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InfoBeans Technologies Ltd IPO (InfoBeans Technologies IPO) Detail

April 18, 2017 - April 21, 2017

InfoBeans Technologies IPO is a fixed price issue of Rs 36.78 crores.

InfoBeans Technologies IPO bidding started from April 18, 2017 and ended on April 21, 2017. The shares got listed on NSE SME on May 2, 2017.

InfoBeans Technologies IPO price is ₹58 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹116,000.

Sarthi Capital Advisors Private Limited is the book running lead manager of the InfoBeans Technologies IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to InfoBeans Technologies IPO RHP for detailed information.

InfoBeans Technologies IPO Details

IPO Date April 18, 2017 to April 21, 2017
Listing Date May 2, 2017
Face Value ₹10 per share
Price ₹58 per share
Lot Size 2000 Shares
Total Issue Size6,342,000 shares
(aggregating up to ₹36.78 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME

InfoBeans Technologies IPO Lot Size

Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 2000 ₹116,000
Retail (Max) 1 2000 ₹116,000
Lot Size Calculator

About InfoBeans Technologies Ltd

Incorporated in 2011, InfoBeans Technologies Ltd (ITL) is software services company which develops and maintains computer software in India and internationally. ITL’s services can be broadly categorized as storage & Virtualization, Media & Publishing and eCommerce.

Company offers automated testing services; enterprise cloud solutions to automate operations, such as IT helpdesk, asset management, enterprise service management, and virtual support workflow; UX and UI design services; and custom application development services, including application development, maintenance and support, migration, re-engineering and modernization, and quality assurance services. They also provides distributed storage systems; publishing services for web, mobile, and print, as well as format conversion services; and e-commerce solutions. In addition, the company offers hard-ware products.

In India it operates out of 2 facilities in Indore and Pune employing more than 600 people across locations. As the company has prominence in exports, it has established local presence in the North American market by way of a 100% subsidiary, which has 2 offices located in California & Georgia, USA. ITL is ServiceNow partner for implementing their software.

Company Financials

Summary of financial Information
Particulars For the year/period ended (in Rs. Million)
31-Dec-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
Total Assets 5,522.11 4,689.08 3,108.49 2,626.36 1,446.98 1,004.64
Total Revenue 5,068.47 6,206.02 3,535.18 3,311.47 2,190.29 1,581.70
Profit After Tax (PAT) 715.83 1,356.11 542.56 913.57 435.83 255.60

Objects of the Issue (InfoBeans Technologies IPO Objectives)

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;
5. General Corporate Purposes;
6. Issue Expenses.

InfoBeans Technologies IPO Review (May apply)

[Dilip Davda]  Cash surplus Investors may consider investment for long term as issue appears to have been fully priced. Read detail review...

InfoBeans Technologies IPO Subscription Status (Bidding Detail)

The InfoBeans Technologies IPO is subscribed times on April 21, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

InfoBeans Technologies IPO Prospectus

InfoBeans Technologies IPO Rating

Rating:Rated 3.8 stars
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InfoBeans Technologies IPO Listing Details

Listing Date May 2, 2017
BSE Script Code
ISIN INE344S01016
Final Issue Price ₹58 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

InfoBeans Technologies Ltd Contact Details

InfoBeans Technologies Ltd
Rafael Tower 8/2,
Old Palasia Indore – 452001
Phone: +91- 731- 6704000

InfoBeans Technologies IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

InfoBeans Technologies IPO - Buy or Not

InfoBeans Technologies IPO Recommendation Summary

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Members 0 0 0

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InfoBeans Technologies IPO FAQs

InfoBeans Technologies IPO is a SME IPO of 6,342,000 equity shares of the face value of ₹10 aggregating up to ₹36.78 Crores. The issue is priced at ₹58 per share. The minimum order quantity is 2000 Shares.

The IPO opens on April 18, 2017, and closes on April 21, 2017.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The InfoBeans Technologies IPO opens on April 18, 2017 and closes on April 21, 2017.

InfoBeans Technologies IPO lot size is 2000 Shares, and the minimum amount required is ₹116,000.

You can apply in InfoBeans Technologies IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for InfoBeans Technologies IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the InfoBeans Technologies IPO allotment status.

The InfoBeans Technologies IPO listing date is on May 2, 2017.
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InfoBeans Technologies IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



215. A C PATEL |   Link |  Bookmark |May 27, 2017 4:34:37 PM
Prabhakaranji please share your view about infobeans results f.y. 2016-17
214. A C PATEL |   Link |  Bookmark |May 27, 2017 11:31:09 AM
Please review results published on nse sme I m new to this site
213. Mr.Manglani |   Link |  Bookmark |May 9, 2017 2:58:34 PM
Sir ab kaya ho GA ?
212. Prabhakaran Kuppusamy |   Link |  Bookmark |May 9, 2017 10:39:31 AM (400+ Posts, 300+ Likes)
I''m not an expert like gala-ji or IPOANALYSIS or Eagleye-ma''am;
I''m just a 26 year old beginner working as data-analyst for Europe based investment banker (mostly identifying trade frauds and manipulation) and an author of two technical books for UK based publisher (Packt).
Based on my own software tools and indicators, I decide.what to do.
NOM and Cheers.
212.1. Prabhakaran Kuppusamy |   Link |  Bookmark |May 9, 2017 10:41:12 AM (400+ Posts, 300+ Likes)
Sorry. wrong window.
211. kmsbks |   Link |  Bookmark |May 5, 2017 10:47:16 PM
What to do with infobeans? Should i hold or sell. Near future whether it will go up?Can anyone guide properly?
210. Vimaldangi |   Link |  Bookmark |May 5, 2017 10:10:41 AM
People here are more knowledgeable than me... Kindly advise on infobeans ipo. Will it go up or not
210.1. jkmittal |   Link |  Bookmark |May 5, 2017 3:56:24 PM
Sooner or later
It will bounce back.
Crisil rating 4.
Subscribed heavily.
210.2. jkmittal |   Link |  Bookmark |May 17, 2017 1:03:50 PM
Bounced back
209. AKMP |   Link |  Bookmark |May 5, 2017 10:03:17 AM
check the history of SME IPO
Large sme ipo > 5 to 10 crores never gives you high returns
209.1. AKMP |   Link |  Bookmark |May 5, 2017 10:04:28 AM
209.2. Allan |   Link |  Bookmark |May 5, 2017 10:23:27 AM (200+ Posts)
cant be generalised, Airan, Eurofresh, Panache and even creative were > 10 Cr and did decently well....Listing gains were there boils down to ur exit timing. ....Again we are used to 2 to 3 circuits for these IPOs that get oversubscribed more than 10 times which didnt happen in this case of Infobeans
208. AKMP |   Link |  Bookmark |May 5, 2017 10:01:07 AM
207. Allan |   Link |  Bookmark |May 4, 2017 10:27:12 AM (200+ Posts)
The 2nd day performance yesterday was a disappointment, i was expecting it to be in circuit as many experts here had predicted a 20rs premium, but it didnt live to that, with the kind of subscription interest shown this has been a disappointment and i am holding this hoping it touches some thing in the 80s.....Members please comment if this is a good idea.
207.1. AKMP |   Link |  Bookmark |May 4, 2017 2:56:27 PM
207.2. Allan |   Link |  Bookmark |May 4, 2017 3:38:46 PM (200+ Posts)
What levels do u reckon this will fall to....
206. KMB |   Link |  Bookmark |May 3, 2017 8:52:30 PM
I am holding allotment of infobeans technologies .what to do ,sell/hold
206.1. Kn |   Link |  Bookmark |May 3, 2017 9:14:09 PM
SchAnd allotment please. Allotment ratio
205. deepak bafna |   Link |  Bookmark |May 3, 2017 12:51:54 PM
Closing price ? Today
204. Komall |   Link |  Bookmark |May 3, 2017 10:49:22 AM
It will be closed on a positive note..
The fearful people have sold it, now it will go into positive zone and in few sessions should reach to 98 level.
203. AKMP |   Link |  Bookmark |May 3, 2017 9:51:52 AM
202. NEMICHAND BOTHRA |   Link |  Bookmark |May 3, 2017 8:47:01 AM
Infobeam today''s target
202.1. pavan sharma |   Link |  Bookmark |May 3, 2017 8:52:01 AM
Again 20% Upper circut expected. Soon it is expected to be in 3 DIGITS
201. pritig |   Link |  Bookmark |May 2, 2017 9:22:31 AM
20 % Upper
200. Rahule |   Link |  Bookmark |May 1, 2017 4:08:15 PM
Focus sme at 135 issue price is 45 buyer pack
199. shah ashish |   Link |  Bookmark |April 30, 2017 11:23:01 PM

What to do with infobean shares on listing, please advise.Listing in tuesday
199.1. Wertydj |   Link |  Bookmark |May 1, 2017 10:17:47 AM
I have confirmed, it will be 20% up on first and second trading day at least.
198. deepak bafna |   Link |  Bookmark |April 30, 2017 10:52:59 PM
Any guess for listing price....1 St day..& on 3-5 days after
197. basandani''''s |   Link |  Bookmark |April 30, 2017 9:57:08 AM
i want to sell my allotted application of info beans tell me the price
197.1. KAUSHIK SHAH |   Link |  Bookmark |April 30, 2017 2:17:19 PM
I also want to sell @Rs25 premium. As FII have shown interest in IPO, it may cross Rs 100 within 6 months
196. deepz |   Link |  Bookmark |April 30, 2017 1:12:25 PM
infobeans gmp today