1. Established in 2009, Infollion Research Services is a B2B marketplace focused on the B2B Human Cloud sector.
2. Their platform connects gig workers with employers or knowledge seekers, facilitating on-demand contingent hiring of subject matter experts.
3. They serve prestigious clients, including global management consulting firms, private equity funds, hedge funds, and mid-tier corporations.
4. Infollion Research Services specializes in the high-end sector of the gig economy, offering flexible recruitment, temporary workforce coordination, and contracting skilled employees for specific projects.
5. They engage top-tier independent consultants and organize educational trips to acquire expertise.
5. Competitors include expert networks and freelancing platforms, as well as staffing firms in the broader market.
IPO Date: May 29, 2023 to May 31, 2023 Price: ₹80 to ₹82 per share Lot Size: 800 Shares Issue Size: ₹21.45 Cr Fresh Issue: ₹18.24 Cr OFS Issue: ₹3.21 Cr Issue Type: Book Built Issue IPO Listing At: NSE SME
Opening Date: May 29, 2023 Closing Date: May 31, 2023 Basis of Allotment: June 5, 2023 Initiation of Refunds: June 6, 2023 Credit of Shares to Demat: June 7, 2023 Listing Date: June 8, 2023 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied
Application Lots Shares Amount Retail (Min): 1 1600 ₹131,200 Retail (Max): 1 1600 ₹131,200 S-HNI (Min): 2 3200 ₹262,400
Pre Issue Share Holding: 77.61% Post Issue Share Holding: 67.09%
Earning Per Share (EPS): ₹7.74 P/E Ratio: 14.24 Return on Net Worth (RoNW): 34.85% Net Asset Value (NAV): ₹21.44 per Equity Share Price/BV Ratio: 3.83
Market Cap (₹ Cr.): 61.23 P/E Ratio: 14.24 Return on Equity (ROE) (%): 42.20 Return on Capital Employed (ROCE) (%): 43.59 Debt/Equity: 0
Note: The P/E ratio has been computed by dividing Issue Price with EPS