Integrity Infrabuild Developers Ltd

Integrity Infrabuild Developers Ltd IPO

IPO Price Range: ₹100 - 100

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.

Min Investment

₹1,20,000

IPO Size

₹12 Cr

IPO Status

Closed

Quantity in 1 Lot

1200

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Integrity Infrabuild Developers Ltd

passed
Open Date13 May 2025
passed
Close Date15 May 2025
passed
Allotment Date16 May 2025
upcoming
Listing Date20 May 2025

IPO subscribed over

🚀 2.107x

This IPO has been subscribed by 2.25635593220339x in retail and 0x in QIB.

Subscription Rate

Total Subscription2.107x
Retail Individual Investors2.25635593220339x
Qualified Institutional Buyers0x
Non Institutional Investors2.20762711864407x

Key Statistics

Bid Opening DateBid Opening Date13 May 2025
Bid Closing DateBid Closing Date15 May 2025
Allotment DateAllotment Date16 May 2025
Issue SizeIssue Size₹12Cr
Quantity in 1 lotQuantity in 1 lot1200

Strengths and Risks of Integrity Infrabuild Developers Ltd IPO

Strengths

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.


Risks

Risks

  • 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.

  • The industry in which the company operates is capital intensive in nature, and involve relatively long gestation periods. The company requires substantial financing for its business operations and the failures to obtain additional financing on terms commercially acceptable to it may adversely affect its ability to grow and the company future profitability.

  • The company has a substantial amount of outstanding indebtedness, which requires significant cash flows to service and limits its ability to operate freely.

  • The Company is dependent on third parties for the supply of raw materials required for its projects and is exposed to risks relating to fluctuations in commodity prices and shortage of raw material. Further, the company does not have any long term supply agreements with the raw material providers.

  • Past instances of delays in making payment of Statutory obligations such as Income Tax, Tax Deposited at Source and Goods and Service Tax.

  • The company is duly registered as a Class-A contractor with the Government of Gujarat; however, in future there might be an instance where this registration can be revoked which could materially impact its business operations.

  • Its may have to partner with other construction companies to qualify and apply for new projects and the failures of a partner to perform its obligations could impose additional financial and performance obligations on the company.

  • The company has not entered into any agreement with the suppliers of machinery and equipment as specified in the objects of the Issue. Further the amount allocated for purchases of machinery and equipment are based on the quotation received from suppliers.

Promoters Holding

Investors Holdings %
Keyurkumar Sheth65.38%
Rajendrakumar Sheth25.59%
Disha Keyurkumar Sheth9.03%
Aaditya Maheshkumar Desai0%
Deep Rajendrakumar Sheth0%

Frequently Asked Questions of Integrity Infrabuild Developers Ltd IPO

  • What is the size of the Integrity Infrabuild Developers Ltd IPO?

    The size of the Integrity Infrabuild Developers Ltd IPO is ₹12Cr .

  • What is 'pre-apply' for Integrity Infrabuild Developers Ltd IPO?

    'Pre-apply' for Integrity Infrabuild Developers Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Integrity Infrabuild Developers Ltd IPO order be placed?

    Your Integrity Infrabuild Developers Ltd IPO order will be placed on 13 May 2025.

  • What are the open and close dates of the Integrity Infrabuild Developers Ltd IPO?

    The open and close dates of the Integrity Infrabuild Developers Ltd IPO are 13 May 2025 to 15 May 2025.

  • What is the lot size and minimum order quantity of the Integrity Infrabuild Developers Ltd IPO?

    The lot size and minimum order quantity of the Integrity Infrabuild Developers Ltd IPO are 1200 and 1200 respectively.

  • What would be the listing gains on the Integrity Infrabuild Developers Ltd IPO?

    The potential listing gains on the Integrity Infrabuild Developers Ltd IPO will depend on various market factors and cannot be predicted with certainty.