IPO

Innovatus Entertainment Networks Ltd

  • Registered Office: 407 Crescent Royale,Off New Link Road Andheri (W), Mumbai - 400053, Maharashtra, India. Phone : 91-22-4016 5928   Fax:
  • Email : cs@innovatus.info
  • Website :www.innovatus.info
Public issue of 15,48,000 equity shares of face value of Rs. 10.00 each of Innovatus Entertainment Networks Limited ("The Company" or "The Issuer") for cash at a price of Rs. 50.00 per equity share (including a share premium of Rs. 40.00 per equity share) ("Issue Price") aggregating to Rs. 7.74 crores ("The Issue"), of the issue, 78,000 equity shares aggregating to Rs. 0.39 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 14,70,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 50.00 per equity share aggregating to Rs. 7.35 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 39.11% and 37.14%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price of Rs. 50.00 is 5.00 times of the face value.
Issue
Opens On Closes On
25-Jul-23 27-Jul-23
Money Payable On
Application Allotment
50.00 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
Cr Lead Managers to the Issue
Project Cost (.Cr) 7.04 Inventure Merchant Banker Services Pvt Ltd
Project Financed through Current Offer (.Cr) 7.74  
Post Issue Equity Share Capital (.Cr) 3.96
Issue Price () 50.00
Projects
Augmenting additional working capital requirements
Purchase of exhibition related material
General corporate purposes
Promoted By
Miniboss Consultancy Pvt Ltd
Rich Pockets Online Services L
Azharuddin R Mulla
Miniboss Consultancy Pvt Ltd
Rich Pockets Online Services L
Azharuddin R Mulla
Listing At
BSE - SME
Registrar to the Issue
No Data Available