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Innokaiz India IPO is a book build IPO listing on BSE SME exchange. The company is based in Chennai and caters to Advertising And Media - Events sector. Gretex Corporate Services is the merchant banker of Innokaiz India IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 2nd March 2023.
Innokaiz India IPO open date is 28th April 2023 and close date is 3rd May 2023. IPO Allotment Date is 8th May 2023 and Listing date is 11th May 2023.Innokaiz India IPO size is Rs 21.17 Cr. crores with IPO price of Rs 78.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Gretex Corporate Services Limited is the book-running lead manager of the Innokaiz India IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Gretex Share Broking Private Limited for Innokaiz India IPO.
Innokaiz India IPO anchor investors are the below investors. The number of anchor investors in this IPO is 2.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Rajasthan Global Securities | 387,200.00 | ₹78.00 | ₹30,201,600.00 |
| Silver Stallion Limited | 385,600.00 | ₹78.00 | ₹30,076,800.00 |
Innokaiz India IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Innokaiz India IPO, based in Chennai, operates in the Advertising And Media - Events sector with a focus on Corporate services and solutions provider. The company is launching its SME IPO on the BSE SME exchange, using the Book Building Issue method. Innokaiz India IPO size is ₹ 21.17 Cr. Crores with fresh issue size of Rs 21.17 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Innokaiz India IPO is expected to be 8th May 2023, after the finalization of basis of allotment. Investors can check Innokaiz India IPO allotment status on the registrars website, Bigshare Services Private Limited. Innokaiz India IPO refund dates are 9th May 2023.
Innokaiz India IPO is expected to be listed on 11th May 2023.
The upper price band for the Innokaiz India IPO is set at ₹ 78.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Innokaiz India IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Innokaiz India IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 3rd May 2023. After submission, funds are blocked until the basis of allotment of Innokaiz India IPO is finalised.
The merchant banker for Innokaiz India IPO is Gretex Corporate Services Limited . Gretex Corporate Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Innokaiz India IPO RHP for further details.
The registrar for Innokaiz India IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Innokaiz India IPO through their official website or helpline.
Innokaiz India IPO was subscribed 95.08 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 21.17 Cr.
Avg IPO Size (Sector Based)
:
₹ 35.90 Cr.
Sector: Advertising And Media - Events
SME IPO so far:
6
Merchant Banker:
Gretex Corporate
SME IPO by BRLM so far:
47
City:
Chennai
SME IPO so far:
30
Revenue (annualised):
₹ 255.14 cr.
PE
Ratio:
7.62x
Average Sector PE Ratio: 18.76x
Innokaiz India IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Innokaiz India Financial Review Page
Merchant Banker(s) of Innokaiz India IPO: Gretex Corporate Services Limited
Innokaiz India IPO subscription was 95.08 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Innokaiz India IPO listed at a listing price of 148.20 against the offer price of 78.00.
The current market price of Innokaiz India is 17.93.
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