Integrity Infrabuild Developers IPO

"A new opportunity in Gujarat's infrastructure sector is on the horizon!"

Company Overview

Established: Originally formed as M/s Dipak J. Gandhi in 2017; rebranded to Integrity Infrabuild in 2023. Incorporation: Converted to a public limited company on June 1, 2024. Headquarters: Vadodara, Gujarat. Specialization: Civil construction projects including roads, buildings, and bridges for government contracts.

IPO Snapshot

IPO Type: Fixed Price Issue under SME category. Exchange: NSE Emerge. Issue Size: Up to 12,00,000 equity shares of ₹10 each. Market Maker Reservation: 67,200 equity shares. Net Issue: 11,32,800 equity shares. Post-Issue Shareholding: Issue constitutes 27.91% of post-issue paid-up capital

Financial Highlights

Revenue (Annualized): ₹38.04 Crores. Profit After Tax: ₹0.28 Crores. Authorized Capital: ₹4.5 Crores. Paid-Up Capital: ₹3.1 Crores.

IPO Objectives

Capital Expenditure: Purchase of machinery and equipment. Working Capital: Funding day-to-day operational needs. Corporate Purposes: General corporate activities to support growth.

Market Position

Industry: Infrastructure and civil construction. Operations: Primarily in Gujarat, focusing on government projects. Competitive Edge: Class-A contractor status with the Government of Gujarat.

company promoter

Keyurkumar Sheth – Managing Director Disha Keyurkumar Sheth – Whole-Time Director Rajendrakumar Natvarlal Sheth – Non-Executive Director