Infurnia Holdings IPO Details: The opening and closing dates for Infurnia Holdings initial public offering are set: September 6 and September 9, 2022. In order to raise Rs. 38.20 crores through an IPO, Infurnia Holdings is a BSE & SME IPO. With a market lot of 10000 shares, the Infurnia Holdings IPO price band is set at Rs. 10 per share.
Infurnia Holdings IPO Details
|IPO Opening Date||Sep 6, 2022|
|IPO Closing Date||Sep 9, 2022|
|Price Band||Rs. 10 per share|
|Lot Size||10000 Shares|
|Issue Size (Rs. Cr.)||38,200,000 shares of Rs. 1 (aggregating up to Rs. 38.20 Cr)|
|Fresh Issue||38,200,000 shares of Rs. 1 (aggregating up to Rs. 38.20 Cr)|
|Face Value||Rs. 1 per share|
|Issue Type||Fixed Price Issue IPO|
|Exchange Board||BSE, SME|
|Retail Shares Offered||50% of the net offer|
|NII (HNI) Shares Offered||50% of the net offer|
|Basis of Allotment Date||Sep 14, 2022|
|Initiation of Refunds||Sep 15, 2022|
|Credit of Shares to Demat Account||Sep 16, 2022|
|Infurnia Holdings IPO Listing Date||Sep 19, 2022|
Infurnia Holdings IPO Date
Infurnia Holdings IPO dates are announced. The IPO opening date is 6 Sep 2022 and closing date is 9 Sep 2022. The IPO allotment date is September and the IPO might list on 19 September 2022.
Infurnia Holdings IPO Issue Size
Infurnia Holdings IPO is going to list on BSE and SME. Infurnia Holdings IPO issue size is Rs. 38.20 Cr or 38,200,000 shares. The company owns, developed and operates a cloud-based platform that allows professionals to design buildings, interiors, and modular kitchens.
Infurnia Holdings IPO Price
Infurnia Holdings IPO is going to public in second week of Sep 2022. Infurnia Holdings IPO price is Rs. 10 per equity share and issue type of Infurnia Holdings IPO is Fixed Price Issue IPO.
Infurnia Holdings IPO Lot Size
The Infurnia Holdings IPO lot size is 10000 shares. A retail-individual investor can apply for up to 2 lots (20000 shares or Rs. 200,000). The Infurnia Holdings IPO minimum market lot is 20000 shares with a Rs. 200,000 application amount.
Infurnia Holdings Allotment Date and Listing Date
The shares will be credited to applicants’ demat accounts on 16 Sep 2022, and the company plans to list on the exchanges on 19 Sep 2022. Infurnia Holdings IPO Allotment Date is 14 Sep 2022.
About Infurnia Holdings Limited IPO
An interior design and architecture software company is called Infurnia. The business was founded in 2014. It owns, created, and runs a cloud-based platform that enables designers to create interiors, modular kitchens, and buildings. Infurnia offers an effective alternative for architects seeking to work in a more collaborative setting, both in terms of the designs themselves and in terms of how the design data is distributed among the various project stakeholders.
The business will go public on the BSE Limited’s STARTUPS Platform (“BSE STARTUPS”). By creating a friendly environment for business owners and investors, the BSE Startups Platform enables the listing of SMEs from India’s dispersed unorganised sector into a regulated and organised sector. The BSE Startups Platform was established by BSE Ltd in accordance with the guidelines established by SEBI.
Infurnia’s first product, a web-based 3D wardrobe configurator, was released in 2015 following the first year of research and development. Infurnia expanded the offering in 2016 to include modular kitchen design, but only for rooms with a cuboidal shape.
Infurnia expanded the scope of the solution in 2017 by adding a complete floorplan design module. The software’s scope was expanded in 2018 to include the design of multi-floored apartments with staircases, etc.
.Infurnia innovated a bold idea for the world of architecture design in 2019. Infurnia redesigned the entire software in order to shift from a web-only to a web-first approach and become natively available on all major platforms, such as desktops, tablets, virtual reality, servers, etc., in 2020 when covid struck. This was another audacious move.
The software’s scope was expanded in 2018 to include designing multi-floored apartments with staircases and other features. Infurnia could now be used to create architectural building designs in addition to interior designs.
Promoters of Infurnia Holdings IPO
The Infurnia Holdings IPO’s promoters are Mr. Lovepreet Mann and Mr. Nikhil Kumar.