Infurnia Holdings IPO

Infurnia Holdings Limited IPO

Infurnia Holdings IPO will open for subscription from 06 September 2022. the company aims for an issue size of ₹38.20 Cr through this Fixed price issue IPO.

Infurnia Holdings Limited

The company is an architecture and interior design software company. It owns and operates a cloud-based platform that allows professionals to design buildings, interiors, and modular kitchens.

Infurnia’s design software helps professionals with Floorplan Design, 3D Building Information Modelling Design, Elevation Drawings, Photorealistic renderings, Design Documentation, Powerful pricing quotation module, Design Version Control, and Design Branching and Provides a powerful admin portal along with the core design software.

Infurnia’s first product was released in 2015 – a web-based 3D wardrobe configurator. In 2016, Infurnia started offering modular kitchen designs, but within a cuboidal-shaped room only. The solution was marketed and sold door-to-door to about 30 modular kitchen shops across the 8 largest metro towns in India. In 2018, the scope of the software was further enhanced to design multi-floored apartments along with staircases, etc.

Major Competitive Strengths

  • Strong and experienced management.
  • Cloud-first and collaboration-focused software.
  • Disruptive Pricing.
  • Multi-platform Technology.
  • Modern API and data-first solutions, rather than file-based ones.

Objects of the Issue

  • Investment in our wholly owned Subsidiary Company for expansion of business.
  • For meeting the Issue Expenses.
  • General Corporate Purposes.

Basic details about the company

Full nameInfurnia Holdings Limited

Dates to remember

IPO Opening date06 September 2022
IPO Closing09 September 2022
Basis of Allotment14 September 2022
Initiation Refunds15 September 2022
Credit to Demat Account16 September 2022
Listing Date19 September 2022

Infurnia Holdings IPO Details

Subscription Dates6 – 9 September 2022
Price BandINR 10 per share
Fresh issue3,82,00,000 shares (INR 38.20 crore)
Offer For SaleNil
Total IPO size3,82,00,000 shares (INR 38.20 crore)
Minimum bid (lot size)10,000 share
Face Value INR 1 per share
Retail Allocation50%
Listing OnBSE Startup

Retail (Min)110000₹100,000
Retail (Max)220000₹200,000

Infurnia Holdings Financial Performance

 FY 2020FY 2021FY 2022
Net income(205.72)(265.04)(277.15)
(Figures are in ₹ Lakhs)

Infurnia Holdings Valuations & Margins

FY 2020FY 2021FY 2022
PE ratioNA
RONW (%)(207.48%)(79.71%)(52.34%)
Debt/Equity ratioNANANA
ROCE (%)(172)(71)(46)

Company Promoters

  • Mr. Nikhil Kumar
  • Mr. Lovepreet Mann

Infurnia Holdings IPO Promoter Holding

Pre Issue Share Holding56.67%
Post Issue Share Holding41.75%

Lead Manager(s)

  • Finshore Management Services Limited

Infurnia Holdings IPO Registrar

Office No. S6-2, 6th Floor,
Pinnacle Business Park,
Mahakali Caves Road,
Andheri (East), Mumbai – 400 093
Phone: +91 22 6263 8200

Infurnia Holdings Contact Details

2nd Floor, No. 343, 1st B Main 7th
Block, Koramangala Layout,
Bengaluru-560095 Karnataka, India
Phone: +91 95137 66606

Infurnia Holdings IPO Allotment Status

Infurnia Holdings IPO allotment will be available on Bigshare Services’ website.

Click on this link to get allotment status.

Final thoughts

Infurnia Holdings IPO is going to hit Dalal street soon. applying for IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.

Happy Investing

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