Infonative Solutions IPO subscribed 0.52 times on Day 2. Check GMP and other details
K N Mishra
01/Apr/2025

What's covered under the Article:
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Key details of the Infonative Solutions IPO, including subscription dates, share price, and market capitalization.
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An overview of the company's financial performance and IPO valuation metrics.
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Subscription status, Grey Market Premium (GMP), and expert recommendation for investors.
Infonative Solutions Ltd is a privately-owned company specializing in custom learning development solutions for clients across diverse industries, including corporate and education sectors. The company’s name, "Infonative Solutions," is derived from a combination of "Information Technology" and "Innovative Solutions", reflecting its core business focus on developing learning content solutions.
The Infonative Solutions IPO is a Book Built Issue of ₹24.71 Crores, consisting entirely of a Fresh Issue of 31.28 Lakh shares. The subscription period for this IPO will commence on March 28, 2025, and will close on April 03, 2025. The allotment date is anticipated to be finalized on April 04, 2025, with shares being listed on the BSE SME stock exchange by April 08, 2025.
The IPO’s share price band is set between ₹75 to ₹79 per equity share, and at the upper end of this price band, the market capitalization of Infonative Solutions is expected to reach ₹93.59 Crores. The lot size for this IPO is 1,600 shares, which means retail investors need to invest a minimum of ₹1,26,400 for one lot. High-Net-Worth Individuals (HNIs) are required to apply for a minimum of two lots (3,200 shares), amounting to ₹2,52,800.
The book running lead manager for this IPO is SHARE INDIA CAPITAL SERVICES PRIVATE LIMITED, while KFIN TECHNOLOGIES LIMITED will serve as the registrar. The market maker for the issue is Share India Securities Limited.
Infonative Solutions IPO Financial Overview:
Infonative Solutions has exhibited steady growth in recent years. For the fiscal year ending September 30, 2024, the company's revenues from operations were ₹1,142.30 Lakh, while EBITDA stood at ₹535.83 Lakh. The Profit After Tax (PAT) for FY24 was ₹364.47 Lakh, which reflects a steady growth trajectory compared to previous years.
Key Financial Metrics:
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Pre-issue EPS: ₹1.66
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Post-issue EPS: ₹1.22
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Pre-issue P/E ratio: 47.59x
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Post-issue P/E ratio: 64.24x
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ROCE for FY24: 18.60%
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ROE for FY24: 15.46%
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RoNW for FY24: 15.46%
These financial figures suggest that while Infonative Solutions has shown consistent growth, its valuation at the current IPO price indicates a relatively high P/E ratio, which might limit the upside potential for short-term gains.
Objectives of the Infonative Solutions IPO:
The net proceeds from the IPO will be utilized for the following purposes:
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₹735.21 Lakhs for the development of new products, courses, and features in their Learning Management System (LMS), as well as the purchase of laptops.
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₹500.67 Lakhs to meet the company’s working capital requirements.
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General corporate purposes, including potential unidentified acquisitions.
Infonative Solutions IPO Subscription Status:
As of 10:00 AM on April 01, 2025, the live subscription status for the Infonative Solutions IPO shows that it has been subscribed 0.52 times on its second day of the subscription period. Investors can track the IPO's subscription status in real time on the BSE website.
Infonative Solutions IPO GMP Trend:
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March 24, 2025: IPO Price ₹79, Expected Listing Price ₹79, GMP ₹0 (0.00%) – Updated on 06:00 PM, March 24, 2025
How to Check Infonative Solutions IPO Allotment Status:
The allotment date for Infonative Solutions IPO is April 04, 2025. Investors can check their allotment status by visiting the registrar’s website. Here’s how:
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Visit the IPO allotment status page.
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Select Infonative Solutions Ltd IPO from the dropdown list.
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Enter your application number, PAN, or DP Client ID and submit the details. The allotment status will be updated on the registrar's website once the final allotment is processed.
Infonative Solutions IPO Review:
The company is led by a team of experienced professionals:
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Mr. Saurabh Kathuria, a learning consultant with 19+ years of experience.
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Mr. Abdur Rauf Rahmani, with over 20 years in Visual Communication Design.
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Mr. Yogesh Goel, a learning consultant with 10+ years of experience.
Despite the strong leadership, the company's high P/E ratio and low Grey Market Premium (GMP) of ₹0 reflect a lack of significant interest in the unlisted market. Given this, the valuation may not offer immediate listing gains for investors, especially at the higher end of the price band.
Recommendation: Based on the company’s financial performance, valuation metrics, and grey market trends, the recommendation for Infonative Solutions IPO is to avoid it for both listing gains and long-term investments. The high P/E ratio and lack of listing premium suggest that investors should be cautious before making any investment decisions.
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