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 name | Infurnia Holdings Limited |
| Sector | Finance |
| Industry | Finance-Others |
| Company Website | www.infurnia.com |
Dates to remember
| IPO Opening date | 06 September 2022 |
| IPO Closing | 09 September 2022 |
| Basis of Allotment | 14 September 2022 |
| Initiation Refunds | 15 September 2022 |
| Credit to Demat Account | 16 September 2022 |
| Listing Date | 19 September 2022 |
Infurnia Holdings IPO Details
| Subscription Dates | 6 – 9 September 2022 |
| Price Band | INR 10 per share |
| Fresh issue | 3,82,00,000 shares (INR 38.20 crore) |
| Offer For Sale | Nil |
| Total IPO size | 3,82,00,000 shares (INR 38.20 crore) |
| Minimum bid (lot size) | 10,000 share |
| Face Value | INR 1 per share |
| Retail Allocation | 50% |
| Listing On | BSE Startup |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10000 | ₹100,000 |
| Retail (Max) | 2 | 20000 | ₹200,000 |
Infurnia Holdings Financial Performance
| FY 2020 | FY 2021 | FY 2022 | |
| Revenue | 2.42 | 26.39 | 13.71 |
| Expenses | 202.95 | 285.19 | 289.59 |
| Net income | (205.72) | (265.04) | (277.15) |
Infurnia Holdings Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | (0.26) | (0.25) | (0.20) |
| PE ratio | – | – | NA |
| RONW (%) | (207.48%) | (79.71%) | (52.34%) |
| NAV | 0.14 | 0.47 | 0.50 |
| Debt/Equity ratio | NA | NA | NA |
| ROCE (%) | (172) | (71) | (46) |
Company Promoters
- Mr. Nikhil Kumar
- Mr. Lovepreet Mann
Infurnia Holdings IPO Promoter Holding
| Pre Issue Share Holding | 56.67% |
| Post Issue Share Holding | 41.75% |
Lead Manager(s)
- Finshore Management Services Limited
Infurnia Holdings IPO Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor,
Pinnacle Business Park,
Mahakali Caves Road,
Andheri (East), Mumbai – 400 093
Phone: +91 22 6263 8200
E-mail: ipo@bigshareonline.com
Website: www.bigshareonline.com
Infurnia Holdings Contact Details
INFURNIA HOLDINGS LIMITED
2nd Floor, No. 343, 1st B Main 7th
Block, Koramangala Layout,
Bengaluru-560095 Karnataka, India
Phone: +91 95137 66606
Email: info@infurnia.com
Website: www.infurnia.com
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
