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Infra.Market has filed its DRHP with SEBI for a ₹5,000 crore IPO via a confidential route.
The Bengaluru-based company has a digital platform for easy procurement of building and construction materials. They offer a wide range of products like tiles, sanitaryware, pipes, and cement to both manufacturers and retail customers.
The deets: the company will reportedly have an equal split of equity shares and offer-for-sale.
This IPO adds one more to the list of companies who are choosing the confidential route to enter the public market. This signals prudence from the companies as they want to navigate the post-IPO climate carefully.
With India’s construction market set to grow at 6.87%, Infra.Market can leverage its strengths to ensure sustained growth post debut.
