Integrity Infrabuild Developers Limited (NSE SME)
May 13, 2025 – May 15, 2025
| Price | ₹100 - ₹100 |
| Premium | ₹0 |
|---|---|
| Lot size | 1200 |
| Allotment | May 16, 2025 |
| Listing | May 20, 2025 |
Subscription
Last updated on 14-May-2025 08:15:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| NIB | 566400 | 397200 | 0.7 |
| RETAIL | 566400 | 338400 | 0.6 |
| Total | 1132800 | 735600 | 0.65 |
| Application Wise Breakup | |
|---|---|
| Category | App. Received |
| NIB | 23 |
| RETAIL | 282 |
| Total | 305 |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| NIB | 5.66 | 3.3 | 0.58 |
| RETAIL | 5.66 | 3.38 | 0.6 |
| Total | 11.33 | 6.68 | 0.59 |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.1 | @8% ₹0.1 | @9% ₹0.1 | @10% ₹0.1 | @11% ₹0.1 | @12% ₹0.1 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1200 | 120000 | 472 |
| HNI | 2 | 2400 | 240000 | 472 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 47.2% | 566400 |
| Other | 47.2% | 566400 |
| Market Maker | 5.6% | 67200 |
| Total No. of Shares | 100.0% | 1200000 |
Integrity Infrabuild Developers IPO Details
| Issue Size | 12,00,000 shares (aggregating up to ₹12.00 Cr) |
| Fresh Issue | 12,00,000 shares (aggregating up to ₹12.00 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 31,00,000 shares |
| Share Holding Post Issue | 43,00,000 shares |
| Market Maker Portion | 67,200 shares |
| Market Mker | Aryaman Capital |
Key Performance Indicator (KPI)
| KPI | Dec-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 42.64% | 30.60% | 16.51% |
| ROCE | 18.70% | 13.14% | 12.80% |
| RONW | 42.64% | 30.60% | 16.51% |
| EPS (basic) | 6.27 | 3.06 | 0.95 |
| P/E Pre IPO | 32.68 | ||
| P/E Post IPO | 16.6 |
Company Financials In Crores
| Period Ended | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Assets | 33.4 | 20.7 | 15.3 | 13.1 |
| Revenue | 69.0 | 64.6 | 45.2 | 33.5 |
| Profit After Tax | 1.9 | 1.0 | 0.3 | 0.3 |
| Net Worth | 4.6 | 3.1 | 1.8 | 2.6 |
| Reserves and Surplus | 1.5 | 0.0 | 0.0 | 0.0 |
| Total Borrowing | 12.9 | 11.2 | 5.2 | 6.5 |
Company Overview
Name: Integrity Infrabuild Developers Limited
Founded: 2017
Headquarters: Gujarat, India
Industry: Civil Construction (Government Contracts)
Registration: Class-A Contractor (Govt. of Gujarat)
Employee Strength: 53 (as of March 31, 2025)
Business Model & Operations
Core Activity:
Government Civil Contractor: Specializes in infrastructure projects for Gujarat state.
Subcontracting: Partners with smaller firms to scale operations.
Order Book (as of March 31, 2025):
Total Ongoing Contracts: ₹20,598 lakhs
Executed: ₹4,291 lakhs (20.8%)
Pending (Order Book): ₹16,307 lakhs (79.2%)
Strength
Specialization in Core Segments: Focused expertise in roads, buildings, and bridge construction ensures technical proficiency and operational efficiency.
Proven Project Execution: Strong project management backed by extensive industry experience enables timely and quality delivery.
Robust Order Book: Consistent growth visibility supported by a healthy and diversified order pipeline.
Weakness
Geographical Dependency: Entire business is concentrated in Gujarat, making it vulnerable to regional policy, economic, and regulatory changes.
Client Concentration: Major revenue comes from a few government clients—loss of any could significantly impact operations and profitability.
Lead Manager(s)
Address
Office No-02, Indiabulls
Mega Mall,
Jetalpur Road, Akota
Phone: +91 87340 92229
Email: info@integrityinfrabuild.com
Website: https://integrityinfrabuild.com/