The US based IT major in the Indian market, CSS Corp. has recently said that it will consider the option of raising money in the country by coming out with an IPO. However, the company also added that it has not yet fixed a time frame for the launch of the IPO in the domestic market.

For the record, Nick Sharma, CEO, CSS Corp said that the company has an option of listing it anywhere in US, India and UK but as of now, it will certainly not be India.

It is to be mentioned here that the company is backed by financial institutions like SAIF partners, Goldman Sachs and Sierra Ventures.

In fact, the company has a total revenue of over $135 million and if the words of Sharma are to be believed then an IPO of $100 million will be good enough for the company.

It may be noted here that Sharma was in the country for unveiling the new brand identity and a new centre of the company in the Chennai region. Financial investor hold close to 50% stake in the company.