Indifra Ltd
Price Range
₹65
-
Min. Quantity
2,000
Closes on
26 December 2023
-
Min. investment
₹1,30,000/2,000 Shares
Indifra Ltd IPO Timeline
Indifra Ltd was originally incorporated as 'Starleads Consultants Private Limited' as a Private Limited Company vide Certificate of Incorporation dated May 20, 2009, issued by the Assistant Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Subsequently, the name of Company was changed from 'Starleads Consultants Private Limited' to 'Airan Infrastructure Private Limited on January 24, 2012. Thereafter, the name of Company was changed from 'Airan Infrastructure Private Limited' to 'Indifra Private Limited' on December 26, 2022. Further, our Company was converted from a Private Limited Company to Public Limited Company and consequently, the name of Company was changed to 'Indifra Limited' and a fresh certificate of incorporation dated May 18, 2023 was issued to Company by the Registrar of Companies, Ahmedabad.
| Event | Date |
|---|---|
| Indifra Ltd IPO Opening Date | 21 December 2023 |
| Indifra Ltd IPO Closing Date | 26 December 2023 |
| Basis of Allotment | 27 December 2023 |
| Initiation of Refunds | 28 December 2023 |
| Credit of Shares to Demat | 28 December 2023 |
| Indifra Ltd IPO Listing Date | 29 December 2023 |
Indifra Ltd IPO Details
| Indifra Ltd IPO Date | 21 December 2023 to 26 December 2023 |
| Indifra Ltd IPO Face Value | ₹10 per share |
| Indifra Ltd IPO Price | ₹65 to ₹0 per share |
| Indifra Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹14.04 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹14.04 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Abhishek Sandeepkumar Agrawal, Sandeepkumar Vishwanath Agrawa |
Indifra Ltd IPO Lot Size
The Indifra Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 1 lots (2,000 shares or ₹1,30,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹1,30,000 |
| Maximum | 1 | 2,000 | ₹1,30,000 |
- Strengths
- Risks
- Opportunities
- Experienced Management Team.
- Well-defined organizational structure.
- Existing Supplier Relationship.
- Customer Relationship.
- Asset Light Business Model .
Company Financials
Indifra Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 18.44 | 10.06 | -1.19 |
| 03-2023 | 3.12 | 10.02 | 1.00 |
| 03-2022 | 4.2 | 10.92 | 0.40 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- To meet working capital requirements
- Funding investments for acquisitions and general corporate purposes
Indifra Ltd IPO Promoter Holding
| Pre Issue Share Holding | 77.97% |
| Post Issue Share Holding | 54.87% |
Indifra Ltd IPO Subscription Status (Bidding Detail)
The Indifra Ltd IPO is subscribed 6.8935 times on 26 December 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 6.8935 |
Indifra Ltd IPO Prospectus
Indifra Ltd IPO Listing Date
| BSE Script | 91807 |
| NSE Symbol | INDIFRA |
| Listing In | NSE - SME |
| ISIN | INE0PS301014 |
| IPO Price | ₹65 |
| Face Value | ₹10 |
Company Contact Information
# 9 Krishna Villa Nr AamrakunjSociety Karamsad VV Nagar Rd,Anand-388325
Phone: 02692-360191
Email: shares@indifra.in
Website: www.indifra.com
Indifra Ltd IPO Registrar
Indifra Ltd IPO Lead Manager(s)
- Beeline Capital Advisors Pvt Ltd
FAQ
What is the issue size of Indifra Ltd IPO?
I have pre-applied for Indifra Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.