Infollion Research IPO Details ( Infollion Research Services Limited IPO Review )
(29 May 2023 – 31 May 2023)
Established in 2009, Infollion Research Services is a B2B marketplace specializing in the B2B Human Cloud sector. This platform focuses on facilitating on-demand contingent hiring of subject matter experts. Infollion Research Services serves as a connection hub for gig workers, who offer their specialized knowledge and expertise, and employers or knowledge seekers, creating a seamless and efficient collaboration process.
Our valued clientele comprises leading global management consulting firms, highly esteemed private equity funds, reputable hedge funds, and a range of mid-tier corporations.
They specialize in the high-end sector of the gig economy and stand out as a prominent facilitator of flexible recruitment, temporary workforce coordination, contracting skilled employees for specific projects, engaging top-tier independent consultants, organizing educational trips to acquire expertise, and offering various other services.
They face competition from expert networks and freelancing platforms in their niche, while also indirectly contending with staffing firms in the broader market.
Infollion Research Services Limited Company Product
- On-Demand Experts
- Knowledge Tours
- 1-o-1 Sit-ins
- Webinars
- Pex-Panel
- Flexi-staffing/ SOW Employees
Infollion Research Services Limited IPO Competitive Strength
- Accomplished Leadership Team and qualified workforce
- Long Lasting Business Relationships
- Comprehensive Talent Pool
- Strong Research Capabilities
- Value Added Services
Infollion Research Services IPO Financials Performance ( Results )
Infollion Research Services Limited Financial Information ( Restated )
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-21 | 848.74 | 1,606.46 | 207.65 | 2.78 | 702.47 | 9.41 | 700.98 | 0.00 |
| 31-Mar-22 | 1,181.32 | 2,220.13 | 340.66 | 4.56 | 1,043.12 | 13.97 | 1,041.64 | 0.00 |
| 31-Mar-23 | 1,800.55 | 3,529.92 | 557.92 | 7.74 | 1,601.05 | 21.44 | 854.36 | 0.00 |
Objective of IPO Issue
- Expansion of current service line in the US and Western European regions ( 600.00 Lakhs )
- Pex-Panel- Adding new categories of freelancers ( 408.00 Lakhs )
- Technology Development ( 370.00 Lakhs )
- General Corporate Purposes
Infollion Research Services IPO Basic Details
| IPO Date | May 29, 2023 to May 31, 2023 |
| Listing Date | Thursday, June 08, 2023 |
| Face Value | ₹10 per share |
| Price | ₹80 to ₹82 per share |
| Lot Size | 1600 Shares |
| Issue Size | 2,616,000 shares (aggregating up to ₹21.45 Cr) |
| Fresh Issue | 2,224,000 shares of ₹10 (aggregating up to ₹18.24 Cr) |
| Offer for Sale | 392,000 shares of ₹10 (aggregating up to ₹3.21 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Mr. Gaurav Munjal |
Infollion Research Services IPO Reservation
| QIB Shares Offered | Not more than 48.65% of the Net Offer |
| NII (HNI) Shares Offered | Not less than 16.30% of the Net Offer |
| Retail Shares Offered | Not less than 35.05% of the Net Offer |
Infollion Research Services IPO Timetable
Infollion Research Services IPO will open on May 29, 2023 and close on May 31, 2023. You can join Infollion Research Services IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 29 May 2023 (Monday) |
| Closing Date | 31 May 2023 (Wednesday) |
| Basis of Allotment | 5 June 2023 (Monday) |
| Initiation of Refunds | 6 June 2023 (Tuesday) |
| Credit of Shares to Demat | 7 June 2023 (Wednesday) |
| Listing Date | 8 June 2023 (Thursday) |
| Deadline for Confirming UPI mandate | 5 PM on May 31, 2023 |
Infollion Research Services IPO Lot Size
For retail investors in Infollion Research Services IPO, 1600 shares will come in 1 lot or the minimum investment will be ₹131,200. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹131,200.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1600 | ₹131,200 |
| Retail (Max) | 1 | 1600 | ₹131,200 |
| S-HNI (Min) | 2 | 3200 | ₹262,400 |
Infollion Research Services IPO Promoter Holding
| Pre Issue Share Holding | 77.61% |
| Post Issue Share Holding | 67.09% |
Infollion Research Services IPO Valuation – FY2022
| Earning Per Share (EPS) | ₹7.74 per Equity Share |
| Price/Earning P/E Ratio | 14.24 |
| Return on Net Worth (RoNW) | 34.85% |
| Net Asset Value (NAV) | ₹21.44 per Equity Share |
| Upper Price/Book Value (Price/BV) Ratio | 3.83 |
Infollion Research Services Ltd Key Performance Indicator
| KPI | Values |
| Market Cap (₹ Cr.) | 61.23 |
| P/E (x) | 14.24 |
| ROE (%) | 42.20% |
| ROCE (%) | 43.59% |
| Debt/Equity | 0 |
Infollion Research Services Ltd Peer Comparison
There are no listed companies in India that engage in a business similar to that of our Company.
Accordingly, it is not possible to provide an industry comparison in relation to our Company.
Infollion Research Services IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 7 June 2023 | ₹101 | – | – |
| 6 June 2023 | ₹86 | – | – |
| 5 June 2023 | ₹77 | – | – |
| 4 June 2023 | ₹74 | – | – |
| 3 June 2023 | ₹74 | – | – |
| 2 June 2023 | ₹77 | – | – |
| 1 June 2023 | ₹72 | – | – |
| 31 May 2023 | ₹63 | – | – |
| 30 May 2023 | ₹60 | – | – |
| 29 May 2023 | ₹60 | – | – |
| 28 May 2023 | ₹58 | – | – |
| 27 May 2023 | ₹58 | – | – |
| 26 May 2023 | ₹55 | – | – |
Infollion Research Services IPO Detail Video:
Infollion Research Services IPO Subscription Status (Bidding Detail)
The Infollion Research Services IPO on May 31, 2023 at 7:29:00 PM was subscribed 259.71 times, with the retail category being subscribed 264.10 times, the NII (Non-Institutional Investor) category being subscribed 422.45 times and the QIB (Qualified-Institutional Buyers) category being subscribed 70.72 times.
| Category | Subscription |
| QIB | 70.72x |
| NII | 422.45x |
| Retail | 264.10x |
| Total | 259.71x |
Infollion Research Services IPO Prospectus
Infollion Research Services IPO Rating
| Our Rating | 4.0/5.0 |
Infollion Research Services Company Contact Information
Infollion Research Services Limited
Registered Office: 80/28, Malviya Nagar, New Delhi – 110017 India
Corporate Office: 3rd floor, Tower B, Unitech Cyber Park,
Sector 39, Gurgaon, Gurugram, Haryana, 122002, India
Tel. No.: +91– 9836468248, E-mail: madhumita.pramanik@infollion.com
Website: www.infollion.com
Contact Person: Madhumita Pramanik, Company Secretary and Compliance Officer
Promoters Of Our Company: Mr. Gaurav Munjal
Infollion Research Services IPO Registrar
Link Intime India Private Limited
Registered Office: C – 101, 1st Floor, 247 Park, L.B.Ss. Marg, Vikhroli (West),
Mumbai 400083, Maharashtra, India
Tel: +91 810 811 4949
Fax: +91 22 4918 6195
Website: www.linkintime.co.in
Email: infollionresearch.ipo@linkintime.co.in
Investor Grievance ID: infollionresearch.ipo@linkintime.co.in
Contact Person: Mr. Shanti Gopalkrishnan
SEBI Registration Number: INR000004058
Infollion Research Services IPO Lead Manager
Holani Consultants Private Limited
Registered Office: 401 – 405 & 416 – 418, 4th Floor, Soni Paris Point,
Jai Singh Highway, Bani Park, Jaipur – 302016
Tel.: +91 0141 – 2203996
Fax: +91 0141 – 2201259
Website: www.holaniconsultants.co.in
Email: ipo@holaniconsultants.co.in
Investor Grievance ID: complaints.redressal@holaniconsultants.co.in
Contact Person: Mrs. Payal Jain
SEBI Registration Number: INM000012467
Infollion Research Services IPO FAQs
What is the lot size of Infollion Research Services IPO?
The total size of Infollion Research Services IPO is ₹21.45 crores out of which ₹18.24 crores is fresh issue and ₹3.21 crores is offer for sale (OFS).
When will Infollion Research Services IPO start?
Infollion Research Services IPO will open from 29 May 2023 and IPO will close on 31 May 2023.
What is the open date of Infollion Research Services IPO?
Infollion Research Services IPO will open date from 29 May 2023.
What is the last date ( close date ) of Infollion Research Services IPO?
Infollion Research Services IPO will close from 31 May 2023.
What is the price band of Infollion Research Services IPO?
Infollion Research Services IPO price band is ₹80 to ₹82. ( Upper Price Band: ₹82, Lower Price Band: ₹80 )
What is the minimum amount required to apply for Infollion Research Services IPO?
The minimum investment for retailers to apply for Infollion Research Services IPO is ₹131,200 and the maximum investment is ₹131,200.
What is going on gray market premium of Infollion Research Services IPO?
View gray market premium of Infollion Research Services IPO by Clicking Here
How much is the GMP of Infollion Research Services IPO?
Watch Infollion Research Services IPO GMP Today: Click Here
What is the allotment date of Infollion Research Services IPO?
The Allotment Date of Infollion Research Services IPO is 05 June 2023.
How to check allotment status in Infollion Research Services IPO?
To check the allotment status of Infollion Research Services IPO, first of all go to the registrar website by clicking here, select your bad Infollion Research Services IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Infollion Research Services IPO?
The Listing Date of Infollion Research Services IPO is 08 June 2023.
How much will be the listing gain in Infollion Research Services IPO?
View listing gain of Infollion Research Services IPO by Clicking Here
How much time Infollion Research Services IPO is subscribed?
Total 259.71 times subscribed in Infollion Research Services IPO out of which 264.10 times subscription was done in retail quota, 422.45 times subscription in NII quota and 70.72 times subscription in QIB quota.
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