Integrity Infrabuild Developers IPO
GMP, Subscription, Price, Dates & Financial Details
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,…
Open Date
Tue, 13 May 2025
Close Date
Thu, 15 May 2025
Issue Price
₹ 100
Lot Size
1200
Issue Size
₹ 12.00 Cr
Minimum Investment
₹ 240,000 (2400 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Integrity Infrabuild Developers IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a fixed price issue with a total issue size of ₹12.00 Crore, comprising a fresh issue of 12.00 Lakh equity shares aggregating to ₹12.00 Crore.
The Integrity Infrabuild Developers IPO remained open for subscription from May 13, 2025, to May 15, 2025. The basis of allotment was finalized on May 16, 2025, and the company's shares were listed on NSE SME Platform on May 20, 2025.
The company had fixed the price at ₹100 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹240,000 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. Aryaman Financial Services Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Integrity Infrabuild Developers Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Integrity Infrabuild Developers IPO Timeline (Tentative)
- IPO Open Date
- Tue, 13 May 25
- IPO Close Date
- Thu, 15 May 25
- Basis of Allotment
- Fri, 16 May 25
- Initiation of Refunds
- Mon, 19 May 25
- Credit of Shares to Demat
- Mon, 19 May 25
- Listing Date
- Tue, 20 May 25 — NSE & BSE
Open Date
13 May 2025
Close Date
15 May 2025
Basis Of Allotment
16 May 2025
Listing Date
20 May 2025
IPO Subscription
Check Live Subscription →The Integrity Infrabuild Developers IPO has received bids for 25,28,400 shares against 11,32,800 shares offered, resulting in an overall subscription of 2.23x. the NII category is subscribed 2.21x, Retail Investors 2.26x, and QIBs 0x.
QIB
0x
NII
2.21x
RII
2.26x
Total
2.23x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 5,66,400 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (%), while Non-Institutional Investors (NIIs) receive 5,66,400 shares (50%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Non-Institutional | 566,400 | 50% |
| Retail Investors | 566,400 | 50% |
| Total | 1,132,800 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Integrity Infrabuild Developers Limited KPI Information
| Particular | KPI as of Sun, Mar 31, 2024. |
|---|---|
| ROE % | 30.6 |
| ROCE % | 13.14 |
| Debt / Equity | 3.71 |
| RoNW % | 30.6 |
| Pat Margin % | 1.47 |
Peers Comparison
No Peer Comparision Available
About Integrity Infrabuild Developers Limited
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.
Integrity Infrabuild Developers IPO Promoters
- Keyurkumar Sheth
- Rajendrakumar Sheth
- Disha Keyurkumar Sheth
Promoters Holding
Holding Pre Issue
99.99%
Holding Post Issue
72.09%
Integrity Infrabuild Developers IPO Objective
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
Integrity Infrabuild Developers Limited Address / Contact Details
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
Integrity Infrabuild Developers IPO Lot Size
The Integrity Infrabuild Developers IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹1,20,000 by applying for 1 lot (1,200 shares). The maximum application allowed for the retail category is 1 lots (1,200 shares), requiring an investment of ₹1,20,000.
| 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 |
Issue Reservation
- NII — 50%
- RII — 50%
Integrity Infrabuild Developers IPO Registrar
MUFG Intime India Private Limited
Check Allotment StatusBook Running Lead Managers
- Aryaman Financial Services Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Integrity Infrabuild Developers IPO?
Integrity Infrabuild Developers IPO is a Fixed price IPO with a total issue size of ₹12 crore. The Integrity Infrabuild Developers IPO price band is ₹100 to 100 per share. The Integrity Infrabuild Developers IPO subscription opens on Tue, May 13, 2025, and closes on Thu, May 15, 2025. The Integrity Infrabuild Developers IPO will be listed on the NSE. MUFG Intime India Private Limited is the registrar for the Integrity Infrabuild Developers IPO.
When will the Integrity Infrabuild Developers IPO open for subscription?
The Integrity Infrabuild Developers IPO opens on Tue, May 13, 2025 and closes on Thu, May 15, 2025
What is Integrity Infrabuild Developers IPO Price Band?
Integrity Infrabuild Developers IPO Price Band is ₹100 to 100 per share.
What is Integrity Infrabuild Developers IPO Lot Size?
Integrity Infrabuild Developers IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹240000 based on the upper price band
What is the minimum investment for Integrity Infrabuild Developers IPO?
The minimum investment for Integrity Infrabuild Developers IPO is ₹240000, based on one lot of 1200 shares at the upper price band of ₹100 per share.
How to apply for Integrity Infrabuild Developers IPO?
Investors can apply for the Integrity Infrabuild Developers IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, May 15, 2025. The application amount remains blocked until the Integrity Infrabuild Developers IPO allotment is finalized.
What is Integrity Infrabuild Developers IPO Issue Size?
Integrity Infrabuild Developers IPO issue size is ₹12 crores.
What is the Integrity Infrabuild Developers IPO Allotment Date?
Integrity Infrabuild Developers IPO allotment date is Fri, May 16, 2025.
Who is the Integrity Infrabuild Developers IPO Registrar?
The registrar for Integrity Infrabuild Developers IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Integrity Infrabuild Developers IPO allotment status, refund processing, and other IPO-related information.
Who is the Integrity Infrabuild Developers IPO Lead Manager?
The book-running lead managers (BRLMs) for the Integrity Infrabuild Developers IPO are Aryaman Financial Services Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Integrity Infrabuild Developers IPO Red Herring Prospectus (RHP).