June 8, 2023
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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 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? Click for latest GMP
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.
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