Innovative Ideals and Services (India) Limited IPO
BSE SME₹ 216000 /6000 Shares
*Min Investment
24 Sep, 2018
Open Date26 Sep, 2018
Close Date03 Oct, 2018
Allotment Date05 Oct, 2018
Listing DateIPO Issue Details
- Issue Price Rs 36/- to Rs 40/- Per Equity Share
- Face Value Rs 10/- Per Equity Share
- Issue Price Fresh issue of 30,66,000 Equity Shares of Rs 10/- at a price of Rs 36/- to Rs 40/- per share aggregating to Rs 12.26 Cr
- Listing at BSE SME
- Lead Manager Pantomath Capital Advisors Private Limited
- Registrar Bigshare Services Private Limited
IPO Details
- Retail Portion N/A
IPO Details
Innovative Ideals and Services (India) Limited IPO is an SME IPO, priced at Rs 36/- to Rs 40/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Sep 24, 2018 to Sep 26, 2018. The allotment is expected to be finalized on Oct 3, 2018, and the tentative listing date is Oct 5, 2018.
The registrar of the IPO is Bigshare Services Private Limited, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 14,55,000 | 14,55,000 | 29,10,000 |
Day 1 - 24-09-18 | 3,06,000 0.21 x | 84,000 0.06 x | 3,90,000 0.13 x |
Day 2 25-09-18 | 3,87,000 0.27 x | 1,50,000 0.10 x | 5,37,000 0.18 x |
Day 3 26-09-18 | 14,76,000 1.01 x | 23,04,000 1.58 x | 37,80,000 1.30 x |
Valuations
IPO - Issue Objectives
Funding the Working Capital requirements of our Company. ( Rs 8.92 Cr )
General corporate purposes.
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Salebhai Internet Limited | 5.56 | NA | - (172.01)% | 0.46 |
| Infibeam Incorporation Limited | 4.25 | 129.69 | 3.27% | 836.72 |
IPO - FAQs
Ans. Innovative Ideals and Services (India) Limited IPO is a SME IPO. The issue is priced at Rs 36/- to Rs 40/- Per Equity Share . The minimum order quantity is 3000 Shares. The IPO opens on Sep 24, 2018, and closes on Sep 26, 2018. Bigshare Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Innovative Ideals and Services (India) Limited IPO opens on Sep 24, 2018 and closes on Sep 26, 2018.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Innovative Ideals and Services (India) Limited IPO is Fresh issue of 30,66,000 Equity Shares of Rs 10/- at a price of Rs 36/- to Rs 40/- per share aggregating to Rs 12.26 Cr.
Ans. The Innovative Ideals and Services (India) Limited IPO price band is set between Rs 36/- to Rs 40/- Per Equity Share .
Ans. To apply for Innovative Ideals and Services (India) Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Innovative Ideals and Services (India) Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Innovative Ideals and Services (India) Limited IPO is Oct 3, 2018.
Ans. The Innovative Ideals and Services (India) Limited IPO will be listed on Oct 5, 2018.
Ans. Follow the steps to check the Innovative Ideals and Services (India) Limited IPO allotment status online.
