The Infonative Solutions IPO is set to open for subscription on March 28, 2025, and will close on April 3, 2025. The allotment will be finalized on April 4, 2025, and the IPO is scheduled to be listed on BSE SME on April 8, 2025.
The IPO follows a Book Built Issue structure, with the company aiming to raise ₹24.71 crores through a fresh issue of 31.28 lakh shares. There is no Offer for Sale (OFS) component in this IPO. The price band is set at ₹75 to ₹79 per share.
Incorporated in 2014, Infonative Solutions Limited is a custom learning solutions provider catering to corporate and educational institutions. The company specializes in eLearning content development, instructional design, gamification, AR/VR-based learning, and cloud-based Learning Management Systems (LMS).
Its flagship product, MindScroll LMS, is a cloud-based, mobile-responsive platform designed to enhance online training and learning management. Additionally, the company offers off-the-shelf courses, customized eLearning templates, and consulting solutions.
Infonative Solutions serves clients across various industries, including BFSI, IT/ITES, consulting, FMCG, and government agencies, with a focus on Fortune 500 companies and Big 4 consulting firms.
The company operates on a scalable business model, ensuring strong client retention through its expanding off-the-shelf learning library and digital training solutions. With an experienced team of promoters and a skilled senior management team, the company has built a reputation as a trusted learning partner.
The minimum lot size for retail investors is 1,600 shares, requiring a minimum investment of ₹1,20,000. However, investors are advised to bid at the cutoff price to avoid oversubscription issues, which brings the total investment to ₹1,26,400.
The HNI category requires a minimum investment in 2 lots (3,200 shares), amounting to ₹2,52,800. The IPO has a retail quota of 35%, Qualified Institutional Buyers (QIB) at 50%, and High Net-worth Individuals (HNI) at 15%.
For the financial year 2024, the company reported a revenue of ₹18.08 crores, compared to ₹20.95 crores in 2023. However, its profitability improved, with a net profit of ₹1.45 crores in 2024, up from ₹1.07 crores in 2023.
As of September 30, 2024, the company reported revenue of ₹11.42 crores for the first six months, with a profit after tax (PAT) of ₹3.64 crores. With its strong focus on customized eLearning solutions, digital transformation, and a growing client base, Infonative Solutions IPO presents a potential long-term investment opportunity. Investors looking for exposure to the digital learning sector may find this IPO worth considering.
Overview of Contents
Infonative Solutions IPO Overview
| IPO Open Date | March 28, 2025 |
| IPO Close Date | April 3, 2025 |
| Listing Date | April 8, 2025 (Tentative) |
| Face Value | ₹1 per share |
| Price Band | ₹75 to ₹79 per share |
| Lot Size | 1,600 shares |
| Total Shares Offered | 31,28,000 shares |
| Total Issue Size | ₹24.71 crores |
| Fresh Issue | ₹24.71 crores (31,28,000 shares) |
| Offer for Sale (OFS) | No OFS |
| Issue Type | Book Built Issue |
| Market Maker Shares | 1,56,800 shares |
| Pre-Issue Shareholding | 87,19,800 shares |
| Post-Issue Shareholding | 1,18,47,800 shares |
| Listing Exchange | BSE SME |
| Retail Investor Quota | Minimum 35% of the net issue |
| QIB (Institutional Investors) Quota | Maximum 50% of the net issue |
| NII (HNI Investors) Quota | Minimum 15% of the net issue |
Infonative Soultions Prospectus
| DRHP | Click here |
| RHP | Click here |
| Addendum DRHP | Click here |
Infonative Soultions Dates
| IPO Opens | March 28, 2025 (Friday) |
| IPO Closes | April 3, 2025 (Thursday) |
| Allotment Finalization | April 4, 2025 (Friday) |
| Refund Process Begins | April 7, 2025 (Monday) |
| Shares Added to Demat | April 7, 2025 (Monday) |
| Expected Listing Date | April 8, 2025 (Tuesday) |
| UPI Payment Deadline | April 3, 2025 (Thursday) by 5 PM |
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 |
Infonative Solutions IPO – Promoter Details & Shareholding
The promoters of Infonative Solutions Limited are Mr. Saurabh Kathuria, Mr. Abdur Rauf Rahmani, and Mr. Yogeshh Goel. Before the IPO, the promoters collectively held a significant majority stake in the company. However, post-IPO, their shareholding will be reduced as new investors come in. Below is a breakdown of the shareholding pattern before and after the IPO:
| Stage | Promoter Holding |
|---|---|
| Before IPO | 94.13% |
| After IPO | 69.28% |
Infonative Solutions IPO Financial Performance (₹ in Crores)
| Financial Metric | Sep 30, 2024 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 |
|---|---|---|---|---|
| Total Assets | ₹18.2 Cr | ₹14.37 Cr | ₹13.53 Cr | ₹10.54 Cr |
| Total Revenue | ₹11.42 Cr | ₹18.08 Cr | ₹20.95 Cr | ₹18.63 Cr |
| Profit After Tax (PAT) | ₹3.64 Cr | ₹1.45 Cr | ₹1.07 Cr | ₹2.23 Cr |
| Net Worth | ₹13.75 Cr | ₹10.11 Cr | ₹8.66 Cr | ₹7.59 Cr |
| Reserves & Surplus | ₹12.88 Cr | ₹9.23 Cr | ₹8.51 Cr | ₹7.44 Cr |
| Total Borrowings | ₹1.71 Cr | ₹1.97 Cr | ₹2.49 Cr | ₹0.46 Cr |
Infonative Solutions IPO Valuation – FY2024
The valuation metrics of Infonative Solutions Limited provide key insights into its financial efficiency and profitability. With a strong Return on Equity (ROE) of 15.46% and a healthy Return on Capital Employed (ROCE) of 18.60%, the company demonstrates robust financial performance.
The low debt-to-equity ratio of 0.19 indicates a stable financial structure, while a PAT margin of 8.20% reflects consistent profitability. Below is a detailed breakdown of the company’s valuation metrics.
| Metric | Value |
|---|---|
| Return on Equity (ROE) | 15.46% |
| Return on Capital Employed (ROCE) | 18.60% |
| EBITDA Margin | 13.79% |
| PAT Margin | 8.20% |
| Debt-to-Equity Ratio | 0.19 |
| Earnings Per Share (EPS) | ₹1.66 (Basic) |
| Price-to-Earnings (P/E) Ratio | NA |
| Return on Net Worth (RoNW) | 15.46% |
| Net Asset Value (NAV) | ₹11.59 |
Objects of the Issue
- To meet the expenses for development of new products, courses and new features in LMS and purchase of laptop
- To meet the working capital requirements
- General corporate purposes and Unidentified Acquisitions
Infonative Solutions IPO Registrar Details
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
Infonative Solutions IPO Review
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IPO Lead Managers aka Merchant Bankers
- Share India Capital Services Private Limited
Company Address
Infonative Solutions Limited
107,
DLF South City Court,
Saket, New Delhi-110017
Phone: 011-45082517
Email: [email protected]
Website: https://www.infonative.net/
Infonative Solutions IPO FAQs
What are the Infonative Solutions IPO dates?
The IPO opens on March 28, 2025, and closes on April 3, 2025.
What is the price band and lot size?
The price band is ₹75 to ₹79 per share, with a lot size of 1,600 shares.
Where will Infonative Solutions IPO be listed?
The IPO will be listed on the BSE SME exchange.
Who are the promoters of the company?
The promoters are Mr. Saurabh Kathuria, Mr. Abdur Rauf Rahmani, and Mr. Yogeshh Goel.
What is the expected listing date?
The tentative listing date is April 8, 2025. 🚀