• Sensex   39601.63   488.89  sensex_up_arr
  • Nifty   11831.75   140.30   sensex_up_arr
  • Bank Nifty   30781.10   1.38   sensex_up_arr
  • BSE Midcap   14680.10   1.64  sensex_up_arr
  • USDINR   69.51   -0.39   sensex_dwn_arr
logo
PRAVIN RATILAL SHARE
AND STOCK BROKERS LTD
Member :    NSE   |   BSE   |   DP : NSDL
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     401.20   Down   -6.50 (-1.59%)   Asian Paints Ltd     1,392.05   Up   10.90 (0.79%)   Axis Bank Ltd     771.40   Up   0.70 (0.09%)   Bajaj Auto Ltd     2,897.30   Up   74.40 (2.64%)   Bajaj Finance Ltd     3,582.55   Up   57.05 (1.62%)   Bajaj Finserv Ltd     8,417.85   Up   160.85 (1.95%)   Bharat Petroleum Corporation Ltd     385.20   Up   5.85 (1.54%)   Bharti Airtel Ltd     348.55   Up   7.45 (2.18%)   Bharti Infratel Ltd     279.05   Up   6.95 (2.55%)   Britannia Industries Ltd     2,834.05   Down   -41.65 (-1.45%)   Cipla Ltd     551.30   Up   17.60 (3.30%)   Coal India Ltd     260.35   Up   3.30 (1.28%)   Dr Reddys Laboratories Ltd     2,564.80   Up   13.95 (0.55%)   Eicher Motors Ltd     19,793.15   Up   2.45 (0.01%)   GAIL (India) Ltd     311.15   Up   3.40 (1.10%)   Grasim Industries Ltd     900.80   Up   18.75 (2.13%)   HCL Technologies Ltd     1,087.35   Up   3.25 (0.30%)   HDFC Bank Ltd     2,426.35   Down   -2.00 (-0.08%)   Hero Honda Motors Ltd     2,665.70   Up   59.55 (2.28%)   Hindalco Industries Ltd     194.30   Up   4.25 (2.24%)   Hindustan Unilever Ltd     1,805.05   Down   -6.65 (-0.37%)   Housing Development Finance Corporation Ltd     2,199.25   Up   23.85 (1.10%)   ICICI Bank Ltd     433.40   Up   13.60 (3.24%)   Indiabulls Housing Finance Ltd     599.75   Up   44.25 (7.97%)   Indian Oil Corporation Ltd     156.75   Up   2.35 (1.52%)   IndusInd Bank Ltd     1,435.60   Up   54.25 (3.93%)   Infosys Technologies Ltd     754.90   Up   3.00 (0.40%)   ITC Ltd     277.00   Down   -0.20 (-0.07%)   JSW Steel Ltd     269.25   Up   8.70 (3.34%)   Kotak Mahindra Bank Ltd     1,518.35   Up   20.55 (1.37%)   Larsen & Toubro Ltd     1,557.10   Up   51.95 (3.45%)   Mahindra & Mahindra Ltd     627.15   Up   12.00 (1.95%)   Maruti Suzuki India Ltd     6,616.75   Up   192.10 (2.99%)   NIFTY (S&P CNX)     11,831.75   Up   140.30 (1.20%)   NTPC Ltd     134.55   Down   -0.10 (-0.07%)   Oil & Natural Gas Corpn Ltd     172.00   Up   4.65 (2.78%)   Power Grid Corporation of India Ltd     200.95   Up   0.65 (0.32%)   Reliance Industries Ltd     1,296.75   Up   19.40 (1.52%)   State Bank of India     345.15   Up   6.30 (1.86%)   Sun Pharmaceuticals Industries Ltd     390.50   Up   15.30 (4.08%)   Tata Consultancy Services Ltd     2,277.95   Up   18.05 (0.80%)   Tata Motors Ltd     159.25   Up   4.60 (2.97%)   Tata Steel Ltd     501.00   Up   6.90 (1.40%)   Tech Mahindra Ltd     725.55   Down   -10.05 (-1.37%)   Titan Company Ltd     1,306.60   Up   31.50 (2.47%)   UltraTech Cement Ltd     4,576.05   Up   91.05 (2.03%)   UPL Ltd     870.25   Down   -80.05 (-8.42%)   Vedanta Ltd     172.00   Up   3.50 (2.08%)   Wipro Ltd     286.95   Down   -7.10 (-2.41%)   Yes Bank Ltd     114.55   Up   11.35 (11.00%)   Zee Entertainment Enterprises Ltd     351.70   Down   -1.30 (-0.37%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com

Want Us to Call You?