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Open
21 Dec 2023
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Close
26 Dec 2023
3
Allotment
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Listing
Fri, Dec 29, 2023
Price Band
₹65 per share
Issue Size
21,60,000 shares (agg. up to ₹14 Cr)
Lot Size
2,000 Shares
Listing Date
Fri, Dec 29, 2023
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
29-12-2023₹0Est. ₹65+0%
28-12-2023₹0Est. ₹65+0%
27-12-2023₹0Est. ₹65+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 7.05x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 6.30 | 3.12 | 4.20 | 2.30 |
| Total Income | 0.64 | 10.02 | 10.92 | 3.07 |
| Profit After Tax | 0.04 | 0.99 | 0.40 | 0.11 |
| NET Worth | 5.33 | 1.70 | 0.71 | 0.31 |
| Reserves and Surplus | 0.20 | 1.69 | 0.70 | 0.30 |
| Total Borrowing | 0.38 | 0.51 | 0.45 | |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirements | 8.00 |
| 2 | For General Corporate Purpose and Funding investments for acquisitions | 4.38 |
| 3 | Public Issue Expenses | 1.66 |
About Indifra IPO
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.+ Read More
Contact Details
Indifra Ltd. Address9, Krishna VillaNr.Aamrakunj Society, Karamsad, V.V.Nagar RoadKaramsadAnand, Gujarat, 38832502692-360191shares@indifra.inVisit Website