Indifra Limited IPO
Indifra Limited was a SME IPO in the Gas Transmission/Marketing sector, offered at ₹65–₹65 per share to raise ₹14 crore. It listed on 29 Dec 2023 at ₹72 and closed its first day at ₹68, a listing gain of +5.2% versus the ₹65 issue price. It now trades around ₹11 (-83.4% versus the issue price).
Frequently asked questions
- What were the Indifra Limited IPO listing gains?
- Indifra Limited listed on 29 Dec 2023 at ₹72, closing its first day at ₹68 — a listing gain of +5.2% versus the ₹65 issue price.
- What was the price band and lot size of the Indifra Limited IPO?
- The price band was ₹65–₹65 per share, with a minimum lot of 2,000 shares (₹1,30,000 at the upper band).
- Who were the registrar and lead manager for the Indifra Limited IPO?
- Kfin Technologies Limited was the registrar, and Beeline Capital Advisors was the book-running lead manager.