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Infollion Research Services IPO

  • Status: Closed
  • RHP:
  • ₹ 128,000 / 1600 shares

    Minimum Investment

IPO Details

  • Open Date

    29 May 2023

  • Close Date

    31 May 2023

  • IPO Price Range

    ₹ 80 to ₹ 82 per share

  • IPO Size

    ₹ 21.45 Cr

  • Listing Exchange

    NSE SME

  • Listing Date

    08 Jun 2023

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Timeline Subscription Status Objective Financials SWOT FAQ Contacts

IPO Timeline

Infollion Research Services IPO Subscription Status

Last Updated: 03 January 2024 8:57 PM by 5Paisa

Infollion Research Services Ltd is a tech-oriented marketplace its IPO opens on 29th May and closes on 31st May. 

The issue consists of a fresh issue of 2,224,000 shares. The price band for the issue is fixed at Rs.80 to Rs.82 per share.  The lot size is set for 1600 shares per lot. The shares will be allotted on the 5th of June and the issue will be listed on the 8th of June on the stock exchanges. 

The book running lead managers to the offer is Holani Consultants Private Limited.

Objective of Infollion Research Services

The Company proposes to utilize the funds which are being raised through the Fresh Issue towards funding the following objects:

1.    Expansion of current service line in the US and Western European regions
2.    Pex-Panel- Adding new categories of freelancers
3.    Technology Development
4.    General Corporate Purposes
 

Infollion Research Services Limited is a tech-oriented marketplace. They are operating in the B2B Human Cloud segment, catering to on-demand contingent hiring and work arrangements with senior management talent, subject matter experts, and high-ranking, seasoned professionals.

In this highly dynamic and ever-evolving world, Infollion is providing a platform for workers or knowledge providers (gig workers) and employers or knowledge seekers to connect and find synergetic outcomes

The client base of Infollion Research includes top-tier Global Management Consulting firms, Hedge funds, Private Equity funds, and mid-tier Corporates.

For More Information:

Infollion Research Services IPO GMP
Webstory on Infollion Research Services IPO

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY22 FY21 FY20
Revenue 2198.46 1597.01 1285.84
EBITDA 442.59 271.53 268.51
PAT 340.66 207.65 213.63
Particulars (in Rs. Crores) FY22 FY21 FY20
Total Assets 1,181.32 848.74 630.30
Share Capital 1.49 1.49 1.49
Total Borrowings - - -
Particulars (in Rs. Crores) FY22 FY21 FY20
Net cash generated from / (used in) operating activities 51.70 187.79 72.46
Net cash from / (used in) investing activities 7.22 6.25 5.32
Net cash flow from / (used in) financing activities - - -
Net increase (decrease) in cash and cash equivalents 58.92 194.04 77.78


Strengths

•    Accomplished Leadership Team and qualified workforce
•    Long Lasting Business Relationships
•    The company has an extensive pool of over 57 thousand seasoned professionals, SMEs, key opinion leaders, and C-level executives in its network, covering a wide spectrum of industries, functional expertise, and geographies
•    Decoding & simplifying complex organizational structures while mapping functional expertise of each member in an organization is a painstakingly elaborate task.
 

Risks

•    The company may not be able to maintain and enhance the quality of its existing services.
•    The company relies on Network Members to provide accurate and complete information about their profiles and eligibility for projects.
•    The profitability and success of the business depend on its ability to identify, recruit, retain and engage Network Members. 
 

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FAQs

The minimum lot size of Infollion Research Services IPO is 1600 shares.

The price band of Infollion Research Services IPO is Rs. 80- Rs.82.

The Infollion Research Services IPO opens on May 29, 2023 and closes on May 31, 2023.

The Infollion Research Services IPO comprises of a total issue of equity shares aggregating to ₹21.45 crores.

The allotment date of Infollion Research Services IPO is 5th June 2023.

The listing date of Infollion Research Services IPO is 8th June 2023.

Holani Consultants Private Limited is the book runner of Infollion Research Services IPO.

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

1.    Expansion of current service line in the US and Western European regions
2.    Pex-Panel- Adding new categories of freelancers
3.    Technology Development
4.    General Corporate Purposes
 

To apply for the Infollion Research Services IPO, follow the steps given below:

●    Login to your 5paisa account and select the issue in the current IPO section
●    Enter the number of lots and price at which you wish to apply for
●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
●    You will receive a mandate notification to block funds in your UPI app