Indifra IPO Date, GMP, Price, Allotment Details, Review and Daily updates.

Indifra Limited Is A Premier Provider Of Infrastructure Management Services, Gas Pipeline Laying And Electrical Appliance Distribution. Committed To Excellence, Safety And Innovation Through Diversified Ventures; From State-Of-The-Art Office Space Design To Being Preferred Distributors For V Guard Appliances Our Journey Is Marked With Growth Reliability And Customer Satisfaction.

Indifra IPO Details:

Indifra has announced its IPO date is fixed for December 21, opening to investors on December 21 and closing two days later on December 26. As an NSE SME IPO offering Rs14.04 crores through an offering price band set at Rs65 per market lot of 2000 shares each.

Indifra currently caters to various gas distribution companies for the management of their distribution pipelines, having previously worked with Adani Gas Limited under this vertical. Since 2022 they have also begun providing gas pipeline management services with Charotar Gas Sahakari Mandali Limited (CGSML), one of Gujarat’s premier natural gas distribution companies and world’s first cooperative Natural Gas Provider.

Indifra IPO  Date, GMP, Price, Allotment Details, Review and Daily updates.

CGMSL and Adani Gas Limited’s successful project execution has further cemented their status as reliable vendors to the gas distribution companies they serviced. company dedication is  to provide  high-quality services, strict timeline observance, and investment in cutting edge technology sets them apart from their competitors.

Indifra recognized an opportunity in FY 2017 to expand their business scope by venturing into electrical appliance sales. Recognizing customer’s increasing demands for high-quality products that enhance comfort and convenience, Indifra quickly established itself as a key distributor for V Guard electrical appliances – one of the premier brands within this field – servicing customers throughout Gujarat region.

Offer details and objectives:

Meet Working Capital Requirements. Govern General Corporate Activities and Fund Acquisition Investments. Cover Public Issue Expenses.

Indifra IPO Dates & Band Price Details:

IPO Open:December 21, 2023
IPO Close:December 26, 2023
IPO Size:Approx ₹14.04 Crores, 2,160,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹65 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:50% of the net offer
NII Quota:50% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

Indifra IPO Market Lot :

This initial public offering (IPO) involves an offering of 2,160,000 new shares worth Rs14.04 cr, allotted on 27th December with listings to take place 29th December on stock exchanges; they cost Rs65 each and the lot size for them will be 2000 shares each.

ApplicationLot SizeSharesAmount
Retail Minimum12000₹130,000
Retail Maximum12000₹130,000
S-HNI Minimum24000₹260,000

 IPO Allotment & Listing Dates:

Indifra has scheduled its initial public offering (IPO) date as December 21, and closing date as December 26. Allotment of shares should take place by December 27, with listing possible by December 29.

IPO Open Date:December 21, 2023
IPO Close Date:December 26, 2023
Basis of Allotment:December 27, 2023
Refunds:December 28, 2023
Credit to Demat Account:December 28, 2023
IPO Listing Date:December 29, 2023

Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹3.07₹2.92₹0.11
2022₹10.92₹10.39₹0.40
2023₹10.07₹8.67₹0.99
2024 3M₹0.64₹0.60₹0.04

Company details:

CategoryDetails
Peer GroupRBM Infracon Limited
Company Promoters– Mr. Abhishek Sandeepkumar Agrawal<br> – Sandeepkumar Vishwanath Agrawal HUF
Indifra IPO RegistrarKfin Technologies Limited<br> Phone: 04067162222, 04079611000<br> Email: [email protected]<br> Website: Kosmic Kfintech
Indifra IPO Allotment StatusCheck Indifra IPO allotment status on Kfin Technologies website URL. Click Here
Indifra IPO Lead ManagersBeeline Capital Advisors Pvt Ltd
Company AddressIndifra Limited<br> 9, Krishna Villa,<br> Nr. Aamrakunj Society, Karamsad, V.V. Nagar Road,<br> Karamsad, Anand- 388325<br> Phone: 02692-360191<br> Email: [email protected]<br> Website: Indifra

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Indifra GMP (Gray Market Premium Today):

DateGMPKostakSubject to
Today₹-₹-₹-
20 December₹-₹-₹-
19 December₹-₹-₹-
18 December₹-₹-₹-

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FAQs:

How to buy Indifra IPO?

Indifra Limited is offering shares to the general public via an Initial Public Offer (IPO), providing retail investors the ability to apply online.

When Indifra IPO start?

The Indifra IPO starts on December 21, 2023. The issue ends on December 26, 2023.

Why we should buy Indifra share?

Indifra Limited is offering shares to the general public via an Initial Public Offer (IPO), providing retail investors the ability to apply online.

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