Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
Inductus Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on November 6, 2024 to raise funds through Initial Public Offer (IPO).
Inductus Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on the BSE SME. Affinity Global Capital Market Pvt.Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Inductus IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Wed, Nov 6, 2024 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Incorporated in 2007, Inductus Limited is a conglomerate firm offering a diverse range of services, including Consulting & Advisory, Project Management, and Technology Solutions.
The company also specializes in digital process management, legal services, infrastructure, engineering, and EPC projects, primarily serving government bodies and public sector entities.
Since its inception 17 years ago, the company has served over 300 clients, including government bodies, NGOs, and corporations, providing consulting, project management, outsourcing, and technology services across India.
The company is present in 18 states, with a strong presence in 10. It plans to expand horizontally and vertically.
Services:
As of July 31, 2024, the company has employed approximately 1510 employees.
Competitive Strengths:
| Period Ended | 31 Jul 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 35.89 | 48.21 | 27.08 | 23.47 |
| Total Income | 24.01 | 108.01 | 56.65 | 50.10 |
| Profit After Tax | 1.69 | 9.21 | 1.43 | 1.39 |
| NET Worth | 20.29 | 18.60 | 9.35 | 7.85 |
| Reserves and Surplus | 2.29 | 17.85 | 8.60 | 7.10 |
| Total Borrowing | 10.41 | 12.28 | 5.97 | 7.52 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet working capital Expenses | 31.67 |
| 2 | General Corporate Purposes | |
| 3 | To meet the Offer Related Expenses |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 65.89% |
| ROCE | 45.74% |
| Debt/Equity | 0.66 |
| RoNW | 49.51% |
| PAT Margin | 8.55% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 99.7% |
Lead Manager Reports
Inductus IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Inductus IPO open and close dates are not available as of now.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Inductus IPO using UPI as a payment gateway. Zerodha customers can apply in Inductus IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Inductus IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Inductus IPO dates are not announced. Please check back again after some time.
Inductus IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Inductus IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Inductus IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Inductus IPO allotment status.
The Inductus IPO listing date is not yet announced. The tentative date of listing is .
