
Integrity Infrabuild Developers Limited IPO
NSE SMEListed On: May 20, 2025 at ₹ 100.8
₹ 240000 /2400 Shares
*Min Investment
13 May, 2025
Open Date15 May, 2025
Close Date16 May, 2025
Allotment Date20 May, 2025
Listing DateIntegrity Infrabuild Developers IPO Issue Details
- Issue Price ₹100 per equity share
 - Face Value ₹10 Per Equity Share
 - Total Issue Size 12,00,000 shares(aggregating up to ₹12 crore)
 - Fresh Share 12,00,000 shares(aggregating up to ₹12 crore)
 - Listing at NSE SME
 - List Price 100.8
 - Listing Date 2025-05-20
 - Lead Manager Aryaman Financial Services Limited
 - Registrar Link Intime India Private Ltd
 
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount | 
|---|---|---|---|
| Retail (min) | 1 | 1200 | ₹1,20,000 | 
| Retail(max) | 1 | 1200 | ₹1,36,000 | 
| NII (min) | 2 | 2,400 | ₹2,40,000 | 
Integrity Infrabuild Developers IPO Details
Integrity Infrabuild Developers Limited IPO is an SME IPO, priced at ₹100 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 comprises a total issue of 12,00,000 equity shares, aggregating up to ₹12 crores..
The IPO bidding window is open from May 13, 2025 to May 15, 2025. The allotment is expected to be finalized on May 16, 2025, and the tentative listing date is May 20, 2025.
The minimum lot size for Retail investors is 1200 shares, with a minimum investment of ₹1,20,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,40,000.
Aryaman Financial Services Limited is acting as the lead manager to the issue. The registrar of the IPO is Link Intime India Private Ltd, and Aryaman Capital Markets Limited will act as the market maker for this issue.
Integrity Infrabuild Developers IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total | 
|---|---|---|---|
| Shares Offered / Reserved | 5,66,400 | 5,66,400 | 11,32,800 | 
Day 1 13-05-25 06:00 PM  | 0.70 x | 0.52 x | 0.61 x | 
Day 2 14-05-25 06:00 PM  | 0.96 x | 1.12 x | 1.04 x | 
Day 3 15-05-25 06:00 PM  | 2.21 x | 2.26 x | 2.23 x | 
Integrity Infrabuild Developers Valuations
Integrity Infrabuild Developers Company Financials
| 31-Dec-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|---|
| Assets | 33.35 | 20.68 | 15.25 | 13.06 | 
| Revenue | 68.97 | 64.63 | 45.23 | 33.48 | 
| Profit After Tax | 1.94 | 0.95 | 0.29 | 0.30 | 
| Net Worth | 4.56 | 3.10 | 1.78 | 2.55 | 
| Reserves & Surplus | 1.46 | N/A | N/A | N/A | 
| Total Borrowing | 12.86 | 11.17 | 5.22 | 6.51 | 
About Integrity Infrabuild Developers Company
Established in 2017, Integrity Infrabuild Developers Limited is a Class-A government-registered civil contractor in the Government of Gujarat.
The company undertakes construction work as a government project contractor in Gujarat and subcontracts on a regular basis to further its reach in the state's construction industry.
As of March 31, 2025, the company has secured recurring contracts amounting to ₹ 20,598 lakhs. Of this, works amounting to ₹ 4,291 lakhs have been completed, while the balance ₹ 16,307 lakhs are part of their order book.
As of March 31, 2025, the company had 53 full-time employees including KMP, Office Staff, Project Execution staff (Semi-skilled, unskilled worked including drivers).
Integrity Infrabuild Developers - Promoter(s)
Keyurkumar Sheth
Rajendrakumar Sheth
Disha Keyurkumar Sheth
Pre Issue Share Holding : 99.99%
Post Issue Share Holding : 72.09%
Integrity Infrabuild Developers IPO - Issue Objectives
Purchase of machinery and equipment
Funding Working capital requirements
General Corporate Purpose
Contact Details
Integrity Infrabuild Developers
Office No-02, Indiabulls, Mega Mall, Jetalpur Road, Akota Vadodara,Gujarat 390020
+91 87340 92229
Registrar Contact Details
Integrity Infrabuild Developers IPO - FAQs
Ans. Integrity Infrabuild Developers Limited IPO is a SME IPO. The issue is priced at ₹100 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on May 13, 2025, and closes on May 15, 2025. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Integrity Infrabuild Developers Limited IPO opens on May 13, 2025 and closes on May 15, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Integrity Infrabuild Developers Limited IPO is 12,00,000 shares(aggregating up to ₹12.00 Cr).
Ans. The Integrity Infrabuild Developers Limited IPO price band is set between ₹100 per equity share.
Ans. To apply for Integrity Infrabuild Developers Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
 - - Find Integrity Infrabuild Developers 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 Integrity Infrabuild Developers Limited IPO is May 16, 2025.
Ans. The Integrity Infrabuild Developers Limited IPO will be listed on May 20, 2025.
Ans. Follow the steps to check the Integrity Infrabuild Developers Limited IPO allotment status online.