Indifra Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,026,000 (48%) | — | ₹667 Cr |
| Retail | — | 1,026,000 (48%) | — | ₹667 Cr |
| Market Maker | — | 108,000 (5%) | — | ₹7 Cr |
| Σ Total | — | 2,160,000 (100%) | — | ₹14,040 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹130,000 |
| Retail (Max) | 13 | 26,000 | ₹1,690,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,820,000 |
| B-HNI (Min) | 67 | 134,000 | ₹8,710,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 64 | 1,002 | 1,092 |
| Profit After Tax | 4 | 99 | 40 |
| Net Worth | 533 | 170 | 71 |
| Total Assets | 630 | 312 | 420 |
| Reserves & Surplus | 20 | 169 | 70 |
| Total Borrowing | — | 38 | 51 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To Meet Working Capital Requirements –
- For General Corporate Purposes and Funding investments for acquisitions –
- To meet Public Issue Expenses –
Company Overview
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.