Innovative Ideals and Services (India) Limited IPO

BSE SME

Offer Date: Sep 24, 2018 - Sep 26, 2018

₹ 108000 /3000 Shares

IPO Details

24 Sep, 2018

Open Date

26 Sep, 2018

Close Date

03 Oct, 2018

Allotment Date

05 Oct, 2018

Listing Date

Issue Price

Rs 36/- to Rs 40/- Per Equity Share

Face Value

Rs 10/- Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Private Limited

Market Lot

3000 Shares (Rs 1,20,000/-)

Lead Manager

Pantomath Capital Advisors Private Limited

Issue Size

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

Retail Portion

N/A

Subscription

37,80,000 1.30 times

IPO Docs

No related IPO documents available.

IPO Subscription 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

Earnings Per Share (EPS)

Rs 2.71/-

P/E Ratio

14.74

RoNW

23.10%

Net Asset Value (NAV as on 31.03.18)

Rs 16.08/-

Company Financials All values are in ₹ Cr.

- Peers Comparison

	P/B Ratio	P/E Ratio	RoNW	Net Worth
Salebhai Internet Limited	5.56	NA	- (172.01)%	0.46
Infibeam Incorporation Limited	4.25	129.69	3.27%	836.72

- Promoter(s)

Company Promoter(s)

Mr Maqsood Shaikh
Mrs Tazyeen Shaikh

IPO - Issue Objectives

Funding the Working Capital requirements of our Company. ( Rs 8.92 Cr )
General corporate purposes.

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. 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 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 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 allotment status for Innovative Ideals and Services (India) Limited IPO here.