CMS IndusLaw is sole Indian counsel advising software company Intellius Recode on its proposed initial public offering of fresh shares valued at up to USD12.45 million (INR1,170 million) and the sale of up to 1.29 million existing stock.
CMS IndusLaw is also advising Inga Ventures, the bookrunning lead manager, on the IPO. The IPO team comprises Partner Mathew Thomas, senior associates Aman Bahl and Shambhavi Kumar, as well as associates Kirti Gohil, Khushi Dua, Aishwarya Agarwal, Preeti Gokhale, Tanvi Ginodia, Anoushka Sud and Sanjana Gupta.
Intellius Recode filed its draft red herring prospectus with the Securities and Exchange Board of India on 27 March 2026.
The Indian company operates as Recode Solutions, which helps businesses adopt integrated technology services and digital automation, driving transformation that enables them to work smarter, faster and more efficiently.
