Check Infonative Solutions IPO allotment status online

The allotment status for Infonative Solutions Limited IPO will be finalised on Friday, April 4, 2025. Investors who applied for the IPO online can check the status through the official websites of the Bombay Stock Exchange (BSE).

Infonative Solutions' Initial Public Offering (IPO), listed on the BSE SME platform, was subscribed 4.35 times during the bidding period. The IPO is inclusive of a fresh issue of shares totalling ₹24.71 crores and did not feature any Offer for Sale (OFS) component.

Subscription details:

• Retail Individual Investors (RIIs): Subscribed 4.25 times (89,61,600 shares against 21,07,200 shares on offer).
• Non-Institutional Investors (NIIs): Subscribed 1.94 times (16,70,400 shares against 8,60,800 shares reserved).
• Qualified Institutional Buyers (QIBs): Subscribed 18.57 times (29,71,200 shares against 1,60,000 shares reserved).

How to check Infonative Solutions IPO allotment status on BSE

If you want to apply for the IPO online, here's how you can check your allotment status on BSE:

1. Visit BSE's IPO allotment status page:  BSE IPO Status
2. Keep the "Issue Type" as 'Equity'.
3. From the "Issue Name" dropdown, select 'Infonative Solutions Limited'.
4. Enter either your PAN card details or your IPO application number.
5. Select "Search" to view your allotment status.

Infonative Solutions IPO details and outlook

Here is a quick overview of Infonative Solutions IPO details and what investors can expect going forward.

• Price band: ₹75 to ₹79 per share
• Lot size: 1,600 shares (Minimum investment: ₹1,20,000)
• Fund utilisation: ₹7.35 crores for new products and courses, ₹5 crores for working capital, and the rest for corporate expenses and acquisitions.
• Merchant banker: Share India Capital Services Private Limited

Important Dates:

• IPO subscription period: March 28, 2025 - April 3, 2025
• Basis of allotment: April 4, 2025
• Refunds initiation: April 7, 2025
• The credit of shares to Demat: April 7, 2025
• Listing on BSE SME: April 8, 2025

Infonative Solutions focuses on creating e-learning content, courseware, and cloud-based Learning Management Systems (LMS). Investors who applied for the IPO online can now check their allotment status and prepare for the listing day.