Infollion Research IPO Details | GMP, Date, Price, Review

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 DRHP	Download
Infollion Research Services IPO RHP	Download

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