IPO · AI & Deep Tech

Course5 Intelligence files for six hundred crore ipo

By Startup Enthusiast · 12 September 2026

What they do

Course5 Intelligence provides artificial intelligence and data analytics solutions to help businesses improve their decision-making processes

The company filed for an initial public offering (IPO) worth up to ₹600 crore, comprising a fresh issue and an offer for sale

The proceeds from the fresh issue will support inorganic growth, working capital, product development, and geographic expansion

Course5 Intelligence has filed for an IPO (initial public offering; the first sale of stock to the public) worth up to ₹600 crore.
The offering consists of a fresh issue (new shares issued by the company) of up to ₹300 crore.
The remaining ₹300 crore will come from an OFS (offer for sale; existing shareholders sell their shares to the public).
Promoter Ashwin Mittal is selling shares worth up to ₹32.50 crore as part of the OFS.
Other major selling shareholders include AM Family Pvt Trust and Kumar Kantilal Mehta.
The company may conduct a pre-IPO placement (private sale of shares before the public offering) of up to ₹60 crore.
The shares will be listed on the NSE (National Stock Exchange) in Mumbai.

The company plans to use the fresh capital for inorganic growth (growth through acquisitions) and working capital (day-to-day operational funds).
Funds are also allocated for product and IP initiatives and expanding the company's geographic footprint.
The IPO includes an employee reservation portion of up to 5% of the post-offer paid-up equity share capital.

Course5 Intelligence specializes in AI-driven data analytics and insights.
The firm helps organizations leverage data to drive business intelligence and operational efficiency.
It focuses on developing proprietary IP (intellectual property) to support its analytics services.
The company maintains its registered office in Vikhroli West, Mumbai.
It provides specialized services to help clients navigate complex data environments.