Infurnia, is an architecture and interior design software Company. The company was set up in 2014. It owns, developed and operates a cloud-based platform that allows professionals to design buildings, interiors, and modular kitchens. Infurnia provides a viable alternative to architects looking to work in a more collaborative environment, not just in terms of the designs but also how that design data is shared across the various stakeholders in a project.
After the first year of research and development, Infurnia’s first product was released in 2015 – a web based 3d wardrobe configurator. In 2016, Infurnia expanded the solution to modular kitchen design, but within a cuboidal shaped room only.
In 2017, Infurnia further enhanced the scope of the solution to include a full-fledged floorplan design module. In 2018, the scope of the software was further enhanced to designing of multi-floored apartments along with staircase, etc.
In 2019, Infurnia innovated an audacious concept for the architecture design world. In 2020, when covid struck, Infurnia took another bold step of rearchitecting the entire software so that Infurnia shifts from web-only to web-first approach and become natively available on all major platforms like desktops, tablets, virtual reality, servers, etc
All these years, as Infurnia reinvented itself into a grander form of its former self, the company survived through multiple small fund raises totalling more than Rs 10 Crore in equity funding from a clutch of investors and corporate bodies. Many of the small ticket investors were friends and family of the founders.
Infurnia believes that the future of the design industry lies in cloud-based platforms. Taking advantage of improving web technologies and digital infrastructure, Infurnia brings all the benefits of a cloud-based platform to the design industry, at a disruptive price. Infurnia’s focus is to create an integrated and easy to access design platform for the architecture and interior design ecosystem. It is working towards pioneering a full-fledged parametric BIM (Building Information Modelling) design software on the cloud.
Our Product
- Floorplan Design
- 3D BIM Design
- Elevation Drawings
- Rendering
- Design Documentation
- Price Quotation
- Co-Design
- Design Version Control and Design Branching
- Admin Portal
- Product Development Cycle
Competitive Strengths
- Strong team with deep technical experience.
- Cloud-first and collaboration-focused software.
- Disruptive Pricing.
- Multi-platform Technology.
- Modern API and data-first solutions, rather than file-based ones.
Company Promoters
- Mr. Nikhil Kumar
- Mr. Lovepreet Mann
Company Financials
| Particulars | 31 March 2022 | 31 March 2021 | 31 March 2020 |
|---|---|---|---|
| Total Revenue | 13.71 | 26.39 | 2.42 |
| Total Expense | 257.68 | 261.64 | 173.37 |
| Profit Before Tax | -275.88 | -258.80 | -200.54 |
| Profit After Tax | -277.15 | -265.04 | -205.73 |
Object Of The Issue
- Investment in our wholly owned Subsidiary Company.
- General corporate purposes.
- Issue related expenses.
Infurnia Holding IPO – Details
| IPO Opening Date | 06 September 2022 |
| IPO Closing Date | 09 September 2022 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | ₹38.2 Crore |
| Face Value | ₹1 per equity share |
| IPO Price | ₹10 |
| Market Lot | 10000 Shares |
| Min Order | 10000 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Bigshare Services Private Ltd |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
Infurnia Holding IPO – Date Schedule
| IPO Open Date | 06 September 2022 |
| IPO Close Date | 09 September 2022 |
| Basis of Allotment Date | 14 September 2022 |
| Initiation of Refunds | 15 September 2022 |
| Credit of Shares to Demat Account | 16 September 2022 |
| IPO Listing Date | 19 September 2022 |
Infurnia Holding IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 10000 | 1,00,000 |
| Maximum | 1 | 10000 | 1,00,000 |
Infurnia Holding IPO Promoter Holding
| Pre Issue Share Holding | 56.67% |
| Post Issue Share Holding | 41.75% |
Infurnia Holding IPO Prospectus
Company Contact Information
| Infurnia Holding Limited 2nd Floor, No. 343, 1st B Main 7th Block, Koramangala Layout, Bengaluru-560095 Karnataka, India Phone: +91 95137 66606 Email: : info@infurnia.com Website: http://www.infurnia.com/ |
Infurnia Holding IPO Registrar
| Bigshare Services Private Ltd Phone: 022-62638200 Email: : ipo@bigshareonline.com Website: https://www.bigshareonline.com/ |
Infurnia Holding IPO Lead Manager(s)
| 1. Finshore management Services Ltd |
IPO Notice
Issue Withdrawn
Date: 05 Sept 2022
The public issue of Infurnia Holdings Limited is withdrawn due to poor demand.
Infurnia Holding IPO FAQs
| What is Infurnia Holding IPO? Infurnia Holding IPO is a SME IPO. The issue is priced at ₹10 per equity share. The IPO is to be listed on BSE SME. |
| When Infurnia Holding IPO will open? The IPO is to open on 06 September 2022 for NII and Retail Investors. |
| What is Infurnia Holding IPO Investors Portion? The investors’ portion for NII-50%, and Retail 50%. |
| How to Apply the Infurnia Holding IPO? You can apply Infurnia Holding IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Infurnia Holding IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Infurnia Holding”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Infurnia Holding IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Infurnia Holding”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Infurnia Holding IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Infurnia Holding”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Infurnia Holding IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Infurnia Holding”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Infurnia Holding IPO Size? Infurnia Holding IPO size is ₹38.2 crores. |
| What is Infurnia Holding IPO Price Band? Infurnia Holding IPO Price Band is ₹10. |
| What is Infurnia Holding IPO Minimum and Maximum Lot Size? The minimum bid is 10000 Shares with ₹1,00,000 amount while the maximum bid is 10000 shares with ₹1,00,000. |
| What is the Infurnia Holding IPO Allotment Date? Infurnia Holding IPO allotment date is 14 September 2022. |
| What is the Infurnia Holding IPO Listing Date? Infurnia Holding IPO listing date is 19 September 2022. The IPO is to list on BSE SME. |
