Phoenix India Acquisition Corp.

Liquidated 2008-12-09
  • CIK 1336775
  • PXIA
  • IPO 2006-03-31
  • $47.8M trust
  • 78 filings
IPO Size
$49.3M
raised at the IPO
Trust Amount
$47.8M
held for shareholders
Current Status
Failed
from its latest filing
IPO Year
2006
year it listed

Filings, by quarter

78 filings over 15 quarters; violet bars carry a milestone

  1. 05 Q3: 1 filing
  2. 05 Q4: 4 filings
  3. 06 Q1: 15 filings
  4. 06 Q2: 6 filings
  5. 06 Q3: 2 filings
  6. 06 Q4: 1 filing
  7. 07 Q1: 4 filings
  8. 07 Q2: 4 filings
  9. 07 Q3: 2 filings
  10. 07 Q4: 4 filings
  11. 08 Q1: 14 filings
  12. 08 Q2: 7 filings
  13. 08 Q3: 4 filings
  14. 08 Q4: 7 filings
  15. 09 Q1: 3 filings
  • S-1 filed 05 Q3
  • IPO 06 Q1
  • Liquidated 08 Q4

SPAC Overview

Where it stands on the road from S-1 to merger

Timeline Progress

About

Phoenix India Acquisition Corp. is a blank check company seeking an acquisition or business combination with an operating business in IT, IT-enabled services or products, including KPO and BPO businesses operating in India.

Investment Focus

IT Services, Business Services

Geographic Focus

India

Key Information

As the filings state it

IPO Date
2006-03-31
SIC
6770
Failed Date
2008-12-09
SPAC Ticker
PXIA

SPAC Team

The banks on its IPO, and the team as the filings describe it

Underwriters

Extended Team Information

The four-person team includes Raju Panjwani, a former Morgan Stanley managing director who established its presence and offshore initiatives in India; Ramesh Akella, a financial advisory and private-equity professional; Shekhar Wadekar, an executive in medical-device and scientific-software companies with prior semiconductor research experience; and Rohit Phansalkar, a merchant-banking and private-equity executive.

External Resources