Infonative Solutions IPO – Day 4 Subscription at 1.82 Times

Categories: Markets

April 3, 2025

Infonative Solutions’ initial public offering (IPO) has shown steady progress through its four-day subscription period. The ₹24.71 crore IPO has witnessed consistent growth in demand, with subscription rates advancing from 0.52 times on day one, improving to 0.79 times on day two, reaching 1.34 times on day three, and closing at 1.82 times by 11:09 AM on the final day, demonstrating solid investor interest in this e-learning solutions provider that specializes in custom learning development for corporate and educational sectors.

Infonative Solutions IPO retail segment leads with an impressive 2.17 times subscription, while non-institutional investors have also crossed full subscription at 1.18 times and qualified institutional buyers show no participation at 0 times, reflecting particularly strong retail investor confidence in this company that develops bespoke e-learning solutions, consulting services, courseware, and off-the-shelf content for Fortune 500 companies and other clients.

Subscription Status of Infonative Solutions IPO:

Date	QIB	NII	Retail	Total
Day 1 (Mar 28)	0.00	0.03	0.72	0.52
Day 2 (Apr 1)	0.00	0.35	1.00	0.79
Day 3 (Apr 2)	0.00	0.84	1.61	1.34
Day 4 (Apr 3)	0.00	1.18	2.17	1.82

Here are the subscription details for Infonative Solutions IPO as of Day 4 (April 3, 2025, 11:09 AM):

Investor Category	Subscription (times)	Shares Offered	Shares bid for	Total Amount (Rs Cr.)
Market Maker	1.00	1,56,800	1,56,800	–
Qualified Institutions	0.00	1,60,000	0	0
Non-Institutional Buyers	1.18	7,04,001	8,30,400	0
Retail Investors	2.17	21,07,200	45,68,000	0
Total	1.82	29,71,201	53,98,400	3,333

Note:

“Shares Offered” and “Total Amount” are calculated based on the upper price of the issue price range.
The portions of anchor investors and market maker are not included in the total shares offered.

Infonative Solutions IPO – Day 4 Subscription

Key Highlights:

Overall subscription closed at 1.82 times, showing strong final day momentum
Retail investors demonstrated exceptional interest at 2.17 times subscription, leading overall demand
NII segment crossed full subscription at 1.18 times, showing continued growth through final day
QIB segment maintained zero participation throughout the subscription period
Total applications reached 3,333, showing widespread retail investor participation
Final day continued the steady upward trajectory seen throughout the subscription period
Retail segment dominated the subscription with 45.68 lakh shares bid for, representing 85% of total bids

Infonative Solutions IPO – Day 3 Subscription at 1.34 Times

Key Highlights:

Overall subscription crossed full subscription milestone at 1.34 times
Retail investors showed strong enthusiasm at 1.61 times subscription, leading overall demand
NII segment approached full subscription at 0.84 times, showing significant improvement
QIB segment maintained zero participation for the third consecutive day
Total applications reached 2,429, indicating focused retail investor participation
Cumulative bid amount reached ₹31.45 crores, exceeding the issue size
Retail segment drove overall subscription with ₹26.77 crores in bids, representing 85% of total bids

Infonative Solutions IPO – Day 2 Subscription at 0.79 Times

Key Highlights:

Overall subscription improved to 0.79 times, showing substantial growth from day one
Retail investors reached full subscription at 1.00 times, showing strong individual investor confidence
NII segment showed improved interest at 0.35 times, significant growth from day one’s 0.03 times
QIB segment maintained zero participation, unchanged from day one
Day two momentum built steadily toward full subscription milestone
Market response indicated strong retail interest in e-learning solutions sector
Custom learning development expertise attracted attention from individual investors

Infonative Solutions IPO – Day 1 Subscription at 0.52 Times

Key Highlights:

Overall subscription opened at moderate 0.52 times, showing solid initial investor approach
Retail investors began with strong interest at 0.72 times, showing promising early participation
NII segment showed minimal initial interest at 0.03 times, reflecting cautious evaluation
QIB segment showed no participation on opening day
Opening day demonstrated selective investor engagement concentrated in retail segment
Initial momentum reflected positive assessment of e-learning solutions sector opportunity
Custom learning development expertise drew selective interest from retail investors

About Infonative Solutions Limited

Founded in 2014, Infonative Solutions Limited specializes in custom learning development solutions for corporate and educational sectors. The company designs and develops e-learning content and services, including cloud-based learning management systems (LMS) and related products with expertise in instructional design, gamification, AR/VR-based content, and software simulations.

Financial performance shows solid results with revenue of ₹18.08 crores in FY2024 and profit of ₹1.45 crores, while the six months ended September 2024 showed improved performance with revenue of ₹11.42 crores and profit of ₹3.64 crores. With 157 employees as of September 2024, the company’s competitive strengths include their experienced promoters and qualified management, scalable business model, commitment to meeting market needs, and expanding off-the-shelf library of content.