Issue Price
₹82
Per Share
GMP
NIL
Grey Market
Est. Listing
₹82
Expected Price
Min. Application
₹262,400
2 lots × 1600 shares
Incorporated in 2009, Infollion Research Services is a B2B marketplace. They are operating in the B2B Human Cloud segment, catering to on-demand contingent hiring of subject matter experts. They provide a platform for workers or knowledge providers (gig workers) and employers or knowledge seekers to connect with each other.Key clients include top-tier Global Management Consulting firms, renowned Private Equity funds, Hedge funds, and mid-tier Corporates.They operate in the premium segment of the gig-economy and are one of the leading enablers of contingent hiring, temporary workforce management, contracting SOW-employees, high-level independent consultations, knowledge tours, and more.Their direct competitors are other expert networks and freelancing platforms, while indirectly they compete with staffing firms.
https://linkintime.co.in/Initial_Offer/public-issues.html proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 132,800 | — | ₹1.09 Cr | — |
| TOTAL | 2,616,000 | 100.00% | ₹21.45 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹131,200 |
| Retail (Max) | 13 | 20,800 | ₹1,705,600 |
| sNII (Min) | 14 | 22,400 | ₹1,836,800 |
| bNII (Min) | 68 | 108,800 | ₹8,921,600 |
| Particulars | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Revenue from Operations | 3529.92 | 2220.13 | 1606.46 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 557.92 | 340.66 | 207.65 |
| Net Worth | 1601.05 | 1043.12 | 702.47 |
| Total Assets | 1800.55 | 1181.32 | 848.74 |
| Reserves & Surplus | 854.36 | 1041.64 | 700.98 |
| Total Borrowings | 0.00 | 0.00 | 0.00 |