IPO

Innovatus Entertainment Networks Limited IPO

BSE SME

Listed On: Aug 4, 2023 at ₹ 50.0

₹ 300000 /6000 Shares
*Min Investment

Check Allotment

25 Jul, 2023

Open Date

27 Jul, 2023

Close Date

01 Aug, 2023

Allotment Date

04 Aug, 2023

Listing Date
Innovatus Entertainment Networks Limited IPO Issue Details
  • Issue Price ₹50 per equity share
  • Face Value ₹10 Per Equity Share
  • Issue Price 1,548,000 shares(aggregating up to ₹7.74 Cr)
  • Listing at BSE SME
  • List Price 50.0
  • Listing Date 2023-08-04
  • Lead Manager Inventure Merchant Banker Services Pvt Ltd
  • Registrar Purva Sharegistry India Pvt Ltd
Innovatus Entertainment Networks Limited IPO Details
  • Retail Portion 50%
Innovatus Entertainment Networks Limited IPO Documents
Innovatus Entertainment Networks Limited IPO Details


Innovatus Entertainment Networks Limited IPO is an SME IPO, priced at ₹50 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.

The IPO bidding window is open from Jul 25, 2023 to Jul 27, 2023. The allotment is expected to be finalized on Aug 1, 2023, and the tentative listing date is Aug 4, 2023.


The registrar of the IPO is Purva Sharegistry India Pvt Ltd, and

Read More
Innovatus Entertainment Networks Limited IPO Subscription Analysis And Details
Retail
150.50x
Total
105.26x
As onQIB / NIIRetailTotal
Shares Offered / Reserved735,000735,0001,470,000
Day 1 25-07-23 06:00 PM
2.62 x11.55 x7.61 x
Day 2 26-07-23 06:00 PM
15.66 x50.48 x34.63 x
Day 3 27-07-23 06:00 PM
60.02 x150.50 x105.26 x
Innovatus Entertainment Networks Limited Valuations
Earnings Per Share (EPS) ₹1.5/-
P/E Ratio 33.29
RoNW 4.91%
Net Asset Value (NAV) - Post Issue ₹N/A/-
Innovatus Entertainment Networks Limited Company Financials
In Lakhs
In Lakh
30-Sept-2231-Mar-2231-Mar-2131-Mar-20
Assets591.86530.83597.72449.41
Revenue683.64787.90784.071,042.12
Profit After Tax29.9030.1933.3829.44
About Innovatus Entertainment Networks Limited Company

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.

Read More
Innovatus Entertainment Networks Limited - Promoter(s)

Azharuddin R. Mulla

Rich Pockets Online Services Limited

Miniboss Consultancy Private Limited

Pre Issue Share Holding : 99.97%

Post Issue Share Holding : 60.87%

Innovatus Entertainment Networks Limited IPO - Issue Objectives
1

Augmenting additional working capital requirements.

2

Purchase of Exhibition Related Material.

3

General Corporate Purposes.