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Innovatus Entertainment Networks IPO is a book build IPO listing on BSE SME exchange. The company is based in Mumbai and caters to Advertising And Media - Events sector. Inventure Merchant Banker Services Private is the merchant banker of Innovatus Entertainment Networks IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 17th February 2023.
Innovatus Entertainment Networks IPO open date is 25th July 2023 and close date is 27th July 2023. IPO Allotment Date is 1st August 2023 and Listing date is 4th August 2023.Innovatus Entertainment Networks IPO size is Rs 7.74 Cr. crores with IPO price of Rs 50.00 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.
Inventure Merchant Banker Services Private Limited is the book-running lead manager of the Innovatus Entertainment Networks IPO. Purva Sharegistry India Private Limited is the Registrar and Market Maker is Pure Broking Private Limited for Innovatus Entertainment Networks IPO.
Innovatus Entertainment Networks IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Innovatus Entertainment Networks IPO, based in Mumbai, operates in the Advertising And Media - Events sector with a focus on Provides Direct marketing solutions- Management, CRM etc.. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Innovatus Entertainment Networks IPO size is ₹ 7.74 Cr. Crores with fresh issue size of Rs 7.74 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Innovatus Entertainment Networks IPO is expected to be 1st August 2023, after the finalization of basis of allotment. Investors can check Innovatus Entertainment Networks IPO allotment status on the registrars website, Purva Sharegistry India Private Limited. Innovatus Entertainment Networks IPO refund dates are 2nd August 2023.
Innovatus Entertainment Networks IPO is expected to be listed on 4th August 2023.
The upper price band for the Innovatus Entertainment Networks IPO is set at ₹ 50.00 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 Innovatus Entertainment Networks 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 Innovatus Entertainment Networks 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 27th July 2023. After submission, funds are blocked until the basis of allotment of Innovatus Entertainment Networks IPO is finalised.
The merchant banker for Innovatus Entertainment Networks IPO is Inventure Merchant Banker Services Private Limited . Inventure Merchant Banker Services Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Innovatus Entertainment Networks IPO RHP for further details.
The registrar for Innovatus Entertainment Networks IPO is Purva Sharegistry India Private Limited. Investors can go to Purva Sharegistry India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Innovatus Entertainment Networks IPO through their official website or helpline.
Innovatus Entertainment Networks IPO was subscribed 105.21 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 7.74 Cr.
Avg IPO Size (Sector Based)
:
₹ 35.90 Cr.
Sector: Advertising And Media - Events
SME IPO so far:
6
Merchant Banker:
Inventure Merchant
SME IPO by BRLM so far:
47
City:
Mumbai
SME IPO so far:
280
Revenue (annualised):
₹ 10.93 cr.
PE
Ratio:
41.00x
Average Sector PE Ratio: 18.76x
Innovatus Entertainment Networks IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Innovatus Entertainment Networks Financial Review Page
Merchant Banker(s) of Innovatus Entertainment Networks IPO: Inventure Merchant Banker Services Private Limited
Innovatus Entertainment Networks IPO subscription was 105.21 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.
Innovatus Entertainment Networks IPO listed at a listing price of 46.52 against the offer price of 50.00.
The current market price of Innovatus Entertainment Networks is 14.15.
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