IPO Details

Indifra Ltd
Registered Office: # 9 Krishna Villa Nr Aamrakunj, Society Karamsad VV Nagar Rd, Anand - 388325, Gujarat
Phone: 02692-360191
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		Money Payable On
Opens On	Closes On	Application	Allotment
21-Dec-2023	26-Dec-2023	₹ 65.00	₹ 0.00

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