IPFonline Ltd is looking to raise funds via sale of equity stake to PE investors.
The company has appointed Adventis Capital as the adviser.
Transaction Reference: The Telegraph
IPFonline Ltd, founded in 1972, owns and publishes monthly magazines. It publishes the Industrial Products Finder — a magazine that carries advertisements on industrial products.
The company’s services include search, RSS XML feeds, news letters, IPF alerts, IPF toolbars, trade fairs, IPF jobs, marketing solutions, and advertisement solutions.
The company is also entering other businesses such as organising trade fairs and conferences across the country.
At present, IL&FS owns 44% of IPFonline, while HDFC holds 12%. Its founder R.V. Pandit owns the rest 44%. The company does not have any debt in its books.
In the print media space, Amar Chitra Katha Pvt Ltd had divested almost 30% stake to Elephant Capital in May.
KVEZAR VIEW
| Date | Transaction | Type | Buyer | Size ($mn) |
| 09/08/10 |
IPFonline - Looking For PE |
Private Equity |
Looking For |
- |
| 31/12/99 |
IPFonline Ltd. - Infrastructure Leasing & |
Private Equity |
Infrastructure Leasing & Financial Services Limited |
- |
| Date | Type | Buyer | Target | Size ($mn) | State |
| 02/02/12 |
M&A |
Persistent Systems Limited |
Location business |
- |
Completed |
| 31/01/12 |
Private Equity |
Tiger Global Management LLC |
Flipkart Online Services Private Limited |
150.00 |
Completed |
| 31/01/12 |
M&A |
Dell Inc |
Looking For |
1007.05 |
Planned |
| 31/01/12 |
Venture Capital |
Mumbai Angels |
eDreams Edusoft Private Limited |
1.01 |
Completed |
Company |
| Name | Promoters | Office | Competitor | Website |
| IPFonline Limited |
R V Pandit |
II Floor, Shafika Building
17, Kodambakkam High Road, Nungambakkam
Chennai - 600034,Tamil Nadu,India |
|
www.ipfonline.com |
 |
Adventis Capital |
