
✓
Open
13 May 2025
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Close
15 May 2025
3
Allotment
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Listing
Tue, May 20, 2025
Price Band
₹100 per share
Issue Size
12,00,000 shares (agg. up to ₹12 Cr)
Lot Size
1,200 Shares
Listing Date
Tue, May 20, 2025
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
27-05-2025₹0Est. ₹100+0%
26-05-2025₹0Est. ₹100+0%
25-05-2025₹0Est. ₹100+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.15x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 33.35 | 20.68 | 15.25 | 13.06 |
| Total Income | 68.97 | 64.63 | 45.23 | 33.48 |
| Profit After Tax | 1.94 | 0.95 | 0.29 | 0.30 |
| NET Worth | 4.56 | 3.10 | 1.78 | 2.55 |
| Reserves and Surplus | 1.46 | |||
| Total Borrowing | 12.86 | 11.17 | 5.22 | 6.51 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Desco Infratech Ltd. | SME | ₹30.75 Cr | ₹150 | 24.4 | ₹168.00 | +12.00% | ₹187.90 (-3.86%) |
| Solarium Green Energy Ltd. | SME | ₹105.04 Cr | ₹191 | 18.81 | ₹211.90 | +10.94% | ₹175.90 (+0.40%) |
| H.M.Electro Mech Ltd. | SME | ₹27.74 Cr | ₹75 | 9.16 | ₹77.04 | +2.72% | ₹47.00 (-2.19%) |
| B.R.Goyal Infrastructure Ltd. | SME | ₹85.21 Cr | ₹135 | 10.8 | ₹142.50 | +5.56% | ₹129.15 (+0.82%) |
| NACDAC Infrastructure Ltd. | SME | ₹10.01 Cr | ₹35 | 47.78 | ₹69.82 | +99.49% | ₹23.72 (-6.91%) |
| Ganesh Infraworld Ltd. | SME | ₹98.58 Cr | ₹83 | 16.47 | ₹165.55 | +99.46% | ₹93.00 (+2.20%) |
| Lakshya Powertech Ltd. | SME | ₹49.80 Cr | ₹180 | 8.39 | ₹359.10 | +99.50% | ₹101.75 (-3.10%) |
| HVAX Technologies Ltd. | SME | ₹33.53 Cr | ₹458 | 9.97 | ₹490.35 | +7.06% | ₹695.00 (-1.97%) |
| Popular Foundations Ltd. | SME | ₹19.87 Cr | ₹37 | 15.97 | ₹37.07 | +0.19% | ₹31.00 (-3.73%) |
| Aesthetik Engineers Ltd. | SME | ₹26.47 Cr | ₹58 | 14.59 | ₹115.70 | +99.48% | ₹75.00 (+0.00%) |
| Sathlokhar Synergys E&C Global Ltd. | SME | ₹92.93 Cr | ₹140 | 9.35 | ₹247.00 | +76.43% | ₹312.00 (+0.00%) |
| V.L.Infraprojects Ltd. | SME | ₹18.52 Cr | ₹42 | 7.73 | ₹83.75 | +99.40% | ₹27.50 (+4.17%) |
| Capital Infra Trust | Mainboard | ₹1,578.00 Cr | ₹99 | null | ₹99.02 | +0.02% | ₹73.78 (+0.55%) |
| Afcons Infrastructure Ltd. | Mainboard | ₹5,430.00 Cr | ₹463 | 35.08 | ₹474.20 | +2.42% | ₹299.75 (+4.97%) |
| Deepak Builders & Engineers India Ltd. | Mainboard | ₹260.04 Cr | ₹203 | 12.06 | ₹161.95 | -20.22% | ₹7.69 (-3.84%) |
| Interarch Building Products Ltd. | Mainboard | ₹600.29 Cr | ₹900 | 15.04 | ₹1,196.45 | +32.94% | ₹1,842.20 (+0.13%) |
| Ceigall India Ltd. | Mainboard | ₹1,252.66 Cr | ₹401 | 20.67 | ₹386.75 | -3.55% | ₹341.40 (-2.79%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of machinery and equipment | 5.03 |
| 2 | Funding working capital requirements of the Company | 3.64 |
| 3 | General Corporate Purposes | 2.40 |
| 4 | Issue Expenses | 0.93 |
| Total | 12.00 |
About Integrity Infrabuild IPO
Incorporated in 2017, Integrity Infrabuild Developers Limited is a Class-A civil contractor registered with the Government of Gujarat. The company executes construction activities as a contractor for government projects in Gujarat and regularly subcontracts to expand its presence in the state's construction sector. As of March 31, 2025, the company has secured ongoing contracts totalling ₹ 20,598 lakhs. Of this amount, works valued at ₹ 4,291 lakhs have been executed, while the remaining ₹ 16,307 lakhs are included in their order book. As of March 31, 2025, the company had 53 full-time employees which include KMP, Office Staff, Project Execution staff (Semi-skilled, unskilled worked including drivers). Competitive 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 + Read More
Contact Details
Integrity Infrabuild Developers Ltd. AddressOffice No-02bullsMega MallJetalpur Road, AkotaVadodara, Gujarat, 390020+91 87340 92229info@integrityinfrabuild.comVisit Website