Infonative Solutions Reports No Deviation in Rs 24.71 Crore IPO Fund Utilization
Infonative Solutions Limited, an e-learning content developer, has confirmed proper utilization of its SME IPO funds raised in April 2025. The company raised Rs 24.71 crore through 31,28,000 equity shares at Rs 79 per share. Out of the total, Rs 12.38 crore has been utilized, with Rs 12.33 crore remaining. Funds were allocated for product development, working capital, public issue expenses, and corporate purposes. For the half-year ended September 30, 2025, the company reported total income of Rs 1,265.19 lakhs and net profit of Rs 151.63 lakhs, with an EPS of Rs 1.29. The company's revenue is split between domestic (Rs 921.94 lakhs) and export (Rs 285.30 lakhs) markets.
*this image is generated using AI for illustrative purposes only.
Infonative Solutions Limited, a company specializing in developing and designing e-learning content, has confirmed that there have been no deviations in the utilization of funds raised through its Small and Medium Enterprise (SME) Initial Public Offering (IPO) conducted in April 2025. The company raised a total of Rs 24.71 crore through the issuance of 31,28,000 equity shares at Rs 79 per share, including a premium of Rs 78 per share.
Fund Allocation and Utilization
According to the statement reviewed by the Audit Committee, Infonative Solutions has utilized Rs 1,238.34 lakhs (approximately Rs 12.38 crore) out of the total raised amount. The remaining Rs 1,232.78 lakhs (approximately Rs 12.33 crore) is yet to be utilized. The funds were allocated across various purposes, as detailed in the following table:
| Purpose | Original Allocation (Rs in Lakhs) | Amount Utilized (Rs in Lakhs) | Unutilized Amount (Rs in Lakhs) |
|---|---|---|---|
| Development of New Product, Courses and New Features in LMS and Purchase of Laptops | 735.21 | 615.39 | 119.82 |
| Working Capital Requirement | 500.67 | 205.00 | 295.67 |
| Public Issue Expenses | 417.95 | 417.95 | 0.00 |
| General Corporate Purpose and unidentified acquisitions | 817.29 | 0.00 | 817.29 |
Financial Performance
For the half-year ended September 30, 2025, Infonative Solutions reported:
- Total income of Rs 1,265.19 lakhs, compared to Rs 1,142.30 lakhs in the same period last year
- Net profit of Rs 151.63 lakhs, down from Rs 364.48 lakhs in the corresponding period of the previous year
- Earnings per share (EPS) of Rs 1.29, compared to Rs 4.18 in the same period last year
Business Segments and Revenue Distribution
The company operates primarily in the segment of developing and designing e-learning content. Its revenue is distributed across domestic and export markets:
| Location | Half Year Ended 30-Sep-25 (Rs in lakhs) |
|---|---|
| Domestic | 921.94 |
| Export | 285.30 |
| Total | 1,207.24 |
Corporate Governance
The unaudited financial results for the half-year ended September 30, 2025, have been reviewed by the Audit Committee and approved by the Board of Directors. The company's statutory auditors have conducted a limited review of these results, and no material discrepancies were reported.
Infonative Solutions continues to maintain transparency in its operations, with no pending investor complaints as of September 30, 2025. The company's commitment to proper fund utilization and timely disclosures reflects its adherence to good corporate governance practices.
Investors and stakeholders can access the detailed financial results on the company's website (infonative.net) and the BSE India website ( www.bseindia.com ).
Historical Stock Returns for Infonative Solutions
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.15% | -13.91% | +9.22% | -5.89% | -42.79% | -42.79% |
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