Infra.Market IPO — Key Details
PlannedConfidential RouteIndia
Proposed Issue Size (Indicative)
~ ₹5,000 crore
Structure (Expected)
Fresh + OFS (approx. 50:50)
Recent Valuation (Indicative)
~ ₹24,147 crore (~$2.8B)
FY24 Revenue (Indicative)
~ ₹14,530 crore
| Parameter | Detail |
|---|---|
| Filing Route | Confidential filing; detailed terms not yet public |
| Use of Proceeds | Fresh issue expected to fund growth; OFS provides liquidity to existing holders |
| Status of Price Band / Dates | Not announced yet |
| Registrar / Lead Managers | To be disclosed |
| GMP (Grey Market Premium) | Not applicable yet / not tracked |
Business Snapshot
- Tech-enabled building materials platform spanning >15 product categories (e.g., concrete, tiles, paints).
- Operates across B2B and retail channels, with recent pre-IPO funding and additional debt lines.
Recent Developments
- Filed for IPO via confidential route; media indicates ~₹5,000 cr size.
- Pre-IPO funding (~₹732 cr) from promoters and existing investors.
- Additional ~$50m debt from MARS Growth Capital (total support ~$150m).
- Rating action: moved to BBB+ / Negative outlook, highlighting liquidity and working-capital pressures.
What’s Pending
- Price band, lot size, quotas (QIB/HNI/Retail), and timetable.
- Final issue structure and updated financials at the time of red herring prospectus.
Note: This is a concise, original summary intended for quick reading. Figures marked “indicative/expected” reflect current reporting and may change when official documents are published.
Last updated: 01 Oct 2025 (IST)
