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Indifra Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Indifra Ltd IPO

Registered Office: # 9 Krishna Villa Nr Aamrakunj,Society Karamsad VV Nagar Rd , Anand - 388325 , Gujarat , India.
Phone : 02692-360191   Fax:
Email :  shares@indifra.in  
Website :  www.indifra.com
Public issue of 2160000 equity shares of face value of (Rs)10/- each of Indifra Limited ("IL" or the "Company" or the "Issuer") for cash at a price of (Rs)65 per equity share including a share premium of (Rs)55 per equity share (the "Issue Price") aggregating to (Rs)14.04 crores ("The Issue"), of which 108000 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)65 per equity share including a share premium of (Rs)55 per equity share aggregating to (Rs)0.70 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 2052000 equity shares of face value of (Rs)10/- each at a price of (Rs)65 per equity share including a share premium of (Rs)55 per equity share aggregating to (Rs)13.34 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 29.63 % and 28.15 % respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10/- each and the issue price is (Rs)65. the issue price is 6.50 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
21-Dec-23 26-Dec-23 (Rs)65.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  (Rs Cr) Lead Managers to the Issue
Project Cost 12.38
Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 14.04  
Post Issue Equity Share Capital 7.29  
Issue Price (Rs)65.00  
 
Projects
To meet working capital requirementsFunding investments for acquisitions and general corporate purposes
Promoted By
Abhishek Sandeepkumar Agrawal  
Sandeepkumar Vishwanath Agrawa  
Listing At
NSE - SME 
Registrar to the Issue
KFin Techologies Ltd