IPO

Innovatus Entertainment Networks Limited IPO

BSE SME

Listed On: Aug 4, 2023 at ₹ 50.0

₹ 150000 /3000 Shares

Check Allotment

Innovatus Entertainment Networks Limited IPO Details

25 Jul, 2023

Open Date

27 Jul, 2023

Close Date

01 Aug, 2023

Allotment Date

04 Aug, 2023

Listing Date

Issue Price

₹50 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Purva Sharegistry India Pvt Ltd

List Price

50.0

Listing Date

2023-08-04

Market Lot

3000 Shares (₹150,000/-)

Lead Manager

Inventure Merchant Banker Services Pvt Ltd

Issue Size

1,548,000 shares(aggregating up to ₹7.74 Cr)

Retail Portion

50%

Subscription

105.26 times

IPO Docs

DRHP RHP

Innovatus Entertainment Networks Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved735,000735,0001,470,000
Day 1 - 25-07-23 06:00 PM2.62 x11.55 x7.61 x
Day 2 - 26-07-23 06:00 PM15.66 x50.48 x34.63 x
Day 3 - 27-07-23 06:00 PM60.02 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 All values are 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 The 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.

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Innovatus Entertainment Networks Limited - Promoter(s)

Pre Issue Share Holding: 99.97%

Post Issue Share Holding: 60.87%

Company Promoter(s)

  1. Azharuddin R. Mulla
  2. Rich Pockets Online Services Limited
  3. Miniboss Consultancy Private Limited

Innovatus Entertainment Networks Limited IPO - Issue Objectives

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

Innovatus Entertainment Networks Limited IPO - FAQs

Ans. Innovatus Entertainment Networks Limited IPO is a SME IPO. The issue is priced at ₹50 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Jul 25, 2023, and closes on Jul 27, 2023. Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

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

Ans. The size of Innovatus Entertainment Networks Limited IPO is 1,548,000 shares(aggregating up to ₹7.74 Cr).

Ans. The IPO price band is set between ₹50 per equity share.

Ans. To apply for Innovatus Entertainment Networks Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Innovatus Entertainment Networks 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 Innovatus Entertainment Networks Limited IPO is Aug 1, 2023.

Ans. The Innovatus Entertainment Networks Limited IPO will be listed on Aug 4, 2023.

Ans. Follow the steps to check the allotment status for Innovatus Entertainment Networks Limited IPO here.