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Innovative Ideals & Services (India) Ltd.

Innovative Ideals & Services (India) Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹40
₹40
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹40
Based on GMP
Min. Investment
₹120,000
1 lot × 3000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
24 Sep 2018
Close Date
26 Sep 2018
Allotment
01 Oct 2018
Listing Date
05 Oct 2018
Exchange
BSE SME
Price Band
₹40
Listing Price
See chart
Allotment Status
Price Band
₹40
Per share
Face Value
₹10 per share
 
Lot Size
3,000 Shares
per lot
Issue Size
30,66,000 shares (aggregating up to ₹12.26 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹120,000
1 lot
Pre-IPO Holding
83,14,169 shares
Promoters
Post-IPO Holding
1,13,80,169 shares
Promoters
UPI Deadline
2018-09-26
Mandate
Anchor AllotmentSun, 23 Sep 2018
Basis of AllotmentMon, 01 Oct 2018
Refund InitiationWed, 03 Oct 2018
Demat CreditThu, 04 Oct 2018
Listing DayFri, 05 Oct 2018
UPI Mandate Deadline2018-09-26
Sale TypeFresh Capital
Net Offer to Public29,10,000 shares (aggregating up to ₹11.64 Cr)
Market Maker Quota1,56,000 shares (aggregating up to ₹0.6240 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Innovative Ideals & Services (India) Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 26 Sep 2018.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
156,000
₹0.62
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
3,066,000
100% ₹12.26
IPO Shares Offered
Innovative Ideals & Services (India) Ltd. IPO total issue size: ₹12.26 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 156,000 ₹0.62
5.09%
Total 3,066,000 ₹12.26
100.00%
* Based on upper price band ₹40 per share
Lot Size & Investment
Lot Size
3,000
Shares per Lot
Issue Price
₹40.00
Upper Band
Min Investment
₹120,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)26,000₹240,000
Retail (Max — 13 Lots)1339,000₹1,560,000
S-HNI (Min — 14 Lots)1442,000₹1,680,000
B-HNI (Min — 68 Lots)68204,000₹8,160,000
* Issue Price ₹40 × Lot Size 3,000 shares
IPO Schedule
Anchor
23 Sep 2018
✓ Done
IPO Open
24 Sep 2018
✓ Done
IPO Close
26 Sep 2018
✓ Done
Allotment
01 Oct 2018
✓ Done
Refunds
03 Oct 2018
✓ Done
Demat Credit
04 Oct 2018
✓ Done
Listing Day
05 Oct 2018
✓ Done
Innovative Ideals & Services (India) Ltd. — Live Price LIVE
₹40.00
INR · BSE
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Issue ₹40.00 Live Price
About Innovative Ideals & Services (India) Ltd.
Incorporated in 2000, Mumbai based Innovative Ideals and Services (India) Limited is a company engaged in the business of providing services of System Integration for security, safety and building automation and installation of various electronics systems.The company provides a wide range of services in security and electronic systems, like Home Automation Systems, Access Controls, Video Door Phone, Audio Door Phone, CCTV Systems, Intrusion Alarm System, Fire Alarm Systems and Telecom Products. The company caters to the residential construction industry in a B2B segment.Innovative provides Video Door Phones under its own brand names, "Onyx" and "Inok" and Home automation solutions under the brand name of "eHomes".The Company introduced Fibre to the Home (FTTH) solutions that allow multiple Internet Service Providers (ISPs) to use a single fiber cable to provide their services.As part of his expansion, the Company has developed 2 innovative products, "Savior" and "ArmHer", in the B2C segments. The products address the safety needs of children, women and senior citizens. It has also launched basic feature mobile phones "Inoyo".Innovative is an authorized distributor of FERMAX Electronica S.A.U. for their products FERMAX Audio/Video Door Entry System. The company has also entered into an agreement with Tata Sky Broadband Private Limited for the provision of broadband services from March 15, 2018, to March 14, 2023.The company has 2 warehouse facilities in Mumbai.Between 2014-15 to 2017-18-- Total revenue grew from 1245.07 to 2031.84.- EBITDA grew from 103.70 to 487.70.- PAT grew from 15.56 to 308.79Innovative has 67 employees on its payroll.
Objects of the Issue
1
1 Funding the working capital requirements of the Company
2
2 General Corporate Purpose
Innovative Ideals & Services (India) Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹1,217.8
31-Mar-16
₹1,074.6
31-Mar-17
₹2,031.8
31-Mar-18
Profit After Tax (PAT)
₹1.4
31-Mar-16
₹96.8
31-Mar-17
₹308.8
31-Mar-18
Particulars31-Mar-1831-Mar-1731-Mar-16
Revenue from Operations 2031.84 1074.57 1217.81
EBITDA N/A N/A N/A
Profit After Tax (PAT) 308.79 96.76 1.36
Net Worth N/A N/A N/A
Total Assets 3479.82 2287.04 2081.86
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered30,66,000 (100.00%)
Net Offer to Public29,10,000 shares (aggregating up to ₹11.64 Cr)
Reserved for Market Maker1,56,000 shares (aggregating up to ₹0.6240 Cr)
Pre-Issue Promoter Holding83,14,169 shares
Post-Issue Promoter Holding1,13,80,169 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Pantomath Capital Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Innovative Ideals & Services (India) Ltd. IPO subscribed?

Innovative Ideals & Services (India) Ltd. IPO is subscribed 1.00 times by Sep 26, 2018. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Innovative Ideals & Services (India) Ltd. IPO retail subscription status?

The Innovative Ideals & Services (India) Ltd. IPO retail category is subscribed 1.00 times as of 26 Sep 2018. The retail portion is oversubscribed.

How to subscribe Innovative Ideals & Services (India) Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 24 Sep 2018 and closes 26 Sep 2018. Min investment: ₹120,000 (1 lot = 3,000 shares). UPI mandate: 2018-09-26.

How many times Innovative Ideals & Services (India) Ltd. IPO subscribed?

The Innovative Ideals & Services (India) Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Innovative Ideals & Services (India) Ltd. IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 01 Oct 2018. Refunds: on 03 Oct 2018.

When Innovative Ideals & Services (India) Ltd. IPO will be listed?

The Innovative Ideals & Services (India) Ltd. IPO listing date is 05 Oct 2018, Friday. Listed on: BSE SME. Issue price: ₹40. Estimated listing: ₹40. GMP: NIL.

When Innovative Ideals & Services (India) Ltd. IPO close?

The Innovative Ideals & Services (India) Ltd. IPO closes on 26 Sep 2018, Wednesday. UPI mandate: 2018-09-26. Allotment: 01 Oct 2018. Listing: 05 Oct 2018.