Renaissance Capital logo

Investcorp India Acquisition Priced, Nasdaq: IVCAU

Blank check company formed by Investcorp Group targeting businesses in India.

Industry: SPAC

Latest Trade: $10.01 0.00 (0.0%)

First Day Return: +0.1%

Return from IPO: +0.1%

Industry: SPAC

We, Investcorp India Acquisition Corp, are a newly formed blank check company. While we may pursue a business combination in any business sector or geography, we intend to focus our efforts on completing a business combination with a high-quality business with operations in any of the healthcare, software, consumer services, IT services, business-to-business or fintech sectors in primarily India, with an enterprise value in excess of $1 billion. We believe that the sectors and market on which we are focused are target-rich and are likely to continue to see growth being driven by an emergent young and middle-class population, technological innovation, increasing consumption and private sector expansion. Also, with the rapid increase in technology companies in India and the relative lack of access to public markets through more traditional routes, an increasing number of these companies are likely to opt for the U.S. SPAC route given the mature, technology-focused investor base offered by the U.S. public markets. Our management team has extensive experience in both private and public equity markets and is well-positioned to deliver attractive risk-adjusted returns to our shareholders via a business combination.
more less
IPO News for Investcorp India Acquisition
more
IPO Data
IPO File Date 06/14/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 22.5
Deal Size ($mm) $225
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 05/09/2022
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 22.5
Deal Size ($mm) $225
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
more
Company Data
Headquarters Grand Cayman, Cayman Islands
Founded 2021
Employees 2
Website www.investcorp.com