Infonative Solutions IPO: A Comprehensive Guide
The world of Initial Public Offerings (IPOs) can be both exciting and complex. For investors looking to explore new opportunities, understanding the details of an IPO is crucial. This blog post delves into the Infonative Solutions IPO, providing a comprehensive overview to help you make informed decisions.
What is Infonative Solutions?
Infonative Solutions Limited, established in 2014, specializes in providing custom learning development solutions to both corporate and educational sectors. Their expertise lies in designing and developing eLearning content, offering cloud-based learning management systems (LMS), and a suite of related services. They focus on creating tailored e-learning solutions, consulting services, courseware, and off-the-shelf content, with a strong emphasis on LMS, instructional design, gamification, AR/VR-based content, and software simulations. Their client base includes Fortune 500 companies, Big 4 consulting firms, and various organizations in the IT, education, and government sectors.
Infonative Solutions IPO Details
The Infonative Solutions IPO is a book-building issue valued at Rs 24.71 crores. The offering consists entirely of a fresh issue of 31.28 lakh shares. The IPO is set to open for subscription on March 28, 2025, and will close on April 3, 2025. The allotment is expected to be finalized on April 4, 2025, with a tentative listing date on the BSE SME exchange fixed for April 8, 2025.
Key IPO Information
- IPO Date: March 28, 2025 to April 3, 2025
- Listing Date: Tentatively April 8, 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)
- Issue Type: Book Building IPO
- Listing At: BSE SME
Subscription Details
Subscription to the IPO is a critical part of the process. Investors should note that the minimum lot size for an application is 1600 shares, translating to a minimum investment of ₹1,20,000. It's often suggested that investors bid at the cutoff price to navigate potential oversubscription scenarios. For High Net Worth Individuals (HNIs), the minimum lot size investment is 2 lots (3,200 shares), amounting to ₹2,52,800.
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
| NII (HNI) | Not less than 15% of the Net Issue |
IPO Timeline (Tentative Schedule)
| Event | Date |
|---|---|
| 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 |
Lot Size Details
Investors need to be aware of the lot size and the investment amount required.
Infonative Solutions IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,26,400 |
| Retail (Max) | 1 | 1600 | ₹1,26,400 |
| HNI (Min) | 2 | 3,200 | ₹2,52,800 |
Company Valuation
Understanding the financial health of a company is essential before investing. Analyzing key performance indicators (KPIs) provides insights into its potential for growth and profitability.
Key Performance Indicator (KPI)
The market capitalization of Infonative Solutions IPO is Rs 93.60 Cr.
| KPI | Values |
|---|---|
| ROE | 15.46% |
| ROCE | 18.60% |
| Debt/Equity | 0.19 |
| RoNW | 15.46% |
| PAT Margin | 8.20% |
Pre and Post IPO EPS
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 1.66 | 6.15 |
| P/E (x) | 47.51 | 12.84 |
Note:
- The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2024 that is available in RHP.
Company Financials
Reviewing a company's financials provides insights into its operational efficiency and financial stability. Key metrics like assets, revenue, and profit after tax can help investors assess its performance over time.
INFONATIVE SOLUTIONS LIMITED FINANCIAL INFORMATION (RESTATED) (Amount in ₹ Crore)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 18.2 | 14.37 | 13.53 | 10.54 |
| Revenue | 11.42 | 18.08 | 20.95 | 18.63 |
| Profit After Tax | 3.64 | 1.45 | 1.07 | 2.23 |
| Net Worth | 13.75 | 10.11 | 8.66 | 7.59 |
| Reserves and Surplus | 12.88 | 9.23 | 8.51 | 7.44 |
| Total Borrowing | 1.71 | 1.97 | 2.49 | 0.46 |
IPO Issue Objective
The company plans to use the net proceeds from the IPO to:
- Meet expenses for developing new products, courses, and features in LMS, and purchase laptops.
- Meet working capital requirements.
- General corporate purposes and unidentified acquisitions.
Promoter Details
Understanding the promoters' background and stake in the company can provide insights into their commitment and vision.
Infonative Solutions IPO Promoter Holding
- Mr. Saurabh Kathuria, Mr. Abdur Rauf Rahmani, and Mr. Yogeshh Goel are the promoters of the company.
- Share Holding Pre Issue: 94.13%
- Share Holding Post Issue: 69.28%
Important Contacts
Knowing the company's and registrar's contact details can be helpful for addressing any queries or concerns.
Company Contact Details
- Company: Infonative Solutions Limited
- Address: 107, DLF South City Court, Saket, New Delhi-110017
- Phone: 011-45082517
- Email: cs@infonativesolutions.com
- Website: https://www.infonative.net/
IPO Registrar
- Registrar: Kfin Technologies Limited
- Phone: 04067162222, 04079611000
- Email: isl.ipo@kfintech.com
- Website: https://kosmic.kfintech.com/ipostatus/
Conclusion
The Infonative Solutions IPO presents an opportunity for investors interested in the eLearning sector. This guide provides a detailed overview of the IPO, including company information, financial highlights, and subscription details. Investors are encouraged to conduct thorough research and consider their investment objectives before making a decision. Stay informed and invest wisely.
Disclaimer: This blog post is for informational purposes only and does not constitute financial advice. Please consult with a qualified financial advisor before making any investment decisions.