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Infurnia Holdings IPO

Infurnia Holdings Limited Logo

Infurnia Holdings IPO incorporated in 2014, Infurnia Holdings Limited, is an architecture and interior design software company. The company owns, developed and operates a cloud-based platform that allows professionals to design buildings, interiors, and modular kitchens.

The following can be achieved using Infurnia’s design software: Floorplan Design, 3D Building Information Modelling Design, Elevation Drawings, Photorealistic renderings, Design Documentation, Powerful pricing quotation module, Design Version Control and Design Branching and Provides a powerful admin portal along with the core design software,

The company will list on STARTUPS Platform of BSE Limited (“BSE STARTUPS”). The BSE Startups Platform provides a welcoming environment for entrepreneurs and investors, enabling the listing of SMEs from India’s dispersed unorganised sector into a regulated and organised sector. BSE Ltd has set up the BSE Startups Platform as per the rules and regulations laid down by SEBI.

Infurnia’s first product was released in 2015 – a web-based 3d wardrobe configurator.

In 2016, Infurnia started offering modular kitchen designs, but within a cuboidal-shaped room only. The solution was marketed and sold door-to-door to about 30 modular kitchen shops across India’s 8 largest metro towns.

In 2018, the scope of the software was further enhanced to designing of multi-floored apartments along with staircases, etc. Infurnia was no more merely an interior design application, but architectural building designs could also be done.

Competitive Strengths :

  • Strong team with deep technical experience.
  • Cloud-first and collaboration-focused software.
  • Disruptive Pricing.
  • Multi-platform Technology.
  • Modern API and data-first solutions, rather than file-based ones.

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
Amount in ₹ Lakhs

Objects of the Issue

The Objects of the Issue are:

A. Investment in our wholly owned Subsidiary Company for expansion of business

B. To meet the Issue Expenses

C. General Corporate Purposes

Infurnia Holdings IPO Details

Infurnia Holdings IPO DateSep 6, 2022 to Sep 9, 2022
Infurnia Holdings IPO Face Value₹1 per share
Infurnia Holdings IPO Price₹10 per share
Infurnia Holdings IPO Lot Size10000 Shares
Issue Size38,200,000 shares of ₹1
(aggregating up to ₹38.20 Cr)
Fresh Issue38,200,000 shares of ₹1
(aggregating up to ₹38.20 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME
NII (HNI) Shares Offered50% of the net offer
Retail Shares Offered50% of the net offer
Company PromotersMr. Nikhil Kumar and Mr. Lovepreet Mann are the company promoters.

Infurnia Holdings IPO Timeline

IPO opens on Sep 6, 2022, and closes on Sep 9, 2022. The IPO bid date is from Sep 6, 2022 10.00 A.M. to Sep 9, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.

Infurnia Holdings IPO Opening DateSep 6, 2022
Infurnia Holdings IPO Closing DateSep 9, 2022
Basis of AllotmentSep 14, 2022
Initiation of RefundsSep 15, 2022
Credit of Shares to DematSep 16, 2022
Infurnia Holdings IPO Listing DateSep 19, 2022

IPO Lot Size

The IPO lot size is 10000 shares. A retail-individual investor can apply for up to 2 lots (20000 shares or ₹200,000).

Retail (Min)110000₹100,000
Retail (Max)220000₹200,000

IPO Promoter Holding

Pre Issue Share Holding56.67%
Post Issue Share Holding41.75%

IPO Prospectus

Company Contact Information

Infurnia Holdings Limited
2 nd Floor, No. 343,
1st B Main 7th Block, Koramangala Layout,
Phone: +91 95137 66606
Email: [email protected]

IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: [email protected]

IPO Broker Recommendations

  • Dilip Davda – Avoid

IPO Lead Manager(s)

  1. Finshore Management Services Limited