Singapore-registered Mortice Ltd is a provider of services to businesses in India. The originally business was India-based security company Peregrine. This is being used as a base to expand into general facilities management activities. The plan is to expand via acquisition in India and other Asian countries. Mortice joined Aim in May 2008. A placing at 65p a share raised £4.1m after expenses of nearly £900,000. The flotation valuation was £31m.