PRE ISSUE REPORT

INFINITE COMPUTER SOLUTIONS LIMITED

OPENS ON : 11/01/2010 CLOSES ON : 13/01/2010

COMPANY DETAILS:

· Infinite Computer Solutions is a global service provider of Infrastructure Management Services, Intellectual Property (IP) Leveraged Solutions, and IT Services, focused on the Telecom, Media, Technology, Manufacturing, Power and Healthcare industries.

· Their services span from Application Management Outsourcing, Packaged Application Services, Independent Validation and Verification, Product Development and Support, to higher value-added offerings including Managed Platform and Product Engineering Services.

· We have established our presence in most of the large telecom, and IT services markets of the world, with offices at multiple locations in the U.S, the U.K, India, Singapore, Malaysia, and China. We have also been growing our development centers in India – Bangalore, Chennai, Hyderabad and Gurgaon.

· Our consolidated revenues were Rs.3,489.32 million in Fiscal 2006-07, Rs.3,415.24 million in Fiscal 2007-08 and Rs.4,958.72 million in Fiscal 2008-09. For the six month period ending September 30 for the fiscal 2009-10, our revenues are Rs.3,181.26 million. Our profit after tax and extraordinary items was Rs.100.84 million in fiscal 2006-07, Rs.174.97 million in fiscal 2007-08, Rs.451.30 million in fiscal 2008-09 and Rs.371.40 million for the six months period ended September 30, 2009.

Issue Details:

Issue Size 11,503,000 Equity shares

Face Value Rs.10/ - per share.

Floor Price Rs.155/ - per share

Cap Price Rs.165/- per share

Lot Size 40 Equity Shares x multiple of 40 Equity Shares each

Exchanges BSE & NSE

Book Running Lead Manager:

1. SPA MERCHANT BANKERS LIMITED

2. INDIA INFOLINE LIMITED

ISSUE STRUCTURE

S. No.	Main Category	No of equity shares reserved for the main category
1	QIB	50% (Upto 5,751,500 Equity Shares)
2	Non Institutional	15% (At least 1,725,450 Equity Shares)
3	Retail	35% (At least 4,026,050 Equity Shares)
Total Issue size	1+2+3	11,503,000 Equity shares