INFOBAY AI LIMITED
vs. prev. close ₹4,09,500
52W High
₹4,28,000
52W Low
₹2,45,000
Market cap
₹1,011 Cr
IPO stage
No DRHP filed
Risk level
Moderate
CIN
U74999UP2016PLC088614
Price History
52W High
₹4,28,000
52W Low
₹2,45,000
About INFOBAY AI LIMITED
Infobay AI more than doubled revenue to ₹107.78 Cr in FY26, with PAT up over 3x to ₹48.62 Cr.
The Short Version :
Infobay AI Limited (formerly EduGorilla Community Private Limited) is an education-technology company building learning resources for students and professionals preparing for competitive exams and academic assessments. FY26 revenue grew to ₹107.78 Cr from ₹49.70 Cr in FY25, more than doubling, while PAT reached ₹48.62 Cr against ₹16.27 Cr the year before. Return on equity stands at 55.23% on a closing-equity basis. The company remains unlisted, with equity, preference, and ESOP layers in its capital structure.
Why It Trades Where It Does :
The desk price implies a P/E of 15.61 and a P/B of 8.62, consistent with each other on a closing-equity basis. There is no direct listed peer in Indian test-prep and academic edtech at comparable scale, so the read here leans on the company's own growth trajectory: revenue and PAT have both scaled sharply over three consecutive years, supporting a premium multiple relative to a slower-growing services business. Buyers should treat this as a growth-stage valuation, not a mature-earnings one; a slowdown in the current pace of revenue growth is the single biggest swing factor for these multiples.
Top Risks :
Revenue growth has been driven by a small number of recent years; sustaining a 100%+ growth rate gets structurally harder as the base grows.
Capital structure carries CCPS and ESOP layers that dilute equity holders on conversion, which isn't yet reflected in the year-end share count used here.
No listed peer exists for direct market-based valuation checks, so pricing depends more on buyer judgment than on comparable trading data.
Top Opportunities :
PAT more than tripled between FY25 and FY26, with margins expanding alongside revenue rather than lagging it.
Return on equity above 55% signals efficient use of capital in a still asset-light, scalable business model.
Competitive-exam and academic test-prep demand in India remains structurally large and underpenetrated by organized players.
Disclaimer :
Priveq.in is an informational platform for unlisted and pre-IPO shares, operated by Priveq Investech Private Limited (the named counterparty on transactions). Unlisted shares carry risks including illiquidity, valuation uncertainty, and limited regulatory disclosure. This page is informational only and does not constitute investment advice.
Company Details
Industry
EdTech & AI Data Services
Founded
2016
Headquarters
Farrukhabad, Uttar Pradesh, India
Min Lot Size
1
Face Value
₹10.00
Total Shares
23355
Regulatory Information
Corporate Identity Number (CIN)
U74999UP2016PLC088614
PAN Number
AAECE4977H
ISIN
INE0SE901014
Depository
NSDL & CDSL
Key Valuation Ratios
Valuation
Market Cap
₹1,011.15 Cr
P/E Ratio
20.80×
P/S Ratio
9.38×
P/B Ratio
11.48×
EV / EBITDA
14.66×
Returns & Per Share
ROE
55.22%
EPS
₹19,618.25
Book Value / Share
₹35,528.39
Solvency
Debt / Equity
0.00×
Interest Coverage
—
Company Fundamentals
As of FY2026 Annual · updated 28 Sept 2026Gross Profit
₹106.51 Cr
EBITDA
₹68.70 Cr
Revenue Growth
122.66%
Profit Margin
45.11%
Performance Trends
3 annual periods · derived from filed statements
Revenue
₹ Cr
Net Profit
₹ Cr · losses in red
Earnings Per Share
₹ per share
Return on Equity
ROE %
Return on Capital Employed
ROCE %
Debt-to-Equity
0.00×
EBITDA Margin
63.74%
Financial Statements
| Line item | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Total Income | |||
| Revenue from operationsDisclosed | 11.41₹ Crore | 48.41₹ Crore | 107.78₹ Crore |
| Other incomeDisclosed | 56.3₹ Lakh | 1.3₹ Crore | 5.31₹ Crore |
| Total IncomeDerived | 11.98₹ Crore | 49.7₹ Crore | 113.09₹ Crore |
| Expenses | |||
| Cost of goods soldDisclosed | 1.87₹ Crore | 3.66₹ Crore | 1.27₹ Crore |
| Employee benefits expenseDisclosed | 2.84₹ Crore | 3.36₹ Crore | 6.22₹ Crore |
| Finance costsDisclosed | — | 1₹ Thousand | 0₹ Crore |
| Depreciation and amortization expenseDisclosed | 3.13₹ Crore | 3.71₹ Crore | 3.53₹ Crore |
| Other expensesDisclosed | 4.71₹ Crore | 16.2₹ Crore | 36.89₹ Crore |
| Total ExpensesDerived | 12.54₹ Crore | 26.93₹ Crore | 47.92₹ Crore |
| Profit | |||
| Profit before taxDerived | -56₹ Lakh | 22.77₹ Crore | 65.17₹ Crore |
| Tax expenseDisclosed | -37₹ Lakh | 6.5₹ Crore | 16.55₹ Crore |
| Profit After TaxDerived | -19₹ Lakh | 16.27₹ Crore | 48.62₹ Crore |
| Total Comprehensive IncomeDerived | -19₹ Lakh | 16.27₹ Crore | 48.62₹ Crore |
Rohit Manglik
Founder & CEO
12+
Shashwat Vikram
Co-Founder & CTO
12+
Pushpa Manglik
Director
10+
Our research on this company
Express buy interest
No commitment — the desk will reach out
Current Price
₹4,08,000Secure & Verified Transaction
Unlisted shares are illiquid and carry higher market risks. Please read the Risk Disclosure before investing.
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About INFOBAY AI LIMITED unlisted shares
Indicative · updated dailyINFOBAY AI LIMITED unlisted share price today
INFOBAY AI LIMITED unlisted share price today is ₹4,08,000 as of 18 October 2026.
INFOBAY AI LIMITED — frequently asked questions
- What is the grey market price for INFOBAY AI LIMITED?
No IPO is currently announced for INFOBAY AI LIMITED, so no grey market exists; the price above reflects Priveq's own desk valuation.
- Has INFOBAY AI LIMITED filed for an IPO, and when might it list?
INFOBAY AI LIMITED has not filed a draft red herring prospectus, so no IPO is currently announced and no listing date has been set.
- How does INFOBAY AI LIMITED compare to its listed peers?
There is no closely comparable listed company for INFOBAY AI LIMITED in India today.
- Is INFOBAY AI LIMITED on the SME or Mainboard IPO track?
INFOBAY AI LIMITED has not filed a draft red herring prospectus, so no IPO track is set yet.
- What is INFOBAY AI LIMITED's CIN and registered office?
INFOBAY AI LIMITED's Corporate Identity Number is U74999UP2016PLC088614, registered at Farrukhabad, Uttar Pradesh, India.
- What is INFOBAY AI LIMITED's market capitalisation?
INFOBAY AI LIMITED's market capitalisation is approximately ₹1,011 crore, based on its current unlisted share price.
More in EdTech & AI Data Services
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Applies to every company on Priveq- How do I buy INFOBAY AI LIMITED unlisted shares?
Priveq Investech Private Limited is the named counterparty on every transaction. To buy INFOBAY AI LIMITED unlisted shares: complete KYC once (PAN, Aadhaar, bank details, and demat account information — SEBI-compliant, typically approved within 24 hours), then submit your order through your Priveq dashboard specifying quantity. Our team confirms price and payment details with you directly. Once payment is confirmed, INFOBAY AI LIMITED shares are transferred off-market straight to your demat account, with no pooling and no middlemen.
- How do I sell INFOBAY AI LIMITED unlisted shares?
Submit an Express Sell Interest for INFOBAY AI LIMITED through your Priveq dashboard, specifying quantity, the same way a buy order is placed. Priveq quotes you a bid price, which may differ from the live Buy price shown to buyers, since unlisted-share pricing works on a bid-ask basis rather than a single quote. Once you accept, you'll need to provide your Client Master List (CML), a cancelled cheque or bank details, and PAN. If you hold shares with CDSL, transfer can also be completed digitally via CDSL Easiest. You transfer INFOBAY AI LIMITED shares to Priveq first, and payment follows once the transfer is confirmed received, typically the same day, T+1, or occasionally T+2, communicated to you directly. For sizeable transactions worth crores of rupees, an escrow arrangement can be used instead, at the sole consent of both parties.
- What is the minimum investment for INFOBAY AI LIMITED unlisted shares?
Minimum investment varies by company and is shown as the Min Investment figure on this page. INFOBAY AI LIMITED's minimum is ₹4,08,000.
- Is there a maximum investment limit?
There's no fixed maximum investment limit for INFOBAY AI LIMITED unlisted shares. For sizeable transactions worth crores of rupees, an escrow arrangement can be used at the sole consent of both parties, the same mechanism available on the sell side.
- Is buying INFOBAY AI LIMITED unlisted shares legal in India?
Yes. Buying and selling unlisted shares in India is legal and is subject to relevant SEBI regulations, including the mandatory lock-in period after listing, stamp duty, and depository participant charges on each transaction. Priveq's own KYC process is built to be SEBI-compliant.
- What is the lock-in period for INFOBAY AI LIMITED unlisted shares?
INFOBAY AI LIMITED has not filed a DRHP yet, so no listing date or lock-in period applies at this stage. Once an IPO is filed, this answer updates to reflect the applicable SME or Mainboard lock-in.
- What happens if INFOBAY AI LIMITED's IPO is delayed or withdrawn?
If an IPO is delayed, shares remain unlisted and continue to trade on the desk at Priveq's indicative price, with no lock-in in effect until an actual listing happens. If a company formally withdraws its DRHP, the same applies: shares stay unlisted, with no lock-in period until and unless a fresh IPO process begins.
- How are capital gains on INFOBAY AI LIMITED unlisted shares taxed?
If you sell unlisted shares, including INFOBAY AI LIMITED, within 24 months of purchase, the gain is taxed as short-term capital gain at your applicable income tax slab rate. Beyond 24 months, it is taxed as long-term capital gain at 12.5 percent, without indexation benefit, under the rules effective from 23 July 2024. If INFOBAY AI LIMITED lists and you sell after listing, the applicable tax treatment shifts to listed-security rates, with the holding period still measured from your original unlisted purchase date. This is general information, not tax advice; investors should confirm their specific position with a tax advisor.
- Can NRIs invest in INFOBAY AI LIMITED unlisted shares?
Yes, on a non-repatriable basis. NRIs can invest using funds from an NRO account; sale proceeds stay within India unless repatriated separately under RBI's own limits. Priveq does not currently support repatriable investment (NRE/FCNR-funded), which would require the investee company to file additional RBI paperwork as foreign direct investment.
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No. The price quoted to you is all-in; there is no separate platform fee or brokerage added on top.
- How does Priveq determine the desk price for INFOBAY AI LIMITED?
Priveq's desk price reflects several inputs together, not a single formula: the seller's ask price at the time, current demand and supply on the platform for INFOBAY AI LIMITED specifically, broader sentiment in the unlisted and pre-IPO market, how INFOBAY AI LIMITED's sector and listed peers are trading, the company's own recent financial performance and IPO-stage developments, and recent transaction history where deals have actually closed.
Because unlisted shares trade over the counter rather than on an exchange, this price is indicative, not a continuously live quoted market price, and the actual deal price is confirmed with you directly before a transaction closes.
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Priveq is not a SEBI-registered stock exchange and not a SEBI-registered investment adviser. Priveq Investech Private Limited operates Priveq.in as a research and information platform for unlisted and pre-IPO shares, and is the named counterparty on transactions executed through the platform. Nothing on this page is investment advice; it's information to help you evaluate a company and decide for yourself.
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You receive an email acknowledging and confirming your order, along with a deal note or invoice recording the transaction details.
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