The Indifra IPO minimum market lot is 2000 with ₹130,000 application amount. The IPO is a NSE SME IPO, and it will list on NSE.
As of the date of this Prospectus, Indifra caters to various gas distribution companies for the management of their gas distribution pipelines. Under this vertical, in the past, they have catered to Adani Gas Limited. As of date, they cater to Charotar Gas Sahakari Mandali Limited (CGSML), for gas pipeline management services. they started their gas pipeline management services with CGSML the leading gas distribution company in the region and the world’s first cooperative Natural Gas Provider, in the year 2022 with a proposition to collaborate and provide comprehensive gas pipeline management services in the Charotar region of Gujarat.
IPOWatch View
We recommend investors may apply an IPO with Caution (Avoid). Investors should also look at the QIB, NII, and Retail numbers before investing.
Indifra IPO Subscription Status – Day 3
Category | Subscription Numbers |
NII | 2.34 |
RII | 12.07 |
Total | 7.21 |
Indifra IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Indifra IPO Review
- Avoid
Indifra IPO Form
How to apply for the Indifra IPO? You can apply for Indifra IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Indifra IPO in the Invest section. The other option is you can apply for Indifra IPO via IPO forms downloaded via NSE. Check out the Indifra forms – Click NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.