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IEINNOVATUSListed

Innovatus Entertainment Networks Limited

Fixed Price Issue IPO · BSE

Price band
₹50 - ₹50
Lot size
3,000 shares
Issue amount
₹7.74 cr
Total subscription
105.21×
Current priceUnavailable
Listing price ₹50
Watch live price ↗
Opens
25 Jul 2023
Closes
27 Jul 2023
Allotment
1 Aug 2023
Listing
4 Aug 2023

Offer at a glance

Issue overview

Issue size
15,48,000 shares
Face value
₹10 per share
Minimum investment
₹1,50,000
Fresh issue
₹7.74 cr
Offer for sale
₹0 cr
Registrar
Purva Sharegistry India Private Limited
Listing exchange
BSE
Maximum investment
₹1,50,000
Issue type
Fixed Price Issue IPO
Shares before issue
24,10,000
Shares after issue
39,58,000

Lot sizes

CategoryLotsSharesAmount
RETAIL13,000₹1,50,000
HNI26,000₹3,00,000

Share reservation

Market Maker5.04%
NII (HNI)47.48%
RETAIL47.48%

Subscription & GMP

Subscription by category

Total subscribed105.21×

Subscription figures are awaiting publication.

GMP history

02.5520 Mar: ₹510 Nov: ₹5
20 Mar₹510 Nov

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
05001,0001,500Mar 2023 · Revenue: 1,093.93Mar 2023 · Profit after tax: 48.26Mar 2023Mar 2022 · Revenue: 787.9Mar 2022 · Profit after tax: 30.19Mar 2022Mar 2021 · Revenue: 784.07Mar 2021 · Profit after tax: 33.38Mar 2021Mar 2020 · Revenue: 1,042.12Mar 2020 · Profit after tax: 29.44Mar 2020
RevenueProfit after tax

Key performance indicators

MetricValues
EPS2
ROE9.98
ROCE11.32
RONW9.98
PRE IPO(PE)41
POST IPO(PE)0

Values and labels as reported in the issue data.

Company information

Company profile

Incorporated in 2012, Innovatus Entertainment Networks Limited provides end-to-end direct marketing solutions including management services, CRM, B2B & B2C marketing, activations, and exhibitions. The company offers a wide range of services such as event management, event coordination, publicity (pre & post event), production, printing, venue booking, staffing, celebrity management, transportation, accommodation, catering, translators, and on-site management. They also handle advanced technical support, school/college activation, mall and society promotions, exhibition design & fabrication, semi & permanent displays, electrical construction, graphic design & production, lighting, billboards, signage, and global exhibit management with custom and system rental programs.

Strengths

  • Creative and innovative campaign execution.
  • Strong partnerships & sponsorship engagement.
  • Sharp client-focused approach.

Promoters

Azharuddin R. Mulla

Rich Pockets Online Services Limited

Miniboss Consultancy Private Limited

Registrar & documents

Lead manager

Inventure Merchant Banker Services Private Limited

Registrar & contacts

Purva Sharegistry India Private Limited

[email protected]Official registrar portal ↗IPO allotment status guide →

Registered office

407, Crescent Royale, Off New Link Road, Andheri West, Mumbai – 400053, Maharashtra, Indi

+91 22 4016 5928

[email protected]Company website ↗

Understanding INNOVATUS IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.