February, 2012
Bangalore: The calendar for the past few years was not the best of the years when it came to Indian IPO market. However, few entrepreneurs excelled in taking their company to IPO. Below mentioned are few such entrepreneurs who created history in the IPO market since 2005.
Sanjeev Bikhchandani
February, 2012
Bangalore: The calendar for the past few years was not the best of the years when it came to Indian IPO market. However, few entrepreneurs excelled in taking their company to IPO. Below mentioned are few such entrepreneurs who created history in the IPO market since 2005.
Sanjeev Bikhchandani
Sanjeev Bikhchandani founded Info Edge was one of the first Indian Internet company to go IPO in April 27, 2006. The company’s IPO was oversubscribed by over 54 times and received a total of about 29.15 crore bids for its offer of 53.23 lakh equity share of 
10 each. Incorporated in May 1995, Info Edge owns internet properties Naukri, 99 acres and Jeevansathi.
Bikhchandani was the Chairman of the Internet and Mobile Association of India for 2008-09. He has also co-authored two books on job hunting and careers. He holds a PGDM degree in Management and Entrepreneurship from IIM, Ahmedabad. After his post graduation, Bikhchandani left his marketing job at HMM in 1990 to set up two companies, Indmark and Info Edge.
Deep Kalra
The brain child of Deep Kalra, Makemytrip filed for US IPO in 2010 and managed to raise $70 million by selling five million shares at $14 each. Makemytrip was founded in April, 2000, and today the company has become one of the largest online travel and e-commerce business in India.
Kalra is the member of the Executive Council of NASSCOM and chairs the NASSCOM Internet Working Group. He holds a Bachelor’s degree in Economics from St. Stephen’s College, Delhi and a PGDM degree from IIM, Ahmedabad. In 1995, Kalra quit his job of a banker to join AMF Bowling. He managed to open about 200 lanes, most of them in small centers. With some money in his bank, he decided to quit his job and start a new venture, Makemytrip.com.
S. Giridharan
The founder of Chennai based Edserve Softsystems, S. Giridharan took his dream company to IPO in February 2009. Esserve Softsystems is a fourth generation education company that uses technology to synchronize manpower demand and supply in number and skills right from development to deployment.
Under his leadership, the company succeeded in raising 20 crore through IPO. He also serves as the Chairman, CEO and President of SRM Radiant Infotech and has been the principal IT consultant for Seshasayee Paper & Boards for over nine years. The 46 year Giridharan has graduated in Electronics and Communication Engineering from PSG College of Technology from BITS, Pilani. He invented a permanent solution to combat and prevent piracy in feature films, and was accredited and accepted by South Indian Film Chamber of Commerce in 2003 as a feasible solution to prevent piracy in films. He heads EdServe Softsystems and strategizes the business, branding, and also the technology systems for effective delivery of services in scale, quality and spread.
Vikram Akula
Who thought that a microfinance company has the ingredients to go IPO, but Vikram Akula succeeded in taking SKS Microfinance for IPO. SKS Microfinance is a non-banking finance company that is regulated by the Reserve Bank of India. It went IPO in August 2010 and was oversubscribed over 20.38 times in the qualified institutional buyer category due to its assets quality and uniqueness of its issue enticed the investors.
Akula is the founder and former chairperson of SKS Microfinance. He is the author of A Fistful of Rice, My Unexpected Quest to End Poverty Through Profitability, that were published by Harvard Business Press. He has several awards to his credit.
Pramod Bhasin
Genpact was founded by Pravin Bhasin in 1997 and took the company to a whooping $600 million IPO in May 2007. But later in 2011, he quit as the CEO of the company. Prior to this, he has worked in GE. He was most recently the head of GE Capital in India and in Asia, having earlier worked with GE Capital’s Corporate and Finance Group in Stamford. Bhasin is a Chartered Accountant from Thomson McLintock & Co, and holds a Bachelor of Commerce degree from Delhi University.
Anand Deshpande
Anand Deshpande founded Persistent Systems in 1990 as a technology company specializing in software product development services. The company went IPO in 2010 and planned to use the proceedings of the IPO to fund the expansion of its existing development facilities and to procure hardware.
Deshpande earned a Bachelor’s Degree in Technology in Computer Science and Engineering from IIT, Kharagpur. He also earned a Doctorate in Computer Science from the Indiana Univeristy. Deshpande has worked at HP Laboratories as a Member of the technical staff.
Hanuman Tripathi
Hanuman Tripathi founded Infrasoft Technologies in 1994 and the company also owns the e-cards portal 123greettings.com. The company went IPO in 2010. Tripathi is the Core Founder and Group Managing Director of Infrasoft Technologies. With an experience of over 28 years in the banking software and telecom industry, he has worked with several global scale companies with rapid career advancement.
When he conceptualized Infrasoft, he brought all the partners and investors together to found the organization. Tripathi is a Science graduate with a Post Graduation in Business Management from Jamnalal Bajaj Institute of Management Studies, Mumbai. He also holds a Post Graduation degree in Marketing Management from Bhavan’s Management School, Mumbai.
D. Ravi Kumar
D. Ravi Kumar, a first generation entrepreneur, founded Acropetal Technologies in 2001 and has taken the company single handedly to the current status. The company is recognized as one of the global leader in Information Technology outsourcing services. Under his leadership, the company went IPO in 2011 and launched a program ‘Attraversiamo’ to cross over from a Pure Play services into a business technology solutions company.
A deeply passionate person in his work to the cause of under privileged children, Kumar is a keen learner. He started his career working at the R&D and production units of BOSCH and subsequently at ITC. With over 20 years of experience, he has demonstrated sharp financial expertise in managing and leading the business several acquisitions. Kumar holds a Mechanical Engineering degree from the University of Bangalore and has pursued advanced executive management program from Harvard.
Source: siliconindia
