Indifra Limited
ListedSMEEmerging SME Services · NSE
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.
Price Band
₹65
Issue Size
₹14.04 Cr
Lot Size
2000 shares
GMP
—
Est. Listing
₹65
at current GMP
Subscribed
7.26x
overall
Open
21 Dec 2023
Close
26 Dec 2023
Allotment
27 Dec 2023
Refund
28 Dec 2023
Demat Credit
29 Dec 2023
Listing
29 Dec 2023
Last updated 12 days ago
Overall Subscription
7.26x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
2.44x
High Net-Worth
Retail (RII)
12.07x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 1,026,000 | 2,508,000 | 2.44x |
| RETAIL | 1,026,000 | 12,382,000 | 12.07x |
| Total | 2,052,000 | 14,890,000 | 7.26x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 378 | 4,562 | 12.07x |
| HNIs (10L +) | 2 | 5 | 2.44x |
| HNIs (2-10L) | 12 | 29 | 2.44x |
| Total Applications | 392 | 4,596 | 11.72x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Indifra Limited Public Issue & Market Profile
Indifra Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹14.04 Crores. The shares are offered at a price band of ₹65 to ₹65 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2023-12-26, the basis of allotment is scheduled to be finalized on 2023-12-27. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Indifra Limited IPO GMP today?
Currently, Indifra Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹65 to ₹65 per equity share.
What is the expected profit per lot for Indifra Limited IPO?
The retail lot size is 2000 shares requiring a minimum application amount of ₹1,30,000. Expected listing price is ₹65 per equity share.
What is the issue size and price band for Indifra Limited IPO?
The Indifra Limited IPO aggregate issue size is ₹14.04 Crores with an equity price band set at ₹65 to ₹65 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,30,000.
How can I check Indifra Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 7.26x (Retail: 12.07x, QIB: 0.00x, NII: 2.44x). You can track live multiples directly on our dedicated subscription page.
Where and when will Indifra Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2023-12-27. Investors can verify status using PAN card or application number.
When is the listing date for Indifra Limited IPO?
Indifra Limited shares are scheduled to list on NSE on 2023-12-29.