Gujarat based ecommerce portal Infibeam earlier last week announced that it is looking to list on the stock exchanges and raise Rs 450 crore through its initial public offering (IPO). The company has filed its draft red herring prospectus (DRHP) which has been cleared by markets regulator Securities Exchange Board of India (SEBI). Download the DRHP here (pdf). Here is a quick lowdown of what we could find about the company from its DRHP: Infibeam has posted losses for the last three years: For the nine month period ended December 31, 2014, Infibeam posted a loss after tax of Rs 9.65 crore. For FY14, the losses were at Rs 25.95 crore. It stood at Rs 24.91 crore in FY13 and Rs 10.83 crore in FY12. Revenues For the nine month period between April 2014 and December 2014, Infibeam's total revenues were Rs 19.295 crore. For the yer ended March 2014, total revenues were at Rs 10.81 crore. Infibeam's users and merchants - Infibeam said that it has 7.2 million active users on their e-tail website as on December 31, 2014. The company defined active users based on the last login date in the immediate preceding 12 months. - As of March 31, 2015, the e-retail business included more than 15 million SKUs (stock keeping units) of products across 40 product and service categories and 4,000 registered merchants on its platform. - Infibeam has six warehouses located at at Delhi, Gurgaon, Bengaluru, Ahmedabad, Mumbai and Kolkata and 13 logistics centres across 12 cities in India. The company plans…
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