Intellius Recode Ltd. IPO Details
Intellius Recode was incorporated on July 9, 2018. The company is a next-generation technology solutions provider enabling digital transformation for global enterprises through consulting and AI-driven solutions. Its business operates across two verticals: technology consulting and Agentic AI-based digital workers for enterprise automation
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 1.3 M | - | - | ₹1,170.0 M | DRHP DOC |
Intellius Recode issue details
Intellius Recode has 1.3 M shares on offer
Intellius Recode IPO issue size is ₹ 1,170.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 10% | 15% | 75% |
Intellius Recode IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
Intellius Recode NUMBER OF SHARES ON OFFER
Intellius Recode FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| H1FY26 | 29.0 | 2.4 | 6.9 | 2.3 | 14.6% |
| FY25 | 70.8 | 8.2 | 3.1 | -0.5 | 15.7% |
| FY24 | 79.9 | 9.2 | 13.2 | 11.4 | 14.5% |
| FY23 | 69.6 | 4.1 | 7.6 | 7.0 | 10.6% |
Intellius Recode INFORMATION ON IPO ISSUE
About Intellius Recode
Intellius Recode was incorporated on July 9, 2018. The company is a next-generation technology solutions provider enabling digital transformation for global enterprises through consulting and AI-driven solutions. Its business operates across two verticals: technology consulting and Agentic AI-based digital workers for enterprise automation
Object of the Issue
- Funding cost for development of digital workers
- Payment of sub-contracting fees for development of digital workers for the company
- General corporate purposes
Intellius Recode - PROMOTERS
| Name |
|---|
| ReCode Solutions Inc. |
| Prasanna Srinivasan Ramaswamy |
| Sivathanupillai Adhikesaven Nadarajapillai |
Intellius Recode - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Prasanna Srinivasan Ramaswamy | Chairman & Non-Executive Director |
| Pradeep Jeyaraj | Managing Director |
| Sivathanupillai Adhikesaven Nadarajapillai | Non-Executive Director |
| Sudha Desai | Independent Director |
| Arindam Ajit Bhattacharya | Independent Director |
| Ravichandran Srinivasan | Independent Director |
Intellius Recode Book Running Lead Manager
Inga Ventures Private Limited
recodeipo@ingaventures.com
Intellius Recode Registrar to the Offer
MUFG Intime India Private Limited
intelliusrecode.ipo@in.mpms.mufg.com
Intellius Recode Strengths
Diversified product portfolio
The company provides end-to-end digital and AI-led solutions through technology consulting and its Digital Worker suite, catering to industries with complex and regulated processes. Its solutions have been deployed across sectors such as chemicals, retail, logistics, and manufacturing, including pilot implementations of Digital Workers
Client relationship
The company has established long-standing relationships with large global enterprises, including Fortune 500 companies, across multiple industries with complex and regulated operations. Its deep integration and AI-led solutions drive repeat engagements, expanded mandates, and sustained growth across client accounts
Expertise across domains
The company has strong expertise in designing and implementing AI and automation solutions across industries, supported by capabilities in generative AI, machine learning, and data engineering. Its domain experience enables development of industry-specific solutions, including early adoption of AI-enabled Digital Workers in the chemical sector
Intellius Recode Risks
Regulatory risks
The company may have discrepancies in certain corporate filings and has submitted compounding applications, with potential risk of regulatory actions or penalties. Any such proceedings or non-compliance could adversely impact its operations, financial condition, and cash flows
Talent acquisition & retention risk
The company’s growth depends on its ability to attract and retain skilled professionals across key functions, including technology and business roles. Intense competition for talent and a limited skilled workforce may impact its ability to scale operations and maintain profitability
Data privacy risk
The company is subject to evolving privacy, data protection, and related laws, and any changes may require modifications to its business practices or increase compliance costs. Non-compliance or regulatory developments could lead to penalties, claims, and potential impact on customer growth and operations
IPO FAQs
The promoters of the company are ReCode Solutions Inc., Prasanna Srinivasan Ramaswamy and Sivathanupillai Adhikesaven Nadarajapillai.
The category allocation of qualified institutional buyers is 75.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 10.0%.