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Indifra IPO Day 1: Issue sees muted response, subscribed just 33% till now

The initial public offering (IPO) of Indifra received a muted response from investors on the first day of bidding. The issue was subscribed just 35 percent at 2:30 pm on Day 1, December 21, 2023. It has received bids for 7.1 lakh shares against 20.52 lakh shares on offer.
Abhishek Sandeepkumar Agrawal Sandeepkumar Vishwanath Agrawal Kfin Technologies Beeline Capital Advisors Pvt Ltd Sandeepkumar Agrawal Capital Advisors Pvt Ltd

Indifra IPO opens tomorrow: Check price, GMP, lot size and other details

Indifra plans to raise ₹14.04 crore via the issue, which is entirely a fresh issue of 21.6 lakh shares by promoters of the company. The price for the IPO has been set at ₹65 per share.
Abhishek Sandeepkumar Agrawal Sandeepkumar Vishwanath Agrawal Kfin Technologies Infrastructure Management Contracting Services Beeline Capital Advisors Pvt Ltd Starleads Consultants Private

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