Ybrant Technologies Ltd, a digital marketing services provider, has filed its DRHP with regulator SEBI on 3rd October 2007, for entering the capital market with its IPO of 3,500,000 equity shares of Rs 10 each.
The initial public offering issue will be conducted through 100 per cent book building process and would constitute 15.85 per cent of fully diluted post-issue paid-up capital of the company.
The company is considering a pre-issue placement of up to 1,200,000 equity shares. The issue size offered to the public would be reduced to the extent of such pre-issue placement.
Ybrant Technologies offers comprehensive end-to-end digital marketing services to direct marketers, brand advertisers and marketing agencies across the world. Ybrant Technologies along with its subsidiaries -- International Expressions Inc, Frontier Data Management Inc and Pennyweb Inc, focuses on harnessing the marketing power of the digital media through delivering technologies, network and insights that drive measurable and accountable results to its clients.
The shares are proposed to be listed on the BSE and the NSE. The BRLMs to the issue are YES Bank and Enam Securities.