• BSE
  • NSE
    • {{d.cmpname}}
    • {{d.price}}
    • ({{d.PerChg}}%)
Market | Equity | Daily Market Tracker | IPO Synopsis
IPO SYNOPSIS
Innovative Ideals and Services India Ltd
Registered Office:
E-202 2ndFlr Nr OshiwaraGarden,Off Ajit Glass Road Goregaon(W,
Mumbai - 400104,
Maharashtra, India.
Website :  www.innovative.in
Initial public offer consisting of fresh issue of 30.66,000 equity shares of face value of (Rs)10/- lach fully Paid for cash at a price of (Rs) 40 per equity share (the "issue price") (including a share premium of (Rs) 30 per equity share) aggregating to (Rs)12.26 Crores (the "issue"), of which 1,56,000 equity' shares of face value of (Rs)10/- each for cash at a price of (Rs) 40/- per equity' share, aggregating (Rs) 0.62 Crores well be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion le. Issue of 29,10,000 equity' shares of face value of (Rs)10 - each for cash at a price of (Rs) 40/- per equity' share, aggregating (Rs) 11.64 Crores is hereinafter refered to .as the "not issue". The issue and the net issue will constitute 26.94% and 25.57% respectively' of the fully diluted post issue paid up equity' share capital of the company. The face value of Equity shares is (Rs)10 each. The Issue price is (Rs)40 and is 4 times the face value of the equity shares.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
24-Sep-18
26-Sep-18
40.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 3000     Further Multiples of : 3000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
0.00
Pantomath Capital Advisors Pvt Ltd
Project Financed
12.26
 
Post Issue
11.38
 
Issue Price
40.00
 
Projects
Funding the Working Capital Requirements of the Company
Repayment/Pre-payment of Working Capital facilities availed from Bank of Maharashtra by the company
General Corporate Purposes
Promoted By
Maqsood Shaikh
Tazyeen Shaikh
Iram Shaikh
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd
SEBI Regn. No: NSE : INB 230643233/TM06432, INE 230643233(CD), INF 230643233 (F&O) BSE : INB 10643238/TM3129, INE 10643238(cd), INF 10643238(F&O)
SEBI Regn. No: MCX/ NCDEX: INZ000028833, NCDEX : NCDEX/TCM/CORP/0460 | MCX : MCX/TCM/CORP/0263 | CDSL : IN-DP-CDSL-266-2004 MCX-SX:INE 260643233/21500(CD)
Investor Grievances Email ID: compliance@dbonline.in & investors@dbonline.in
Copyright © 2016 All rights Reserved DB (International) Stock Brokers Ltd.     Designed, Developed and content powered by C-MOTS Infotech( ISO 9001:2015 certified )
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors."          "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Attention Investors ::
subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries