Integrity Infrabuild Developers IPO description – Integrity Infrabuild Developers is a civil contracting company registered as a Class-A contractor with the Government of Gujarat. The company specializes in providing contracting and subcontracting services for various government projects, including road construction, building construction, and bridge development. Before 1 June 2024, the company operated as a partnership firm.
Headquartered in Gujarat, Integrity Infrabuild Developers manages all its project sites within the state. The company primarily handles construction activities as a direct contractor for government projects in Gujarat, while also frequently subcontracting work to other contractors. Since the fiscal year 2022 – 23, the company has completed 111 projects with a total contract value of INR 213.37 crore, including 103 road projects and 8 building constructions.
The company’s revenue from operations has grown significantly, rising from INR 33.42 crore in Fiscal 2022 to INR 64.47 crore in Fiscal 2024, reflecting a compound annual growth rate (CAGR) of 38.89%. As of 31 March 2025, the company’s order book, which includes the total value of ongoing projects after deducting the billed construction work, stands at INR 205.98 crore. The company employs 53 full-time staff as of the same date.
Promoters of Integrity Infrabuild Developers – Mr. Keyurkumar Sheth, Mr. Rajendrakumar Sheth, and Ms. Disha Keyurkumar Sheth
Table of Contents
Integrity Infrabuild Developers IPO Details
| Integrity Infrabuild Developers IPO Dates | 13 – 15 May 2025 |
| Integrity Infrabuild Developers Issue Price | INR 100 per share |
| Fresh issue | 12,00,000 shares (INR 12 crore) |
| Offer For Sale | NIL |
| Total IPO size | 12,00,000 shares (INR 12 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 1,20,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE EMERGE |
Integrity Infrabuild Developers Financial Performance
| FY 2022 | FY 2023 | FY 2024 | 9M FY 2025 | |
| Revenue | 33.42 | 45.19 | 64.47 | 68.90 |
| Expenses | 33.05 | 44.81 | 63.15 | 66.36 |
| Net income | 0.30 | 0.29 | 0.95 | 1.94 |
Integrity Infrabuild Developers Offer News
- Integrity Infrabuild Developers RHP
- Integrity Infrabuild Developers Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Integrity Infrabuild Developers Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 0.97 | 0.95 | 3.06 |
| PE ratio | – | – | 32.68 |
| RONW (%) | 11.74 | 16.51 | 30.60 |
| NAV | 8.23 | 5.75 | 10.00 |
| ROCE (%) | 8.04 | 12.80 | 13.14 |
| EBITDA (%) | 4.81 | 5.82 | 5.54 |
| Debt/Equity | 2.55 | 2.93 | 3.60 |
Integrity Infrabuild Developers IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Integrity Infrabuild Developers IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 5,66,400 | 5,66,400 | 11,32,800 |
| 15 May 2025 | 2.21 | 2.26 | 2.23 |
| 14 May 2025 | 0.97 | 1.19 | 1.08 |
| 13 May 2025 | 0.70 | 0.55 | 0.63 |
The market maker reservation portion of 67,200 shares is not included in the above calculations.
Integrity Infrabuild Developers IPO Allotment Status
Integrity Infrabuild Developers IPO allotment status is now available on MUFG Intime’s website. Click on MUFG Intime IPO weblink to get allotment status.
Integrity Infrabuild Developers IPO Dates & Listing Performance
| IPO Opening Date | 13 May 2025 |
| IPO Closing Date | 15 May 2025 |
| Finalization of Basis of Allotment | 16 May 2025 |
| Initiation of refunds | 19 May 2025 |
| Transfer of shares to demat accounts | 19 May 2025 |
| IPO Listing Date | 20 May 2025 |
| Opening Price on NSE SME | INR 100.80 per share (up 0.80%) |
| Closing Price on NSE SME | INR 103.50 per share (up 3.50%) |
Integrity Infrabuild Developers Offer Lead Manager
ARYAMAN FINANCIAL SERVICES LIMITED
60, Khatau Building, Ground Floor,
Alkesh Dinesh Modi Marg, Fort, Mumbai – 400 001
Phone: +91 22 – 6216 6999
Email: [email protected]
Website: www.afsl.co.in
Integrity Infrabuild Developers Offer Registrar
MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com
Integrity Infrabuild Developers Issue Contact Details
INTEGRITY INFRABUILD DEVELOPERS LIMITED
Office No-02, Indiabulls, Mega Mall, Jetalpur Road,
Akota, Vadodara 390020, Gujarat
Phone: +91 87340 92229
E-mail: [email protected]
Website: www.integrityinfrabuild.com
IPO FAQs
What is Integrity Infrabuild Developers offer size?
Integrity Infrabuild Developers offer size is INR 12 crores.
What is Integrity Infrabuild Developers offer price band?
Integrity Infrabuild Developers public offer price is INR 100 per share.
What is the lot size of Integrity Infrabuild Developers IPO?
Integrity Infrabuild Developers offer lot size is 1,200 shares.
What is Integrity Infrabuild Developers IPO GMP today?
Integrity Infrabuild Developers IPO GMP today is INR NA per share.
What is Integrity Infrabuild Developers kostak rate today?
Integrity Infrabuild Developers kostak rate today is INR NA per application.
What is Integrity Infrabuild Developers IPO Subject to Sauda rate today?
Integrity Infrabuild Developers’s Subject to Sauda rate today is INR NA per application.