Infonative Solutions IPO | Is It The Right IPO For You Or Not?

Infonative Solutions IPO is a book-built issue of ₹ 24.71 crores. It is a BSE SME IPO consisting entirely of a fresh issue portion of 31.28 lakh shares. 

Infonative Solutions IPO will open for subscription on 28th March 2025 and will receive its last bid for subscription on 03rd April 2025 (closing day). The tentative listing date for the Infonative Solutions IPO is set for 8th April 2025, with the tentative allotment date of 04th April 2025. Investors can expect refund initiation (if any) and credit of allotted shares in demat accounts on 07th April 2025. 

The price band for the Infonative Solutions IPO is set with a floor price of ₹ 75 and a cap price of ₹ 79 per equity share. The minimum lot size for the Infonative Solutions IPO is 1,600 shares, aggregating to a minimum investment for the retail segment at ₹ 1,20,000 (floor price * lot size). Whereas on the cutoff price of ₹ 79, the minimum investment would be ₹ 1,26,400. The HNI segment has the minimum lot size of 2 lots (3,200 shares) for the Infonative Solutions IPO, amounting to a minimum subscription of ₹ 2,52,800.

The book running lead manager for the Infonative Solutions IPO is Share India Capital Services Private Limited, and the registrar is Kfin Technologies Limited. The market maker for Infonative Solutions IPO is Share India Securities Limited. 

Infonative Solutions IPO Key Information 

Infonative Solutions IPO Key Dates

Infonative Solutions IPO GMP (Grey Market Premium)

Infonative Solutions IPO GMP: Grey Market Premium (GMP) refers to the price of an IPO trading in the grey markets. It represents the difference between the issue price and the grey market price of an IPO.

Infonative Solutions IPO GMP Trend

The Infonative Solutions IPO GMP of ₹ 0 as of 28th March 2025 indicates that the IPO has not attracted much interest from investors in the grey markets. It may lead to a neutral listing for Infonative Solutions IPO on 08th April 2025. The recently updated GMP of Infonative Solutions Limited IPO of ₹ 0 indicates an expected listing price of ₹ 79 with estimated listing gains of 0.00 %. To stay updated on more upcoming IPOs, keep reading Univest Blogs.

Infonative Solutions IPO Subscription Status 

Infoative Solutions IPO was subscribed 0.01 times on the opening day (28th March 2025) till 10:19 AM. The issue was subscribed to 0.01 times by the retail category for the subscription by the NII and QIB categories stood at 0 times.

*(QIB – Qualified Institutional Buyers, NII – Non Institutional Buyers)

Infonative Solutions IPO Analysis

Infonative Solutions IPO Lot Size Structure

Infonative Solutions IPO Reservation Structure

Infonative Solutions IPO is a BSE SME IPO, likely to be listed on the Indian stock exchanges on 08th April 2025. This issue consists of a reservation portion for the qualified institutional buyers (QIB), retail investors and non-institutional buyers (NIB). To learn more about the reservation requirements of the Infonative Solutions IPO, refer to the table below.

Infonative Solutions IPO Objectives

Infonative Solutions IPO is being issued with a price band of ₹ 75 to ₹ 79 at a total IPO size of ₹ 24.71 crores. Infonative Solutions Limited intends to use the net issue proceeds from the IPO for the following objectives: 

1. To meet the expenses for the development of new products, courses and new features in LMS, the purchase of laptops.
2. To meet working capital requirements.  
3. To meet the general corporate purposes and unidentified acquisitions.  

The net issue proceeds (Gross issue proceeds – issue  expenses) from the Infonative Solutions Limited IPO will be used for the fulfilment of the objectives mentioned above in the following manner: 

(figures in ₹ lakhs)

Pros and Cons of Infonative Solutions IPO

Pros

• Highly experienced development team.  
• Proven capability in executing complex and large learning projects.
• Wide client list and references across various industry sectors.
• Scalable learning platform supporting geographic expansion.

Cons 

• Limited international presence (only in two countries).
• Inability to raise yearly charges for domestic customers in the custom content space.
• Economic fluctuations like wars can have a short-term impact on the cost of learning projects.. 
• Risk of technological obsolescence. 

Infonative Solutions Limited Performance Review

Before investing in the Infonative Solutions IPO, it is crucial to analyse its financial health through technical and financial statement analysis. It helps understand the profit growth, cash flow, and other risks and strengths of the underlying company. Therefore, to make informed decisions regarding the Infonative Solutions IPO, you must take a look at the financials of the company below:

Financial Performance

*Figures in ₹ lakhs except percentages

Explanation 

Revenue  

Infonative Solutions Limited earned revenue of ₹ 1,832.08 lakhs in FY 2022, which grew by 12.48 

% in FY 2023 to ₹ 2,060.88 lakhs. In FY 2024, Infonative Solutions Limited clocked a revenue of ₹ 1,769.33 lakhs, which was lower than the revenue of FY 2023 and FY 2022 by 14.14 %  and 11.10 %, respectively. 

EBITDA

As for the EBITDA, the company clocked earnings before interest, tax, depreciation and amortisation (EBITDA) of ₹ 321.28 lakhs in FY 2022. In FY 2023, the company’s EBITDA reduced by 46.61 % to ₹ 171.51 lakhs. In FY 2024, the EBITDA of Infonative Solutions Limited was ₹ 243.94 lakhs, which grew by 42.23 % compared to the revenue of FY 2023.

Profit After Tax (PAT)

Infonative Solutions Limited has experienced a similar trend in its PAT figures, compared to the company’s revenue. In FY 2022, the company’s PAT was closed at a figure of ₹ 222.57 lakhs. In FY 2023, Infonative Solutions Limited had a PAT of ₹ 106.87 lakhs, resulting in a decrease of 51.98 %. In FY 2024, the company’s PAT stood at a figure of ₹ 145.02 lakhs.

Technical Analysis (KPIs)

(ROE – Return on Equity, RONW – Return on Net Worth, ROCE – Return on Capital Employed)

Please note that the Price-To-Earnings (PE) and Earnings Per Share (EPS) ratios are subject to change after the Infonative Solutions Limited IPO listing. Therefore, have a look at the table below that provides the pre- and post IPO values of the PE and EPS of Infonative Solutions Limited IPO. 

About Infonative Solutions Limited

Infonative Solutions Limited is engaged in the business of developing and designing e-learning content and courseware, and other related products, including cloud-based learning management systems (LMS) etc.

The company commenced its operations in 2014 in Delhi, India. In 2018, Infonative Solutions Limited expanded its operations by investing in Mindscroll, a leading Learning Management Software Systems (LMS) software. After the investment in the LMS software, the company was able to offer a comprehensive suite of e-learning solutions. 

Infonative Solutions Limited currently have a stronghold in Instructional Design, Gamification, Augmented and virtual realtiy based e-learing content, and software application simulation, etc. Under these segments, the company offers a portfolio of services including e-learning solutions, e-learning consulting, courseware, off-the-shelf content, and LMS services. 

The client base of Infonative Solutions Limited includes industries such as banks, Insurance, Financial Services, Oil, Energy, & Chemicals, Education, FMCG, Pharma and Healthcare, IT and retail.  

 How to Apply For Infonative Solutions IPO

To apply for the Infonative Solutions IPO, you simply need to follow the steps below: 

Step 1 – Research the risks, benefits, and key details of the Infonative Solutions IPO. 

Step 2 – Open a demat account with Univest to know more about the Infonative Solutions IPO and invest in it. If you have an old demat account, you can also use it to invest in the public offer. 

Step 3 – To invest in the Infonative Solutions IPO as a retail investor, you must place a bid for 1,600 shares for a total amount of ₹ 1,26,400 lakh.

Step 4 – Once the bidding process is completed, you will receive a request for payment initiation using your chosen investment method. Approve the payment request and stay updated with the allotment status for the Infonative Solutions IPO.

Snapshot Of Infonative Solutions IPO 

• The Infonative Solutions IPO is a book-built issue consisting of 31,28,000 equity shares amounting to a total size of 24.71 crores. 
• The Infonative Solutions Limited IPO consists entirely of a fresh issue portion of 31.28 lakh shares (₹ 24.71 cr.).
• The price band for the Infonative Solutions IPO is set between the floor price of ₹ 75 and the cap price of ₹ 79. 
• The minimum lot size of the Infonative Solutions Limited IPO for retail investors is set at 1,600 shares (1 lot), and for the HNI segment, it is 3,200 equity shares (2 lots). 

FAQ on Infonative Solutions IPO

1. What is the Infonative Solutions IPO?

Infonative Solutions IPO is a book-built offer for 31,28,000 equity shares. The issue is available at a price band of ₹ 75 to ₹ 79. Investors can subscribe to the Infonative Solutions IPO through a bidding process, which will commence on 28th March 2025. 

2. How can I invest in the Infonative Solutions IPO? 

You can invest in the Infonative Solutions IPO through your demat account. In case you dont have a demat account, you can open a Univest demat account to apply in the Infonative Solutions IPO.

3. What is the Infonative Solutions IPO price? 

The price of Infonative Solutions IPO is set at a price band of ₹ 75 to ₹ 79.

4. Who is the registrar of Infonative solutions IPO?

Kfin Technologies Limited is assigned as the registrar for the Infonative solutions Limited IPO. 

5. What is the allotment date for the Infonative Solutions IPO? 

The tentative allotment date for Infonative Solutions IPO is 08th April 2025.

6. What is the retail lot size in the Infonative Solutions IPO? 

The minimum lot size of the retail segment for the Infonative Solutions IPO is set at 1,600 shares, which amounts to a total of ₹ 1,26,400 per lot. 

7. What does Infonative Solutions Limited do?

Infonative Solutions Limited is engaged in the business of providing e-learning, courseware and other related products, including a cloud-based learning management solution (LMS).

8. How can I check the Infonative Solutions IPO allotment status? 

You can check the Infonative Solutions IPO allotment status on the official website of the Bombay Stock Exchange (BSE).

Note: Univest does not recommend investing in the Infonative Solutions IPO based on the information provided in the above blog. Before investing in the public offer, perform your own research and invest according to your risk tolerance levels. 

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