Indifra Limited IPO Price, Detail, GMP, Opening Date, Financial Report and More

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 DateDecember 21, 2023 to December 26, 2023
Price Band65 Rs per share
Face ValueRs 10 per share
Lot Size800 Shares
Total Issue Size2,160,000 shares
(aggregating up to ₹14.04 Cr)
Listing Date29 December 2023, Friday as per the schedule
Listing AtNSE 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 Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Profit After Tax3.5499.0839.9410.51
Net Worth533.25169.7070.6230.68
Reserves and Surplus20.25168.7069.6229.68
Total Borrowing38.2650.6145.05

Contact Details

Indifra Limited
9, Krishna Villa,
Nr. Aamrakunj Society, Karamsad, V.V. Nagar Road,
Karamsad, Anand- 388325
Phone: 02692-360191
Email: [email protected]

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