Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
SME IPO Status: Listed [25th Jul 2023 to 27th Jul 2023]
Innovatus entertainment networks Limited is offering an SME IPO issue size of 1,548,000 equity shares worth Rs. 7.74 Cr. The subscription period for this IPO is from July 25, 2023 to July 27, 2023. The face value of the shares is Rs 10 per share and the issue price for this SME IPO is fixed at Rs 50 per share. The minimum lot size is 3000 shares or multiple thereof.
Stay tuned for more information on Innovatus Entertainment Networks Limited IPO including company overview, financials, live subscription, allotment, GMP and more.
| SME IPO Issue Opening Date: | 25th Jul 2023 |
| SME IPO Issue Closing Date: | 27th Jul 2023 |
| SME IPO Issue Price: | ₹50.00 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| IPO Listing At: | BSE SME |
| Retail Quota: | 50% of the Net Issue |
| SME IPO Issue Type: | Fixed Price Issue |
| SME IPO Issue Size: | ₹7.74 Cr |
| Fresh Issue: | ₹7.74 Cr |
| Face Value: | ₹10 Per Equity Share |
| SME IPO Discount: | TBD |
| Promoter Holding Pre IPO: | 99.97% |
| Promoter Holding Post IPO: | 60.87% |
| Allotment Status: | Allotment Status |
| BSE Code: | 543951 |
Get important updates regarding Innovatus Entertainment Networks SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| SME IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 1st Aug 2023 |
| Refunds Initiation* | 2nd Aug 2023 |
| Credit of Shares to Demat* | 3rd Aug 2023 |
| SME IPO Listing Date* | 4th Aug 2023 |
* - Tentative Dates
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹50.00 |
| Market Lot: | 3000 Shares |
| 1 Lot Amount: | ₹150000 |
| Min HNI Lots: | 6000 shares (2 lots) |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 04-08-2023 | 50.00 | 5 | 12800 | ₹55 (10%) | 4-Aug-2023 9:51 |
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Innovatus Entertainment Networks Limited was founded in 2012 and provides all direct marketing solutions - management, CRM, B2B and B2C, activations and exhibitions. They are a creative platform for complete 'info-entertainment' with a 360 degree solution. They focus on concept development and creative solutions through to turnkey presentation and on-site execution. They look forward to taking innovation to a new level through integrated media and satisfying audience engagement, creating an exemplary niche in 'infotainment' and a unique identity for an engaged company on the global map.
IENL offers a full range of design, media and print services. Their strength is media buying, understanding the client's marketing objective and using the right media to achieve that objective. They are able to understand the various media available and use the right mix of media and pricing to achieve the client's media goals.
Services offered by the company include
| Incorporation | Sector | IPO Issue Size | Website |
| 2012 | direct marketing | ₹7.74 Cr | http://www.innovatus.info/ |
The company proposes to utilize the net proceeds from the issue towards funding the following objectives:
1. Augmenting additional working capital requirements.
2. Purchase of Exhibition Related Material.
3. General Corporate Purposes.
Our experts can help you prepare for SME IPO
The table below is live update of SME IPO bidding details from NSE and BSE.
| Day | NII | RII | Total | |
|---|---|---|---|---|
| # of Shares Offered | 735,000 (50%) | 735,000 (50%) | 1,470,000 | |
| 1 | 25th Jul 2023 19:04 | 2.62x | 11.55x | 7.61x |
| 2 | 26th Jul 2023 19:04 | 15.66x | 50.48x | 34.63x |
| 3 | 27th Jul 2023 19:04 | 56.58x | 150.50x | 105.21x |
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 449.41 | 1,042.12 | 29.44 | 171.61 | 170.61 | 0.00 |
| 31-Mar-21 | 597.72 | 784.07 | 33.38 | 205.00 | 204.00 | 152.34 |
| 31-Mar-22 | 530.83 | 787.90 | 30.19 | 235.19 | 34.19 | 152.34 |
| 31-Mar-23 | 822.63 | 1,093.93 | 48.26 | 483.45 | 242.45 | 152.34 |
| Amount in ₹ Lakhs | ||||||
Last Updated on 08-Aug-2023 06:00:21
Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Innovatus Entertainment Networks SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Innovatus Entertainment Networks SME IPO with Zerodha.
Alternate approch to apply in Innovatus Entertainment Networks SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.
Innovatus Entertainment Networks SME IPO Review and Important Updates
Other relevant questions :
How to subscribe Innovatus Entertainment Networks SME IPO Zerodha? How to purchase Innovatus Entertainment Networks SME IPO on Zerodha? Innovatus Entertainment Networks SME IPO how to buy Zerodha? Innovatus Entertainment Networks SME IPO Zerodha apply. Innovatus Entertainment Networks SME IPO purchase Zerodha. Innovatus Entertainment Networks SME IPO with Zerodha. Innovatus Entertainment Networks SME IPO at Zerodha. Innovatus Entertainment Networks SME IPO kite Zerodha. Innovatus Entertainment Networks SME IPO using Zerodha. Innovatus Entertainment Networks SME IPO via Zerodha.
To subscribe or apply in Innovatus Entertainment Networks SME IPO, you can use the following methods:
| Innovatus Entertainment Networks SME IPO Applying Mode | Method | Details |
| Online Application | 3-in-1 Trading Account | If your broker is 3-in-1 service provider, you can apply in Innovatus Entertainment Networks SME IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment. |
| Online Application | 2-in-1 Trading Account | Brokers like Zerodha, TradeSmart Online provides access to applying in Innovatus Entertainment Networks SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online. |
| Online Application | ASBA | This is one of the most popular mode of applying in Innovatus Entertainment Networks SME IPO. Most of the Syndicate Banks provide access to apply in Innovatus Entertainment Networks IPO via ASBA process. You must have your net banking access, DP ID information to apply in Innovatus Entertainment Networks SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account. |
| Offline Application | Physical Form | You can apply in Innovatus Entertainment Networks SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app. |
Innovatus Entertainment Networks SME IPO Review and Important Updates
Other relevant question on same topics are:
Where to subscribe Innovatus Entertainment Networks SME IPO? Where to apply for Innovatus Entertainment Networks SME IPO? How to subscribe Innovatus Entertainment Networks SME IPO online? Innovatus Entertainment Networks SME IPO where to apply? Where to buy Innovatus Entertainment Networks SME IPO online? How to buy Innovatus Entertainment Networks SME IPO online? How to purchase Innovatus Entertainment Networks SME IPO? How to get Innovatus Entertainment Networks SME IPO? How to book Innovatus Entertainment Networks SME IPO? How to invest Innovatus Entertainment Networks SME IPO? Innovatus Entertainment Networks SME IPO kaise buy kare?
Innovatus Entertainment Networks SME IPO is going to be list on 04-08-2023. BSE Code for Innovatus Entertainment Networks is 543951.
Other relevant questions:
When Innovatus Entertainment Networks SME IPO will be listing? Innovatus Entertainment Networks SME IPO BSE listing date?Innovatus Entertainment Networks SME IPO date of listing
Innovatus Entertainment Networks SME IPO Allotment Date is 01-08-2023.
Other relevant questions:
Innovatus Entertainment Networks SME IPO share allotment date?Innovatus Entertainment Networks SME IPO allotment date?
