Indifra Limited

Indifra Limited

listed
₹1.30LMin. investment
  1. Bid start
    21 Dec
  2. Bid end
    26 Dec
  3. Allotment
    23 Dec
  4. Release of funds
    28 Dec
  5. Demat transfer
    27 Dec
  6. Listing
    29 Dec

About Indifra Limited

Price range₹65.00 – ₹65.00
IPO type
SME
Lot size2000 shares
Issue size₹14.04Cr

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About Indifra Limited

Incorporated in 2009, Indifra limited cater to various gas distribution companies for management of their gas distribution pipelines. Under this vertical, they have catered to Adani Gas Limited and Charotar Gas Sahakari Mandali Limited (CGSML), for gas pipeline management services. Indifra limited started their gas pipeline management services with CGSML, the leading gas distribution company in the region and the world’s first co-operative Natural Gas Provider, in 2022 with a proposition to collaborate and provide comprehensive gas pipeline management services in Charotar region of Gujarat.
By leveraging its existing network and expertise in the gas pipeline management sector, they strategically capitalised on the synergies between the two businesses.
The company’s electrical appliances portfolio includes voltage stabilisers, induction cooktops, inverters, batteries, ceiling fans, domestic switch gears and distribution boards (DBs), air coolers, water heaters, modular switches, solar water heaters, air source heat pump water heaters, energy-saving fans, and room heaters.
The Company is consistent in its service round the year. With the backing of quality assurance of V-guard, our products comply with requisite safety standards. We are a quality conscious company. We are constantly striving to expand our line of products and we are always looking for complementary products that will add to our range of products.
Their revenue mix consists of following major business verticals:
  1. Pipeline and Infrastructure Management Contracting Services; 
  2. Distribution of electrical appliances;
Indifra Limited is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives.
  1. To Meet Working Capital Requirements
  2. For General Corporate Purpose and Funding investments for acquisitions 
  3. To meet Public Issue Expenses

Here are key details about the Indifra Limited IPO:

Company NameIndifra Limited Indifra Limited IPO Opening DateDecember 21, 2023
Company Incorporated On2009Indifra Limited IPO Price band₹65 per share

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Indifra Limited ?

The issue size of the Indifra Limited is 14.04 Cr.

What is 'pre-apply' for Indifra Limited ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Indifra Limited shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.