Gujarat Based Infrastructure Management Company, Indifra Ltd is planning to elevate Rs. 14.04 crore from its SME public subject. The public subject opened for subscription on December 21 and closed on December 27. The Proceeds of the general public subject can be used for funding funding for acquisition, meet working capital necessities, and (*27*) Corporate Purposes.Beeline Capital Advisors Pvt Ltd is the lead supervisor of the problem.
The preliminary public providing contains a recent subject of 21.60 lakh fairness shares of face worth Rs 10 every at a value of Rs 65 per share (together with a premium of Rs 55 per fairness share) aggregating up to Rs 14.04 crore. The minimal lot dimension for the applying is 2000 shares which interprets into an funding of Rs 1.30 lakh per utility. The firm has obtained approval to launch its public subject on the NSE Emerge Platform of the National Stock Exchange.
Incorporated in 2009, Indifra Limited supplies infrastructure administration contracting, fuel pipeline laying and electrical gear distribution companies. The firm has two enterprise verticals together with Pipeline and Infrastructure Management Contracting Services and Distribution {of electrical} home equipment. The firm supplies fuel provide corporations with the administration of their fuel provide pipelines. As of December 2023, the corporate is offering fuel pipeline administration companies to Charotar Gas Sahakari Mandali Limited (CGSML). The firm has additionally labored for Adani Gas Limited.
For the FY22-23 firm reported whole income of Rs10.01 crore and web revenue of Rs 0.99 crore. As on 31st March 2023, web price of the corporate at Rs 1.69 crore and reserves and surplus of Rs 1.68 crore. (*14*) holding post-issue can be 67.55%.
The preliminary public providing contains a recent subject of 21.60 lakh fairness shares of face worth Rs 10 every at a value of Rs 65 per share (together with a premium of Rs 55 per fairness share) aggregating up to Rs 14.04 crore. The minimal lot dimension for the applying is 2000 shares which interprets into an funding of Rs 1.30 lakh per utility. The firm has obtained approval to launch its public subject on the NSE Emerge Platform of the National Stock Exchange.
Incorporated in 2009, Indifra Limited supplies infrastructure administration contracting, fuel pipeline laying and electrical gear distribution companies. The firm has two enterprise verticals together with Pipeline and Infrastructure Management Contracting Services and Distribution {of electrical} home equipment. The firm supplies fuel provide corporations with the administration of their fuel provide pipelines. As of December 2023, the corporate is offering fuel pipeline administration companies to Charotar Gas Sahakari Mandali Limited (CGSML). The firm has additionally labored for Adani Gas Limited.
For the FY22-23 firm reported whole income of Rs10.01 crore and web revenue of Rs 0.99 crore. As on 31st March 2023, web price of the corporate at Rs 1.69 crore and reserves and surplus of Rs 1.68 crore. (*14*) holding post-issue can be 67.55%.
