Indifra Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹0(0.00%)
Premium (ELP)
Indifra Limited's successfully transitioned to public market status with its listing on NSE on Dec 29, 2023. The IPO mobilized 21,60,000 Shares in cumulative capital, including TBD for corporate expansion.
The public offering was conducted within the price parameters of ₹65 to ₹65, with minimum investment lots of 2000 shares. subscription activity between Dec 21, 2023 and Dec 26, 2023 demonstrated market reception to the company's valuation and growth narrative.
The allotment process concluded on Dec 27, 2023, finalizing share distribution to successful bidders. The listing represents a transformational event, providing the company with enhanced market visibility, regulatory compliance framework, and access to diversified investor capital.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Founded in 2009, Indifra Limited (formerly Starleads Consultants Private Limited) specializes in infrastructure management, gas pipeline services, and electrical equipment distribution. The company operates in two key areas: Pipeline & Infrastructure Management – Managing and maintaining gas supply pipelines. As of December 2023, they provide gas pipeline services for Charotar Gas Sahakari Mandali Limited (CGSML) and have also worked with Adani Gas Limited. Electrical Appliance Distribution – Supplying a wide range of electrical products, including: Voltage stabilizers Induction cooktops Inverters & batteries Ceiling fans & energy-saving fans Switch gears, DBs & modular switches Air coolers & water heaters Solar & air-source heat pump water heaters Space heaters With expertise in both gas infrastructure and electrical solutions, Indifra Limited continues to serve industries with reliable and high-quality services.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
NA
NA
- Mr. Abhishek Sandeepkumar Agrawal
- Sandeepkumar Vishwanath Agrawal HUF
Indifra Limited
Kfin Technologies Limited