Intellius Recode Limited has received SEBI approval for its IPO. The company's IPO is expected to launch within the next 12 months. The Intellius Recode IPO is valued at ₹117 crore. The company operates in the fields of AI, enterprise automation, and digital transformation. The proceeds will be utilized to strengthen its digital automation platform.
There is immense enthusiasm for AI and automation in India, with a strong focus on AI, which could prove highly beneficial for investors. Following the IPO, the company plans to focus more on global expansion. All eyes will now be on the IPO launch, price band, and listing date.
Intellius Recode Limited was established in Chennai in July 2018. Its founders are Prasanna Srinivasan Ramaswamy and Sivathanupillai Adhikesaven Nadarajapillai. The company works in the areas of Artificial Intelligence (AI), automation, data engineering, and digital transformation.
Company Financial Condition
| Financial Year | Total Income (₹ Cr) | Revenue from Operations (₹ Cr) | EBITDA (₹ Cr) | Net Profit (PAT) (₹ Cr) |
|---|---|---|---|---|
| FY23 | 69.95 | 69.56 | 7.39 | 4.14 |
| FY24 | 80.96 | 79.88 | 11.59 | 9.25 |
| FY25 | 72.64 | 70.79 | 11.09 | 8.10 |
