
Business Services · NSE
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.
Price Band
₹80 – ₹82
Issue Size
₹21.45 Cr
Lot Size
1600 shares
GMP
+123.2%
Est. Listing
₹183
at current GMP
Subscribed
279.32x
overall
Open
29 May 2023
Close
31 May 2023
Allotment
5 Jun 2023
Refund
6 Jun 2023
Demat Credit
7 Jun 2023
Listing
8 Jun 2023
Overall Subscription
279.32x
Total Demand
QIB Multiplier
70.72x
Institutions & Funds
NII / HNI
561.04x
High Net-Worth
Retail (RII)
264.10x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 483,200 | 34,169,600 | 70.72x |
| NIB | 404,800 | 227,108,800 | 561.04x |
| RETAIL | 870,400 | 229,876,800 | 264.10x |
| Total | 1,758,400 | 491,155,200 | 279.32x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 572 | 151,065 | 264.10x |
| HNIs (10L +) | 4 | 2,244 | 561.04x |
| HNIs (2-10L) | 18 | 10,099 | 561.04x |
| Total Applications | 594 | 163,408 | 275.10x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Infollion Research Services Limited is bringing an initial public offering (IPO) in the Business Services sector with an aggregate issue size of ₹21.45 Crores. The shares are offered at a price band of ₹80 to ₹82 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
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.
Following the close of bidding on 2023-05-31, the basis of allotment is scheduled to be finalized on 2023-06-05. 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 (Link Intime India Private Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Infollion Research Services Limited IPO is ₹101 per equity share. Based on the upper price band of ₹80 to ₹82 per equity share, the estimated listing price is ₹183 (+123.2% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹101, the expected profit per application lot is approx ₹1,61,600 (+123.2% gain). Minimum application cost is approx ₹1,31,200.
The Infollion Research Services Limited IPO aggregate issue size is ₹21.45 Crores with an equity price band set at ₹80 to ₹82 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,31,200.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 279.32x (Retail: 264.10x, QIB: 70.72x, NII: 561.04x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2023-06-05. Investors can verify status using PAN card or application number.
Infollion Research Services Limited shares are scheduled to list on NSE on 2023-06-08.