Integrity Infrabuild Developers Ltd IPO
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Integrity Infrabuild Developers Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 12 L | TBA | ₹ 5.66 L | ₹ 31 L | NSE | TBA |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 13 May, 25 | 15 May, 25 | 1200 | TBA | Fixed Price - SME | 20 May, 25 |
Integrity Infrabuild Developers Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Construction |
| Sub Sector | NA |
| Issue Type | Fixed Price - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 0 |
| NII | 2.21x | 566400 | 1250400 |
| Retail | 2.26x | 566400 | 1278000 |
| Employee | 0x | 0 | 0 |
| Total | 2.11x | 1200000 | 2528400 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Integrity Infrabuild Developers Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 3.76 | 3.18 | 2.16 |
| EBITDA | 5.58 | 4.88 | 3.89 |
| PAT | 1.46 | 0.95 | 0.29 |
| Total Assets | 14.68 | 9.06 | 9.27 |
| Share Capital | 3.10 | 3.10 | 1.78 |
| Total Borrowings | 21.27 | 16.25 | 11.75 |
| Operating Activities (Net Cash) | 3.28 | 2.65 | 2.02 |
| Investing Activities (Net Cash) | 0.01 | 0.01 | 0.01 |
| Financing Activities (Net Cash) | 21.27 | 16.25 | 11.75 |
| Net Cashflow | 0.55 | 1.40 | 2.06 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Integrity Infrabuild Developers Ltd
Our Company was originally formed as a partnership firm under the Indian Partnership Act, 1932 (Partnership Act) in the name and style of Dipak J. Gandhi, pursuant to Deed of Partnership dated January 04, 2017. Vide subsequent Partnership Deeds, while certain partners were introduced in order to raise capital or to obtain their industry expertise, some of them retired at will and the name of the Partnership was changed. The last Partnership Deed dated November 11, 2023 in the name of Integrity Infrabuild as amended and supplemented from time to time, was made amongst the Erstwhile Partners. Subsequently, our Company was converted from a Partnership Firm to a Limited company under Chapter XXI of the Companies Act, 2013 with the name and style of Integrity Infrabuild Developers Limited and received a Certificate of Incorporation from the Registrar of Companies, Central Registration Centre dated June 01, 2024. The Corporate Identification Number of our Company is U42101GJ2024PLC152080.
We are Engaged in Construction Industry.
We are an integrated Civil Contract Company registered as a Class-A contractor with the Government of Gujarat. Our company specializes in contracting and sub-contracting services for various government projects, including road construction, building, and bridge construction.
Peer Comparison:
- Udayshivakumar Infra Ltd
- V R Infraspace Ltd
Integrity Infrabuild Developers Ltd IPO Key Points
Strengths
- Focused on Roads, Buildings and Bridge construction.
- Strong project management capabilities with industry experience.
- Visible growth through a robust order book.
- Strong Financial Performance.
- Technical Capabilities and Resources.
Risk
- Its Entire business is concentrated in the state of Gujarat. The company is primarily dependent on the projects undertaken or awarded in the state of Gujarat by the Gujarat State Government, the local authorities in the state of Gujarat and other entities funded by the Gujarat State Government. Therefore, the company derives its' entire revenues from contracts with government entities and are exposed to risks emanating from economic regulatory and other changes in the State of Gujarat. Any adverse changes in the central or state government policies may lead to its contracts being foreclosed, terminated, restructured or renegotiated, which may have a material effect on its business and results of operations.
- Substantial portion of its revenues has been dependent upon the company few clients. The loss of any one or more of its major clients would have a material adverse effect on the company business operations and profitability.
- Projects included in its on-going and the company future projects are exposed to various implementation risks & uncertainties and may be delayed, modified or cancelled for reasons beyond its control which may materially and adversely affect the company business, prospects, reputation, profitability, financial condition and results of operation.
Strategy
- Augment our financial strength to ensure we are able to grow the scale of operations.
- Increase our competitiveness through continuous focus on Government and Semi-Government projects for our Civil Contract Business.
- Maintaining Focus on Timely Delivery and Quality Execution.
- Focused on Roads, Buildings and Bridge construction.
- Strong project management capabilities with industry experience.
- Visible growth through a robust order book.
- Strong Financial Performance.
- Technical Capabilities and Resources.
How To Apply for Integrity Infrabuild Developers Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
