Infonative Solutions IPO subscribed 1.87 times on Day 3. Check GMP and other details
K N Mishra
03/Apr/2025

What's covered under the Article:
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Infonative Solutions IPO opens on March 28, 2025, with a subscription closing on April 03, 2025.
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The IPO shares are priced between ₹75 to ₹79, with a market capitalization of ₹93.59 Crores at the upper price band.
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Allotment will be finalized on April 04, 2025, with a tentative listing on April 08, 2025, on BSE SME.
Infonative Solutions Ltd, a prominent player in the corporate and educational learning content sector, has launched its IPO with a fresh issue of 31.28 lakh shares, aggregating to ₹24.71 crores. The IPO opens for subscription from March 28, 2025, and closes on April 03, 2025. The share price band has been set between ₹75 and ₹79 per equity share, and the market capitalization at the upper price band will be ₹93.59 crores.
The company offers a lot size of 1,600 shares, with retail investors needing to invest a minimum of ₹1,26,400, while High-Net-Worth Individuals (HNIs) are required to invest in a minimum of two lots, amounting to ₹2,52,800. The IPO is managed by SHARE INDIA CAPITAL SERVICES PRIVATE LIMITED, with KFIN TECHNOLOGIES LIMITED serving as the registrar, and Share India Securities Limited acting as the market maker.
Regarding the financials, Infonative Solutions has demonstrated steady growth in recent years, with revenues of ₹1,142.30 Lakh for the period ending September 30, 2024. Its earnings before interest, taxes, depreciation, and amortization (EBITDA) for the same period stood at ₹535.83 Lakh. The company’s profit after tax (PAT) for the same period was ₹364.47 Lakh, reflecting a steady upward trend in its financial health.
The Grey Market Premium (GMP) of the Infonative Solutions IPO is currently at ₹0, indicating minimal speculative activity in the unlisted market. However, it's important to note that Grey Market Premium is based on supply-demand dynamics and is not a reliable indicator of the listing price. Hence, investors are advised to treat GMP as an informational tool rather than a definitive factor for making investment decisions.
On the allotment front, investors eagerly await the status, which is expected to be finalized by April 04, 2025. The company’s financials, including a pre-issue Earnings Per Share (EPS) of ₹1.66 and a post-issue EPS of ₹1.22, indicate a healthy profit potential. The Price-to-Earnings (P/E) ratio stands at 47.59x pre-issue and 64.24x post-issue, signaling a fairly valued offering considering its financial metrics.
The IPO proceeds will be utilized to fund the development of new products, courses, and features in its Learning Management System (LMS), as well as to purchase laptops for operational efficiency. The company also plans to allocate a portion of the funds to meet its working capital requirements and general corporate purposes, including any potential acquisitions.
Given the company’s steady growth trajectory and solid management team, led by experts with decades of experience in learning consultancy and visual communication design, the Infonative Solutions IPO is poised to attract investor interest. However, the lack of significant Grey Market Premium and the relatively high P/E ratio suggest that investors should approach the IPO with caution, particularly for those looking for short-term listing gains.
For those looking for long-term growth prospects, Infonative Solutions, with its strategic focus on the expanding e-learning market, could present a solid investment opportunity. However, given the IPO's valuation and the current market conditions, it might not offer substantial listing gains. Therefore, potential investors should weigh the pros and cons carefully before making their investment decision.
Investors can check the allotment status online through the registrar's website starting from April 04, 2025. Simply enter the application number, PAN, or DP Client ID to check whether you’ve received an allotment. If you miss out on this allotment, keep an eye on the listing date, which is expected on or about April 08, 2025, when shares will be listed on the BSE SME platform.
In conclusion, Infonative Solutions' IPO presents a mix of solid financials, growth prospects, and an experienced leadership team. While the IPO might not provide substantial listing gains, its long-term potential in the e-learning sector could make it a worthwhile investment for those with a longer-term horizon.