
Technology / IT Services · BSE
Infonative Solutions Ltd, established in 2014, specializes in tailored e-learning solutions for corporate and educational sectors. The company offers services such as instructional design, gamification, AR/VR-based content, and software simulations. It develops customized eLearning content, cloud-based Learning Management Systems (LMS), and related products to enhance digital learning experiences. Serving Fortune 500 companies, Big 4 consulting firms, IT/ITES, education, and government agencies across industries like BFSI, consulting, and FMCG, Infonative provides comprehensive training solutions, including product, leadership, behavioral, and onboarding training. The company also evaluates existing training programs, profiles target audiences, and creates prototypes for effective learning outcomes. Its flagship product, MindScroll LMS, is a cloud-based, mobile-responsive platform for online training, complemented by off-the-shelf courses on soft skills and data visualization. The eLearning Market further offers customizable templates, vector icons, and music for diverse projects. As of March 31, 2024, Infonative had 154 employees, growing to 157 by September 30, 2024.
Price Band
₹75 – ₹79
Issue Size
₹24.71 Cr
Lot Size
1600 shares
GMP
Est. Listing
₹79
at current GMP
Subscribed
4.53x
overall
Open
28 Mar 2025
Close
3 Apr 2025
Allotment
4 Apr 2025
Refund
5 Apr 2025
Demat Credit
6 Apr 2025
Listing
8 Apr 2025
Overall Subscription
4.53x
Total Demand
QIB Multiplier
18.57x
Institutions & Funds
NII / HNI
2.15x
High Net-Worth
Retail (RII)
4.25x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 160,000 | 2,971,200 | 18.57x |
| NIB | 704,000 | 1,513,600 | 2.15x |
| RETAIL | 2,107,200 | 8,961,600 | 4.25x |
| Total | 2,971,200 | 13,446,400 | 4.53x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 684 | 2,907 | 4.25x |
| HNIs (10L +) | 4 | 9 | 2.15x |
| HNIs (2-10L) | 21 | 45 | 2.15x |
| Total Applications | 709 | 2,961 | 4.18x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Infonative Solutions Limited is bringing an initial public offering (IPO) in the Technology / IT Services sector with an aggregate issue size of ₹24.71 Crores. The shares are offered at a price band of ₹75 to ₹79 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,26,400 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-04-06, while un-allotted funds or UPI block mandates will be released on 2025-04-05.
Currently, Infonative Solutions 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 ₹75 to ₹79 per equity share.
The retail lot size is 1600 shares requiring a minimum application amount of ₹1,26,400. Expected listing price is ₹79 per equity share.
The Infonative Solutions Limited IPO aggregate issue size is ₹24.71 Crores with an equity price band set at ₹75 to ₹79 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,26,400.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 4.53x (Retail: 4.25x, QIB: 18.57x, NII: 2.15x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-04-04. Investors can verify status using PAN card or application number.
Infonative Solutions Limited shares are scheduled to list on BSE on 2025-04-08.