Integrity Infrabuild Developers IPO GMP & Review: Apply or Avoid?
Posted by : sachet | Mon May 12 2025

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 Date | 13th May 2025 |
IPO Close Date | 15th May 2025 |
IPO Allotment Date | 16th May 2025 |
Refund Initiation | 19th May 2025 |
Issue Size | 12,00,000 shares |
Face Value | ₹10 per share |
Lot Size | 1200 shares |
Issue Price | ₹100 per share |
Market Makers Portion | 67,200 shares |
Issue Type | Fixed price IPO |
Listing At | NSE SME |
Listing Date | 20th 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 Categories | Reservation Required |
Retail Investors | 50.00% of the net offer |
Other Shares Offered | 50.00% of the net offer |
Total | 100.00% |
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 Date | IPO Price | GMP | Estimated Listing Price | Estimated Listing Gains |
12-05-2025 | ₹100 | 0 | ₹100 | 0% |
11-05-2025 | ₹100 | 0 | ₹100 | 0% |
10-05-2025 | ₹100 | 0 | ₹100 | 0% |
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 Indicators | Value |
PE Ratio (Price-to-Earnings) | 32.68 |
EPS (Earnings Per Share) | 3.06 |
RoNW | 30.60% |
ROE (Return on Equity) | 30.60% |
ROCE | 13.14% |
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 Name | Revenue (in cr.) | PE Ratio | Face Value (in Rs) | EPS | RoNW (in %) |
Integrity Infrabuild Developers Ltd. | 64.47 | 32.68 | 10 | 3.06 | 30.60 |
Udayshivakumar Infra Ltd. | 587 | 6.82 | 10 | 5.54 | 17.22 |
V R Infraspace Ltd. | 19 | 67.04 | 10 | 3.58 | 7.66 |
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.
Indicators | Pre-IPO | Post-IPO |
PE Ratio | 32.68 | 16.6 |
EPS | 3.06 | 6.02 |
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 Category | Shares Offered | Shares Subscribed | Subscription in Times |
Retail Investors | Yet to be announced | Yet to be announced | Yet to be announced |
QIB | Yet to be announced | Yet to be announced | Yet to be announced |
NII (sNII+bNII) | Yet to be announced | Yet to be announced | Yet to be announced |
Market Maker | 67200 | Yet to be announced | Yet to be announced |
Total | Yet to be announced | Yet to be announced | Yet 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 Ended | 31st October 2024 (in cr.) | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) | 31st March 2022 (in cr.) |
Assets | 33.35 | 20.68 | 15.25 | 13.06 |
Revenue | 68.97 | 64.63 | 45.23 | 33.48 |
Profit After Tax | 1.94 | 0.95 | 0.29 | 0.30 |
Debt | 12.86 | 11.17 | 5.22 | 6.51 |
Net Worth | 4.56 | 3.10 | 1.78 | 2.55 |
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 Category | Lots | Shares | Amount (in Rs) |
Retail (Minimum) | 1 | 1200 shares | ₹1,20,000 |
Retail (Maximum) | 1 | 1200 shares | ₹1,20,000 |
HNIs (Minimum) | 2 | 2400 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-Issue | 99.99% |
Share Holding Post-Issue | 72.09% |
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.
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