IPO

Indifra Limited IPO

NSE SME

Listed On: Dec 29, 2023 at ₹ 72.0

₹ 130000 /2000 Shares

Check Allotment

Indifra Limited IPO Details

21 Dec, 2023

Open Date

26 Dec, 2023

Close Date

27 Dec, 2023

Allotment Date

29 Dec, 2023

Listing Date

Issue Price

₹65 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Kfin Technologies Limited

List Price

72.0

Listing Date

2023-12-29

Market Lot

2000 Shares (₹130,000/-)

Lead Manager

Beeline Capital Advisors Pvt Ltd

Issue Size

2,160,000 shares(aggregating up to ₹14.04 Cr)

Retail Portion

50%

Subscription

7.26 times

IPO Docs

DRHP RHP

Indifra Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved1,026,0001,026,0002,052,000
Day 1 - 21-12-23 06:00 PM0.25 x1.23 x0.74 x
Day 2 - 22-12-23 06:00 PM0.31 x3.39 x1.85 x
Day 3 - 26-12-23 06:00 PM2.44 x12.07 x7.26 x

Indifra Limited Valuations

Earnings Per Share (EPS)

₹5.79/-

P/E Ratio

11.23

RoNW

82.45%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Indifra Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets312.46420.10229.63
Revenue1,001.691,092.41306.54
Profit After Tax99.0839.9410.51

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.

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Indifra Limited - Promoter(s)

Pre Issue Share Holding: 96%

Post Issue Share Holding: 67.55%

Company Promoter(s)

  1. Mr. Abhishek Sandeepkumar Agrawal
  2. Sandeepkumar Vishwanath Agrawal HUF

Indifra Limited IPO - Issue Objectives

  1. To Meet Working Capital Requirements
  2. For General Corporate Purposes and Funding investments for acquisitions
  3. 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.