Investcorp India Acquisition Corp (OQ:IVCA)
Business Focus: Shell Companies
| Sector: Financials | Industry: Holding Companies |
| Company Contact | |
| Address: | Century Yard Cricket Square, Elgin Avenue, PO Box 1111 GEORGE TOWN KY1-1102 |
| Tel: | N/A |
| Website: | N/A |
| IR: | N/A |
| Key People | ||
| Nikhil Kalghatgi Principal Executive Officer, Director | Dean Clinton Principal Financial Officer, Director | |
| Business Overview |
| Investcorp India Acquisition Corp. is a blank check company. The Company's is formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The Company has not selected any business combination target and has not, nor has anyone on its behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. The Company intends to focus its search located in Southeast Asia in industries that potential for growth and generating returns for its shareholders. The Company has not commenced any operations nor generated any revenue. |
| Financial Overview |
| For the nine months ended 30 September 2023, Investcorp India Acquisition Corp revenues was not reported. Net income increased 89% to $6.8M. Net income benefited from Interest Income - Non Bank increase from $1.5M to $8.6M (income). Basic Earnings per Share excluding Extraordinary Items increased from $0.13 to $0.22. |
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