Infonative Solutions IPO subscribed 4.53 times on the last day, a retail quota was subscribed over 4.25 times, NII subscribed over 2.15 times, and QIB was 18.57 times, respectively.
Details About Infonative Solutions IPO
Infonative Solutions got approval from SEBI for an IPO of around ₹24.71 crores. Infonative Solutions IPO is fully a fresh issue of ₹24.71 crores with a face value of Rs. 1 each. Further, Infonative Solutions had a set price band between ₹75 to ₹79 Per Share.
In Infonative Solutions IPO, 1,600 shares were in 1 lot size for retail minimum and maximum categories as well. Moreover, 3200 shares were in 2 lot sizes for the S-HNI category.
To invest in Infonative Solutions IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹1,26,400.
- SHNI (S-HNI): Minimum investment of ₹2,52,800.
Infonative Solutions IPO’s Subscription Duration
Infonative Solutions IPO was started on March 28, 2025, and closed on April 3, 2025. The Infonative Solutions IPO’s allotment date was April 4, 2025, and they received a refund on April 7, 2025. In contrast, Infonative Solutions’s listing date is scheduled for April 8, 2025.
Infonative Solutions IPO Funds Deployment
- The proceeds raised from the fresh issue will be used to address the expenses for the development of new products, courses, and new features in LMS and the purchase of laptops.
- The funds will utilized to meet the working capital requirements.
- Lastly, the remaining funds will be used for General corporate purposes and Unidentified Acquisitions.
About Infonative Solutions Company
Incorporated in 1998, Infonative Solutions Limited is one of the well-known companies that offers custom learning solutions for clients that target diverse industries. The company is involved in various ways to support other organizations including Building competency frameworks conducting assessments to identify training needs and designing learning content based on the identified needs, goals, audience, and topics. Additionally, they are also engaged in providing a strong cloud-based Learning Management System (LMS) that helps to manage, deliver, and track training success. They have established themselves as one of the trusted learning partners for several Fortune 500 companies. Their main aim is to support each of their employees, which is the reason behind the company’s exceptional growth. As of the six-month period as of September 30, 2024, the company generated a revenue of 1142.30 lakhs, whereas generated a Profit After Tax is Rs.364.48 lakhs respectively.
Financial Report of the Infonative Solutions Company
The company reported revenue of ₹18.08 crore in 2024 against ₹20.95 crore in 2023. The company reported a profit of ₹1.45 crores in 2024 against a profit of ₹1.07 crores in 2023.
