Indifra Limited IPO

Indifra Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹65 per share. The stock debuted at ₹72, delivering a listing gain of 10.8%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,30,000.

Indifra Limited IPO

NSE SME Listed
₹1,30,000 (2000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Dec 21, 2023 – Dec 26, 2023
Price band
₹65 per equity share
Minimum Investment
₹1,30,000
Issue size
2,160,000 shares(aggregating up to ₹14.04 Cr)
Lot size
2000
Allotment Date
Dec 27, 2023
Listing
Dec 29, 2023
Listing At
NSE SME

IPO timeline

  1. Dec 21, 2023

    Open Date

    Completed

  2. Dec 26, 2023

    Close Date

    Completed

  3. Dec 27, 2023

    Allotment Date

    Completed

  4. Dec 29, 2023

    Listing Date

    Completed

Indifra Limited IPO Essentials

Indifra Limited IPO Details

Indifra Limited IPO is priced at ₹65 per share with a total issue size of 2,160,000 shares(aggregating up to ₹14.04 Cr). The IPO has a lot size of 2000 shares and is listed on NSE SME.

Issue price
₹65 per equity share
Lot size
2000 shares
Face value
₹10 Per Equity Share
Issue size
2,160,000 shares(aggregating up to ₹14.04 Cr)
Listing at
NSE SME
List price
72.0
Listing date
Registrar
Kfin Technologies Limited
Lead manager
Beeline Capital Advisors Pvt Ltd

Indifra Limited IPO Details

  • Retail Portion 50%

Indifra Limited IPO Documents

Indifra Limited IPO Analytics

Indifra Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Indifra Limited IPO Subscription Status

Indifra Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

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

EPS (Post IPO)
₹5.79/-
P/E Ratio
11.23

Returns

RoNW
82.45%

Data sourced from DRHP / RHP • For educational purposes only

Indifra Limited Financials( In Lakhs)

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

Indifra Limited Company & Offer Insights

About Indifra Limited

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)

Mr. Abhishek Sandeepkumar Agrawal, Sandeepkumar Vishwanath Agrawal HUF are the company's promoters of Indifra Limited.

Indifra Limited IPO Issue Objectives

To Meet Working Capital Requirements
For General Corporate Purposes and Funding investments for acquisitions
To meet Public Issue Expenses

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Indifra Limited IPO is a Fixed Priced IPO worth ₹2,160,000 shares(aggregating up to ₹14.04 Cr). The issue price is ₹65 per share (fixed price). The IPO opens on Dec 21, 2023 and closes on Dec 26, 2023. It will be listed on NSE SME Platform. Kfin Technologies Limited is the registrar.

The issue price of Indifra Limited IPO is ₹65 per share (fixed price).

The lot size of Indifra Limited IPO is 2000 shares.

The minimum investment for Indifra Limited IPO is approximately ₹1,30,000 based on the issue price .

Indifra Limited IPO opens on Dec 21, 2023 and closes on Dec 26, 2023.

The allotment date of Indifra Limited IPO is Dec 27, 2023.

Indifra Limited IPO is expected to be listed on Dec 29, 2023, on NSE SME Platform.

Indifra Limited IPO valuation snapshot: P/E 11.23, EPS ₹5.79/-, P/B N/A, RoNW 82.45%, and market cap N/A.

To apply for Indifra Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Indifra Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Indifra Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Indifra Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Indifra Limited IPO allotment status on IPO Ji for quick and easy access.