E-learning solution provider Infonative Solutions Limited is set to make its market debut with an initial public offering (IPO), valued at ₹24.71 crores, an entirely fresh issue of 31.28 lakh lakh shares. The subscription window opens on March 28, 2025, and draws to a close on April 3, 2025. Investors can track this company’s market journey as it prepares for its listing on the BSE SME platform, scheduled for Tuesday, April 8, 2025.
Infonative Solutions Limited presents a public offering, with equity shares of ₹1 face value being offered within a price band of ₹75 to ₹79 per share and a lot size of 1,600 shares. Interested retail investors can participate with a minimum investment of ₹1,20,000 to buy 1 lot, while High Net-worth Individuals (HNI) are invited to participate with a minimum subscription of ₹2,52,800 (2 lots). The company has planned a swift post-subscription timeline, with share allotment notifications slated for April 4, 2025, followed by its debut on the BSE SME platform on April 8 2025, 2025. As this biofuel producer embarks on its public market journey, investors stand at the cusp of an emerging opportunity in India's education technology sector.
Infonative Solutions Limited IPO is a fundraise worth ₹24.71 crores comprising purely of a fresh issue with 31.28 lakh shares reserved for the market maker Share India Securities Limited. Qualified Institutional Buyers are being offered not more than 50% of the net issue, retail investors are being offered not less than 35% of the net issue and Non-Institutional Investors (NIIs) / High Net-worth Individuals (HNIs) are being offered not less than 15% of the net issue. The IPO will be available for subscription from March 28, 2025, to April 3, 2025, providing an opportunity for investors looking to gain a stake in the education technology space.
| Infonative Solutions IPO date | March 28, 2025 - April 3, 2025 |
| Price band / Fixed price | ₹75 to ₹79 per share |
| Face value | ₹1 per share |
| Lot size | 1,600 shares |
| Issue type | Book Built Issue IPO |
| Fresh issue size | 31,28,000 shares amounting to ₹24.71 crores |
| Total issue size | 31,28,000 shares amounting to ₹24.71 crores |
| Listing at | BSE SME |
| Market maker portion | 1,56,800 shares - Share India Securities Ltd |
| Shareholding post-issue | 1,18,47,800 shares |
| Shareholding pre-issue | 87,19,800 shares |
The Infonative Solutions Limited IPO opens for subscription on March 28, 2025, and closes on April 3, 2025, with allotment scheduled forApril 4, 2025.
| IPO open date | March 28, 2025 (Friday) |
| IPO close date | April 3, 2025 (Thursday) |
| Basis of allotment | April 4, 2025 (Friday) |
| Initiation of refunds | April 7, 2025 (Monday) |
| Credit of shares to Demat account | April 7, 2025 (Monday) |
| Listing date on BSE SME | April 8, 2025 (Tuesday) |
| Cut-off time for UPI mandate confirmation | 5 PM on April 3, 2025 (Thursday) |
Founded in 2014, Infonative Solutions Ltd specializes in custom learning development solutions for both corporate and educational sectors. The company focuses on creating and designing e-learning content, offering cloud-based Learning Management Systems (LMS), and providing a range of related services tailored to diverse learning needs.
With expertise in instructional design, gamification, AR/VR-based content, and software simulations, the company delivers innovative e-learning solutions, including bespoke courseware and consulting. Serving Fortune 500 companies, Big 4 consulting firms, IT/ITES businesses, and government agencies, Infonative Solutions caters to industries such as BFSI, consulting, and FMCG, ensuring cutting-edge learning experiences.
The net proceeds from Infonative Solutions' IPO will be utilized for developing new products, courses, and LMS features, along with the purchase of laptops. Additionally, a portion of the funds will be allocated to meeting working capital needs, as well as for general corporate purposes and potential future acquisitions.
As of March 31, 2024, the key performance indicators reflect the company's financial health with a Return on Equity of 15.46%, Return on Capital Employed (ROCE) at 18.60% and a Debt-to-Equity ratio of 0.19. The Return on Net-Worth (RoNW) stands at 15.46%, and the PAT Margin was 8.20%. The company’s market capitalisation is ₹93.60 crores.
| Period Ended | September 30, 2024 | March 31, 2024 | March 31, 2023 | March 31, 2022 |
| Revenue | 11.42 | 18.08 | 20.95 | 18.63 |
| Assets | 18.20 | 14.37 | 13.53 | 10.54 |
| Net Worth | 13.75 | 10.11 | 8.66 | 7.59 |
| Profit After Tax | 3.64 | 1.45 | 1.07 | 2.23 |
| Reserves & Surplus | 12.88 | 9.23 | 8.51 | 7.44 |
| Total Borrowing | 1.71 | 1.97 | 2.49 | 0.46 |
Amount in ₹ crores
The pre-IPO EPS is at ₹1.66 while the post-IPO EPS will be ₹6.15. Similarly, the pre-IPO Price to Earnings ratio is 47.5 and will become 12.84 post-IPO.
The company demonstrates significant strengths through its diversified product portfolio of bio-diesel products and by-products, serving various industries from its well-established facility in Rajasthan. The operation boasts high production efficiency and scalability, while its sustainability-focused approach, particularly in utilising waste materials like used cooking oil, underscores its commitment to environmental responsibility. These operational advantages are complemented by a strong financial foundation, evidenced by rising revenue and profitability that demonstrate market competitiveness.
Further bolstering its position is the experienced leadership team of promoters who bring extensive expertise in the biodiesel and renewable energy sector, providing strategic direction and fostering growth. The company has successfully built long-standing customer relationships, ensuring consistent demand and product trust. Their efficient operations, supported by a capable team and advanced infrastructure, maintain high-quality production standards and optimised efficiency levels.
On the challenges front, the company faces significant regulatory dependencies, with its performance closely tied to government policies and regulations in the biofuel sector. Raw material volatility presents another major concern, as fluctuations in the availability and pricing of materials like used cooking oil can substantially impact production costs. The competitive nature of the biofuel market necessitates continuous innovation and cost efficiency to maintain market position, while operational risks such as production or distribution delays could affect short-term revenue and profitability.
Additionally, the company's heavy dependence on government policies means that regulatory changes or compliance failures could significantly impact operations and financial performance. The ongoing need to obtain, renew, and maintain various permits and licences poses operational risks, while market resistance to transitioning from conventional fossil fuels to biodiesel presents a challenge to market expansion. These factors collectively create a complex operating environment that requires careful management and strategic planning.
Investing early in Infonative Solutions Limited offers a chance to be part of its growth journey in the education technology sector. However, potential investors should carefully evaluate factors such as the company’s track record, financial health, industry landscape, and strategic direction while aligning their investment goals and risk tolerance. Reviewing the offer document and seeking professional advice can help in making an informed decision about this IPO.
What is the Infonative Solutions Limited IPO?
The Infonative Solutions Limited IPO is an BSE SME offering consisting of 31.28 lakh equity shares with a face value of ₹10, aiming to raise ₹24.71 crores. The price band has been set between ₹75 to ₹79 per share, with a minimum order quantity of 1,600 shares. This IPO will be open for subscription from March 28, 2025, to April 3, 2025. Share India Capital Services Private Limited is the book-running lead manager, Kfin Technologies Limited is the registrar while Share India Securities Limited is the market maker.
When will the Infonative Solutions IPO open?
The Infonative Solutions Limited IPO will open for subscription on March 28, 2025, and will close on April 3, 2025.
When is the Infonative Solutions IPO listing date?
The tentative listing date for the Infonative Solutions Limited IPO is Tuesday, April 8, 2025.
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