Listing Details
- Listing Exchange NSE SME
- Listing Date 08-Jun-23
- IPO Price Range ₹ 80 to ₹ 82 per share
- Listing Price ₹ 209
- Listing Change inf%
- Last Traded Price ₹ 272.8
- Current Change inf%
Infollion Research IPO Details
- Open Date 29-May-23
- Close Date 31-May-23
- Lot Size 1600
- IPO Size ₹ 21.45 Cr
- IPO Price Range ₹ 80 to ₹ 82 per share
- Min Investment ₹ 128000
- Listing Exchange NSE SME
- Basis of Allotment 05-Jun-23
- Refunds 06-Jun-23
- Credit to Demat Account 07-Jun-23
- Listing Date 08-Jun-23
Infollion Research Services IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 29 May'23 | 0.00 | 2.41 | 8.63 | 4.66 |
| 30 May'23 | 0.03 | 15.52 | 34.57 | 20.33 |
| 31 May'23 | 70.72 | 422.34 | 262.74 | 259.05 |
Infollion Research IPO Synopsis
Infollion Research Services Ltd is a tech-oriented marketplace its IPO opens on 29th May and closes on 31st May.
The issue consists of a fresh issue of 2,224,000 shares. The price band for the issue is fixed at Rs.80 to Rs.82 per share. The lot size is set for 1600 shares per lot. The shares will be allotted on the 5th of June and the issue will be listed on the 8th of June on the stock exchanges.
The book running lead managers to the offer is Holani Consultants Private Limited.
Objective of Infollion Research Services
The Company proposes to utilize the funds which are being raised through the Fresh Issue towards funding the following objects:
1. Expansion of current service line in the US and Western European regions
2. Pex-Panel- Adding new categories of freelancers
3. Technology Development
4. General Corporate Purposes
About Infollion Research Services
Infollion Research Services Limited is a tech-oriented marketplace. They are operating in the B2B Human Cloud segment, catering to on-demand contingent hiring and work arrangements with senior management talent, subject matter experts, and high-ranking, seasoned professionals.
In this highly dynamic and ever-evolving world, Infollion is providing a platform for workers or knowledge providers (gig workers) and employers or knowledge seekers to connect and find synergetic outcomes
The client base of Infollion Research includes top-tier Global Management Consulting firms, Hedge funds, Private Equity funds, and mid-tier Corporates.
For More Information:
Infollion Research Services IPO GMP
Webstory on Infollion Research Services IPO
Infollion Research Services Financial Status
Profit and Loss
Balance Sheet
| Particulars (in Rs. Crores) | FY22 | FY21 | FY20 |
|---|---|---|---|
| Revenue | 2198.46 | 1597.01 | 1285.84 |
| EBITDA | 442.59 | 271.53 | 268.51 |
| PAT | 340.66 | 207.65 | 213.63 |
| Particulars (in Rs. Crores) | FY22 | FY21 | FY20 |
|---|---|---|---|
| Total Assets | 1,181.32 | 848.74 | 630.30 |
| Share Capital | 1.49 | 1.49 | 1.49 |
| Total Borrowings | - | - | - |
| Particulars (in Rs. Crores) | FY22 | FY21 | FY20 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | 51.70 | 187.79 | 72.46 |
| Net cash from / (used in) investing activities | 7.22 | 6.25 | 5.32 |
| Net cash flow from / (used in) financing activities | - | - | - |
| Net increase (decrease) in cash and cash equivalents | 58.92 | 194.04 | 77.78 |
Infollion Research IPO Key Points
-
Strengths
• Accomplished Leadership Team and qualified workforce
• Long Lasting Business Relationships
• The company has an extensive pool of over 57 thousand seasoned professionals, SMEs, key opinion leaders, and C-level executives in its network, covering a wide spectrum of industries, functional expertise, and geographies
• Decoding & simplifying complex organizational structures while mapping functional expertise of each member in an organization is a painstakingly elaborate task.
-
Risks
• The company may not be able to maintain and enhance the quality of its existing services.
• The company relies on Network Members to provide accurate and complete information about their profiles and eligibility for projects.
• The profitability and success of the business depend on its ability to identify, recruit, retain and engage Network Members.
How to apply for IPO?
-
Login to your 5paisa account and select the issue in the
current IPO section -
Enter the number of lots and price at which you wish to
apply for -
Enter your UPI ID and click on submit. With this, your
bid will be placed with the exchange -
You will receive a mandate notification to block funds in
your UPI app -
Approve the mandate request on your UPI and funds
will be blocked
Open Demat Account in 5 minutes
Be a part of the 5paisa community - the first listed discount broker of India
Infollion Research IPO FAQs
What is the minimum lot size of the Infollion Research Services IPO?
The minimum lot size of Infollion Research Services IPO is 1600 shares.
What is the price band of the Infollion Research Services IPO?
The price band of Infollion Research Services IPO is Rs. 80- Rs.82.
When does the Infollion Research Services IPO opens and closes?
The Infollion Research Services IPO opens on May 29, 2023 and closes on May 31, 2023.
What is the size of the Infollion Research Services IPO issue?
The Infollion Research Services IPO comprises of a total issue of equity shares aggregating to ₹21.45 crores.
What is the allotment date of Infollion Research Services IPO?
The allotment date of Infollion Research Services IPO is 5th June 2023.
What is the Infollion Research Services IPO listing date?
The listing date of Infollion Research Services IPO is 8th June 2023.
Who are the book runners for Infollion Research Services IPO?
Holani Consultants Private Limited is the book runner of Infollion Research Services IPO.
What is the objective of the Infollion Research Services IPO?
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
1. Expansion of current service line in the US and Western European regions
2. Pex-Panel- Adding new categories of freelancers
3. Technology Development
4. General Corporate Purposes
How to apply for the Infollion Research Services IPO?
To apply for the Infollion Research Services IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and price at which you wish to apply for
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
● You will receive a mandate notification to block funds in your UPI app
Contact Details of Infollion Research Services IPO
Contact Information
Infollion Research Services Limited
80/28,
Malviya Nagar,
New Delhi - 110017
Phone: 9836468248
Email: madhumita.pramanik@infollion.com
Website: http://www.infollion.com/
Infollion Research Services IPO Register
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: infollionresearch.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Infollion Research Services IPO Lead Manager
Holani Consultants Private Limited