Infonative Solutions Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 160,000 (5%) | — | ₹13 Cr |
| NII (HNI) | — | 704,000 (23%) | — | ₹556 Cr |
| Retail | — | 2,107,200 (67%) | — | ₹1,665 Cr |
| Market Maker | — | 156,800 (5%) | — | ₹12 Cr |
| Σ Total | — | 3,128,000 (100%) | — | ₹24,711 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 | 1,600 | ₹126,400 |
| Retail (Max) | 13 | 20,800 | ₹1,643,200 |
| S-HNI (Min) | 14 | 22,400 | ₹1,769,600 |
| B-HNI (Min) | 67 | 107,200 | ₹8,468,800 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 11 | 18 | 21 |
| Profit After Tax | 4 | 1 | 1 |
| Net Worth | 14 | 10 | 9 |
| Total Assets | 18 | 14 | 14 |
| Reserves & Surplus | 13 | 9 | 9 |
| Total Borrowing | 2 | 2 | 2 |
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 the expenses for development of new products, courses and new features in LMS and purchase of laptop – 7.35
- To meet the working capital requirements – 5.01
- General corporate purposes and Unidentified Acquisitions –
Company Overview
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