Fixed Price IPO | ₹12 Cr | Listed at NSE SME | Tue, May 13, 2025 - Thu, May 15, 2025
Integrity Infrabuild IPO is a fixed price issue of ₹12.00 crores. The issue is entirely a fresh issue of 0.12 crore shares of ₹12.00 crore.
Integrity Infrabuild IPO bidding started from May 13, 2025 and ended on May 15, 2025. The allotment for Integrity Infrabuild IPO was finalized on May 16, 2025. The shares got listed on NSE SME on May 20, 2025.
Integrity Infrabuild IPO price is ₹100 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (1200 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,400 shares), amounting to ₹2,40,000.
Aryaman Financial Services Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Aryaman Capital Markets Ltd..
Refer to Integrity Infrabuild IPO RHP for detailed Information.
IPO Open
Tue, May 13, 2025
IPO Close
Thu, May 15, 2025
Issue Price
₹100 per share
Market Cap (Pre-IPO)
₹43.00 Cr
| IPO Date | 13 to 15 May, 2025 |
| Listed on | Tue, May 20, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹100 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 12,00,000 shares (agg. up to ₹12 Cr) |
| Reserved for Market Maker | 67,200 shares Aryaman Capital Markets Ltd. (agg. up to ₹0.6720 Cr) |
| Fresh Issue (Ex Market Maker) | 11,32,800 shares (agg. up to ₹11 Cr) |
| Net Offered to Public | 11,32,800 shares (agg. up to ₹11 Cr) |
| Share Holding Pre Issue | 31,00,000 shares |
| Share Holding Post Issue | 43,00,000 shares |
| NSE Symbol | INTEGRITY |
| ISIN | INE0YSH01017 |
Integrity Infrabuild IPO comprises a total issue size of 12,00,000 shares. The net offer to the public is 11,32,800 shares, after excluding 67,200 shares allotted on a firm basis. Of the Net offer 5,66,400 (50.00%) allocated to NII 5,66,400 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 5,66,400 | 50.00% | 47.20% |
| Retail Shares Offered | 5,66,400 | 50.00% | 47.20% |
| Firm Reservations | |||
| Market Maker Shares Offered | 67,200 | 5.60% | |
| Total Shares Offered | 12,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,200 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,20,000 |
| Retail (Max) | 1 | 1,200 | ₹1,20,000 |
| HNI (Min) | 2 | 2,400 | ₹2,40,000 |
Incorporated in 2017, Integrity Infrabuild Developers Limited is a Class-A civil contractor registered with the Government of Gujarat.
The company executes construction activities as a contractor for government projects in Gujarat and regularly subcontracts to expand its presence in the state's construction sector.
As of March 31, 2025, the company has secured ongoing contracts totalling ₹ 20,598 lakhs. Of this amount, works valued at ₹ 4,291 lakhs have been executed, while the remaining ₹ 16,307 lakhs are included in their order book.
As of March 31, 2025, the company had 53 full-time employees which include KMP, Office Staff, Project Execution staff (Semi-skilled, unskilled worked including drivers).
Competitive Strengths:
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 33.35 | 20.68 | 15.25 | 13.06 |
| Total Income | 68.97 | 64.63 | 45.23 | 33.48 |
| Profit After Tax | 1.94 | 0.95 | 0.29 | 0.30 |
| NET Worth | 4.56 | 3.10 | 1.78 | 2.55 |
| Reserves and Surplus | 1.46 | |||
| Total Borrowing | 12.86 | 11.17 | 5.22 | 6.51 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of machinery and equipment | 5.03 |
| 2 | Funding Working capital requirements | 3.64 |
| 3 | General Corporate Purpose | 2.40 |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 30.60% |
| ROCE | 13.14% |
| Debt/Equity | 3.71 |
| RoNW | 30.60% |
| PAT Margin | 1.47% |
| Price to Book Value | 10.00 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 3.06 | 6.02 |
| P/E (x) | 32.68 | 16.6 |
| Promoter Holding | 99.99% | 72.09% |
| Market Cap | ₹43.00 Cr. |
The Integrity Infrabuild IPO is subscribed 2.17 times on May 15, 2025 6:54:01 PM (Day 3). The public issue subscribed 2.26 times in the retail category, [.] times in the QIB category, and 2.09 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| NII* | 2.09 | 5,66,400 | 11,83,200 | 92 |
| Retail | 2.26 | 5,66,400 | 12,78,000 | 1,065 |
| Total | 2.17 | 11,32,800 | 24,61,200 | 1,157 |
Total Applications: 1,157
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Managers Fees | 0.40 |
| 2 | Underwriting Fees | 0.15 |
| 3 | 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 Syndicate, Registered Brokers, RTAs and CDPs | 0.04 |
| 4 | Fees payable to Market Maker to the Issue | 0.10 |
| 5 | Fees payable to the Registrar to the Issue | 0.01 |
| 6 | Fees Payable for Advertising and Publishing Expenses | 0.04 |
| 7 | Fees Payable to Regulators including Stock Exchanges & Depositories | 0.08 |
| 8 | Payment for Printing & Stationery, Postage, etc. | 0.02 |
| 9 | Fees Payable to Auditor, Legal Advisors and other Professionals | 0.09 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹100.00 |
| Open | ₹100.80 |
| Low | ₹100.20 |
| High | ₹104.85 |
| Last Trade | ₹103.50 |
Lead Manager Reports
Integrity Infrabuild IPO is a SME IPO of 12,00,000 equity shares of the face value of ₹10 aggregating up to ₹12 Crores. The issue is priced at ₹100 per share. The minimum order quantity is 1200.
The IPO opens on Tue, May 13, 2025, and closes on Thu, May 15, 2025.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Integrity Infrabuild IPO using UPI as a payment gateway. Zerodha customers can apply in Integrity Infrabuild IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Integrity Infrabuild IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Integrity Infrabuild IPO opens on Tue, May 13, 2025 and closes on Thu, May 15, 2025.
Integrity Infrabuild IPO lot size is 1200, and the minimum amount required for application is ₹1,20,000.
You can apply in Integrity Infrabuild 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 Integrity Infrabuild IPO will be done on Friday, May 16, 2025, and the allotted shares will be credited to your demat account by Mon, May 19, 2025. Check the Integrity Infrabuild IPO allotment status.
The Integrity Infrabuild IPO listing date is on Tue, May 20, 2025.
