP which is available on the website of the BRLMs (www.indiainfoline.com & www.spacapital.com) and SEBI (www. sebi.gov.in)

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"Infinite Computers Solutions Limited isproposing,subject to market conditions and otherconsiderations,apublic issue of its equity shares and has filed itsDraft RedHerringProspectus ("DRHP")withthe Securities and Exchange Board of India ("SEBI").TheDRHP is available on the website of SEBI at www.sebi.gov.in; and on the respective websitesoftheBook Running Lead Managers ("BRLMs") at www.indiainfoline.com and www.spacapital.com.Investors shouldnotethat investment in equity shares involves a high degree ofrisk and for details relating to the same, see the section titled 'Risk Factors' of the aforementioned offer document. lutions ion Ltd..This announcement has been prepared for publication in India and may not be released in the United States. This announcement does not constitute an offer of securities for sale in any jurisdiction, including the United States, and any securities described in this announcement may not be offered or sold in the United States in the absence of registration under the U.S. Securities Act of 1933 or an exemption from registration."