Indifra Limited IPO
- IPO Date21 Dec, 2023 to 26 Dec, 2023
- Listing Date29 Dec, 2023
- Face Value₹10 per share
- Issue Price₹65 to ₹65 per share
- Lot Size2000 Shares
- Minimum Investment₹1,30,000
- Listing AtNSE SME
- Total Issue Size21,60,000 Shares
(aggregating up to ₹14.04 Cr) - Fresh Issue21,60,000 Shares
(aggregating up to ₹14.04 Cr)
- Offer for Sale-
- Issue TypeFixed Price Issue IPO
- Share holding pre issue51,30,000
- Shareholding post issue72,90,000
IPO Dates
Closing Date
26 Dec, 2023
Initiation of Refunds
28 Dec, 2023
Listing Date
29 Dec, 2023
21 Dec, 2023
Opening Date
27 Dec, 2023
Basis of Allotment
28 Dec, 2023
Credit of Shares
Indifra Limited Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The below 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 | 2000 | ₹1,30,000 |
| HNI (Min) | 2 | 4000 | ₹2,60,000 |
| Retail (Max) | 1 | 2000 | ₹1,30,000 |
Indifra Limited Promoter Holding
Mr. Abhishek Sandeepkumar Agrawal and Sandeepkumar Vishwanath Agrawal HUF are the promoters of the company.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 96% | 67.55% |
Key Performance Indicator
Indifra IPO Market Cap is Rs 47.39 Cr and P/E (x) is 11.23.
| KPI | Values |
|---|---|
| ROE | 82.45% |
| ROCE | 86.21% |
| RoNW | 82.45% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 11.23 | 5.79 |
| P/E (x) | 11.23 | 5.79 |
Indifra Limited COMPANY INFORMATION
Indifra IPO is a fixed price issue of Rs 14.04 crores. The issue is entirely a fresh issue of 21.6 lakh shares. Indifra IPO is open for subscription on December 21, 2023 and close today December 26, 2023. The allotment for the Indifra IPO is expected to be finalized on Wednesday, December 27, 2023. Indifra IPO will list on NSE SME with tentative listing date fixed as Friday, December 29, 2023. Indifra IPO price is ₹65 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹130,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹260,000. Beeline Capital Advisors Pvt Ltd is the book running lead manager of the Indifra IPO, while Kfin Technologies Limited is the registrar for the issue. The market maker for Indifra IPO is Spread X Securities. Refer to Indifra IPO RHP for detailed information.
Incorporated in 2009, 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.
FAQs About Indifra Limited Ipo
Indifra Limited IPO will open on 21 Dec, 2023 and close on 26 Dec, 2023. Investors must apply within this period to participate.
The Indifra Limited IPO price band is set between ₹65.00 and ₹65.00 per share. The minimum lot size is 2000, requiring an investment of at least ₹130000.00.
The Indifra Limited IPO shares are expected to be listed on 29 Dec, 2023, subject to regulatory approvals and final allotment.
You can track your Indifra Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Indifra Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.