Infonative Solutions Limited
Book Built Issue IPO · BSE
- Price band
- ₹75 - ₹79
- Lot size
- 1,600 shares
- Issue amount
- ₹24.71 cr
- Total subscription
- 4.53×
- Opens
- 28 Mar 2025
- Closes
- 3 Apr 2025
- Allotment
- 4 Apr 2025
- Listing
- 8 Apr 2025
Offer at a glance
Issue overview
- Issue size
- 31,28,000 shares
- Face value
- ₹1 Per Equity Share
- Minimum investment
- ₹1,20,000
- Fresh issue
- ₹24.71 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,26,400
- Issue type
- Book Built Issue IPO
- Shares before issue
- 87,19,800
- Shares after issue
- 1,18,47,800
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,600 | ₹1,26,400 |
| HNI | 2 | 3,200 | ₹2,52,800 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 1.26 | 0 |
| RETAIL | 16.65 | 0.95 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 4.18 | 1.66 | 1.23 |
| ROE | 30.56 | 15.46 | 13.16 |
| ROCE | 37.52 | 18.6 | 16.86 |
| RONW | 30.56 | 15.46 | 13.16 |
| PRE IPO(PE) | 0 | 47.5 | 0 |
| POST IPO(PE) | 12.84 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
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.
Strengths
- Strong Leadership – Driven by experienced promoters and a skilled senior management team, ensuring strategic growth and innovation in e-learning.
- Flexible & Scalable Model – Provides customizable, cloud-based learning solutions that easily adapt across industries and regions.
- Future-Ready Solutions – Focused on evolving training needs with advanced technologies like AR/VR, gamification, and software simulations.
Risk factors
- Revenue Dependence on Key Clients – Relying on a few major clients poses a risk if contracts change or clients are lost.
- Strict Contract Terms – Business agreements have restrictive clauses, and non-compliance could impact financial stability and operations.
- Tech & Security Challenges – Reliance on IT systems brings risks like cyber threats, disruptions, and the need for continuous innovation to stay competitive.
Promoters
Mr. Saurabh Kathuria
Mr. Abdur Rauf Rahmani
Mr. Yogeshh Goel
Registrar & documents
Lead manager
Share India Capital Services Private Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
107, DLF South City Court, Saket, New Delhi-110017
011-45082517
[email protected]Company website ↗Understanding INFONATIVE IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.