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Indifra Ltd

Indifra Ltd

    Registered Office : # 9 Krishna Villa Nr Aamrakunj,Society Karamsad VV Nagar Rd,Anand Gujarat 388325 Phone : 02692-360191
    Fax :

    Email : shares@indifra.in

    Website : www.indifra.com

Public issue of 2160000 equity shares of face value of Rs. 10/- each of Indifra Limited ("IL" or the "Company" or the "Issuer") for cash at a price of Rs. 65 per equity share including a share premium of Rs. 55 per equity share (the "Issue Price") aggregating to Rs. 14.04 crores ("The Issue"), of which 108000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 65 per equity share including a share premium of Rs. 55 per equity share aggregating to Rs. 0.70 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 2052000 equity shares of face value of Rs. 10/- each at a price of Rs. 65 per equity share including a share premium of Rs. 55 per equity share aggregating to Rs. 13.34 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 29.63 % and 28.15 % respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is Rs. 65. the issue price is 6.50 times of the face value.

Issue

Opens On

Closes On

21-Dec-2023

26-Dec-2023

Money Payable On

Application

Allotment

65.00

0.00

Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

12.38

14.04

7.29

65.00

Beeline Capital Advisors Pvt Ltd

Projects
  • To meet working capital requirements
  • Funding investments for acquisitions and general corporate purposes
Promoted By
  • Abhishek Sandeepkumar Agrawal
  • Sandeepkumar Vishwanath Agrawa
Listing At
  • NSE - SME
Registrar to the Issue
  • KFin Techologies Ltd