Infonative Solutions IPO Allotment Today: Here's How You Can Check The Status

The company plans to use the proceeds from the IPO to fund the development of new products, courses, and features for their Learning Management System (LMS), purchase laptops, and more

The highest demand came from Qualified Institutional Buyers (QIBs), who oversubscribed their reserved category by 18.58 times

Source : ABPLIVE AI

Infonative Solutions IPO Allotment Status: The allotment of shares for Infonative Solutions is set to be finalised on Friday. The IPO, which closed for subscriptions on Thursday, April 3, got a strong response from investors. It received bids for 1,36,03,200 shares against the 31,28,000 shares on offer, resulting in an oversubscription of 4.35 times, as per BSE data.

The highest demand came from Qualified Institutional Buyers (QIBs), who oversubscribed their reserved category by 18.58 times. This was followed by retail investors, who subscribed 4.25 times, and Non-Institutional Investors (NIIs), with an oversubscription of 1.94 times.

How to Check Infonative Solutions IPO Allotment Status

Once the allotment process is complete, investors can verify their allotment status on the official websites of the BSE and Kfin Technologies, the registrar for the Infonative Solutions IPO.

You can also check your IPO allotment status directly using the following links:

- Check Infonative Solutions IPO Allotment Status on BSE (https://www.bseindia.com/investors/appli_check.aspx)

- Check Infonative Solutions IPO Allotment Status on Kfin Technologies (https://ipostatus.kfintech.com/)

Infonative Solutions IPO Details

The SME IPO of Infonative Solutions, valued at approximately Rs 24.71 crore, consists of a fresh issue of equity shares with no offer for sale (OFS) component. The public issue was open for subscription from March 28, 2025, to April 3, 2025. It was priced between Rs 75 and Rs  79 per share, with a minimum lot size of 1,600 shares.

The company plans to use the proceeds from the IPO to fund the development of new products, courses, and features for their Learning Management System (LMS), purchase laptops, and support working capital needs. Additionally, the funds will be allocated for general corporate purposes and potential acquisitions.

Infonative Solutions IPO Grey Market Premium (GMP) & Listing Outlook

The unlisted shares of Infonative Solutions were trading at approximately Rs 84 each in the grey market, indicating a grey market premium (GMP) of Rs 5, or around 6.33 per cent above the issue price of Rs 79, according to a Business Standard report citing sources monitoring unofficial market activity.

The company’s shares are expected to make their debut on the BSE SME platform on Tuesday, April 8, 2025. The current GMP trend suggests a positive listing for Infonative Solutions. If the GMP holds steady, investors might see the shares list at around a 6 per cent premium on the exchange. However, it’s important to note that GMP is an unregulated market indicator and should not be solely relied upon to gauge the company’s performance in the official market.