Indifra IPO, Review, IPO Performance by IPOPlatform India

About Indifra

Company Information

Indifra was originally incorporated by Poonam Sandeepkumar Agrawal, Bhoomika Gupta, Pankhini Joshi and Leelawati Dubey. Their current promoters Mr. Abhishek Sandeepkumar Agrawal and Sandeepkumar Vishwanath Agrawal HUF acquired control of their company in FY 2023 and FY 2024, respectively. In this dynamic and extremely competitive business environment, they have developed a two-edged business model with a spectrum of services including pipeline and infrastructure management and distribution of electrical appliances as a trading vertical.
As on the date of this Draft Prospectus, they cater to various gas distribution companies for management of their gas distribution pipelines. Their primary clients are Adani Gas Limited and Charotar Gas Sahakari Mandali Limited (CGSML), for gas pipeline management services. They started their gas pipeline management services with CGSML the leading

Object of Issue

To Meet Working Capital Requirements
For General Corporate Purposes and Funding investments for acquisitions
To meet Public Issue Expenses

Indifra SME IPO Details (at the time of IPO)

IPO Type :

Fixed Price

IPO Date :

Dec, 2023

IPO Size :

14.04 Cr.

Market Cap :

54.72 Cr.

IPO Subscription :

7.21 X

PE Multiple :

342.00

Merchant Banker :
Beeline Capital Advisors Private Limited

IPO Registrar:
Kfin Technologies Limited

Anchor Investors:

FAQs

1. What is Indifra IPO?

Indifra operates in Infrastructure and . The Issue is listed on NSE EMERGE in Dec, 2023. Indifra IPO size was 14.04 Cr. with Issue price of 65.00 .

2. Who is the merchant banker of Indifra IPO?

Merchant Banker(s) of Indifra IPO: Beeline Capital Advisors Private Limited

3. How many times Indifra IPO was subscribed?

Indifra IPO subscription was 7.21 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

4. What is the listing price of Indifra IPO?

Indifra IPO listed at a listing price of 72.00 against the offer price of 65.00.

5. What is the current market price of Indifra IPO?

The current market price of Indifra is 24.20.

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Indifra Limited IPO (Indifra IPO) Details

Financial Summary (at the time of ipo, on annualised basis)

Pricing Report

Performance Report (CAGR* wise)

About Indifra

Company Information

Object of Issue

Indifra SME IPO Details (at the time of IPO)

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