Issue Price
₹65
Per Share
GMP
NIL
Grey Market
Est. Listing
₹65
Expected Price
Min. Application
₹260,000
2 lots × 2000 shares
Incorporated in 2009, Indifra Limited provides infrastructure management contracting, gas pipeline laying and electrical equipment distribution services. The company was previously known as Starleads Consultants Private Limited.The company has two business verticals:Pipeline and Infrastructure Management Contracting Services.Distribution of electrical appliances.The company provides gas supply companies with the management of their gas supply pipelines. As of December 2023, the company is providing gas pipeline management services to Charotar Gas Sahakari Mandali Limited (CGSML). The company has also worked for Adani Gas Limited.The company also provides voltage stabilizers, induction cooktops, inverters, batteries, ceiling fans, domestic switch gears and DBs, air coolers, water heaters, modular switches, solar water heaters, air source heat pump water heaters, energy-saving fans and space heaters.As of June 30, 2023, Indifra Limited have a total of 11 Employees.
Indifra Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 108,000 | — | ₹0.70 Cr | — |
| TOTAL | 2,160,000 | 100.00% | ₹14.04 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹130,000 |
| Retail (Max) | 13 | 26,000 | ₹1,690,000 |
| sNII (Min) | 14 | 28,000 | ₹1,820,000 |
| bNII (Min) | 68 | 136,000 | ₹8,840,000 |
| Particulars | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 64.28 | 1001.69 | 1092.41 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 3.54 | 99.08 | 39.94 |
| Net Worth | 533.25 | 169.70 | 70.62 |
| Total Assets | 630.24 | 312.46 | 420.10 |
| Reserves & Surplus | 20.25 | 168.70 | 69.62 |
| Total Borrowings | N/A | 38.26 | 50.61 |