ë §
 


  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.
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xe offer secure offsite/remote backup
with pricing options for every size office.
ë ~ xe have en extensive background in the medical field.
xe are able to assist with billing, electronic medical records, and
electronic claims. xe have several products in these areas that we
sell, provide training for and support. xe have a thorough
knowledge of HIPAA, CPT, ICD9 and electronic claims. In
addition to the systems that we sell we can usually assist with
many other medical systems as well.
ë M mur staff is knowledge in all types of computer
hardware. xe can assist with anything from simple repairs like
replacing processor or case fans to full system upgrades.
ë À  xe have an extensive background in networking.
Most of our solutions are based on the Microsoft xindows
networking platform. xe are able to design, implement and
troubleshoot all types of network server or network topology
problems.
ë 
 xe are able to assist with installation and
troubleshooting on a wide variety of programs.
       Ô Fujitsu
and Alcatel Lucent, Verizon, IBM, ACS, GE and AmL.
ë THE ISSUE

ë CAPITAL STRUCTURE

ë SUMMARY OF OUR BUSINESS

STRENGTHS AND STRATEGY

ë SUMMARY OF FINANCIAL STATEMENTS

ë RISK FACTORS

p pp
ë The Equity Shares being offered through this Issue are subject to the
provisions of the Companies Act, SEBI ICDR Regulations, our
Memorandum and Articles of Association, the terms of the Draft Red
Herring Prospectus, Red Herring Prospectus, Prospectus, Bid cum
Application Form, the Revision Form, the Confirmation of Allocation
Note and other terms and conditions as may be incorporated in the
allotment advices and other documents/certificates that may be
executed in respect of the Issue.

ë The Equity Shares shall also be subject to laws as applicable, guidelines,

notifications and regulations relating to the issue of capital and listing
and trading of securities issued from time to time by SEBI, the
Government of India, the Stock Exchanges, the RBI, RoC and/or other
authorities, as in force on the date of the Issue and to the extent
applicable.
  

p pp 
ë Initial Public mffering ("IPm") of 11.5030 million Equity
Shares of Rs. 10 each for cash at a price to be decided
through a 100% book-building process (the "Issue"). The
price band has been fixed between Rs. 155 and Rs. 165 per
Equity Share. The Issue closes on January 13, 2010.
ë The Issue consists of a fresh issue of 5.7336 million Equity
Shares by the Company and an mffer for Sale of 5.7694
million Equity Shares. The issue will constitute 26.17% of
the fully diluted post issue paid-up capital of the Company.
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The objects of the Fresh Issue areÔ

ë Capital Expenditure;
ë Acquisitions;
ë Repayment of Debt;
ë General Corporate Purposes;
ë Issue Related Expenses
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  465.00
46,500,000 Equity Shares of Rs.10/- each

3,500,000 Convertible Redeemable Preference Shares of 35.00

Rs.10/- each

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38,224,043 Equity Shares of Rs.10/- each
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11,503,000 Equity Shares of Rs.10/- each, comprising ofÔ
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43,957,643 Equity Shares of Rs.10/- each

 

 6.46
Before the Issue
After the Issue
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ë mptimum sized company with proven track record
ë Focus on the telecommunication industry
ë Domain knowledge
ë Long term marquee client relationships
ë Differentiated Business Model
ë Global delivery model with excellent infrastructure
ë Commitment to quality and process execution
ë Experienced Executive Management team
 p

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Ô
ë Telecom Industry Focus
ë Business Model Based on Multiple Revenue Streams
ë Business growth leveraging existing global clients
ë Continued Focus on Large Client Cultivation
ë Increased Focus on Domestic IT Market
ë Increased Focus on European Markets; harnessing global
client-base
ë Strengthening and harmonization of core capabilities
through acquisitions
ë Continuing to attract, build and develop employee
excellence
p

 

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 &  '

Ô The profit
after tax and extraordinary items were as followsÔ

Rs. 100.84 million in fiscal 2006-07

Rs. 174.97 million in fiscal 2007-08
Rs. 451.30 million in fiscal 2008-09

p 


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¬ 
ë An Infinite IPm note by HDFC Securities says, DzThe
positives of the issue include companyǯs experienced
management and its demonstrated ability to retain key
clients over a long period of time, its efforts to diversify
currently concentrated client base and geographical
presence, its growing presence in higher margin businesses
like infrastructure management servicesdz

 

¬ 
ë From a business perspective, high client concentration,
heavy US dependence and dollar dependence and a
service-mix that largely tends towards low-margin ones are
key negatives.
¬   

xe have compared Infinite with Sasken

Communications Technologies Ltd (Sasken), MindTree Ltd
and Tech Mahindra Ltd as they operated in similar business
and provide services to telecom operators. Sasken also
generates majority of its revenues from telecom sector.
Infinite has witnessed a robust top-line growth over last
one and half years as compared to its peers. Moreover,
Infiniteǯs EBITDA margin has been increasing gradually
over last few years and is comparable with the peer group.
Infinite has recently signed a long term contract with a
European client which is expected to further boost the
companyǯs top-line growth and profitability.
m m
 

ëDzIf you depend on your company
to take care of your retirement,
your future income will be divided
by five. Take care of it yourself,
and you can multiply your future
income by five. Investing is
simple, but not easy.dz
 
p  

ë ©IRAN NAIR 13128

ë VAIBHAV PATIL 13130
ë ABHAY H. PASAD 13129
ë ALLAN STANLEY 13146
ë VAIBHAV P. CHUDASAMA 13104