INDIFRA LIMITED (NSE SME)
December 21, 2023 – December 26, 2023
| Price | ₹65 - ₹65 |
| Premium | ₹0 |
|---|---|
| Lot size | 2000 |
| Allotment | Dec 27, 2023 |
| Listing | Dec 29, 2023 |
Indifra Limited
9, Krishna Villa,
Nr. Aamrakunj Society, Karamsad, V.V. Nagar Road,
Karamsad, Anand- 388325
Phone: 02692-360191
Email: shares@indifra.in
Website: https://www.indifra.com/#
Last updated on 26-Dec-2023 17:00:26
| Category | Offered | Applied | Times |
|---|---|---|---|
| NIB | 1026000 | 2508000 | 2.44 |
| RETAIL | 1026000 | 12382000 | 12.07 |
| Total | 2052000 | 14890000 | 7.26 |
| Retail Apps | 6191 | © IPO Premium | |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 2000 | 130000 | 513 |
| HNI | 2 | 4000 | 260000 | 513 |
Incorporated in 2009, Indifra Limited, previously known as Starleads Consultants Private Limited, provides infrastructure management, gas pipeline laying and electrical equipment distribution services.
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 on 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.
Indifra IPO Details
| 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 |
Indifra IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the net offer |
| Other Shares Offered | 50% of the net offer |
Company Financials
Indifra Limited Financial Information (Restated)
Indifra Limited's revenue decreased by -8.3% and profit after tax (PAT) rose by 148.07% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | 30 Jun 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
| Assets | 630.24 | 312.46 | 420.10 | 229.63 |
| Revenue | 64.28 | 1,001.69 | 1,092.41 | 306.54 |
| Profit | 3.54 | 99.08 | 39.94 | 10.51 |
| Net Worth | 533.25 | 169.70 | 70.62 | 30.68 |
| Reserves | 20.25 | 168.70 | 69.62 | 29.68 |
| Borrowing | 38.26 | 50.61 | 45.05 | |
| Amount in ₹ Lakhs | ||||