Integrity Infrabuild Developers IPO GMP & Review: Apply or Avoid?

Posted by : sachet | Mon May 12 2025

Integrity Infrabuild Developers IPO GMP & Review: Apply or Avoid?

Integrity Infrabuild Developers IPO is open for bidding on 13th May 2025. It is a fixed price IPO consisting of a fresh issue of 12 lakh shares worth ₹12 crores. The issue will be listed on NSE and SME on its tentative listing date, 20th May 2025. 

Integrity Infrabuild Developers IPO Details 

Integrity Infrabuild Developers IPO date is fixed between 13th May 2025 and 15th May 2025. The face value of Integrity Infrabuild Developers Limited shares stands at ₹10 per share, and the IPO listing price is fixed at ₹100 per share. 

Link Intime India Private Ltd. is the registrar of Integrity Infrabuild Developers IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

IPO Open Date13th May 2025
IPO Close Date15th May 2025
IPO Allotment Date16th May 2025
Refund Initiation 19th May 2025
Issue Size12,00,000 shares
Face Value₹10 per share
Lot Size1200 shares
Issue Price₹100 per share
Market Makers Portion67,200 shares
Issue TypeFixed price IPO
Listing AtNSE SME
Listing Date20th May 2025

Integrity Infrabuild Developers IPO Share Reservation

Integrity Infrabuild Developers IPO is a fixed price IPO issue of 12 lakh shares worth ₹12 crore. Integrity Infrabuild Developers Limited shares will be listed on the NSE and SME. Furthermore, SEBI has specified the share reservation criteria for different investor’ categories. 

Investor CategoriesReservation Required 
Retail Investors50.00% of the net offer
Other Shares Offered50.00% of the net offer
Total100.00%

Integrity Infrabuild Developers IPO GMP Grey Market Premium

GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on Integrity Infrabuild Developers IPO GMP? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

GMP DateIPO PriceGMPEstimated Listing Price Estimated Listing Gains
12-05-2025₹1000₹1000%
11-05-2025₹1000₹1000%
10-05-2025₹1000₹1000%

As of 12th May 2025, Integrity Infrabuild Developers IPO GMP stands at ₹0 per share, which means the share will likely show a flat listing at ₹100 (100+0) on its tentative listing date, 20th May 2025.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Integrity Infrabuild Developers IPO. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends. 

Integrity Infrabuild Developers IPO Review

Check out the detailed Integrity Infrabuild Developers IPO review for a thorough understanding of its potential to report listing gains on 20th May 2025. The Integrity Infrabuild Developers IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business financials before applying for the Integrity Infrabuild Developers IPO.

Integrity Infrabuild Developers Limited’s revenue rose 42.89% from ₹45.23 crores in March 2023 to ₹64.63 crores in March 2024. Moreover, the company’s PAT increased by 227.58% from ₹0.29 crores to ₹0.95 crores. 

Integrity Infrabuild Developers Limited has shown consistent revenue growth, indicating that the company is financially stable. Moreover, the brokers, investors, and RAs have a positive outlook for Integrity Infrabuild Developers IPO for its tentative listing day, which is 20th May 2025.  

Technical Analysis

A number of technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of Integrity Infrabuild Developers IPO.

Key IndicatorsValue
PE Ratio (Price-to-Earnings) 32.68
EPS (Earnings Per Share)3.06
RoNW30.60%
ROE (Return on Equity)30.60%
ROCE13.14%
PAT Margin (Profit After Tax)1.47
Market Capitalisation₹43 cr.

The PE ratio of Integrity Infrabuild Developers Limited shares is 32.68, and its Earnings Per Share (EPS) stands at 3.06. The Integrity Infrabuild Developers IPO can potentially deliver gains on its tentative listing date, 20th May 2025. 

Integrity Infrabuild Developers Limited Peer Comparison

Company NameRevenue (in cr.)PE RatioFace Value (in Rs)EPS RoNW (in %)
Integrity Infrabuild Developers Ltd.64.4732.68103.0630.60
Udayshivakumar Infra Ltd.5876.82105.5417.22
V R Infraspace Ltd.1967.04103.587.66

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Integrity Infrabuild Developers Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

IndicatorsPre-IPOPost-IPO
PE Ratio32.6816.6
EPS 3.066.02

Integrity Infrabuild Developers IPO Subscription Status

Integrity Infrabuild Developers IPO is now open for bidding on 13th May 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Integrity Infrabuild Developers IPO Subscription Status. 

Investor CategoryShares OfferedShares SubscribedSubscription in Times
Retail InvestorsYet to be announcedYet to be announcedYet to be announced
QIBYet to be announcedYet to be announcedYet to be announced
NII (sNII+bNII)Yet to be announcedYet to be announcedYet to be announced
Market Maker67200Yet to be announcedYet to be announced
TotalYet to be announcedYet to be announcedYet to be announced

About Integrity Infrabuild Developers Limited

Integrity Infrabuild Developers Limited was incorporated in 2017 and is a Class-A civil contractor registered with the Government of Gujarat. The company executes various construction activities as a contractor for government projects in Gujarat. It regularly subcontracts to boost its presence in the construction sector of the state.

The company has several competitive strengths including strong financial performance, solid project management capabilities with industry experience, technical capabilities, and resources.

Integrity Infrabuild Developers Limited Financials

The company’s financial analysis is essential before applying for the Integrity Infrabuild Developers IPO. Look at the table to learn about Integrity Infrabuild Developers Limited’s financials. 

Year Ended31st October 2024 (in cr.)31st March 2024 (in cr.)31st March 2023 (in cr.)31st March 2022 (in cr.)
Assets33.3520.6815.2513.06
Revenue68.9764.6345.2333.48
Profit After Tax1.940.950.290.30
Debt12.8611.175.226.51
Net Worth4.563.101.782.55

Explanation

Integrity Infrabuild Developers Limited’s revenue rose 42.89% from ₹45.23 crores in March 2023 to ₹64.63 crores in March 2024. Moreover, the company’s PAT increased by 227.58% from ₹0.29 crores to ₹0.95 crores. 

Integrity Infrabuild Developers IPO Bidding Requirements

Integrity Infrabuild Developers IPO has reserved lot sizes to be applied by different investor categories. Look at the table below to know about the requirements to be fulfilled for applying for this IPO. 

Investor CategoryLotsSharesAmount (in Rs)
Retail (Minimum)11200 shares₹1,20,000
Retail (Maximum)11200 shares₹1,20,000
HNIs (Minimum)22400 shares₹2,40,000

Integrity Infrabuild Developers IPO Promoter Holdings

Have a look at the table below to check about the holdings of Integrity Infrabuild Developers Limited’s promoters: Keyurkumar Sheth, Rajendrakumar Sheth and Disha Keyurkumar Sheth.

Share Holding Pre-Issue99.99%
Share Holding Post-Issue72.09%

Note: Promoter Holdings’ value is to be calculated using Equity dilution, which represents the gap between shareholdings before and after the Issue. 

Aim of Integrity Infrabuild Developers IPO

The primary aim of Integrity Infrabuild Developers IPO is to raise ₹12 crores. On the other hand, Integrity Infrabuild Developers Limited has decided to utilise these funds in different practices. Explore some of the secondary objectives for Integrity Infrabuild Developers IPO.

  • To meet working capital requirements.
  • To meet general corporate purposes. 
  • Purchase of machinery and equipment.

Should I Invest in Integrity Infrabuild Developers IPO?

“IIDL is an integrated civil contractor specializing in contracting and subcontracting services for various government projects. It provides its construction services for road construction, building and bridges. The company posted growth in its top and bottom lines for the reported periods. It surprised with improved bottom lines from FY24 onwards. Tiny equity capital post-IPO indicates longer gestation for migration. There is no harm in skipping this “High Risk/Low Return” aggressively priced bet.” ~ Dilip Davda (Editor at Chittorgarh Infotech Private Limited)

Explore the pros and cons of Integrity Infrabuild Developers IPO to know whether you should apply or avoid the issue. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming decades. 

Pros of Integrity Infrabuild Developers IPO

  • Robust Financials
  • Technical Capabilities and Resources

Cons of Integrity Infrabuild Developers IPO

  • Low Return
  • High Risk
  • Aggressively Priced

How to Apply for Integrity Infrabuild Developers IPO?

Check the steps mentioned below to apply for Integrity Infrabuild Developers IPO. 

  • Step 1: Conduct thorough research on Integrity Infrabuild Developers IPO GMP, subscription status, issue size, lot size, and other details. 
  • Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
  • Step 3: Make a bid for one lot of 1200 shares worth ₹1,20,000 of Integrity Infrabuild Developers IPO.   
  • Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for Integrity Infrabuild Developers IPO from more than one demat account to increase your allotment chances. 

How to Check Integrity Infrabuild Developers IPO Allotment Status?

You can check for Integrity Infrabuild Developers IPO allotment in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Check On NSE

  • Visit the NSE Official Website.
  • Navigate to the IPO Allotment Section. 
  • Select Equity as the issue type. 
  • Choose Integrity Infrabuild Developers IPO.  
  • Choose whether to proceed with the PAN number or application number.
  • Submit your details to get the allotment status online. 

Check On the Registrar Portal

  • Visit the registrar portal
  • Click on the allotment option.
  • Fill in the required details.
  • Click on the submit button to know your Integrity Infrabuild Developers IPO allotment status.

Let’s Wrap

Integrity Infrabuild Developers IPO is a fixed price issue of 12 lakh shares worth ₹12 crores. The shares of Integrity Infrabuild Developers Limited will be listed on NSE and SME on its tentative listing date of 20th May 2025. Researching Integrity Infrabuild Developers IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted its pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on Integrity Infrabuild Developers IPO

How is Integrity Infrabuild Developers IPO?

Ans. Currently, on 12th May 2025, Integrity Infrabuild Developers IPO GMP (Grey Market Premium) stands at ₹0 (0.00 % up). It indicates that the estimated listing price could be ₹100 per share. It is entirely a fresh issue of 12 lakh shares worth ₹12 crore. The IPO issue price is set at ₹100 per share, and the face value of each share is ₹10. 

What is Integrity Infrabuild Developers IPO price?

Ans. Integrity Infrabuild Developers IPO price has been set at ₹100 per share. Retail investors can apply for a minimum and maximum of 1 lot consisting of 1200 shares worth ₹1,20,000. Moreover, HNIs are required to bid for a minimum of 2 lots (2400 shares) worth ₹2,40,000. 

Is Integrity Infrabuild Developers IPO good?

Ans. During FY23- 24, Integrity Infrabuild Developers Limited’s revenue rose 42.89% from ₹45.23 crores in March 2023 to ₹64.63 crores in March 2024. Moreover, the company’s PAT increased by 227.58% from ₹0.29 crores to ₹0.95 crores. However, industry experts suggest skipping this IPO.

Who is the registrar of the Integrity Infrabuild Developers IPO?

Ans. Link Intime India Private Limited is the registrar of Integrity Infrabuild Developers IPO, awaiting to manage the IPO allotment procedure and refund initiation. For any queries regarding Integrity Infrabuild Developers IPO allotment and refund, you can contact Link Intime India Private Limited at https://linkintime.co.in/Initial_Offer/public-issues.html or +91-22-4918 6270.

What is the issue size of the Integrity Infrabuild Developers IPO? 

Ans. Integrity Infrabuild Developers IPO is a fixed price IPO for 12 lakh shares worth ₹12 crore. It is entirely a fresh issue of 12 lakh shares. Moreover, the IPO is set to open on 13th May 2025 and will be closed on 15th May 2025. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Integrity Infrabuild Developers IPO, download the Integrity Infrabuild Developers IPO RHP and Integrity Infrabuild Developers IPO DRHP. Conduct your own research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

Read Our Articles on the Best Stocks

Best Gold Stocks India

Green Energy Penny Stocks

Best Cement Stocks To Invest in India

What is Earnings Per Share EPS? 

Top Multibagger Penny Stocks For 2025 |  Potential Picks

Fundamentally Strong Stocks on NSE in 2025

Debt-Free Penny Stocks in India 2025

Best Realty Stocks In India 2025

Debt Free Penny Stocks Below 1 Rupee

Also Explore

Best Stocks Multibagger Stocks Penny StocksFundamentally Strong Stocks Sector Wise StocksPSU /Government Stocks
For Next 10 YearsFor Next 5 YearsSolar Penny StocksOn BSESolar Energy SectorPSU Stocks List
Long Term Below 100 rsTop 5 Penny StocksFor Long-TermHospitality Sector PSU Stocks in 2025
Best Bike StocksFor 2025Best Penny Stocks in IndiaPenny SharesHotel SectorGovernment Stocks in 2024
Best Liquor StocksHigh Growth StocksFor 2025Agriculture SectorGovernment Stocks List
Best Railway StocksUnder 500Penny Stocks Pharma SectorGovernment Stocks in 2025
Best Auto StocksFor 2026Oil and Gas Sector

Explore Current and Previous IPOs

CompanyOpening Date Closing Date
Arisinfra Solutions Limited 20th March 2025 25th March 2025 
Paradeep Parivahan Limited 17th March 2025 19th March 2025 
Divine Hira Jewellers Limited 17th March 2025 19th March 2025
Super Iron Foundry Limited11th March 2025 13th March 2025 
PDP Shipping & Projects Limited10th March 2025 12th March 2025
NAPS Global India Limited4th March 2025 6th March 2025 
Balaji Phosphates Limited 28th February 2025 04th March 2025
Shreenath Paper Products Limited25th February 2025 28th February 2025
Nukleus Office Solutions Limtied 24th February 2025 27th February 2025
Beezasan Explotech Limited 21th February 2025 25th February 2025 
HP Telecom India Limited 20th February 2025 24th February 2025

Univest Screeners

ExclusiveIndicesBreakouts
Buy in Short TermNifty Small Cap 100Daily Fresh Breakouts
Buy in Long TermNifty MidcapWeekly Breakouts
FII Holdings ChangeNifty BankOversold Stocks
Golden CrossoverSensexNearing Breakout
Upcoming DividendsNifty Fin Service
DII Holdings ChangeBankex
High Dividend StocksNifty Mid Cap 100
Earnings AnnouncedNifty 50
Fundamentally Strong 
Top Gainers
Top Losers
Low Debt Mid Caps
Cash-Rich Small Caps
Volume Shockers
52-Week High 
52-Week Low

Explore Webstories on Univest 

1. Best Time To Buy Dividend Stocks

2. How RBI Policies Affect Dividend Stocks

3. Can Dividend Stocks Beat Inflation

4. What Is The Dividend Aristocrat List

5. Which Indian Psus Offer The Best Dividends

6. Large Cap Vs Small Cap Dividend Stocks

Disclaimer: This is for general information and education purposes only. The Securities quoted (if any) are for illustration only and are not recommendatory. Past performance does not guarantee any future returns. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

icon

100% Safe & Secure Platform.

Univest encrypts all data and transactions to ensure a completely secure experience for our members.

Copyright

2025 Univest. All rights reserved. | Designed with ❤️ in India
About Univest
About: Univest is a cutting-edge stock market platform designed to help traders and investors maximize their returns with expert-driven advisory services and seamless trading execution. Whether you're a seasoned trader or just starting, Univest simplifies your investment journey with actionable trade recommendations, AI-powered portfolio insights, and a fully integrated brokerage experience. With Univest, you gain access to proven stock market advisory, offering expert trade ideas for stocks, futures, options, and commodities. Our one-click trade execution feature eliminates slippage, ensuring instant execution through our advisory-first brokerage. Smart portfolio management allows you to identify underperforming stocks, optimize your investments, and receive real-time alerts. Additionally, Univest provides seamless investment opportunities beyond stocks, including mutual funds, bonds, fixed deposits, and insurance (coming soon). Join over 40 lakh active investors who trust Univest to make informed and profitable trading decisions. Start investing smarter today! 🚀  
Attention Investors : To ensure a smooth trading experience and prevent unauthorized transactions, investors must update their mobile number and email ID with their stockbroker or depository participant. As per regulatory requirements, investors are required to pay a stipulated amount as an upfront margin for trading in the Cash/FO segment. We encourage all investors to regularly check their securities in the Consolidated Account Statement (CAS) issued by depository to verify their holdings.Always verify alerts and transaction details received directly from the exchange or NSDL before proceeding with any trades. Please do not make payments through unverified email links, WhatsApp, or SMS. Always trade through a registered stockbroker and verify all details before making financial decisions.
 
Disclaimer: Investments in the securities market are subject to market risks. Please read all related documents carefully before investing. Brokerage will not exceed the SEBI prescribed limit. For more disclaimer /disclosure, visit https://univest.in/stock-broker or Univest App.We collect and use your contact information for legitimate business purposes, including providing updates on our products and services. We do not sell or rent your contact information to third parties. By submitting your details, you authorize us to contact you via Call/SMS, even if you are registered under DND. This authorization remains valid for 12 months.For grievances, please contact us at hello@unibrokers.in .
 
Univest Stock Broking Disclosures
Univest Stock Broking Private Limited - SEBI Reg. No. INZ000317437 (Stock Broker), NSE TM Code: 90392, BSE TM Code: 6866, MCX TM Code: 57290 and ICCL- Self Clearing Member Code: 6866, SEBI Reg. No. IN-DP-779-2024 (Participant), NSDL DP ID: IN304748.
 Risk Disclosures on Derivatives
1. 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
2. On an average, loss makers registered net trading loss close to ₹ 50,000
3. Over and above the net trading losses incurred, loss makers expended an additional 28% of
net trading losses as transaction costs.
4. Those making net trading profits, incurred between 15% to 50% of such profits as transaction
cost.
Attention Investors: As per NSE circular dated July 6, 2022: https://nsearchives.nseindia.com/content/circulars/INSP52900.pdf, BSE circular dated July 6, 2022: https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20220706-55, MCX circular dated July 11, 2022: https://www.mcxindia.com/docs/default-source/circulars/english/2022/july/circular-418-2022.pdf?sfvrsn=9401991_0, investors are cautioned to abstain them from dealing in any schemes of unauthorised collective investments/portfolio management, indicative/ guaranteed/fixed returns / payments etc. 
Investors are further cautioned to avoid practices like:
a. Sharing 
i) trading credentials – login id and passwords including OTPs.
ii) trading strategies,
iii) position details.
b. Trading in leveraged products /derivatives like Options without proper understanding, which
could lead to losses.
c. Writing/ selling options or trading in option strategies based on tips, without basic knowledge
and understanding of the product and its risks.
d. Dealing in unsolicited tips through platforms like Whatsapp, Telegram, Instagram, YouTube,
Facebook, SMS, calls, etc.
e. Trading / Trading in “Options” based on recommendations from unauthorised / unregistered
investment advisors and influencers.
 Kindly read the Advisory Guidelines For Investors as prescribed by the Exchange with reference to their circular dated 27th August, 2021 regarding investor awareness and safeguarding client’s assets: https://nsearchives.nseindia.com/content/circulars/INSP49434.pdf
Kindly, read the advisory as prescribed by the Exchange with reference to their circular: NSE/ISC/51035 dated January 14, 2022 regarding Updation of mandatory KYC fields by March 31, 2022: https://www.nseindia.com/resources/exchange-communication-circulars# 
Attention Investors: Prevent unauthorised transactions in your Demat account by updating your mobile number with your depository participant. Receive alerts on your registered mobile number for debit and other important transactions in your Demat account directly from NSDL on the same day. Prevent unauthorised transactions in your Trading account by updating your mobile numbers/email addresses with your stock brokers. Receive information on your transactions directly from the Exchange on your mobile/email at the end of the day. Issued in the interest of investors. KYC is a one-time exercise while dealing in securities markets - once KYC is done through a SEBI-registered intermediary (Broker, DP), you need not undergo the same process again when you approach another intermediary. As a business, we don’t give stock tips and have not authorised anyone to trade on behalf of others. If you find anyone claiming to be part of Univest Stock Broking Private Limited and offering such services, please send us an email at hello@unibrokers.in
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor’s account.
Update your email ID and mobile number with your stockbroker/depository participant and receive an OTP directly from the depository on your registered email ID and/or mobile number. Check your securities/mutual funds/bonds in the Consolidated Account Statement (CAS) issued by NSDL every month.
Attention Investors: SEBI has established an Online Dispute Resolution Portal (ODR Portal) for resolving disputes in the Indian Securities Market. This circular streamlines the existing dispute resolution mechanism, offering online conciliation and arbitration, benefiting investors and listed companies https://www.sebi.gov.in/legal/circulars/jul-2023/online-resolution-of-disputes-in-the- indian-securities-market_74794.html. ODR portal for Investors - https://smartodr.in/login.
Procedure to file a complaint on SEBI SCORES: Register on SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances.