| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹24.71 Cr |
| Reserved for Market Maker | ₹1.24 Cr |
| Net Issue Size | ₹24.71 Cr |
| Fresh Issue | ₹23.47 Cr |
| Face Value | โน1 Per Equity Share |
| Price Band | โน75.00-79.00 per share |
| BSE Code | 544393 |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Share India Capital Services... |
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: 1,600 shares and in multiples thereof
Incorporated in 2014, Infonative Solutions Ltd specializes in custom learning development solutions for corporate and educational sectors.
The company focuses on developing and designing eLearning content, and services, including offering cloud-based learning management systems (LMS) and other related products.
The company specializes in bespoke e-learning solutions, consulting, courseware, and off-the-shelf content, with expertise in LMS, instructional design, gamification, AR/VR-based content, and software simulations.
The company provides cutting-edge e-learning delivery services to clients including Fortune 500 companies, Big 4 consulting firms, IT/ITES, education, and government agencies in industries like BFSI, consulting, and FMCG.
Services:
Products:
As of March 31, 2024, and as of September 30, 2024, the company had a total strength of 154 and 157 employees.
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | To meet the expenses for development of new products, courses and new features in LMS and purchase of laptop | 7.35 |
| 2 | To meet the working capital requirements | 5.01 |
| 3 | General corporate purposes and Unidentified Acquisitions | 8.24 |
| 4 | Issue Expenses | 4.12 |
| Total | 24.71 |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 18.20 | 14.37 | 13.53 | 10.54 |
| Total Income | 11.42 | 18.08 | 20.95 | 18.63 |
| Profit After Tax | 3.64 | 1.45 | 1.07 | 2.23 |
| NET Worth | 13.75 | 10.11 | 8.66 | 7.59 |
| Reserves and Surplus | 12.88 | 9.23 | 8.51 | 7.44 |
| Total Borrowing | 1.71 | 1.97 | 2.49 | 0.46 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 15.46% |
| ROCE | 18.60% |
| Debt / Equity | 0.19% |
| RoNW | 15.46% |
| PAT Margin | 8.20% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 1.66 | 6.15 |
| P/E (x) | 47.5 | 12.84 |
| Promoter Holding | 94.13% | 69.28% |
| Market Cap | โน93.60 Cr. | |