Infonative Solutions Ltd, a private organization founded to support learning content solutions across various industries, is offering an IPO on BSE SME. The IPO is a book-built issue with a fresh issue of 31.28 Lakh shares, aiming to raise ₹ 24.71 Crores. The price band for the IPO is ₹ 75 to ₹ 79 per share, offering investors a chance to participate in this promising learning solutions provider.

IPO Subscription Period:
The subscription period for the Infonative Solutions IPO will open on March 28, 2025, and close on April 3, 2025. The allotment date is April 4, 2025, with a tentative listing date scheduled for April 8, 2025, on the BSE SME.

Lot Size and Investment Requirements:
The IPO offers a lot size of 1,600 shares, with retail investors required to invest a minimum of ₹ 1,26,400. For High-Net-Worth Individuals (HNIs), the minimum investment will be for 2 lots (3,200 shares), totaling ₹ 2,52,800.

Lead Manager and Registrar:
The book running lead manager for the issue is SHARE INDIA CAPITAL SERVICES PRIVATE LIMITED, while KFIN TECHNOLOGIES LIMITED is the registrar. The market maker for the issue is Share India Securities Limited.

Infonative Solutions IPO GMP:
The Grey Market Premium (GMP) for the Infonative Solutions IPO currently stands at ₹ 0, indicating no expected listing gains at this moment. The GMP remains unaffected by any real trading activity, as price discovery is solely based on demand and supply post-listing.

Infonative Solutions IPO Subscription Status:
As of March 28, 2025, the IPO has been subscribed 0.50 times on its first day. Investors can track the live subscription status on the BSE SME website for real-time updates.

Infonative Solutions IPO Allotment Process:
The allotment date for the Infonative Solutions IPO is April 4, 2025. Investors can check the allotment status by visiting the registrar’s website and entering details like application number, PAN, or DP Client ID.

Infonative Solutions Ltd Financials

Infonative Solutions Ltd’s revenue from operations for the year ending September 30, 2024, stood at ₹ 1,142.30 Lakh, with a Profit After Tax (PAT) of ₹ 364.47 Lakh. The company has shown consistent growth in revenues and profitability, with EBITDA of ₹ 535.83 Lakh for FY24.

Key Performance Metrics:

• Pre-issue EPS: ₹ 1.66

• Post-issue EPS: ₹ 1.22

• Pre-issue P/E ratio: 47.59x

• Post-issue P/E ratio: 64.24x

• Return on Capital Employed (ROCE): 18.60%

• Return on Equity (ROE): 15.46%

Financial Performance Review: Infonative Solutions has shown robust financial performance in recent years. Despite a slightly high P/E ratio, the company maintains strong profitability and returns. The company's Annualized EPS based on the latest financial data is ₹ 8.36, with a PE ratio of 9.44x, suggesting the IPO is fairly priced.

Objectives of the IPO:
The net proceeds from the IPO will be used for:

• ₹ 735.21 Lakhs towards product development, new courses, LMS features, and laptop purchases.

• ₹ 500.67 Lakhs for working capital requirements.

• To cover general corporate purposes and any unidentified acquisitions.

Investment Outlook and Recommendation: Considering the steady growth in the company’s financials, Infonative Solutions IPO presents a fairly priced investment. However, the high P/E ratios may indicate limited listing gains, and investors should assess their risk appetite before investing. Given the current 0.00% GMP and the company’s valuations, it is advisable for investors to avoid the IPO for listing gains or long-term investment purposes.

Conclusion: Infonative Solutions Ltd’s IPO offers a promising opportunity in the learning solutions sector. However, investors should be cautious due to the high P/E ratio and lack of GMP signals. Carefully evaluate whether this aligns with your investment goals before committing to the IPO.

The Current active IPO are Aten Papers & Foam Limited, Infonative Solutions Limited,Spinaroo Commercial Limited,Retaggio Industries Limited.

The Closed IPOs are  Identixweb Limited, ATC Energies System Limited, Shri Ahimsa Naturals Limited, Desco Infratech Limited.

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