Innovatus Entertainment Networks Limited IPO

Innovatus Entertainment Networks Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹50 per share. The stock debuted at ₹50 with a flat listing performance. The IPO had a lot size of ₹3000 shares and a minimum investment of ₹1,50,000.

Innovatus Entertainment Networks Limited IPO

BSE SME Listed
₹1,50,000 (3000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jul 25, 2023 – Jul 27, 2023
Price band
₹50 per equity share
Minimum Investment
₹1,50,000
Issue size
1,548,000 shares(aggregating up to ₹7.74 Cr)
Lot size
3000
Allotment Date
Aug 1, 2023
Listing
Aug 4, 2023
Listing At
BSE SME

IPO timeline

  1. Jul 25, 2023

    Open Date

    Completed

  2. Jul 27, 2023

    Close Date

    Completed

  3. Aug 1, 2023

    Allotment Date

    Completed

  4. Aug 4, 2023

    Listing Date

    Completed

Innovatus Entertainment Networks Limited IPO Essentials

Innovatus Entertainment Networks Limited IPO Details

Innovatus Entertainment Networks Limited IPO is priced at ₹50 per share with a total issue size of 1,548,000 shares(aggregating up to ₹7.74 Cr). The IPO has a lot size of 3000 shares and is listed on BSE SME.

Issue price
₹50 per equity share
Lot size
3000 shares
Face value
₹10 Per Equity Share
Issue size
1,548,000 shares(aggregating up to ₹7.74 Cr)
Listing at
BSE SME
List price
50.0
Listing date
Registrar
Purva Sharegistry India Pvt Ltd
Lead manager
Inventure Merchant Banker Services Pvt Ltd

Innovatus Entertainment Networks Limited IPO Details

  • Retail Portion 50%

Innovatus Entertainment Networks Limited IPO Documents

Innovatus Entertainment Networks Limited IPO Analytics

Innovatus Entertainment Networks Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Innovatus Entertainment Networks Limited IPO Subscription Status

Innovatus Entertainment Networks Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 735,000 735,000 1,470,000
Day 1 25-07-23 06:00 PM
(2.62) x 11.55 x 7.61 x
Day 2 26-07-23 06:00 PM
(15.66) x 50.48 x 34.63 x
Day 3 27-07-23 06:00 PM
(60.02) x 150.50 x 105.26 x

Innovatus Entertainment Networks Limited Valuations

Earnings

EPS (Post IPO)
₹1.5/-
P/E Ratio
33.29

Returns

RoNW
4.91%

Data sourced from DRHP / RHP • For educational purposes only

Innovatus Entertainment Networks Limited Financials( In Lakhs)

30-Sept-22 31-Mar-22 31-Mar-21 31-Mar-20
Assets 591.86 530.83 597.72 449.41
Revenue 683.64 787.90 784.07 1,042.12
Profit After Tax 29.90 30.19 33.38 29.44

Innovatus Entertainment Networks Limited Company & Offer Insights

About Innovatus Entertainment Networks Limited

Innovatus Entertainment Networks Limited offers all the Direct marketing solutions- Management, CRM, B2B and B2C, Activations, and Exhibitions. The company offers services such as Event Management, Activations, and Exhibitions including services like Event Co-ordination, Pre and Post event Publicity, Production, Printing and Distribution, Venue Research and Booking, Staffing, Guest speakers, Celebrity Management, Transport, Accommodation and Catering, Translators, On-site management, Most advanced technical support, and School/college activation. Mall promotion, Society promotion, Event Production, Exhibition, Design and Fabrication, Semi and Permanent Displays, Electrical Construction and Consultation, Graphic illustration and Production, Lighting, Semi, and Permanent Sign age and Bill Board, Lettering, Global Exhibit Management and Custom and System Rental Program.

Innovatus Entertainment Networks Limited Promoter(s)

Azharuddin R. Mulla, Rich Pockets Online Services Limited, Miniboss Consultancy Private Limited are the company's promoters of Innovatus Entertainment Networks Limited.

Innovatus Entertainment Networks Limited IPO Issue Objectives

Augmenting additional working capital requirements.
Purchase of Exhibition Related Material.
General Corporate Purposes.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Innovatus Entertainment Networks Limited IPO is a Fixed Priced IPO worth ₹1,548,000 shares(aggregating up to ₹7.74 Cr). The issue price is ₹50 per share (fixed price). The IPO opens on Jul 25, 2023 and closes on Jul 27, 2023. It will be listed on BSE SME Platform. Purva Sharegistry India Pvt Ltd is the registrar.

The issue price of Innovatus Entertainment Networks Limited IPO is ₹50 per share (fixed price).

The lot size of Innovatus Entertainment Networks Limited IPO is 3000 shares.

The minimum investment for Innovatus Entertainment Networks Limited IPO is approximately ₹1,50,000 based on the issue price .

Innovatus Entertainment Networks Limited IPO opens on Jul 25, 2023 and closes on Jul 27, 2023.

The allotment date of Innovatus Entertainment Networks Limited IPO is Aug 1, 2023.

Innovatus Entertainment Networks Limited IPO is expected to be listed on Aug 4, 2023, on BSE SME Platform.

Innovatus Entertainment Networks Limited IPO valuation snapshot: P/E 33.29, EPS ₹1.5/-, P/B N/A, RoNW 4.91%, and market cap N/A.

To apply for Innovatus Entertainment Networks Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Innovatus Entertainment Networks Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Innovatus Entertainment Networks Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Innovatus Entertainment Networks Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Innovatus Entertainment Networks Limited IPO allotment status on IPO Ji for quick and easy access.