Infonative Solutions Ltd, a for-profit organization specializing in custom learning development solutions for various industries, is launching its Initial Public Offering (IPO). The company has set a price band of ₹75 to ₹79 per equity share, with a fresh issue of 31.28 lakh shares, raising a total of ₹24.71 crores. This IPO will be listed on the BSE SME and is expected to open on March 28, 2025, and close on April 3, 2025.

Objectives of the IPO
Infonative Solutions intends to use the net proceeds from the IPO for several purposes, including:

• ₹735.21 lakh for the development of new products, courses, features in the Learning Management System (LMS), and the purchase of laptops.

• ₹500.67 lakh for working capital requirements.

• The balance will be used for general corporate purposes and potential acquisitions.

Company Overview and Financial Performance

Infonative Solutions was founded by experienced professionals in the field of learning and development. Mr. Saurabh Kathuria, with 19+ years of experience in learning consultation, Mr. Abdur Rauf Rahmani, with 20+ years in Visual Communication Design, and Mr. Yogesh Goel, a learning consultant with over 10 years of experience, are the key promoters behind the company.

The company reported a revenue of ₹1,142.30 lakh for the period ending September 30, 2024, and ₹1,807.80 lakh for the fiscal year 2024. The EBITDA for the period was ₹535.83 lakh, indicating a healthy operational performance. The company’s profit after tax (PAT) for FY24 was ₹364.47 lakh.

Infonative Solutions’ pre-issue earnings per share (EPS) stands at ₹1.66, while the post-issue EPS is projected at ₹1.22. The company has a pre-issue price-to-earnings (P/E) ratio of 47.59x and a post-issue P/E ratio of 64.24x. The return on capital employed (ROCE) for FY24 is 18.60%, and the return on equity (ROE) is 15.46%. These metrics suggest a stable growth outlook for the company.

Grey Market Premium (GMP)
Currently, the Grey Market Premium (GMP) for the Infonative Solutions IPO stands at ₹0, suggesting no immediate listing gains. The GMP is based on the supply and demand of shares in the unorganized market and may fluctuate. However, GMP should be considered for informational purposes only, as it does not guarantee future performance.

Subscription and Allotment Status

The subscription period for Infonative Solutions IPO will open on March 28, 2025, and close on April 3, 2025. The allotment date is set for April 4, 2025, and the shares are expected to be listed on the BSE SME on April 8, 2025.

Investors can check their allotment status online by visiting the registrar’s website (KFIN Technologies Ltd). The process involves selecting the IPO from a dropdown menu and entering the required details like application number, PAN, or DP Client ID to check the status.

Lot Size and Investment Details

• The lot size for the IPO is 1,600 shares.

• Retail investors need to invest a minimum of ₹1,26,400 for one lot.

• High-net-worth individuals (HNIs) must apply for a minimum of two lots (3,200 shares), amounting to ₹2,52,800.

Market Overview and IPO Review
Infonative Solutions Ltd’s IPO is reasonably priced based on its financial metrics, with a price band of ₹75-79 per share. Given the company’s steady growth trajectory and financial performance, the IPO appears to be fairly valued, but the lack of GMP suggests limited listing gains.

While the company is in a growing sector focused on learning solutions, investors should consider the potential risks before making an investment decision. The IPO is likely best suited for those looking for medium- to long-term growth rather than short-term listing gains.

Conclusion
Investors interested in the Infonative Solutions IPO should evaluate the company’s financial performance, growth prospects, and valuation carefully. Given the relatively low GMP and the valuation metrics, we recommend proceeding with caution, especially if you’re looking for quick listing gains. However, the company’s solid growth track record may offer long-term potential for investors in the learning development sector.

The Upcoming IPOs in this week and coming weeks are Arisinfra Solutions Limited, Infonative Solutions Limited,Spinaroo Commercial Limited,Aten Papers & Foam Limited.

The Current active IPO are Retaggio Industries Limited,Identixweb Limited, ATC Energies System Limited, Shri Ahimsa Naturals Limited.

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