Infonative Solutions IPO is a book-built issue valued at ₹24.71 crores, consisting entirely of a fresh issue of 31.28 lakh shares. The IPO opens for subscription on March 28, 2025, and closes on April 3, 2025, with the allotment expected to be finalized on April 4, 2025. The shares are set to be listed on the BSE SME platform, with a tentative listing date of April 8, 2025. The IPO price band is fixed between ₹75 to ₹79 per share, and the minimum lot size for an application is 1,600 shares, requiring a minimum investment of ₹1,20,000 for retail investors. To avoid the risk of oversubscription, investors are advised to bid at the cutoff price, which amounts to approximately ₹1,26,400. High Net-Worth Individuals (HNIs) must apply for at least 2 lots (3,200 shares), totaling ₹2,52,800. The IPO is managed by Share India Capital Services Private Limited as the book-running lead manager, with Kfin Technologies Limited serving as the registrar, and Share India Securities Limited acting as the market maker.
Infonative Solutions IPO Details
IPO Date | March 28, 2025 to April 3, 2025 |
Face Value | ₹1 per share |
Issue Price Band | ₹75 to ₹79 per share |
Lot Size | 1,600 Shares |
Total Issue Size | 31,28,000 shares (aggregating up to ₹24.71 Cr) |
Fresh Issue | 31,28,000 shares (aggregating up to ₹24.71 Cr) |
Issue Type | Bookbuilding IPO |
Listing At | BSE SME |
Share Holding Pre Issue | 87,19,800 shares |
Share Holding Post Issue | 1,18,47,800 shares |
Market Maker Portion | 1,56,800 shares Share India Securities Limited |
Infonative Solutions IPO Reservation
Investor Category | Shares Offered |
---|---|
QIB Shares Offered | Not more than 50% of the Net Issue |
Retail Shares Offered | Not less than 35% of the Net Issue |
NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Infonative Solutions IPO Timeline (Tentative Schedule)
Infonative Solutions IPO opens on March 28, 2025, and closes on April 3, 2025.
IPO Open Date | Fri, Mar 28, 2025 |
IPO Close Date | Thu, Apr 3, 2025 |
Tentative Allotment | Fri, Apr 4, 2025 |
Initiation of Refunds | Mon, Apr 7, 2025 |
Credit of Shares to Demat | Mon, Apr 7, 2025 |
Tentative Listing Date | Tue, Apr 8, 2025 |
Cut-off time for UPI mandate confirmation | 5 PM on April 3, 2025 |
About Infonative Solutions Limited
Incorporated in 2014, Infonative Solutions Limited specializes in providing custom learning development solutions for corporate and educational sectors. The company focuses on designing and developing eLearning content and services, offering cloud-based Learning Management Systems (LMS) and other related products.
With expertise in bespoke e-learning solutions, consulting, courseware, and off-the-shelf content, Infonative Solutions excels in LMS development, instructional design, gamification, AR/VR-based content, and software simulations.
The company delivers cutting-edge e-learning services to a diverse clientele, including Fortune 500 companies, Big 4 consulting firms, IT/ITES enterprises, educational institutions, and government agencies across various industries such as BFSI, consulting, and FMCG.
ChatGPT said:
Infonative Solutions Limited – FAQs
What does Infonative Solutions Limited do?
Infonative Solutions Limited specializes in custom learning development solutions for corporate and educational sectors. It provides eLearning content, cloud-based Learning Management Systems (LMS), gamification, AR/VR-based content, instructional design, and software simulations.
When was Infonative Solutions Limited founded?
The company was incorporated in 2014.
What is the size of Infonative Solutions’ IPO?
The IPO is worth ₹24.71 crores, consisting of a fresh issue of 31.28 lakh shares.
What is the IPO price band?
The price band is set between ₹75 to ₹79 per share.
When does the IPO open and close for subscription?
The IPO opens on March 28, 2025, and closes on April 3, 2025
When will the IPO allotment be finalized?
The allotment is expected to be finalized on April 4, 2025.
When is the expected listing date?
The IPO is expected to be listed on April 8, 2025, on the BSE SME platform.