Hello my fellow finance enthusiasts, there is a huge investment opportunity opening up in the near future. Yes, you heard absolutely right. The Indifra Limited IPO is going to open soon. So I will give you complete information about Indifra Limited IPO here on IPO India.
On this article I will inform you about Indifra Limited IPO Date, Price, GMP, Review and Best 3 IPOs to Invest. So without wasting any more time let’s start.
About Indifra Limited
Established in the year 2009, Indifra Limited specializes in infrastructure management contracting, gas pipeline installation and distribution of electrical equipment. Formerly known as Starleads Consultants Pvt Ltd, the company operates in two main business areas:
- Infrastructure management contracting services, especially in the areas of pipeline management.
- Distribution of electrical appliances.
Indifra Limited is actively engaged in providing comprehensive gas pipeline management services to gas supplying companies. As of December 2023, the company is currently serving Charotar Gas Sahakari Mandali Limited (CGSML) with its gas pipeline management expertise. In addition, Indifra Limited has undertaken projects for Adani Gas Limited, demonstrating its expertise in the industry.
Indifra Limited IPO GMP
| Exp. Premium (GMP) | ₹[_] per Share |
About Indifra Limited IPO
Here is some information about Indifra Limited IPO which will help you in making a decision to invest in Indifra Limited IPO. It appears to be a book-built offer with a total value of Rs ₹14.04 crore, including 21.6 Lakh share offer for sale in full.
Summary of the key details
- Issue Size: Rs 14.04 crores
- Offer for Sale: 21.6 Lakh shares
- Subscription Period: December 21, 2023 to December 26, 2023
- Allotment Date: December 27, 2023
- Listing Date: December 29, 2023
Price Range of Indifra Limited IPO
- ₹65 per share
Lot Size of Indifra Limited IPO
- Minimum Lot: 2000 Shares.
- Minimum Investment for Retail Investors: ₹130,000
Minimum Lot Size Investments for Indifra Limited IPO
- HNI: 2 lots (4000 shares), amounting to ₹160,000
This information provides potential investors with the details they need to participate in the Indifra Limited IPO. It is important to note that investing in IPOs carries risks, and individuals should do their own research or consult financial professionals before making investment decisions.
To Open a trading and demat account in Zerodha
Indifra Limited IPO
| Open Date | December 21, 2023 |
| Close Date | December 26, 2023 |
| Allotment Date | December 27, 2023 |
| Listing Date | December 29, 2023 |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹65 Per Equity Share |
| Issue Size | 2,160,000 shares (Aggregating up to ₹14.04 Cr) |
| Market Lot (Min. Amount) | 2000 Shares (₹130,000/-) |
| Listing at Group(s) | NSE SME |
| Lead Manager | Beeline Capital Advisor Pvt Ltd |
| Register | Kfin Technologies Limited |
| Retail Portion | 50% |
To know more about IPOs.
Valuations of Indifra Limited IPO
| Earnings Per Share (EPS) | ₹5.79/- |
| P/E Ratio | 11.23 |
| RoNW | 82.45% |
| Net Asset Value (NAV) -as on 31.03.23 | ₹N/A |
Indifra Limited Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Jun 2023 | 630.24 | 64.28 | 3.54 | 533.25 | 20.25 | |
| 31 Mar 2023 | 312.46 | 1,001.69 | 99.08 | 169.70 | 168.70 | 38.26 |
| 31 Mar 2022 | 420.10 | 1,092.41 | 39.94 | 70.62 | 69.62 | 50.61 |
| 31 Mar 2021 | 229.63 | 306.54 | 10.51 | 30.68 | 29.68 | 45.05 |
Promoter(s)
| Pre Issue Share Holding | 96% |
| Post Issue Share Holding | 67.55% |
Company Promotor(s):-
- Mr. Abhishek Sandeepkumar Agrawal
- Sandeepkumar Vishwanath Agrawal HUF
If you are new to the investment section and want to know how to invest in IPOs, you can read our article “How to Invest in IPOs?“.
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 11.23 |
| Post P/E (x) | 342 |
| Market Cap (₹ Cr/-) | 47.39 |
| ROE | 82.45% |
| ROCE | 8621% |
| EPS (Rs) | 5.79 |
| RoNW | 82.45% |
Issue Objective(s)
- To Meet Working Capital Requirement
- for General Corporate Purposes and Funding Investment for acquisitions
- To Meet Public Issue Expenses
Indifra Limited IPO Registrar
| Name | Kfin Technologies Limited |
| Phone | 04067162222, 04079611000 |
| indifra.ipo@kfintech.com | |
| Website | https://kosmic.kfintech.com/ipostatus/ |
Indifra Limited IPO Review
The Indifra Limited IPO emerges as an attractive opportunity for investors seeking exposure to the infrastructure management and electrical distribution sector. With a commendable track record since its inception in 2009, the company has carved a niche in gas pipeline management by undertaking significant projects for prestigious clients such as Charotar Gas Sahakari Mandali Limited (CGSML) and Adani Gas Limited.
The IPO details show an offer for sale of 21.6 lakh shares with a total issue size of Rs. 14.04 crore showing a well-structured offering. The subscription window spans from December 21, 2023 to December 26, 2023, and the allotment date is set for December 27, 2023, with an expected listing on December 29, 2023. Priced at Rs 65 per share, the minimum lot size for retail investors is 2000 shares, with a minimum of Rs. 130,000 investment required.
Financial metrics, including a strong return on net worth (RoNW) of 82.45% and earnings per share (EPS) of ₹5.79, underline the financial strength of the company. However, potential investors should approach IPO investments with caution, recognizing the inherent risks associated with them. The primary objectives of an IPO include meeting the working capital requirements, obtaining funds and covering the costs of the public issue.
With post-issue shareholding at 67.55%, Indifra Ltd looks poised for growth. Investors are encouraged to conduct thorough due diligence considering market conditions and risk factors before making investment decisions. For additional enquiries, individuals may refer to the comprehensive Indifra Limited IPO FAQ or contact the Registrar, Kfin Technologies Limited.
Conclusion
In conclusion, the Indifra Limited IPO presents an attractive investment opportunity in the infrastructure management and electrical distribution sector. Established in 2009, the company has demonstrated its expertise in gas pipeline management, serving notable clients such as undertaking projects for Charotar Gas Sahakari Mandali Limited (CGSML) and Adani Gas Limited.
IPO Details With an offer for sale of 21.6 lakh shares the total issue size is Rs. 14.04 crore showing. The subscription period is set from December 21, 2023 to December 26, 2023, and the allotment date is December 27, 2023, with listing scheduled for December 29, 2023. The issue price is Rs 65 per share and the minimum lot size is 2000 shares for retail investors, with a minimum of Rs. 130,000 investment required.
While the financials show a strong RoNW of 82.45% and earnings per share (EPS) of ₹5.79, potential investors should exercise due diligence and consider the associated risks. The company’s post-issue shareholding is 67.55% and the IPO aims to cover working capital requirements, fund acquisition and public issue costs. For further information and assistance, interested investors may refer to the Indifra Limited IPO FAQ or contact the Registrar, Kfin Technologies Limited.
Indifra Limited IPO FAQs
When Indifra Limited IPO is coming?
The Sameera Agro IPO opens on December 21, 2023 and closes on December 27, 2023.
What is the lot size of Indifra Limited IPO?
Indifra IPO lot size is 2000 Shares, and the minimum amount required is ₹130,000.
When Indifra Limited IPO Allotment?
The finalization of Basis of Allotment for Indifra IPO will be done on Wednesday, December 27, 2023, and the allotted shares will be credited to your demat account by Thursday, December 28, 2023.