Indifra Limited, founded in 2009 (previously called Starleads Consultants Private Limited), does a couple of things. First, they help manage gas pipelines for companies that supply gas. Currently, they’re working with Charotar Gas Sahakari Mandali Limited (CGSML) and have done projects for Adani Gas Limited.
The company sells various electrical items like voltage stabilizers, cooktops, inverters, batteries, fans, switches, air coolers, water heaters, switches, solar water heaters, and energy-efficient fans and heaters. They have 11 employees as of June 30, 2023.
Key Points Regarding Indifra Limited IPO
| IPO Date | December 21, 2023 to December 26, 2023 |
| Price Band | 65 Rs per share |
| Face Value | Rs 10 per share |
| Lot Size | 800 Shares |
| Total Issue Size | 2,160,000 shares (aggregating up to ₹14.04 Cr) |
| Listing Date | 29 December 2023, Friday as per the schedule |
| Listing At | NSE SME |
Indifra Limited IPO Overview
Fixed price issue totaling Rs 14.04 crores.
Entirely a fresh issue of 21.6 lakh shares.
Subscription Details
- Subscription period from December 21 to December 26, 2023.
- Allotment expected on Wednesday, December 27, 2023.
Listing Information
- Tentative listing date set for Friday, December 29, 2023, on NSE SME.
IPO Price
- Fixed price of ₹65 per share.
Lot Size and Investment
- Minimum lot size for an application: 2000 shares.
- Retail investors require a minimum investment of ₹130,000.
Investment Requirements for HNI
- HNI (High Net Worth Individuals): 2 lots (4,000 shares), totalling ₹260,000.
Indifra Limited Financial
Here’s a quick look at Indifra Limited breakdown in terms of money (in ₹ Lakh )
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 630.24 | 312.46 | 420.10 | 229.63 |
| Revenue | 64.28 | 1,001.69 | 1,092.41 | 306.54 |
| Profit After Tax | 3.54 | 99.08 | 39.94 | 10.51 |
| Net Worth | 533.25 | 169.70 | 70.62 | 30.68 |
| Reserves and Surplus | 20.25 | 168.70 | 69.62 | 29.68 |
| Total Borrowing | – | 38.26 | 50.61 | 45.05 |
Contact Details
Indifra Limited
9, Krishna Villa,
Nr. Aamrakunj Society, Karamsad, V.V. Nagar Road,
Karamsad, Anand- 388325
Phone: 02692-360191
Email: [email protected]
Website: https://www.indifra.com/
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