Infollion Research Services Limited
IPO Details
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Lot Distribution
Reservation
Company Fin.
₹101(123.17%)
Premium (ELP)
Infollion Research Services Limited's successfully completed its Initial Public Offering and commenced trading on Jun 08, 2023 at the NSE exchange. The company raised 26,16,000 Shares through this public offering, comprising 22,24,000 Shares in fresh capital and ₹3.21 Cr through the Offer for Sale mechanism.
The IPO was priced within the band of ₹80 to ₹82, with minimum application lots of 1600 shares. The offering attracted significant investor interest during its subscription period from May 29, 2023 to May 31, 2023.
Share allotment was finalized on Jun 05, 2023, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
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.
Infollion Research Services Limited, incorporated in 2009, is a tech-driven marketplace operating in the B2B Human Cloud segment. The company specializes in on-demand contingent hiring, connecting senior management professionals, subject matter experts, and seasoned industry leaders with businesses seeking their expertise. Infollion acts as a bridge between gig workers (knowledge providers) and businesses (knowledge seekers), enabling them to collaborate for strategic insights and expert guidance. Their services cater to a diverse clientele, including global management consulting firms, hedge funds, private equity firms, and mid-tier corporations. The platform facilitates expert connections through phone consultations, personal advisory services, on-site workshops, knowledge tours, consulting projects, and statement-of-work (SOW) engagements, ensuring seamless knowledge exchange in a fast-evolving business landscape.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
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- Mr. Gaurav Munjal
Infollion Research Services Limited
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