IPO Synopsis
Home >> IPO >> IPO Synopsis
Innovative Ideals and Services India Ltd
Registered Office:
E-202 2ndFlr Nr OshiwaraGarden,Off Ajit Glass Road Goregaon(W,
Mumbai - 400104,
Maharashtra, India.
Website :  www.innovative.in
Initial public offer consisting of fresh issue of 30.66,000 equity shares of face value of (Rs)10/- lach fully Paid for cash at a price of (Rs) 40 per equity share (the "issue price") (including a share premium of (Rs) 30 per equity share) aggregating to (Rs)12.26 Crores (the "issue"), of which 1,56,000 equity' shares of face value of (Rs)10/- each for cash at a price of (Rs) 40/- per equity' share, aggregating (Rs) 0.62 Crores well be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion le. Issue of 29,10,000 equity' shares of face value of (Rs)10 - each for cash at a price of (Rs) 40/- per equity' share, aggregating (Rs) 11.64 Crores is hereinafter refered to .as the "not issue". The issue and the net issue will constitute 26.94% and 25.57% respectively' of the fully diluted post issue paid up equity' share capital of the company. The face value of Equity shares is (Rs)10 each. The Issue price is (Rs)40 and is 4 times the face value of the equity shares.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
24-Sep-18
26-Sep-18
40.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 3000   Further Multiples of : 3000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
0.00
Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer
12.26
 
Post Issue Equity Share Capital
11.38
 
Issue Price
40.00
 
Projects
Funding the Working Capital Requirements of the Company
Repayment/Pre-payment of Working Capital facilities availed from Bank of Maharashtra by the company
General Corporate Purposes
Promoted By
Maqsood Shaikh
Tazyeen Shaikh
Iram Shaikh
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd
Adani Ports & Special Economic Zone Ltd     361.35   Up   0.60 (0.17%)   Asian Paints Ltd     1,457.55   Down   -13.70 (-0.93%)   Axis Bank Ltd     745.70   Down   -11.35 (-1.50%)   Bajaj Auto Ltd     2,957.95   Up   8.20 (0.28%)   Bajaj Finance Ltd     2,849.80   Up   13.15 (0.46%)   Bajaj Finserv Ltd     6,917.25   Down   -42.80 (-0.61%)   Bharat Petroleum Corporation Ltd     383.70   Up   4.75 (1.25%)   Bharti Airtel Ltd     327.00   Down   -4.55 (-1.37%)   Bharti Infratel Ltd     306.60   Down   -9.50 (-3.01%)   Cipla Ltd     526.85   Up   0.05 (0.01%)   Coal India Ltd     237.20   Up   5.25 (2.26%)   Dr Reddys Laboratories Ltd     2,780.95   Up   29.65 (1.08%)   Eicher Motors Ltd     21,151.35   Down   -295.50 (-1.38%)   GAIL (India) Ltd     351.65   Up   2.70 (0.77%)   Grasim Industries Ltd     815.40   Down   -4.70 (-0.57%)   HCL Technologies Ltd     1,017.65   Down   -7.20 (-0.70%)   HDFC Bank Ltd     2,281.30   Up   5.15 (0.23%)   Hero Honda Motors Ltd     2,575.70   Down   -27.60 (-1.06%)   Hindalco Industries Ltd     205.45   Down   -3.65 (-1.75%)   Hindustan Petroleum Corporation Ltd     274.25   Up   5.90 (2.20%)   Hindustan Unilever Ltd     1,673.85   Down   -4.20 (-0.25%)   Housing Development Finance Corporation Ltd     1,945.65   Down   -35.90 (-1.81%)   ICICI Bank Ltd     383.50   Down   -8.30 (-2.12%)   Indiabulls Housing Finance Ltd     713.35   Down   -13.65 (-1.88%)   Indian Oil Corporation Ltd     164.35   Up   7.30 (4.65%)   IndusInd Bank Ltd     1,683.55   Down   -15.05 (-0.89%)   Infosys Technologies Ltd     735.25   Down   -7.85 (-1.06%)   ITC Ltd     295.05   Down   -3.15 (-1.06%)   JSW Steel Ltd     278.80   Down   -6.95 (-2.43%)   Kotak Mahindra Bank Ltd     1,308.65   Down   -27.60 (-2.07%)   Larsen & Toubro Ltd     1,376.75   Down   -17.95 (-1.29%)   Mahindra & Mahindra Ltd     664.60   Down   -14.20 (-2.09%)   Maruti Suzuki India Ltd     6,522.60   Down   -30.10 (-0.46%)   NIFTY (S&P CNX)     11,354.25   Down   -102.65 (-0.90%)   NTPC Ltd     135.35   Up   0.70 (0.52%)   Oil & Natural Gas Corpn Ltd     158.65   Up   6.30 (4.14%)   Power Grid Corporation of India Ltd     202.00   Up   3.50 (1.76%)   Reliance Industries Ltd     1,324.45   Down   -17.30 (-1.29%)   State Bank of India     294.00   Down   -4.05 (-1.36%)   Sun Pharmaceuticals Industries Ltd     464.65   Down   -8.60 (-1.82%)   Tata Consultancy Services Ltd     1,984.25   Down   -21.40 (-1.07%)   Tata Motors Ltd     171.30   Down   -4.10 (-2.34%)   Tata Steel Ltd     515.15   Down   -3.25 (-0.63%)   Tech Mahindra Ltd     789.60   Up   0.85 (0.11%)   Titan Company Ltd     1,100.10   Down   -2.45 (-0.22%)   UltraTech Cement Ltd     3,871.05   Down   -58.70 (-1.49%)   UPL Ltd     912.70   Down   -22.25 (-2.38%)   Vedanta Ltd     168.25   Down   -5.65 (-3.25%)   Wipro Ltd     256.50   Down   -4.05 (-1.55%)   Yes Bank Ltd     247.25   Down   -5.35 (-2.12%)   Zee Entertainment Enterprises Ltd     416.45   Down   -18.40 (-4.23%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com