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Infibeam Incorporation IPO is a book build issue of ₹450.00 crores. The issue is entirely a fresh issue of 1.04 crore shares of ₹450.00 crore.
Infibeam Incorporation IPO bidding started from Mar 21, 2016 and ended on Mar 23, 2016. The shares got listed on BSE, NSE on Apr 4, 2016.
Infibeam Incorporation IPO price band is set at ₹432.00 per share . The lot size for an application is 34. The minimum amount of investment required by an retail is ₹12,240 (34 shares). The lot size investment for sNII is 14 lots (476 shares), amounting to ₹2,05,632, and for bNII, it is 69 lots (2,346 shares), amounting to ₹10,13,472.
Elara Capital (India) Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Infibeam Incorporation IPO RHP for detailed Information.
| IPO Date | March 21, 2016 to March 23, 2016 |
| Listing Date | April 4, 2016 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹360 to ₹432 per share |
| Issue Price Final | ₹432 per share |
| Lot Size | 34 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 1,04,16,666 shares (aggregating up to ₹450.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 4,26,74,655 shares |
| Share Holding Post Issue | 5,30,91,321 shares |
Infibeam IPO offers total 1,04,16,666 shares. Out of which 78,12,501 (75.00%) allocated to QIB, 15,62,499 (15.00%) allocated to NII, 10,41,666 (10.00%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 78,12,501 (75.00%) | NA |
| NII (HNI) Shares Offered | 15,62,499 (15.00%) | NA |
| Retail Shares Offered | 10,41,666 (10.00%) | 30,637 |
| Total Shares Offered | 1,04,16,666 (100.00%) |
Infibeam Incorporation IPO opens on March 21, 2016, and closes on March 23, 2016.
| IPO Open Date | Mon, Mar 21, 2016 |
| IPO Close Date | Wed, Mar 23, 2016 |
| Tentative Listing Date | Mon, Apr 4, 2016 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Mar 23, 2016 |
Investors can bid for a minimum of 34 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 34 | ₹14,688 |
| Retail (Max) | 13 | 442 | ₹1,90,944 |
| S-HNI (Min) | 14 | 476 | ₹2,05,632 |
| S-HNI (Max) | 68 | 2,312 | ₹9,98,784 |
| B-HNI (Min) | 69 | 2,346 | ₹10,13,472 |
Infibeam Incorporation Ltd is Ahmedabad, Gujrat based e-commerce company offering cloud-based, modular, customizable and scalable technology platform as well as e-commerce infrastructure and logistics support for a diverse universe of merchants, products and services. Company operates Infibeam.com, one of India's leading multi-category e-retail website.
Infibeam business operations are broadly divided as follows:
1. Infibeam BuildaBazaar e-commerce marketplace
An online marketplace offering customizable online storefront solutions on a scalable platform, including mobile applications, digital product catalogue, content management, promotions handling, access to payment gateways as well as fulfilment services. It provides cost-effective marketing and distribution solutions to the customers. As of March 31, 2015, we had 33,489 registered merchants.
2. Infibeam.com e-retail site
Infibeam.com is an online shopping website for Indian retail customers. The website sells over 15 million products across 40 product categories.
As of March 31, 2015, Infibeam.com had more than 7.2 million active users.
Company has 13 logistics centers across 12 cities in India including in Mumbai, Bengaluru, Delhi, Gurgaon, Kolkata, Hyderabad, Guwahati, Jaipur, Pune, Lucknow, Ahmedabad and Chennai.
Company have also set up a joint venture company with Sony Entertainment Limited to develop, build and own software applications by offering downloading and streaming of licensed digital music content.
Competitive Strengths
Company believe that the following are its key competitive strengths:
1. Integrated e-commerce business model with a large merchant and customer base
2. Advanced and scalable technology
3. One of the leading e-retail operations in India
4. Association with established brands
5. Experienced management team and qualified and motivated workforce
|
Particulars |
For the year/period ended (in Rs. Million) | ||||
| 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | 31-Mar-12 | 31-Mar-11 | |
| Total Liabilities | 1,461.54 | 745.82 | 627.38 | 139.95 | |
| Total Assets | 1,461.54 | 745.82 | 627.38 | 139.95 | |
| Total Revenue | 108.12 | 26.07 | 0.20 | 0.01 | |
| Profit After Tax (PAT) | (12.11) | (10.22) | (0.04) | (202.40) | |
The Company Infibeam Incorporation IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Setting up of cloud data centre and purchase of property for shifting of the registered and corporate officesof our Company | 235.20 |
| 2 | Setting up of 75 logistics centres | 37.50 |
| 3 | Purchase of software | 67.00 |
| 4 | General corporate purposes | 76.77 |
[Dilip Davda] <p>The Company’s performance has been in negative zone till last year, its profit generation has just started. As per reports, it may have to deal with taxation issue that have dented the e-commerce platform with some cases on companies like India Mart. Hence risk savvy long term investors may consider investment at a lower price band.</p> Read detail review...
| Listing Date | April 4, 2016 |
| BSE Script Code | 539807 |
| NSE Symbol | INFIBEAM |
| ISIN | INE483S01012 |
| Final Issue Price | ₹432 per share |
Infibeam Incorporation Ltd.
9th Floor, A wing, Gopal Palace,
Opposite Ocean Park, Nehrunagar,
Satellite Road, Ahmedabad 380 015
Ahmedabad, Gujarat
Phone: +91 79 4040 3600
Email: ir@infibeam.ooo
Website: http://www.infibeam.ooo/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: iil.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Infibeam Incorporation IPO is a main-board IPO of 1,04,16,666 equity shares of the face value of ₹10 aggregating up to ₹450.00 Crores. The issue is priced at ₹432 per share. The minimum order quantity is 34.
The IPO opens on March 21, 2016, and closes on March 23, 2016.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Infibeam Incorporation IPO using UPI as a payment gateway. Zerodha customers can apply in Infibeam Incorporation IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Infibeam Incorporation IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Infibeam Incorporation IPO opens on March 21, 2016 and closes on March 23, 2016.
Infibeam Incorporation IPO lot size is 34, and the minimum amount required for application is ₹14,688.
You can apply in Infibeam Incorporation 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 Infibeam Incorporation IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Infibeam Incorporation IPO allotment status.
The Infibeam Incorporation IPO listing date is on Monday, April 4, 2016.
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