Infollion Research Services IPO Particulars & Guidance at Chanakyanipothi.com,
    the Oldest & the most Trusted Investment Website in India for coming up IPOs. Operational since 8th December 1999, this is the Only Investment Platform in India, which has successfully completed 23 Years.
    Infollion Research Services IPO particulars & Guidance

    Infollion Research Services IPO Review:
    Good revevenues and profits. Steady rise. Very reasonable valuation. From Fundamental angle, you may apply. Grey market Subject to rates also suggest fancy at this point of time.

     

    What is the GMP of Infollion Research Services IPO? 
    Prior to listing
    GMP:  Rs.101
    Kostak/Fix Rs. 0
    Allotted Applications Rs. 120000
    Listed at Rs. 209

    Infollion Research Services IPO Subscription Status

    On 31 May 2023 @ 5.00 (Closed)
    QIB:     483200    Shares 70.72 T
    NII:      537600    Shares 422.34 T
    RII:      870400    Shares 262.74 T
    Total:   1891200 Shares 259.05T

     

    Infollion Research Services IPO Particulars & Guidance:
    About the business

    The Company’s website www.infollion.com is its tech-oriented platform and all its Services are
    rendered to this platform along with the on boarding of the experts who provide services that fulfil
    the needs of its clients. The company is a tech-oriented marketplace, operating in the B2B Human
    Cloud segment, catering to on-demand contingent hiring and work arrangements with senior
    management talent, subject matter experts, and high-ranking, seasoned professionals. It provides a
    platform for workers or knowledge providers (gig workers) and employers or knowledge seekers to
    connect and find synergetic outcomes. Its key clients include top-tier Global Management Consulting
    firms, renowned Private Equity funds, Hedge funds, and mid-tier Corporates.

    Its proprietary technology stack and research capabilities empower it to assist its clients in connecting with custom curated, precise, and vetted subject matter experts. It operates in the premium segment of the gig economy and is one of the enablers of contingent hiring, temporary workforce management,
    contracting SOW-employees, high-level independent consultations, knowledge tours, and more. It
    caters to global hiring requirements for its domestic and international clients. Its mission is to
    become the largest paymaster of senior management talent in every geography it operates.

    Get more information about the company @ http://www.infollion.com/

    Infollion Research Services IPO IPO Details
    IPO opens on Tentative 29 May 2023
    IPO closes on  31 May 2023
    Issue Type Book Built Issue IPO
    Issue Size 2616000 Sh /Rs 21.45 Cr
    * Fresh Issue 2224000 Sh /Rs 18.24 Cr
    * Offer for Sale  392000 Sh /Rs 3.21 Cr
       
    Face Value per share: Rs. 10
       
    Price Band Rs.80-82
    Employee discount  Rs. 0 per share
    Retail Lot Size  1600 Shares
    Listing will at  NSE Sme
    Shares offered to
      Shares Rs. (Cr)
    QIB   1208077 9.90
    NII  404762 3.32
    RII  870361 7.14
    Total Shares  2483200 20.36
    Retail portion will be oversubscribed by  544
    Forms
    How much Shares to Apply in Infollion Research Services IPO?
    Min Retail Application 1600 Sh Rs. 131200
    Min HNI Application  3200 Sh Rs. 262400

    Who are the Promoters of Infollion Research Services IPO?
    Mr. Gaurav Munjal

    What are the Objects of Infollion Research Services IPO?
    The Company proposes to utilize the Net Proceeds from the Issue
    1) Expansion of current service line in the US and Western European regions
    2) Pex-Panel- Adding new categories of freelancers
    3) Technology Development

    IPO Tentative timetable
    IPO opens on 29 May 2023
    IPO Closes on 31 May 2023
    IPO Allotment on  5 June 2023
    Unblocking of ASBA  6 June 2023
    Credit of Shares 7 June 2023
    Listing on 8 June 2023
    Registered Office of the Company
    80/28,
    Malviya Nagar, New Delhi – 110017
     Who are the Lead Managers of Infollion Research Services IPO?
    Holani Consultants Pvt ltd
    Who is the Registrar to IPO?
    Link Intime India Pvt Ltd
    IPO Financial & Analytical Ratios
    Year Total Income Net Profit EPS RoE
      Rs.in Cr Rs.in Cr Rs. %
    2020-21 16.06 2.08 2.78 34.69
    2021-22 22.20 3.41 4.56 39.03
    2022-23  35.30 5.58 7.74 42.20
    Book Value of the Share on 31.03.2023 Rs.21.44    
    Book Value of the Share after the IPO Rs.-    
    Offer Price   Rs. 82    
    Infollion Research Services
    Key Performance indicators
    Upper Price/last EPS 14.70
    Upper price/BV Ratio 3.82
    Upper price/BV after IPO 

    IPO Particulars & Guidance
    Peer Comparison: 
    There are no listed companies in India that engage in a business similar to that of this Company. Accordingly, it is not possible to provide an industry comparison in relation to the Company.

     

    # This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

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