| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹14.04 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹14.04 Cr |
| Fresh Issue | ₹13.34 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน65.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | INDIFRA |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares and in multiples thereof
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:
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน 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 |
| 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 | ||||
| KPI | |
|---|---|
| ROE | 82.45% |
| ROCE | 86.21% |
| RoNW | 82.45% |
| PAT Margin | 9.90% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 5.79 | |
| P/E (x) | 11.23 | 342 |
| Promoter Holding | 96% | 67.55% |
| Market Cap | โน47.39 Cr. | |