Equity shares in Infollion Research Services Limited will be issued via a book-built issue in the company’s Initial Public Offering (IPO). The initial public offering (IPO) for Infollion Research Services Limited is set for the week of May 29 – May 31, 2023. With a face value of Rs. 10, each of the 2,616,000 shares up for sale in the IPO may bring in as much as 21.45 Cr. for the company. Let’s learn more about their initial public offering scheduled for May of 2023.
About Infollion Research Services Limited
An online marketplace focused on technology, “Infollion Research Services Limited” was founded in 2009. They provide on-demand contingency employment and work arrangements for senior management talent, subject matter experts, and other highly ranked, experienced people, positioning themselves in the business-to-business (B2B) Human Cloud market.
Infollion is facilitating connections between employees or knowledge suppliers (gig workers) and employers or knowledge searchers in today’s highly dynamic and ever-changing society.
Infollion Research serves a wide range of clients, from large multinational corporations to boutique consulting firms and financial institutions. Talking on the phone, meeting in person, attending workshops or tours, hiring consultants or workers under a statement of work are various ways in which knowledge seekers and suppliers can get in touch with one another.
Infollion Research Services IPO Issue Details
| Issue Type | Book Built IPO Issue |
| Issue Opens | 29th May 2023 |
| Issue Closes | 31st May 2023 |
| Face Value | Rs 10 Per Share |
| Issue Price | Rs 80 to Rs 82 Per Share |
| Issue Size | 2,616,000 Shares (Rs 21.45 crores) |
| Minimum Order Quantity | 1600 Shares |
| Listing | NSE, SME |
Purpose of the Issue
The net proceeds from the offering will be used by the company to accomplish the following goals:
- The current service offering will be bolstered in the Western European and American markets.
- Freelancer category expansion in Pex-Panel.
- Advances in technology.
- Common Business Uses.
Infollion Research Services Limited — Company Contact Details
- Registered & Corporate Office: 80/28, Malviya Nagar, New Delhi – 110017
- Telephone: +91 9836468248
- Website: http://www.infollion.com/
Infollion Research Services IPO – Lead Managers of the Issue
Holani Consultants Private Limited
- Office Address: B-15/16, Shiv Marg, Bani Park, Jaipur, Rajasthan-302016
- Telephone:+91 0141-2203995
- Email: ipo@holaniconsultants.co.in
Infollion Research Services Limited IPO – Registrar of the Issue
Link Intime India Private Ltd
- Telephone: +91-22-4918 6270
- Email: infollionresearch.ipo@linkintime.co.in
- Website: https://linkintime.co.in/
Infollion Research Services Limited IPO Issue Prospectus
Click here to read the Final Prospectus of this IPO Issue.
Disclaimer: Investingly just provides basic information as update about the issues. Investingly never gives advices or recommendations to anyone. Investments into securities are subject to market risk. Please read the offer and issue documents carefully before investing. It is also advised to consult your financial advisor of necessary suggestions.
