InfoBeans Technologies IPO

InfoBeans Technologies IPO

Infobeans Technologies IPOInfoBeans Technologies is engaged in software development services, specializing in business application development for web and mobile and operates at Capability Maturity Model Integration (CMMI) level 3. The company’s services can be broadly categorized as Storage & Virtualization, Media & Publishing and eCommerce. Infobeans Technologies also offers automated testing services, customizable enterprise cloud solution for IT helpdesk, asset management, enterprise service management, and virtual support workflow.

Infobeans Technologies operates out of two facilities in Indore and Pune employing more than 600 people across locations. As it is prominently in exports, it has established local presence in the North American market by way of a 100% subsidiary, which has two offices located in California & Georgia, USA.

 

Promoters of InfoBeans Technologies – Siddharth Sethi, Avinash Sethi and Mitesh Bohra

InfoBeans Technologies IPO details

Subscription Dates18 - 21 Apr 2017
IPO Price bandINR58 per share
Fresh issue 6,342,000 shares (INR36.8 crore)
Offer for sale Nil
Total IPO size6,342,000 shares (INR36.8 crore)
Minimum bid (lot size)2,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnNSE Emerge platform

 

InfoBeans Technologies' financial performance (in INR crore)

 FY2012FY2013FY2014FY2015FY20169M FY2017
Total revenue24.033.338.143.074.462.7
Total expenses21.226.330.836.758.653.4
Profit after tax2.26.37.05.513.17.8
Day

Subscription (no. of times)

Day 1 0.37
Day 2 1.34
Day 3 4.92
Day 4 31.19

Infobeans Technologies Limited
601-602, Rafael Tower 8/2, Old Palasia
Indore – 452 001

Phone: +91 731 670 4000
Email: [email protected]
Website: www.infobeans.com

Earnings Per Share (EPS): INR7.64

Price/Earnings (P/E) ratio: 7.8

Return on Net Worth (RONW): 33.2%

Net Asset Value (NAV): INR23.18 per share

Link Intime India Private Limited
C-13 Pannalal Silk Mills Compound,
LBS Marg, Bhandup (W), Mumbai – 400 078
Maharashtra, India

Phone: +91 22 2596 3838
Fax: +91 22 2594 6969
Email: [email protected]
Website: http://www.linkintime.co.in

Infobeans Technologies IPO allotment status is now available on Link Intime’s website. Click on this link to get allotment status.

You can also check your IPO allotment status from your mobile at
http://linkintime.co.in/ipo

IPO Opening Date: 18 April 2017

IPO Closing Date: 21 April 2017

Listing Date: 2 May 2017

Listing Price on NSE SME: INR69.6 per share (up 20% from IPO price)

Closing Price on NSE SME: INR69.6 per share (up 20% from IPO price)

34 thoughts on “InfoBeans Technologies IPO

  • May 4, 2017 at 4:13 PM
    Permalink

    HOW MANY DAYS WILL HOLD THIS IPO ????????

    Reply
  • May 2, 2017 at 3:37 PM
    Permalink

    What is advisable with this? Any short term and long term target?

    Reply
  • April 28, 2017 at 2:00 PM
    Permalink

    I got allotment of infobean.
    Any idea when is it getting listing on sme??

    Reply
    • May 1, 2017 at 1:42 PM
      Permalink

      2 may 2017 listing price will be around 75

      Reply
  • April 27, 2017 at 1:57 PM
    Permalink

    ********infobean technoloy listing date************ Please

    Reply
    • May 1, 2017 at 1:43 PM
      Permalink

      2 may 2017 listing price will be around 75

      Reply
  • April 27, 2017 at 11:22 AM
    Permalink

    again unlucky in infobeans IPO

    Reply
    • April 27, 2017 at 9:30 PM
      Permalink

      Reddy ji you can bid on first day then u will get

      Reply
      • May 1, 2017 at 8:55 AM
        Permalink

        That’s wrong , I bid on last day and I got.

        Reply
  • April 26, 2017 at 1:06 PM
    Permalink

    ********infobean technoloy allotment date PLEASE*********

    Reply
  • April 25, 2017 at 7:49 PM
    Permalink

    When shall listed infobean Technology ????

    Reply
  • April 24, 2017 at 5:23 PM
    Permalink

    Allotment will be out on 27 Apr

    Reply
  • April 24, 2017 at 4:10 PM
    Permalink

    infobean technoloy allotment date???

    Reply
  • April 21, 2017 at 8:37 PM
    Permalink

    INFOBEANS TECHNOLOGIES LTD WILL BE MULTIBAGGER AFTER 2 OR 3 YEARS THOSE WHO WILL HOLD STOCK FOR 3 YAER PRICE TARGET 500

    Reply
  • April 19, 2017 at 4:47 PM
    Permalink

    Looks like it will be good investment. Latest number shows retail part is oversubscribed.

    Reply
    • April 20, 2017 at 5:01 PM
      Permalink

      4.5 times to be precise

      Reply
  • April 19, 2017 at 11:35 AM
    Permalink

    is it a goog ipo to invest? and can we sell them on the day of listing?

    Reply
  • April 19, 2017 at 11:07 AM
    Permalink

    issue looks good to hold

    Reply
  • April 18, 2017 at 10:05 PM
    Permalink

    Without doubt, this is going to be a multibagger stock. Keep holding if you get shares.

    Reply
  • April 18, 2017 at 9:50 PM
    Permalink

    Please share review for short term apply or not?

    Reply
  • April 18, 2017 at 2:43 PM
    Permalink

    I want to know about this IPO Infobeans Technologies. Is this like normal IPO ?

    Why this company has 2000 share @ 58/- but the normal IPO was maximum 15,000/- rupees deposit.

    Whether this ipo is good or not please say whether I apply in this IPO.

    Reply
    • April 18, 2017 at 4:23 PM
      Permalink

      This is SME IPO, in which application is Rs. 100000/- an above, but in main board ipo’s, application size remains Rs. 15000+, it is the difference between SME and Main Board IPO.

      Reply
      • April 19, 2017 at 4:28 PM
        Permalink

        Hi ankit,

        how to apply for sme ipo??
        it is not coming in hdfc sec.

        thanks

        Reply
        • April 22, 2017 at 9:27 PM
          Permalink

          apply through bank of india net banking

          Reply
  • April 18, 2017 at 9:03 AM
    Permalink

    This is Fixed Price Issue….

    Take note that this issue being fixed price issue, make only one bid at Price of Rs. 58/- and should not tick on cut off option.

    Reply
    • April 24, 2017 at 10:12 AM
      Permalink

      Hi, I have applied for the same online, but i have ticked on cut-off option. Above you said should not tick on that. Please help me what is the difference? what will happen now?

      Thanks

      Reply
  • April 14, 2017 at 6:42 PM
    Permalink

    co remitting funds to subsi cos irrespective of continious loss

    Reply
    • April 15, 2017 at 12:33 PM
      Permalink

      One of the objective of the IPO is to invest in subsidaries for business growth. this is mentioned in the prospect

      Reply
    • April 18, 2017 at 9:02 AM
      Permalink

      Have you reviewed prospectus? Please see…. company has shown good growth and not incurred loss at all, remitting funds to subsidiary can be the expansions going on ……… as per my analysis

      Reply
  • April 14, 2017 at 6:38 PM
    Permalink

    why co has given dividend at 3-5% only in previews year

    Reply
    • April 15, 2017 at 1:17 PM
      Permalink

      What i understood info bean is a closely hold company and to avoid taxes divident pay is less. In past divident given is good

      Reply
  • April 14, 2017 at 10:36 AM
    Permalink

    36.8 crore is very big amount for SME IPO but valuation is attractive. It will be a hit and more popl will get allotment too..

    Reply
  • April 14, 2017 at 10:22 AM
    Permalink

    The objects of the Issue are:

    1. Acquisitions and Other Strategic Initiatives;
    2. Technical Development;
    3. Investment in their Subsidiaries
    4. Advertising and Sales Promotion;

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *