Established in 2017, Integrity Infrabuild Developers Limited is a Class-A civil construction contractor registered with the Government of Gujarat. The company specializes in executing government infrastructure projects across the state and frequently engages subcontractors to strengthen its footprint in Gujarat’s construction industry.
As of March 31, 2025, the company holds ongoing contracts worth ₹20,598 lakhs, out of which ₹4,291 lakhs have been completed, while the balance ₹16,307 lakhs remains in its order book. The firm employs 53 full-time workers, including key managerial personnel (KMP), office staff, and project execution teams (comprising semi-skilled, unskilled laborers, and drivers).
Integrity Infrabuild Developers initial public offering (IPO) will open for subscription from May 13 to May 15, 2025, with a fixed price band of ₹100 per equity share. The allocation structure reserves 50% for retail investors and 50% for high-net-worth individuals (HNIs), with no quota for qualified institutional buyers (QIBs). The share allotment will be finalized on May 16, 2025, followed by listing on the NSE on May 20, 2025.
Financially, the company has demonstrated strong growth, with revenue increasing to ₹64.63 crores in 2024 from ₹45.23 crores in 2023. Similarly, profits surged to ₹0.95 crores in 2024, marking a significant jump from ₹0.29 crores in the previous year, reflecting improved operational efficiency and business expansion.
Integrity Infrabuild Developers IPO Details
| IPO Date | May 13, 2025 to May 15, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price | ₹100 per share |
| Lot Size | 1,200 Shares |
| Total Issue Size | Approx ₹12.00 Crores |
| Fresh Issue | Approx ₹12.00 Crores |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 31,00,000 shares |
| Share Holding Post Issue | 43,00,000 shares |
Integrity Infrabuild Developers IPO Dates
The initial public offering (IPO) of Integrity Infrabuild Developers will be available for subscription from May 13, 2025, to May 15, 2025.
| IPO Open Date | Tue, May 13, 2025 |
| IPO Close Date | Thu, May 15, 2025 |
| Tentative Allotment | Fri, May 16, 2025 |
| Refunds | Mon, May 19, 2025 |
| Credit of Shares to Demat | Mon, May 19, 2025 |
| IPO Listing Date | Tue, May 20, 2025 |
| UPI Mandate Confirmation Deadline | 5 PM on May 15, 2025 |
Integrity Infrabuild Developers IPO Market Lot
The minimum market lot for Integrity Infrabuild Developers’ IPO is 1,200 shares, requiring an application amount of ₹1,20,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹1,20,000 |
| Retail Maximum | 1 | 1200 | ₹1,20,000 |
| S-HNI Minimum | 2 | 2,400 | ₹2,40,000 |
