| Ticker: IGRP | 60 Spear Street | |
| Exchange: NASDAQ-National Market | San Francisco, California 94105 | |
| Industry: High-Tech | (415) 904-5000 |
| Type of Shares: | Common Shares | Filing Date: | 12/19/95 | |
| U.S. Shares: | 3,500,000 | Offer Date: | 2/29/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $10.00 - $12.00 | |
| Primary Shares: | 2,500,000 | Offer Price: | $15.00 | |
| Secondary Shares: | 1,000,000 | Gross Spread: | $1.05 | |
| Offering Amount: | $38,500,000 | Selling: | $0.60 | |
| Expenses: | $750,000 | Reallowance: | $0.10 | |
| Shares Out After: | 17,746,433 |
| Manager | Tier | Phone |
| Cowen & Company | Lead Manager | (212) 495-6000 |
| Robertson, Stephens & Company | Co-manager | (415) 989-8500 |
| Auditor: Ernst & Young | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 12/31/95 | ||||
| Revenue: | $53.79 | Assets: | $31.08 | ||
| Net Income: | -$6.82 | Liabilities: | $20.23 | ||
| EPS: | $0.36 | Equity: | $10.85 | ||
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company develops, markets, implements and supports client/server enterprise management software solutions for process industries worldwide. The company's PASSPORT Software Solutions consist of 14 business applications in four functional areas: Work Management Systems, Materials & Procurement Systems, Safety & Compliance Systems and Corporate Financial Systems. These applications are designed to offer complete enterprise wide solutions that enable the company's customers to improve operating efficiencies, reduce costs and comply with governmental regulation. The company focuses primarily on process industry companies, including electric utility, petrochemical, chemical refining, steel and forest products companies. This focus has enabled Indus to design solutions that address the specific functional needs of these organizations and capture their best business practices. The company's proprietary ABACUS software tools and implementation methology facilitate rapid and effective deployment and utilization of its PASSPORT applications, resulting in significant cost savings and ongoing improvement of business processes for its customers. |
| Use of Proceeds |
| The proceeds from the offering will be used for working capital and other general corporate purposes. |
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