Indifra Limited IPO (Indifra IPO)

Indifra Limited IPO
Upcoming Indifra IPO | New Indifra IPO

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:

  1. Pipeline and Infrastructure Management Contracting Services.
  2. 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.

Indifra IPO

Indifra IPO – Details

IPO Opening Date21 December 2023
IPO Closing Date26 December 2023
Issue TypeFixed Price Issue IPO
Issue Size21,60,000 Shares Worth ₹14.04 Crore
Fresh Issue: 21,60,000 Shares Worth ₹14.04 Crore
Face Value₹10 per equity share
IPO Price₹65
Market Lot2000 Shares
Min Order2000 Shares (1 Lot)
Listing AtNSE SME
RegisterKfin Technologies Limited
Other Shares Offered50%
Retail Shares Offered50%

Indifra IPO – Date Schedule

IPO Open Date21 December 2023
IPO Close Date26 December 2023
Basis of Allotment27 December 2023
Initiation of Refund28 December 2023
Credit of Shares to Demat Account28 December 2023
IPO Listing Date29 December 2023
Cut-off time for UPI mandate confirmation5 PM on Dec 26, 2023

Indifra IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)120001,30,000
Retail (Maximum)120001,30,000
HNI (Minimum)240002,60,000

Company Promoters

  • Mr. Abhishek Sandeepkumar Agrawal
  • Sandeepkumar Vishwanath Agrawal HUF

Object Of The Issue

  • To Meet Working Capital Requirements.
  • For General Corporate Purposes and Funding investments for acquisitions.
  • To meet Public Issue Expenses.
Indifra Limited IPO

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 20213.062.920.100.45
31 March 202210.9210.380.400.50
31 March 202310.018.670.990.38
Amount in ₹ Crore

Key Performance Indicator

P/E (x)11.23
EPS (Rs)5.79

Indifra IPO Promoter Holding

Pre Issue Share Holding96.00%
Post Issue Share Holding67.55%

Indifra IPO Prospectus

Company Contact Information

Indifra Limited

9, Krishna Villa,
Nr. Aamrakunj Society, Karamsad,
V.V. Nagar Road,
Karamsad, Anand- 388325

Phone: 02692-360191

Indifra IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Indifra IPO Lead Manager(s)

1. Beeline Capital Advisors Pvt Ltd

Indifra IPO FAQs

What is Indifra IPO?

Indifra IPO is a SME IPO. The issue is priced at ₹65 per equity share. The IPO is to be listed on NSE SME.
When Indifra IPO will open?

The IPO is to open on  21 December 2023 for Retail – 50% and Other – 50% Investors.
How to Indifra IPO?

You can apply Indifra 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 Indifra IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Indifra”. 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 Indifra IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Indifra”. 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 Edelweiss.
What is Indifra IPO Size?

Indifra IPO size is ₹14.04 crores.
What is Indifra IPO Price Band?

Indifra IPO Price Band is ₹65.
What is Indifra IPO Minimum and Maximum Lot Size?

The minimum bid is 2000 Shares with ₹1,30,000 amount while the maximum bid is 2000 shares with ₹1,30,000.
What is the Indifra IPO Allotment Date?

Indifra IPO allotment date is  27 December 2023.
What is the Indifra IPO Listing Date?

Indifra IPO listing date is 29 December 2023. The IPO is to list on NSE SME.
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