Bookbuilding IPO | ₹25 Cr | Listed at BSE SME | Fri, Mar 28, 2025 - Thu, Apr 3, 2025
Infonative Solutions IPO is a book build issue of ₹24.71 crores. The issue is entirely a fresh issue of 0.31 crore shares of ₹24.71 crore.
Infonative Solutions IPO bidding started from Mar 28, 2025 and ended on Apr 3, 2025. The allotment for Infonative Solutions IPO was finalized on Apr 4, 2025. The shares got listed on BSE SME on Apr 8, 2025.
Infonative Solutions IPO price band is set at ₹79 per share. The lot size for an application is 1,600. The minimum amount of investment required by an retail is ₹1,26,400 (1600 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (3,200 shares), amounting to ₹2,52,800.
Share India Capital Services Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is Share India Securities Ltd..
Refer to Infonative Solutions IPO RHP for detailed Information.
IPO Open
Fri, Mar 28, 2025
IPO Close
Thu, Apr 3, 2025
Issue Price
₹79 per share
Market Cap (Pre-IPO)
₹93.60 Cr
| IPO Date | 28 Mar to 3 Apr, 2025 |
| Listed on | Tue, Apr 8, 2025 |
| Face Value | ₹1 per share |
| Price Band | ₹75 to ₹79 |
| Issue Price | ₹79 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 31,28,000 shares (agg. up to ₹25 Cr) |
| Reserved for Market Maker | 1,56,800 shares Share India Securities Ltd. (agg. up to ₹1 Cr) |
| Fresh Issue (Ex Market Maker) | 29,71,200 shares (agg. up to ₹23 Cr) |
| Net Offered to Public | 29,71,200 shares (agg. up to ₹23 Cr) |
| Share Holding Pre Issue | 87,19,800 shares |
| Share Holding Post Issue | 1,18,47,800 shares |
| BSE Script Code | 544393 |
| ISIN | INE12IB01015 |
Infonative Solutions IPO comprises a total issue size of 31,28,000 shares. The net offer to the public is 29,71,200 shares, after excluding 1,56,800 shares allotted on a firm basis. Of the Net offer 1,60,000 (5.39%) are allocated to QIB, 7,04,000 (23.69%) allocated to NII 21,07,200 (70.92%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 1,60,000 | 5.39% | 5.12% |
| NII (HNI) Shares Offered | 7,04,000 | 23.69% | 22.51% |
| Retail Shares Offered | 21,07,200 | 70.92% | 67.37% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,56,800 | 5.01% | |
| Total Shares Offered | 31,28,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,600 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,26,400 |
| Retail (Max) | 1 | 1,600 | ₹1,26,400 |
| HNI (Min) | 2 | 3,200 | ₹2,52,800 |
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:
| 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 | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ 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 |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 15.46% |
| ROCE | 18.60% |
| Debt/Equity | 0.19 |
| RoNW | 15.46% |
| PAT Margin | 8.20% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 1.66 | 6.15 |
| P/E (x) | 47.5 | 12.84 |
| Promoter Holding | 94.13% | 69.28% |
| Market Cap | ₹93.60 Cr. |
The Infonative Solutions IPO is subscribed 4.53 times on April 3, 2025 6:19:34 PM (Day 4). The public issue subscribed 4.25 times in the retail category, 18.57 times in the QIB category, and 2.15 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 18.57 | 1,60,000 | 29,71,200 | 0 |
| NII* | 2.15 | 7,04,001 | 15,13,600 | 0 |
| Retail | 4.25 | 21,07,200 | 89,61,600 | 0 |
| Total | 4.53 | 29,71,201 | 1,34,46,400 | 7,078 |
Total Application : 7,078
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager Fee | 1.44 |
| 2 | Underwriting Commission | 1.24 |
| 3 | Brokerage and selling commission | 0.01 |
| 4 | Selling & Distribution Expenses | 1.24 |
| 5 | Fees payable to Registrar to the Issue | 0.01 |
| 6 | Fees Payable for Advertising and Publishing Expenses | 0.04 |
| 7 | Fees Payable to Regulators including Stock Exchanges | 0.06 |
| 8 | Payment for Printing & Stationery, Postage, etc. | 0.01 |
| 9 | Fees Payable to Statutory Auditor, Legal Advisors and other Professionals | 0.07 |
| 10 | Others (Commission/processing fee for SCSBs, Sponsor Bank and Banker(s) to the Issue and brokerage and selling commission and bidding charges for Members of the Registered Brokers, RTAs and CDPs and Miscellaneous Expenses) | 0.03 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹79.00 |
| Open | ₹63.20 |
| Low | ₹60.04 |
| High | ₹63.20 |
| Last Trade | ₹60.04 |
Lead Manager Reports
Infonative Solutions IPO is a SME IPO of 31,28,000 equity shares of the face value of ₹1 aggregating up to ₹25 Crores. The issue is priced at ₹79 per share. The minimum order quantity is 1600.
The IPO opens on Fri, Mar 28, 2025, and closes on Thu, Apr 3, 2025.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Infonative Solutions IPO using UPI as a payment gateway. Zerodha customers can apply in Infonative Solutions IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Infonative Solutions IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Infonative Solutions IPO opens on Fri, Mar 28, 2025 and closes on Thu, Apr 3, 2025.
Infonative Solutions IPO lot size is 1600, and the minimum amount required for application is ₹1,26,400.
You can apply in Infonative Solutions 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 Infonative Solutions IPO will be done on Friday, April 4, 2025, and the allotted shares will be credited to your demat account by Mon, Apr 7, 2025. Check the Infonative Solutions IPO allotment status.
The Infonative Solutions IPO listing date is on Tue, Apr 8, 2025.
