Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.

IS

Infonative Solutions IPO

Listed SME BSE SME

Price Band

₹75.0–79.0

Issue Size

₹24.71 Cr

Lot Size

1,600 shares

Min Investment

₹126,400

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

—

Issue Price

₹79.0

Infonative Solutions IPO AI Summary

  • Infonative Solutions IPO is listed on BSE SME.
  • Price band: ₹75.0–₹79.0 per share, lot size 1,600 shares (min. investment ₹126,400).
  • Subscription window: 28 Mar–03 Apr 2025, listing on 08 Apr 2025.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Infonative Solutions IPO — Third-Party Research Views

Reviews below reflect analyst calls made before this IPO closed on 03 Apr 2025 — not a current signal.

Avoid 25 Jul

Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.

Important Dates

IPO Open Date
Fri, 28 Mar 2025
IPO Close Date
Thu, 03 Apr 2025
Allotment Date
Fri, 04 Apr 2025
Refund Initiation
Mon, 07 Apr 2025
Credit of Shares
Mon, 07 Apr 2025
Listing Date
Tue, 08 Apr 2025
Listing Price
₹79.0 +0.0%

Subscription Status

Subscription data unavailable

Infonative Solutions IPO Grey Market Premium (GMP) Today

GMP not available yet

Grey Market Premium is updated daily. Check back closer to the listing date.

About the Company

Incorporated in 2014, Infonative Solutions Ltd specializes in custom learning development solutions for corporate and educational sectors. The company focuses on developing and designing eLearning content, and services, including offering cloud-based learning management systems (LMS) and other related products. The company specializes in bespoke e-learning solutions, consulting, courseware, and off-the-shelf content, with expertise in LMS, instructional design, gamification, AR/VR-based content, and software simulations. The company provides cutting-edge e-learning delivery services to clients including Fortune 500 companies, Big 4 consulting firms, IT/ITES, education, and government agencies in industries like BFSI, consulting, and FMCG. Services: Training Solutions: Product Training, Leadership Training, Behavioural Training, and Onboarding Training. Assessing the current program: To analyze gaps in terms of updated content, technical feasibility, geographical distribution, and training delivery. Profiling audience: Training mode (self-paced, virtual instructor-led, or blended) depends on the sales staff's needs, devices, and time. Building a prototype: To give a first-hand perspective of the output and then do full-scale development once the prototype is approved. Products: MindScroll LMS:A cloud-based, mobile-responsive Learning Management System for delivering and managing online training. Off-The-Shelf Courses: Pre-designed courses covering topics like soft skills, data visualization, and insurance sales. eLearning Market:A platform offering customizable eLearning templates, vector icons, and music for diverse project needs. As of March 31, 2024, and as of September 30, 2024, the company had a total strength of 154 and 157 employees. Competitive Strengths: Experienced Promoters and Qualified Senior Management Team Scalable Business Model Commitment to Meeting Market Needs Expanding the Off the Shelf Library

Company Financials (₹ Cr)

As of 2024-09-30

Period Ended 30 Sep 2024 31 Mar 2024 31 Mar 2023 31 Mar 2022
Assets 18.20 14.37 13.53 10.54
Total Income 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

Key Ratios

EPS

₹1.66

NAV

₹11.59

ROE

15.46%

ROCE

18.60%

RoNW

15.46%

P/E Ratio

47.5

Market Cap

₹93.60 Cr

PAT Margin

8.20%

Debt/Equity

0.19

Promoters

Saurabh Kathuria, Abdur Rauf Rahmani and Yogeshh Goel

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 To meet the expenses for development of new products, courses and new features in LMS and purchase of laptop 7.35 2 To meet the working capital requirements 5.01 3 General corporate purposes and Unidentified Acquisitions 8.24 4 Issue Expenses 4.12 Total 24.71

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Total income was ₹20.95 Cr in the year ending 31 Mar 2023, decreasing to ₹18.08 Cr by 31 Mar 2024, and further declining to ₹11.42 Cr as of 30 Sep 2024, though this is a 9-month figure, not a full year, so isn't directly comparable.

Profit Trend

Profit After Tax was ₹2.23 Cr in the year ending 31 Mar 2022, increasing to ₹1.07 Cr by 31 Mar 2023, then rising to ₹1.45 Cr in the year ending 31 Mar 2024, and further increasing to ₹3.64 Cr as of 30 Sep 2024, though this is a 9-month figure, not a full year, so isn't directly comparable.

Grey Market Premium, Explained

The grey market refers to the unofficial trading of shares before they are listed on the stock exchange. The Grey Market Premium (GMP) indicates the expected premium or discount at which the shares may list compared to the issue price. A positive GMP suggests strong demand, while a negative GMP indicates weak demand.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and market conditions. It is essential to consider the company's growth potential and financial health.

Who May Want to Wait

Investors with a low risk tolerance or those seeking immediate returns may want to avoid IPOs like this, as they can be subject to market fluctuations and may not provide quick liquidity.

IPO Timeline, Explained

The IPO opens for subscription on March 28, 2025, and closes on April 3, 2025. Allotment of shares will be done on April 4, 2025, with the listing date scheduled for April 8, 2025.

Listing Gains — The Risk

Listing gains refer to the profit made when shares are sold on the stock exchange shortly after they are listed. However, these gains are not guaranteed and can vary based on market conditions. Investors should be aware that the stock price may fluctuate significantly on the listing day.

This evaluation is generated from Infonative Solutions's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

What is the price band of Infonative Solutions IPO?

The price band of Infonative Solutions IPO is ₹75.0–₹79.0 per share.

When does Infonative Solutions IPO open and close?

Infonative Solutions IPO opens on 28 March 2025 and closes on 03 April 2025.

When does Infonative Solutions IPO list on the stock exchange?

Infonative Solutions IPO listed on 08 April 2025 at ₹79.0.

What is the lot size for Infonative Solutions IPO?

The lot size for Infonative Solutions IPO is 1600 shares, requiring a minimum investment of ₹126,400.

What is the price band for the IPO?

The price band for the IPO is ₹75.0 to ₹79.0.

What is the minimum investment required?

The minimum investment required is ₹126,400.

What is the lot size for the IPO?

The lot size for the IPO is 1600 shares.

When does the IPO open and close?

The IPO opens on March 28, 2025, and closes on April 3, 2025.

What does GMP mean?

GMP stands for Grey Market Premium, which indicates the expected premium or discount of the shares before they are officially listed.

Issue Details

Issue Type SME Book Built
Issue Size ₹24.71 Cr
Price Band ₹75.0 – ₹79.0
Issue Price ₹79.0
Lot Size 1,600 shares
Min Investment ₹126,400
Exchange BSE SME
Sector —
Open Date 28 Mar 2025
Close Date 03 Apr 2025
Allotment 04 Apr 2025
Listing Date 08 Apr 2025

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

Kfin Technologies Ltd.

Lead Managers / Book Running

Share India Capital Services Pvt.Ltd.

IPO Timeline

Open

28 Mar 2025

Close

03 Apr 2025

Allotment

04 Apr 2025

Listing

08 Apr 2025

Community Sentiment

What are other investors planning for Infonative Solutions?

No votes yet — be the first to share your view.

Sign in to vote

Discussion

User-generated content — not investment advice, and not verified or endorsed by TopFund.

No comments yet — start the discussion.