Ahmedabad based Indinfra’s IPO closes on 26 Dec

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Indifra IPO is a fixed price issue of Rs 14.04 crores. The issue is entirely a fresh issue of 21.6 lakh shares. Indifra IPO opens for subscription on December 21, 2023 and closes on December 26, 2023. The allotment for the Indifra IPO is expected to be finalized on Wednesday, December 27, 2023. Indifra IPO will list on NSE SME with tentative listing date fixed as Friday, December 29, 2023.

Indifra IPO price is ₹65 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹130,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹260,000.

Beeline Capital Advisors Pvt Ltd is the book running lead manager of the Indifra IPO, while Kfin Technologies Limited is the registrar for the issue. The market maker for Indifra IPO is Spread X Securities……PO Open Date Thursday, December 21, 2023
IPO Close Date Tuesday, December 26, 2023
Basis of Allotment Wednesday, December 27, 2023
Initiation of Refunds Thursday, December 28, 2023
Credit of Shares to Demat Thursday, December 28, 2023
Listing Date Friday, December 29, 2023
Cut-off time for UPI mandate confirmation 5 PM on December 26, 2023

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