• By Goodwill
  • 364 Comments
  • December 20, 2023

IPO : Indifra Limited

 SYMBOL INDIFRA
 ISSUE TYPE Fixed Price Issue IPO
 ISSUE OPENS ON Thursday, December 21, 2023
 ISSUE CLOSES ON Tuesday, December 26, 2023
 ISSUE PRICE ₹65 per share
 ISSUE SIZE Up to Rs.14.04 Crores
 FACE VALUE Rs.10 per share

Indifra IPO is a fixed price issue of Rs 14.04 crores. The issue is entirely a fresh issue of 21.6 lakh shares.

Indifra IPO opens for subscription on December 21, 2023 and closes on December 26, 2023. The allotment for the Indifra IPO is expected to be finalized on Wednesday, December 27, 2023. Indifra IPO will list on NSE SME with tentative listing date fixed as Friday, December 29, 2023.

 MINIMUM BID 2000 shares
 MINIMUM AMOUNT  Rs.130,000
 MAXIMUM BID 2000 shares
 MAXIMUM AMOUNT  Rs.130,000
 PROMOTER HOLDING 67.55% (Post-issue)
 LISTING DATE Friday, December 29, 2023
 LISTING AT NSE, SME

Indifra IPO price is ₹65 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹130,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹260,000.

Objects of the Issue (Indifra IPO Objectives)

The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:

  1. 1. To Meet Working Capital Requirements
  2. 2. For General Corporate Purposes and Funding investments for acquisitions
  3. 3. To meet Public Issue Expenses
SMART IPO using UPI, you can now apply online

For Existing Clients : https://gudwil.in/IPO
Open an account :  https://gudwil.in/smart

Further any clarification, feel free to contact your Branch / Relationship Manager.For all your investment needs feel free to reach us. Give us a missed call at 90037 90027. For Support: 044-40329999

Warm Regards,

Team GoodwillDISCLAIMER : Investments in the securities market are subject to market risk. Read all the related documents carefully before investing. The data and information herein provided are believed to be reliable, but Goodwill Wealth Management Pvt. Ltd., does not warrant its accuracy or completeness. Goodwill Wealth Management Pvt. Ltd., or any of its employees are not liable for any action taken by any party based on the above information. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Special note: Short-term trading on the basis of technical is high risk and skill-oriented venture and may result in huge losses also. Traders doing so are doing at their own risk. We are not responsible for any damages. Note: The material is being provided to you for educational purposes only and does not constitute investment advice; returns mentioned herein are in no way a guarantee or promise of future returns. See Disclaimer, Privacy Policy @ https://gwcindia.in/Disclaimer

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