Credoor-back Evalue Infosolution IPO to open this Thursday. Details of the inquiry

Evalu Infosolution, based in Bengaluru, supported by a private equity company, Credore, will open Thursday, September 18, its early public offering running around (IPO). Technology Solutions Integrator is looking for a list on BSE and NSE through a full offer for sale.

According to the Red Harring Prospectus, the issue will be closed on Monday, September 22, 2025.

Office structure

Face value by existing shareholders in IPOs Rs. Equity shares of up to 1.87 crore are included. Load will flaw a 1.10 crore share of Credor’s Ancillary, beautiful (Mauritius) Ltd.

Shareholders who sell promoter will sell 38 lakh shares collectively, along with Sunil Kumar Pillai, Krishna Raj Sharma and Srinivasan Shriram, Promoter’s Group member Hilda Sunil Pillai. Eight individual shareholders will also participate in the OFS.

Business outline

According to Frost and Sullivan, established in 2008, Evalue Infosolution is located as India’s fastest growing technical services and solutions integrators.

The company specializes in enterprise technology solutions for the purpose of protecting and managing digital application and data, mainly serving large enterprises from digital transformations.

Enterprise is a Pay FIRM partners with system integrators and original device manufacturers (OEM) to deploy solutions to digital infrastructure operations, scalability and security. By March 31, 2025, its network of its 109 OEM partners includes check points, Forcepoint, Hitachi, Tenable, Ubico, Improva, Arista, Splank, Nutnix and Google Cloud.

Financial and market position

For the financial year 2025, Evalue has made Rs. Revenue from total sales of Rs 2,439 crore and 922 crore operations.

The company has eight of the offices in India and operates internationally in Singapore, Bangladesh, Sri Lanka, UAE, Cambodia and Kenya. The Red Harring Prospectus notes that Evelye has no listed allies in India with a direct comparative professional model.

Issue management

IIFL Capital Services Limited and Motilal Oswal Investment Advisors Limited are lead managers running the book on this issue. It is proposed to list equity shares on BSE and NSE.

Also read | Explained: What is China’s anti-evolution shift and how it affects Indian stocks

(Disclaimer: The recommendations, suggestions, opinions and views given by experts are their own. This does not represent the views of the economic time)