Integrity Infrabuild Developers IPO Details
The key details of Integrity Infrabuild Developers’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹12.00 Cr |
| Price Range | ₹100 |
| Retail Quota | 50% |
| QIB Quota | -- |
| NII Quota | 50% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 1200 |
| Investment (cut-off price) | ₹1,20,000 |
| Pre IPO Promotor Holding | 99.99% |
| Post IPO Promotor Holding | 72.09% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Integrity Infrabuild Developers IPO Timelines
The IPO process for Integrity Infrabuild Developers includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
13/05/2025
Start Date15/05/2025
End Date19/05/2025
Refund Initiation19/05/2025
Credit of Shares to Demat Ac20/05/2025
Listing DateIntegrity Infrabuild Developers IPO Lot Size
The Integrity Infrabuild Developers IPO has a fixed lot size of 1,200 shares, at a fixed price band of ₹100 per share, requiring ₹120,000 per lot for retail investors. For HNI investors, the minimum application is 2,400 shares (2 lots) amounting to ₹240,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹1,20,000 |
| Retail Maximum | 1 | 1200 | ₹1,20,000 |
| HNI Minimum | 2 | 2400 | ₹2,40,000 |
Integrity Infrabuild Developers IPO Subscription Status
The subscription status for Integrity Infrabuild Developers IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| -- | 2.09x | 2.26x | -- | 2.17x |
IPO Performance on Listing Day
On the listing day (May 20, 2025), Integrity Infrabuild Developers made a flat debut on the stock exchange. The stock opened at ₹100.80, registering a marginal premium of 0.8% over its issue price of ₹100. Throughout the trading session, the stock showed steady movement, climbing to a high of ₹104.85 while finding support just above its issue price at ₹100.20. The shares concluded their first trading day at ₹103.50, securing a modest gain of 3.5% over the issue price, indicating a balanced market response to this infrastructure development company.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹100.80 | ₹103.50 | ₹104.85 | ₹100.20 |
Integrity Infrabuild Developers IPO Company Financials
Integrity Infrabuild Developers IPO reports robust performance in FY2024 with Total Income of ₹64.63 crores, managing expenses at ₹63.15 crores, and achieving a strong PAT (Profit After Tax) of ₹0.95 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹33.48 | ₹33.05 | ₹0.30 |
| FY 2023 | ₹45.23 | ₹44.81 | ₹0.29 |
| FY 2024 | ₹64.63 | ₹63.15 | ₹0.95 |
| FY 2025 (9 M) | ₹68.97 | ₹66.36 | ₹1.94 |
About Company
Founded in 2017, Integrity Infrabuild Developers Ltd. has swiftly established itself as a prominent player in India’s construction and engineering sector. The company is especially active in Gujarat, undertaking key infrastructure projects such as highways, bridges, and government buildings. Known for its commitment to integrity, quality, and timely delivery, the firm has earned recognition and bonuses for early project completion. This growth is attributed to its strong leadership and a skilled team of civil engineers and administrative staff, which have contributed to a significant rise in revenue in recent years.
Registered as a Class-A civil contractor with the Government of Gujarat, Integrity Infrabuild primarily works on government construction projects and often engages in subcontracting to broaden its reach. As of March 31, 2025, the company holds ongoing contracts worth ₹20,598 lakhs, with ₹4,291 lakhs already executed and ₹16,307 lakhs remaining in its order book. The company operates with a workforce of 53 full-time employees, including key management personnel, office staff, and field workers, supporting its project execution across the state.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2017 | Infrastructure | Keyur Sheth |
Know Before Investing
Integrity Infrabuild Developers IPO Strengths
- Integrity Infrabuild Developers is based in Vadodara and operates directly as a contractor for government infrastructure projects, particularly in Gujarat, giving it a strong foothold in a sector with steady demand and government backing.
- The company primarily executes construction activities for government contracts, which typically offer better payment security, large-scale projects, and long-term engagement opportunities.
- The company operates in a sector that is a key focus of government policy, benefiting from ongoing public investment in infrastructure development at both state and national levels.
- Integrity Infrabuild Developers executes projects directly rather than subcontracting, allowing for better quality control, cost management, and timely delivery.
- With a strong base in Gujarat and experience in government projects, the company is well-positioned to capitalize on further infrastructure opportunities in the region and potentially expand to other states.
Integrity Infrabuild Developers IPO Risks
- As an infrastructure contractor, the company is exposed to risks of project delays, cost overruns, and execution challenges due to factors like regulatory approvals, weather, or supply chain disruptions.
- A significant portion of business may come from government contracts. Delays in payments, changes in government policies, or loss of major contracts could adversely impact cash flows and profitability.
- The infrastructure sector is highly competitive, with both established and new entrants vying for government contracts, which can lead to margin pressures and loss of business opportunities.
- Infrastructure projects often require substantial working capital. Any mismanagement or inability to secure timely funding could strain operations and delay project completion.
- The company must comply with numerous regulations and obtain various approvals for its projects. Non-compliance or delays in obtaining clearances can halt or delay operations.
- If the company’s operations are concentrated in specific regions (such as Gujarat), it is more vulnerable to local economic downturns, policy changes, or natural disasters impacting those areas.
- Depends on third-party subcontractors and suppliers for materials and services exposes the company to risks of quality issues, delays, or disputes that can affect project timelines and reputation.
Swot Analysis for Integrity Infrabuild Developers IPO
Strengths
Growing Infrastructure Sector, Experienced Financial Backing, Enhanced Market Visibility
Weaknesses
Limited Liquidity Availability, Incomplete Financial History, Intense Market Competition
Opportunities
Increased Government Spending, Geographic Project Expansion, Strengthen Market Reputation
Threats
Economic Policy Risks, Price Volatility Concerns, Project Execution Delays
Company Details
Integrity Infrabuild Developers Limited
Office No-02, Indiabulls, Mega Mall, Jetalpur Road, Akota, Vadodara, Gujarat 390020
Phone: +91 87340 92229
Email: info@integrityinfrabuild.com
Website: https://integrityinfrabuild.com/
IPO Registar Details
Link Intime India Private Limited
Phone:+91 810 811 4949
Email: Integrityinfra.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
FAQs
The key objectives of Integrity Infrabuild Developers IPO are:
- Purchase of machinery and equipment
- Funding Working capital requirements
- General Corporate Purpose
Aryaman Financial Services Limited is the book-running lead managers for the Integrity Infrabuild Developers IPO.
Integrity Infrabuild Developers’ IPO has moderate growth potential, supported by India’s strong infrastructure push, including over ₹11.5 lakh crore allocated in Budget 2025 and major initiatives like the PM Gati Shakti Plan. Operating in a resilient sector with rising demand, the company is positioned to benefit from this momentum, using IPO proceeds to scale operations and improve efficiency.
The issue price for the Integrity Infrabuild Developers IPO is set to ₹100 per share.
To invest in one lot of Integrity Infrabuild Developers IPO, you need ₹1,20,000 at the fixed price band (₹100 per share) for a lot size of 1200 shares.
Integrity Infrabuild Developers IPO shares are scheduled to be listed on the National Stock Exchange (NSE) on May 20, 2025.
Refund/unblocking of funds for Integrity Infrabuild Developers IPO will begin on May 19, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Integrity Infrabuild Developers IPO shares on listing day (May 20, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.