Course5 Intelligence Limited IPO

Last Updated on October 17, 2023 by BFSLTeam BFSLTeam

Course5 Intelligence Limited is a data analytics and insights firm that helps its clients embrace digital transformation. The company is known for its expertise in artificial intelligence, marketing insights and advanced analytics. With these services, clients can handle critical tasks efficiently with innovative and competitive advantages. 

The data analytics firm is planning to go public with an initial public offering and raise approximately Rs. 600 crore from a fresh issue and an OFS. Course5 Intelligence Ltd. submitted its DRHP to SEBI with the proposal to raise funds with IPO. 

As this company awaits SEBI’s approval to go ahead with Course5 Intelligence Ltd. IPO, you should consider studying the DRHP thoroughly. This blog shall take you through some important insights into this company.  

About Course5 Intelligence Limited

Course5 Intelligence Limited is a digital data analytics and marketing company with an omni-channel customer base. It strives to help other firms and organisations embrace digital transformation with enterprise AI, supply chain and social media analytics, AI-powered research and other services.

Course5 Intelligence has gained prominent expertise in marketing analytics and insights, brand measurement and analytics, research insights with AI and market mix optimisation. This company caters to a diverse clientele across various industries and global markets. Its customers include big names like Colgate-Palmolive Company, National Bank of Fujairah PJSC, American Regent and Lenovo. 

Course5 Intelligence Private Ltd started as an insight service provider. Owing to its consistent performance and longstanding relationship with clients, this company grew to become a thought leadership partner with deep domain expertise. 

Talking financially, Course5 Intelligence Limited’s total income rose from Rs. 2,325.71 million in FY 2019 to Rs. 2,571.99 million in FY 2021. The profit after tax deduction of this company grew from Rs. 179.34 million in FY 2019 to Rs. 297.20 million in FY 2021. 

IPO Details and Objectives

This data analytics and insight company filed its preliminary documents to SEBI on 8 January 2022 to launch an IPO. According to Course5 Intelligence Limited DRHP, the company plans to release fresh equity shares worth Rs. 300 crores. 

In addition, shares amounting to Rs. 300 crore approximately will be put for sale as an Offer for Sale by several selling shareholders. The promoters participating in this OFS are Ashwin Ramesh Mittal, Kumar Kantilal Mehta, AM Family Private Trust, Riddhymic Technoserve LLP and Riddhymic Technologies Pvt Ltd. 

The company along with its Book-Running Lead Managers have set Rs 5 per equity share as face value for the upcoming IPO. Besides the above information, Course5 Intelligence Limited has yet to declare the total quantity of IPO shares, lot size, price band and bid opening and closing dates. 

With the net proceeds from the upcoming Course5 Intelligence Limited IPO, this company will take certain initiatives towards business development including inorganic growth, IP and product initiatives. It plans to fund inorganic growth activities and also proceeds to fund other specific capital necessities of this company. The company also plans to use this funding to focus on the geographical expansion of its brand. 

Strengths

Let’s take a look at the strengths that make Course5 Intelligence Limited IPO worth investing in:

• This company is a prominent player in the data analytics sector with expertise in D2C, omnichannel and digital models that provide decisions and insights with a professional touch. 
• This company maintains a strong and longstanding relationship with its diverse clientele across various target industries and geographical locations. 
• It employs a professional delivery team on a global level that enables the company to cater to its many customers and achieve a smooth business flow. 
• The company uses its deep AI and advanced analytics capabilities that supplement IP-led solutions.

Risks Associated

Besides the above strengths, there are a few risks that can hamper the business of Course5 Intelligence Private Limited. Some of the notable ones are: 

• A major portion of this company’s revenue comes from a handful of important clients. Any case of discontinuity of contracts can lead to the termination of business relationships. This can adversely affect this company’s business, operation and cash flow. 
• The international operations of Course5 Intelligence expose its business to certain risk factors. Issues can arise due to international riots, socio-political issues, pandemic outbreaks, etc. This can adversely affect the company’s business operations and finances. 

Also Read: IPO investment strategy

Summary

Course5 Intelligence Ltd. is planning to go public through an IPO. As the firm holds no record of previous performance in the share market, this exposes investors to a certain degree of risk. Therefore, to make an informed decision, you must read and analyse the DRHP thoroughly. 

This company is one of the prominent players in the data analytics sector. If this field interests you, consider exploring our website to learn ways to invest in Course5 Intelligence Limited IPO. You can also open a Demat and trading account with us to start your investment journey. 

Course5 Intelligence Limited IPO FAQs