Infonative Solutions Limited IPO (Infonative Solutions IPO) Detail
Infonative Solutions IPO is a bookbuilding of Rs 24.71 crores. The issue is entirely a fresh issue of 31.28 lakh shares.
Infonative Solutions IPO bidding opened for subscription on March 28, 2025 and will close on April 3, 2025. The allotment for the Infonative Solutions IPO is expected to be finalized on Friday, April 4, 2025. Infonative Solutions IPO will be list on BSE SME with a tentative listing date fixed as Tuesday, April 8, 2025.
Infonative Solutions IPO price band is set at ₹75 to ₹79 per share. The minimum lot size for an application is 1600. The minimum amount of investment required by retail investors is ₹1,20,000. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,26,400. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹2,52,800.
Share India Capital Services Private Limited is the book-running lead manager of the Infonative Solutions IPO, while Kfin Technologies Limited is the registrar for the issue.The market maker for Infonative Solutions IPO is Share India Securities Limited.
Refer to Infonative Solutions IPO RHP for detailed information.
Infonative Solutions IPO Details
| IPO Date | March 28, 2025 to April 3, 2025 |
| Listing Date | [.] |
| Face Value | ₹1 per share |
| Issue Price Band | ₹75 to ₹79 per share |
| Lot Size | 1,600 Shares |
| Total Issue Size | 31,28,000 shares (aggregating up to ₹24.71 Cr) |
| Fresh Issue | 31,28,000 shares (aggregating up to ₹24.71 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 87,19,800 shares |
| Share Holding Post Issue | 1,18,47,800 shares |
| Market Maker Portion | 1,56,800 shares Share India Securities Limited |
Infonative Solutions IPO Reservation
Infonative Solutions IPO offers total 31,28,001 shares. Out of which 1,60,000 (5.12%) allocated to QIB, 7,04,001 (22.51%) allocated to NII, 21,07,200 (67.37%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 1,56,800 (5.01%) |
| QIB Shares Offered | 1,60,000 (5.12%) |
| NII (HNI) Shares Offered | 7,04,001 (22.51%) |
| Retail Shares Offered | 21,07,200 (67.37%) |
| Total Shares Offered | 31,28,001 (100%) |
Infonative Solutions IPO Timeline (Tentative Schedule)
Infonative Solutions IPO opens on March 28, 2025, and closes on April 3, 2025.
| IPO Open Date | Fri, Mar 28, 2025 |
| IPO Close Date | Thu, Apr 3, 2025 |
| Tentative Allotment | Fri, Apr 4, 2025 |
| Initiation of Refunds | Mon, Apr 7, 2025 |
| Credit of Shares to Demat | Mon, Apr 7, 2025 |
| Tentative Listing Date | Tue, Apr 8, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 3, 2025 |
Infonative Solutions IPO Lot Size
Investors can bid for a minimum of 1600 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 | 1600 | ₹1,26,400 |
| Retail (Max) | 1 | 1600 | ₹1,26,400 |
| HNI (Min) | 2 | 3,200 | ₹2,52,800 |
| Lot Size Calculator | |||
Infonative Solutions IPO Promoter Holding
| Share Holding Pre Issue | 94.13% |
| Share Holding Post Issue | 69.28% |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
About Infonative Solutions Limited
Incorporated in 2014, Infonative Solutions Ltd specializes in custom learning development solutions for corporate and educational sectors.
The company focuses on developing and designing eLearning content, and services, including offering cloud-based learning management systems (LMS) and other related products.
The company specializes in bespoke e-learning solutions, consulting, courseware, and off-the-shelf content, with expertise in LMS, instructional design, gamification, AR/VR-based content, and software simulations.
The company provides cutting-edge e-learning delivery services to clients including Fortune 500 companies, Big 4 consulting firms, IT/ITES, education, and government agencies in industries like BFSI, consulting, and FMCG.
Services:
- Training Solutions: Product Training, Leadership Training, Behavioural Training, and Onboarding Training.
- Assessing the current program: To analyze gaps in terms of updated content, technical feasibility, geographical distribution, and training delivery.
- Profiling audience: Training mode (self-paced, virtual instructor-led, or blended) depends on the sales staff’s needs, devices, and time.
- Building a prototype: To give a first-hand perspective of the output and then do full-scale development once the prototype is approved.
Products:
- MindScroll LMS:A cloud-based, mobile-responsive Learning Management System for delivering and managing online training.
- Off-The-Shelf Courses: Pre-designed courses covering topics like soft skills, data visualization, and insurance sales.
- eLearning Market:A platform offering customizable eLearning templates, vector icons, and music for diverse project needs.
As of March 31, 2024, and as of September 30, 2024, the company had a total strength of 154 and 157 employees.
Competitive Strengths:
- Experienced Promoters and Qualified Senior Management Team
- Scalable Business Model
- Commitment to Meeting Market Needs
- Expanding the Off the Shelf Library
Company Financials
Infonative Solutions Limited Financial Information (Restated)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 18.2 | 14.37 | 13.53 | 10.54 |
| Revenue | 11.42 | 18.08 | 20.95 | 18.63 |
| Profit After Tax | 3.64 | 1.45 | 1.07 | 2.23 |
| Net Worth | 13.75 | 10.11 | 8.66 | 7.59 |
| Reserves and Surplus | 12.88 | 9.23 | 8.51 | 7.44 |
| Total Borrowing | 1.71 | 1.97 | 2.49 | 0.46 |
| Amount in ₹ Crore | ||||
Key Performance Indicator (KPI)
The market capitalization of Infonative Solutions IPO is Rs 93.60 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROE | 15.46% |
| ROCE | 18.60% |
| Debt/Equity | 0.19 |
| RoNW | 15.46% |
| PAT Margin | 8.20 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 1.66 | 6.15 |
| P/E (x) | 47.5 | 12.84 |
- The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2024 that is available in RHP.
Objects of the Issue (Infonative Solutions IPO Objectives)
The Company Infonative Solutions IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Millions) |
|---|---|---|
| 1 | To meet the expenses for development of new products, courses and new features in LMS and purchase of laptop | 73.52 |
| 2 | To meet the working capital requirements | 50.07 |
| 3 | General corporate purposes and Unidentified Acquisitions |
Infonative Solutions IPO Review (Avoid)
[Dilip Davda] ISL is principally engaged in developing, designing of e Learning content and related services. It posted inconsistency in its top and bottom lines for the reported periods. Boosted profits for H1 of FY25 appears to be window dressing for fetching fancy valuations. Based on its recent financial performance, the issue appears aggressively priced. Tiny paid-up equity capital post-IPO indicates longer gestation period. The company is operating in a highly competitive and fragmented segment. There is no harm in skipping this “High Risk/Low Return” pricey bet. Read detail review…
Infonative Solutions IPO Subscription Status (Bidding Detail)
The Infonative Solutions IPO is subscribed 0.52 times on March 28, 2025 6:54:44 PM (Day 1). The public issue subscribed 0.72 times in the retail category, 0 times in the QIB category, and 0.03 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 0 | 1,60,000 | 0 | 0 |
| NII* | 0.03 | 7,04,001 | 20,800 | 0 |
| Retail | 0.72 | 21,07,200 | 15,13,600 | 0 |
| Total | 0.52 | 29,71,201 | 15,34,400 | 966 |
Total Application : 966
*Market Maker portion is not included to NII/HNI.
Infonative Solutions IPO Prospectus
Infonative Solutions Limited Contact Details
Infonative Solutions Limited
107,
DLF South City Court,
Saket, New Delhi-110017
Phone: 011-45082517
Email: cs@infonativesolutions.com
Website: https://www.infonative.net/
Infonative Solutions IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: isl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
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