Infurnia Holdings Limited IPO Review, GMP, Subscription Status and Allotment

Infurnia Holdings Limited IPO Allotment, Refund and Listing Date

Infurnia Holdings Limited IPO Opening DateSeptember 6, 2022
Infurnia Holdings Limited IPO Closing DateSeptember 9, 2022
Basis of AllotmentSeptember 14, 2022
Initiation of RefundsSeptember 15, 2022
Credit of Shares to DematSeptember 16, 2022
Infurnia Holdings Limited IPO Listing DateSeptember 19, 2022

Infurnia Holdings Limited IPO Details

Infurnia Holdings Limited IPO Price BandRs.10 Per Equity Share
IPO Lot SizeMinimum 10000 shares for 1 lot
Minimum AmountRs.1,00,000 for 1 lot
IPO SizeApprox. Rs.38.20 Crores
Listing AtBSE, NSE
Offer for Sale38,200,000 Equity Shares
Retail Quota:50%
QIB Quota:
NII Quota:50%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

Infurnia Holdings Limited IPO GMP (Grey Market Premium)

DateGMPKostakSubject to
5 September

Infurnia Holdings Limited IPO Subscription Status Live

Investor CategorySubscription (times)
Qualified Institutions
Non-Institutional Buyers
Retail Investors
Employees
Others
Total

Infurnia Holdings Limited IPO Subscription Details (times)

Will be updated on 06 September 2022.

Infurnia Holdings Limited Financial Report

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-20181.552.42-205.7299.1690.41
31-Mar-21390.2326.39-265.04332.5323.17
31-Mar-22589.1713.71-277.15529.55-524.92

Infurnia Holdings Limited IPO Valuation – FY2022

 Earning Per Share (EPS): Rs.0.26 per Equity Share
 Price/Earning P/E Ratio:N/A
 Return on Net Worth (RoNW): 52.34%
 Net Asset Value (NAV):Rs.0.50 per Equity Share

Infurnia Holdings Limited IPO Review

What our Expert say about Infurnia Holdings Limited IPO ReviewAvoid

Objects of the Issue

  • Investment in our wholly owned Subsidiary Company for expansion of business.
  • To meet the Issue Expenses.
  • General Corporate Purpose.

Infurnia Holdings Limited IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: http://www.bigshareonline.com

Peer Group

  • N/A

Company Promoters

  • Mr. Nikhil Kumar
  • Mr. Lovepreet Mann

Company Address

Infurnia Holdings Limited

2 nd Floor, No. 343,

1st B Main 7th Block, Koramangala Layout,

Bengaluru-560095

Phone: +91 95137 66606

Email: info@infurnia.com

Website: http://www.infurnia.com/

About Infurnia Holdings Limited IPO

Infurnia Holdings has set its date for its initial public offering, with an opening date of 6 September, closing on 9 September 2022. Infurnia Holdings IPO price band is fixed at Rs10 at a 20000 stock market lot. 

Infurnia Holdings Limited is a software firm that develops and provides architectural and interior design software services. Infurnia is a cloud-native architectural software which allows clients to seamlessly incorporate BIM into their designs, easily collaborate between functions, and effectively manage their data. 

Infurnia released their first product in 2015, which was a 3D online wardrobe configuration tool. They started offering modular kitchen designs, but only in the Cuboid Room, in 2016. It is sold door-to-door at around 30 modular kitchen shops across Indias 8 biggest metro cities. The softwares capabilities were expanded to designing multi-floor apartments, with stairs, etc.

They had a robust technology team which provided multi-platform technologies for their clients. You can check the subscription status of Infurnia Holdings IPO and the allocation status of Infurnia Holdings IPO at the relevant pages. Incorporated in 2014, Infurnia Holdings Limited is a company that provides architectural and interior design software. The company owns, develops, and operates a cloud-based platform which allows professionals to design buildings, interiors, and modular kitchens.

BSEs startup platform provides a welcoming environment to entrepreneurs and investors by enabling listing of small and medium-sized enterprises that are emerging from the fragmented, unorganised sectors in India in the regulated, organized sector. BSE Ltd has established BSE Startups Platform in accordance with rules and regulations laid down by SEBI. 

Infurnias first product was launched in 2015, which was a 3D online wardrobe configuration tool. In 2016, Infurnia started offering modular kitchen designs, but within the Cuboid Room Only. The solution was sold door-to-door at around 30 modular kitchen shops across 8 major Indian metro cities. 

In 2018, the softwares capabilities were further expanded to designing multi-floor apartments, with stairs, etc. Infurnia was no longer just an application for interior design, architectural design for buildings could be done as well.

A solid team with a lot of experience in the technology. Software focused on the cloud first approach and collaboration. Modern, data-first, API-first solutions, not file-based solutions. Infurnia Holdings will have an IPO opening date of Sept. 6, 2022, closing date of Sept. 9, 2022. 

The company has fixed the pricing for this IPO at Rs10 at its Face Value of Rs1. The company will raise Rs38.20 Crores via this IPO on the basis of a 38,200,000 equity shares issue. And, the offering is 100% fixed price issuance. You can check out Infurnia Holdings IPO GMP here, Infurnia Holdings IPO Subscription Status here. Infurnia Holdings Limited is a software firm in the field of Architecture & Interior Design.

The company develops and operates a cloud-based platform, which allows professionals to design buildings, interiors, and modular kitchens. The company designs entire floors of any shape of rooms, has countless doors, windows, columns, beams, balcony railings, and more. The applications are not more restricted to modular kitchen designs, but bedrooms, lounges, etc can also be designed. Infurnia had also built out a cloud-based rendering engine that used Blenders Cycles Engine on the backend. The companys design software includes: floor plan design, building information modeling design in 3D, elevation drawings, photorealistic rendering, design documentation, a robust price quote form, design version control, and design branching, and provides a robust administration portal alongside with its main design software, among others.

Infurnia believes the future of the design industry lies with cloud-based platforms. Taking advantage of improved web technologies and digital infrastructure, Infurnia brings the full benefits of cloud-based platforms to the design industry, with disruptive pricing. Infurnias goal is to build a seamless, user-friendly design platform for the architecture and interior design ecosystem. It is working towards the first fully parametric BIM (Building Information Modeling) design software in the cloud. 

Infurnia Holdings Limited IPO FAQ

When Infurnia Holdings IPO will open?

Infurnia Holdings IPO will open from September 6, 2022.

What is Infurnia Holdings IPO Size?

Infurnia Holdings IPO size is ₹38.20 Crores.

What is Infurnia Holdings IPO Price Band?

Infurnia Holdings IPO Price Band is ₹10 Per share.

What is Infurnia Holdings IPO Allotment Date?

Infurnia Holdings IPO allotment date is September 14, 2022.

What is Infurnia Holdings IPO Listing Date?

Infurnia Holdings IPO Listing Date is September 19, 2022.

How to apply in Infurnia Holdings IPO through Zerodha?

Visit the Zerodha website and login to Console. Then go to “Portfolio” section and click on IPO’s link. Go to the ‘Infurnia Holdings IPO’ row and click the ‘Bid’ button.
Now enter your UPI ID, Quantity, and Price. Then click on ‘Submit’ button. Visit the UPI App to approve the mandate.

What is Infurnia Holdings Limited IPO Closing Date?

Infurnia Holdings Limited IPO Closing Date is September 9, 2022.

When will Shares of Infurnia Holdings Limited credited to Demat Account?

Shares of Infurnia Holdings Limited will be credited to Demat Account on September 16, 2022.

Shall I subscribe to Infurnia Holdings Limited IPO or Avoid?

You should avoid Infurnia Holdings Limited IPO.

What is the objective of the issue of Infurnia Holdings Limited IPO?

Objects of the Issue of Infurnia Holdings Limited IPO is as listed below.
(1) Investment in our wholly owned Subsidiary Company for expansion of business.
(2) To meet the Issue Expenses.
(3) General Corporate Purpose.

Who is Infurnia Holdings Limited IPO Registrar?

Infurnia Holdings Limited IPO Registrar is Bigshare Services Pvt Ltd.

Who are Company Promoters of Infurnia Holdings Limited?

Mr. Nikhil Kumar and Mr. Lovepreet Mann are Company Promoters of Infurnia Holdings Limited.

Similar Posts