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Infonative Solutions IPO: Check allotment status, listing date and other details

Infonative Solutions IPO: Check allotment status, listing date and other detailsETMarkets.com

Infonative Solutions IPO, garnering over four times subscription, closed on Thursday with the share allotment process to be finalised today.

Synopsis
Infonative Solutions' IPO received strong interest, being oversubscribed over 4 times. The company aims to raise Rs 25 crore for developing new products and general corporate purposes. The allotment status can be checked on BSE and Kfin Technologies' websites. The shares are set to list at a Rs 5 premium.
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Infonative Solutions IPO managed to get a decent response for its IPO. The issue, which included a fresh equity sale of 31.28 lakh shares, was booked over 4 times at close. The IPO closed on Thursday and the company will finalise the share allotment process later today. Investors can check Infonative Solutions IPO allotment status through BSE and also via the registrar's website.
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Firstly, here's how you check Spinaroo Commercial IPO allotment on BSE


Step 1: Visit the BSE Website (https://www.bseindia.com/investors/appli_check.aspx)

Step 2: Please select the issue name, that is the company's name in the drop down.

Step 3: Enter the application number or PAN number to check the allotment status.

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Check Shri Infonative Solutions IPO allotment through Kfin Technologies


Step 1: Visit the Kfin Technologies website (https://ipostatus.kfintech.com/)

Step 2: Select Infonative Solutions IPO

Step 3:
Enter the PAN details and click search to know the status

Check Infonative Solutions GMP


Infonative Solutions GMP last seen is around Rs 5, which is a premium of 6% over the issue price. The IPO was priced at Rs 119 per share and the listing is scheduled on April 8.

Infonative Solutions IPO details


Infonative Solutions planned to raise Rs 25 crore through the public offer and will use the funds for development of new products, working capital requirements and general corporate purposes.

About Infonative Solutions


The company specializes in custom e-learning solutions, consulting, and ready-made course content. It also has its own Learning Management System (LMS) and expertise in instructional design, gamification, and immersive technologies like augmented and virtual reality for e-learning. Additionally, it develops software simulations to enhance digital training.

The company provides advanced e-learning services to Fortune 500 companies, Big 4 consulting firms, IT companies, educational institutions, edtech firms, and government agencies to maximize their learning impact.
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(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

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