Integrity Infrabuild Developers IPO
Open SmeCurrent GMP
₹0 (0.00%)
Price Band
₹ 100 – 100
Lot Size
1200
Issue Size
₹12 Cr
Minimum Investment
₹240000 (2400 Shares)
Listing Date
20 May 2025
Subscription
2.23x
About the Company
Integrity Infrabuild Developers Limited is a Class-A registered civil contracting company, active since August 24, 2018, and renewed as of June 29, 2024, with the Government of Gujarat. The company specializes in civil infrastructure services including road, bridge, and building construction, primarily for government and semi-government projects. Though experienced in subcontracting processes, the firm has executed 111 projects (103 roads and 8 buildings) since FY 2021-22—all directly contracted by Gujarat government bodies, not through subcontracting.
Their operations are categorized into three main sectors:
- roads
- bridges
- building construction.
Promoters
- Keyurkumar Sheth
- Rajendrakumar Sheth
- Disha Keyurkumar Sheth
Promoters Holding
Holding Pre Issue
99.99%
Holding Post Issue
72.09%
Objects of the Issue
The Company proposes to utilize the Net Proceeds from Issue towards funding the following objects (collectively,
referred to herein as the ―Objects
1. Capital Expenditure toward purchase of Machinery and Equipments
2. Funding Working capital requirements
3. General Corporate Purpose
Address / Contact Info
Integrity Infrabuild Developers Limited
Office No-02, Indiabulls, Mega Mall,
Jetalpur Road, Akota,
Vadodara,Gujarat 390020
Phone: +91 87340 92229
Email: info@integrityinfrabuild.com
Website: https://integrityinfrabuild.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 13 May 2025
IPO Close Date
Thursday, 15 May 2025
Basis of Allotment
Friday, 16 May 2025
Initiation of Refunds
Monday, 19 May 2025
Credit of Shares to Demat
Monday, 19 May 2025
Listing Date
Tuesday, 20 May 2025 — NSE & BSE
Important Dates
Open Date
13 May 2025
Close Date
15 May 2025
Basis Of Allotment
16 May 2025
Listing Date
20 May 2025
Financial Performance (₹ in Crores)
| Particular | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| 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 | 0.3 |
| Net Worth | 4.56 | 3.1 | 1.78 | 2.55 |
| Reserve & Surplus | 1.46 | 0 | 0 | 0 |
| Total Borrowings | 12.86 | 11.17 | 5.22 | 6.51 |
EPS Pre
3.06%
EPS Post
6.02%
P/E Pre
32.68
P/E (Post Issue)
16.60x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Sun, Mar 31, 2024. |
|---|---|
| ROE % | 30.6 |
| ROCE % | 13.14 |
| Debt / Equity | 3.71 |
| RoNW % | 30.6 |
| PbW | 0 |
| Pat Margin % | 1.47 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Non-Institutional | 566400 | 50 | 0 |
| Retail Investors | 566400 | 50 | 0 |
| Total | 1132800 | 100 | 0 |
Subscription Status ( Thu, 15 May 25 01:37 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 0 | 0 | 0x |
| Non-Institutional | 566400 | 1250400 | 2.21x |
| Retail Investors | 566400 | 1278000 | 2.26x |
| Total | 1132800 | 2528400 | 2.23x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 120,000.00 |
| Retail (Max) | 1 | 1,200 | 120,000.00 |
| S-HNI (Min) | 2 | 2,400 | 240,000.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Aryaman Financial Services Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Integrity Infrabuild Developers IPO is a Fixed price IPO worth ₹12 crores. The price band is ₹100 to 100 per share. The IPO opens on Tue, May 13, 2025 and closes on Thu, May 15, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Integrity Infrabuild Developers IPO opens on Tue, May 13, 2025 and closes on Thu, May 15, 2025
Integrity Infrabuild Developers IPO Price Band is ₹100 to 100.
Integrity Infrabuild Developers IPO lot size is 1200, and the minimum amount required for application is ₹240000.
The minimum investment for Integrity Infrabuild Developers IPO is approximately ₹240000 based on the upper price band.
To apply for the Integrity Infrabuild Developers IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, May 15, 2025. After submission, funds are blocked until the basis of allotment of Integrity Infrabuild Developers IPO is finalised.
Integrity Infrabuild Developers IPO issue size is ₹12 crores.
Integrity Infrabuild Developers IPO allotment date is Sat, Jun 27, 2026.
The registrar for Integrity Infrabuild Developers IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Integrity Infrabuild Developers IPO through their official website or helpline.