Indifra Limited IPO
NSE SMEListed On: Dec 29, 2023 at ₹ 72.0
₹ 130000 /2000 Shares
Check Allotment21 Dec, 2023
Open Date26 Dec, 2023
Close Date27 Dec, 2023
Allotment Date29 Dec, 2023
Listing DateIssue Price
₹65 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Kfin Technologies LimitedList Price
72.0Listing Date
2023-12-29Market Lot
2000 Shares (₹130,000/-)Lead Manager
Beeline Capital Advisors Pvt LtdIssue Size
2,160,000 shares(aggregating up to ₹14.04 Cr)Retail Portion
50%Subscription
7.26 timesIndifra Limited IPO Details
Indifra Limited IPO is an SME IPO, priced at ₹65 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Dec 21, 2023 to Dec 26, 2023. The allotment is expected to be finalized on Dec 27, 2023, and the tentative listing date is Dec 29, 2023.
Beeline Capital Advisors Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Limited, and
Indifra Limited IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,026,000 | 1,026,000 | 2,052,000 |
| Day 1 - 21-12-23 06:00 PM | 0.25 x | 1.23 x | 0.74 x |
| Day 2 - 22-12-23 06:00 PM | 0.31 x | 3.39 x | 1.85 x |
| Day 3 - 26-12-23 06:00 PM | 2.44 x | 12.07 x | 7.26 x |
Indifra Limited Valuations
Earnings Per Share (EPS)
₹5.79/-P/E Ratio
11.23RoNW
82.45%Net Asset Value (NAV) - Post Issue
₹N/A/-Indifra Limited Company Financials All values are in ₹ Lakh
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 312.46 | 420.10 | 229.63 |
| Revenue | 1,001.69 | 1,092.41 | 306.54 |
| Profit After Tax | 99.08 | 39.94 | 10.51 |
About The Company
Indifra Limited provides infrastructure management contracting, gas pipeline laying and electrical equipment distribution services. The company was previously known as Starleads Consultants Private Limited.
The company has two business verticals:
Pipeline and Infrastructure Management Contracting Services.
Distribution of electrical appliances.
The company provides gas supply companies with the management of their gas supply pipelines. As of December 2023, the company is providing gas pipeline management services to Charotar Gas Sahakari Mandali Limited (CGSML). The company has also worked for Adani Gas Limited.
The company also provides voltage stabilizers, induction cooktops, inverters, batteries, ceiling fans, domestic switch gears and DBs, air coolers, water heaters, modular switches, solar water heaters, air source heat pump water heaters, energy-saving fans and space heaters.
As of June 30,2023, Indifra Limited have a total of 11 Employees.
Indifra Limited - Promoter(s)
Pre Issue Share Holding: 96%
Post Issue Share Holding: 67.55%
- Mr. Abhishek Sandeepkumar Agrawal
- Sandeepkumar Vishwanath Agrawal HUF
Indifra Limited IPO - Issue Objectives
- To Meet Working Capital Requirements
- For General Corporate Purposes and Funding investments for acquisitions
- To meet Public Issue Expenses
Indifra Limited IPO - FAQs
Ans. Indifra Limited IPO is a SME IPO. The issue is priced at ₹65 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Dec 21, 2023, and closes on Dec 26, 2023. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Indifra Limited IPO opens on Dec 21, 2023 and closes on Dec 26, 2023.
Ans. The size of Indifra Limited IPO is 2,160,000 shares(aggregating up to ₹14.04 Cr).
Ans. The IPO price band is set between ₹65 per equity share.
Ans. To apply for Indifra Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Indifra Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Indifra Limited IPO is Dec 27, 2023.
Ans. The Indifra Limited IPO will be listed on Dec 29, 2023.
Ans. Follow the steps to check the allotment status for Indifra Limited IPO here.
