Indifra Limited
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Dec 21 to Dec 26, 2023
Price Band
₹65
Current GMP
₹72 (10.76%)
Subscription
7.21 times
IPO Details
| IPO Date | December 21, 2023 to December 26, 2023 |
| Listing Date | Friday, December 29, 2023 |
| Face Value | ₹10 per share |
| Price | ₹65 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 2,160,000 shares (aggregating up to ₹14.04 Cr) |
| Fresh Issue | 2,160,000 shares (aggregating up to ₹14.04 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 5,130,000 |
| Share holding post issue | 7,290,000 |
| Market Maker portion | 108,000 shares Spread X Securities |
IPO Date
December 21, 2023 to December 26, 2023
Listing Date
Friday, December 29, 2023
Face Value
₹10 per share
Price
₹65 per share
Lot Size
2000 Shares
Total Issue Size
2,160,000 shares (aggregating up to ₹14.04 Cr)
Fresh Issue
2,160,000 shares (aggregating up to ₹14.04 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
NSE SME
Share holding pre issue
5,130,000
Share holding post issue
7,290,000
Market Maker portion
108,000 shares Spread X Securities
IPO Subscription Details
| Market Maker | 1 |
| Non-Institutional Buyers* | 2.34 |
| Retail Investors | 12.07 |
| Total ** | 7.21 |
Market Maker
1
Non-Institutional Buyers*
2.34
Retail Investors
12.07
Total **
7.21
Day Wise Sub
| Day | NII* | Retail | Total |
|---|---|---|---|
| Day 1 Dec 21, 2023 | 0.25 | 1.23 | 0.74 |
| Day 2 Dec 22, 2023 | 0.31 | 3.39 | 1.85 |
| Day 3 Dec 26, 2023 | 2.34 | 12.07 | 7.21 |
DayDay 1
Dec 21, 2023
NII*0.25
Retail1.23
Total0.74
DayDay 2
Dec 22, 2023
NII*0.31
Retail3.39
Total1.85
DayDay 3
Dec 26, 2023
NII*2.34
Retail12.07
Total7.21
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 29-12-2023 | 65.00 | 0 (0%) | 65 |
| 28-12-2023 | 65.00 | 0 (0%) | 65 |
| 27-12-2023 | 65.00 | 0 (0%) | 65 |
| 26-12-2023 | 65.00 | 0 (0%) | 65 |
| 25-12-2023 | 65.00 | 0 (0%) | 65 |
| 24-12-2023 | 65.00 | 0 (0%) | 65 |
| 23-12-2023 | 65.00 | 0 (0%) | 65 |
| 22-12-2023 | 65.00 | 0 (0%) | 65 |
| 21-12-2023 | 65.00 | 0 (0%) | 65 |
| 20-12-2023 | 65.00 | 0 (0%) | 65 |
| 19-12-2023 | 65.00 | 0 (0%) | 65 |
| 18-12-2023 | 65.00 | 0 (0%) | 65 |
Date29-12-2023
Price65.00
GMP0 (0%)
Estimate List Price65
Date28-12-2023
Price65.00
GMP0 (0%)
Estimate List Price65
Date27-12-2023
Price65.00
GMP0 (0%)
Estimate List Price65
Date26-12-2023
Price65.00
GMP0 (0%)
Estimate List Price65
Date25-12-2023
Price65.00
GMP0 (0%)
Estimate List Price65
Date24-12-2023
Price65.00
GMP0 (0%)
Estimate List Price65
Date23-12-2023
Price65.00
GMP0 (0%)
Estimate List Price65
Date22-12-2023
Price65.00
GMP0 (0%)
Estimate List Price65
Date21-12-2023
Price65.00
GMP0 (0%)
Estimate List Price65
Date20-12-2023
Price65.00
GMP0 (0%)
Estimate List Price65
Date19-12-2023
Price65.00
GMP0 (0%)
Estimate List Price65
Date18-12-2023
Price65.00
GMP0 (0%)
Estimate List Price65
IPO Important Dates
| IPO Open Date | Thursday, December 21, 2023 |
| IPO Close Date | Tuesday, December 26, 2023 |
| Basis of Allotment | Wednesday, December 27, 2023 |
| Initiation of Refunds | Thursday, December 28, 2023 |
| Credit of Shares to Demat | Thursday, December 28, 2023 |
| Listing Date | Friday, December 29, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 26, 2023 |
IPO Open Date
Thursday, December 21, 2023
IPO Close Date
Tuesday, December 26, 2023
Basis of Allotment
Wednesday, December 27, 2023
Initiation of Refunds
Thursday, December 28, 2023
Credit of Shares to Demat
Thursday, December 28, 2023
Listing Date
Friday, December 29, 2023
Cut-off time for UPI mandate confirmation
5 PM on December 26, 2023
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹130,000 |
| Retail (Max) | 1 | 2000 | ₹130,000 |
| HNI (Min) | 2 | 4,000 | ₹260,000 |
ApplicationRetail (Min)
Lots1
Shares2000
Amount₹130,000
ApplicationRetail (Max)
Lots1
Shares2000
Amount₹130,000
ApplicationHNI (Min)
Lots2
Shares4,000
Amount₹260,000
Financial Information
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 630.24 | 312.46 | 420.10 |
| Revenue | 64.28 | 1,001.69 | 1,092.41 |
| Profit After Tax | 3.54 | 99.08 | 39.94 |
| Net Worth | 533.25 | 169.70 | 70.62 |
| Reserves and Surplus | 20.25 | 168.70 | 69.62 |
| Total Borrowing | 38.26 | 50.61 |
Period EndedPeriod Ended
30 Jun 202330 Jun 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
30 Jun 2023630.24
31 Mar 2023312.46
31 Mar 2022420.10
Period EndedRevenue
30 Jun 202364.28
31 Mar 20231,001.69
31 Mar 20221,092.41
Period EndedProfit After Tax
30 Jun 20233.54
31 Mar 202399.08
31 Mar 202239.94
Period EndedNet Worth
30 Jun 2023533.25
31 Mar 2023169.70
31 Mar 202270.62
Period EndedReserves and Surplus
30 Jun 202320.25
31 Mar 2023168.70
31 Mar 202269.62
Period EndedTotal Borrowing
30 Jun 2023
31 Mar 202338.26
31 Mar 202250.61
Key Performance Indicator
| P/E (x) | 11.23 |
| Post P/E (x) | 342 |
| Market Cap (₹ Cr.) | 47.39 |
| ROE | 82.45% |
| ROCE | 86.21% |
| EPS (Rs) | 5.79 |
P/E (x)
11.23
Post P/E (x)
342
Market Cap (₹ Cr.)
47.39
ROE
82.45%
ROCE
86.21%
EPS (Rs)
5.79
IPO Reservation
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 108,000 (5.00%) |
| Other Shares Offered | 1,026,000 (47.50%) |
| Retail Shares Offered | 1,026,000 (47.50%) |
| Total Shares Offered | 2,160,000 (100%) |
Anchor Investor Shares Offered
-
Market Maker Shares Offered
108,000 (5.00%)
Other Shares Offered
1,026,000 (47.50%)
Retail Shares Offered
1,026,000 (47.50%)
Total Shares Offered
2,160,000 (100%)
Information about company
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.
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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