IPO Details
Bidding Dates
13 May 25 - 15 May 25
Price Range ₹
100 - 0
Total Equity
₹ 12.00Cr
Lot Size
1200
Exchange Status
NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
0.00×
Qualified Institutional Buyers
0.00×
Employees
0.00×
Retail Investors
0.00×
Total subscription Rate
0.00×
IPO Timeline
Offer start
13 May 2025
Offer end
15 May 2025
Allotment
16 May 2025
Refund initiation
19 May 2025
Demat transfer
19 May 2025
Listing
20 May 2025
Offer start
13 May 2025
Offer end
15 May 2025
Allotment
16 May 2025
Refund initiation
19 May 2025
Demat transfer
19 May 2025
Listing
20 May 2025
About Company
Integrity Infrabuild Developers Limited is a Class-A civil contractor, incorporated in 2017 and registered with the Government of Gujarat. The company specializes in executing government infrastructure projects across roads, buildings, and bridges. With a strong focus on project management and technical capabilities, it maintains a robust order book worth ₹16,307 lakhs as of March 31, 2025, out of a total ₹20,598 lakhs in ongoing contracts. Supported by a team of 53 full-time staff, Integrity Infrabuild continues to expand its presence in Gujarat’s public infrastructure sector.
Year Founded
01-06-2024
Promotor Details
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 99.99 | 72.09 |
| Share Capital | 3099938 | 3099938 |
Offer to Public
12,00,000.00 Cr
Project Details
- Purchase of machinery and equipment - 50.3cr
- Funding Working capital requirements - 36.4cr
- General Corporate Purpose - 24cr
Objectives
- Capital Expenditure toward purchase of Machinery and EquipmentsFunding Working capital requirementsGeneral Corporate Purpose
Highlights
- Class-A civil contractor status with Government of Gujarat enhances credibility and eligibility for major government projects.
- Strong focus on infrastructure segments like roads, buildings, and bridges ensures specialization and efficiency.
- Robust order book of ₹16,307 lakhs indicates healthy revenue visibility and sustained business pipeline.
- Proven execution capability with ₹4,291 lakhs worth of work already completed from ongoing contracts.
- Experienced team and strong project management contribute to timely and quality delivery.
Challenges
- Business operations are geographically concentrated in Gujarat, exposing the company to regional risks.
- Heavy reliance on government contracts may lead to delays in payments or project execution due to policy changes.
- Limited workforce (53 employees) may constrain the ability to scale operations quickly for larger projects.
- No significant mention of diversification into private sector projects or other states.
- Subcontracting strategy, while helpful for expansion, may reduce control over project quality and timelines.
