Integrity Infrabuild Developers Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 566,400 (47%) | — | ₹566 Cr |
| Retail | — | 566,400 (47%) | — | ₹566 Cr |
| Market Maker | — | 67,200 (6%) | — | ₹7 Cr |
| Σ Total | — | 1,200,000 (100%) | — | ₹12,000 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 | 1,200 | ₹120,000 |
| Retail (Max) | 13 | 15,600 | ₹1,560,000 |
| S-HNI (Min) | 14 | 16,800 | ₹1,680,000 |
| B-HNI (Min) | 67 | 80,400 | ₹8,040,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 69 | 65 | 45 |
| Profit After Tax | 2 | 1 | 0 |
| Net Worth | 5 | 3 | 2 |
| Total Assets | 33 | 21 | 15 |
| Reserves & Surplus | 1 | 0 | 0 |
| Total Borrowing | 13 | 11 | 5 |
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
- Purchase of machinery and equipment – 5.03
- Funding Working capital requirements – 3.64
- General Corporate Purpose – 2.40
Company Overview
Incorporated in 2017, Integrity Infrabuild Developers Limited is a Class-A civil contractor registered with the Government of Gujarat.
The company executes construction activities as a contractor for government projects in Gujarat and regularly subcontracts to expand its presence in the state's construction sector.
As of March 31, 2025, the company has secured ongoing contracts totalling ₹ 20,598 lakhs. Of this amount, works valued at ₹ 4,291 lakhs have been executed, while the remaining ₹ 16,307 lakhs are included in their order book.
As of March 31, 2025, the company had 53 full-time employees which include KMP, Office Staff, Project Execution staff (Semi-skilled, unskilled worked including drivers).
Competitive Strengths:
- Focused on Roads, Buildings and Bridge construction
- Strong project management capabilities with industry experience
- Visible growth through a robust order book
- Strong Financial Performance
- Technical Capabilities and Resources