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Home All IPOs Innovative Ideals & Services (India) Ltd. IPO
Innovative Ideals & Services (India) Ltd. IPO
BSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹40
Issue Price
₹40
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹40
GMP based
Lot Size
3,000
shares / lot
Min Amount
₹120,000
1 lot · 3,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
24 Sep 2018
Mon Completed
Done
Close Date
26 Sep 2018
Wed Completed
Done
Allotment
01 Oct 2018
Mon Completed
Done
Refund
03 Oct 2018
Wed Completed
Done
Demat Credit
04 Oct 2018
Thu Completed
Done
Listing Date
05 Oct 2018
Fri Completed
UPI Deadline: 26 Sep 2018
Issue Details
Pricing & Size
Issue Price
₹40 Face ₹10
Lot Size
3,000 shares
Min Investment
₹120,000
Total Issue Size
30,66,000 shares (aggregating up to ₹12.26 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,56,000 (5.09%)
QIB Portion
-
NII / HNI
14,55,000 (47.46%)
Retail
14,55,000 (47.46%)
Employee
-
Net Offer to Public
29,10,000 shares (aggregating up to ₹11.64 Cr)
Shareholding Pattern
Pre-Issue Shareholding
83,14,169 shares
Post-Issue Shareholding
1,13,80,169 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 3,000 ₹1,20,000
HNI / NII 2 6,000 ₹2,40,000
Objects of Issue
2 objectives
1
1 Funding the working capital requirements of the Company
8.92 Cr
2
2 General Corporate Purpose
2.34 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Pantomath Capital Advisors Pvt.Ltd.
Market Maker
Pantomath Stock Brokers Pvt.Ltd.
IPO Timeline
Open
24 Sep
✓ Done
Close
26 Sep
✓ Done
Allotment
01 Oct
✓ Done
Listing
05 Oct
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
investors@innovative.in
Phone
+91 022-6739 2121
Address
E- 202, 2nd floor, Skypark, Near Oshiwara Garden, Off Ajit Glass Road Oshiwara, Goregoan (W) Mumbai, Maharashtra, 400104
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹40
Est. Listing
₹40
Lot Size
3,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Innovative Ideals & Services (India) Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
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| Price
Market Reference
IPO Issue Price
₹40
GMP
+₹0 (+0%)
GMP Est. Listing
₹40
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 14,55,000 (47.46%) ₹582.00 Cr
Retail Investors 14,55,000 (47.46%) ₹582.00 Cr
Total ** 30,66,000 (100.00%) ₹12,264.00 Cr
Market Maker * 1,56,000 (5.09%) ₹6.24 Cr
* Based on ₹40.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
14,55,000 (47.46%)
Retail
14,55,000 (47.46%)
Market Maker
1,56,000 (5.09%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Lakhs
Metric31-Mar-1831-Mar-1731-Mar-16
Revenue2031.841074.571217.81
PAT308.7996.761.36
EBITDA
Net Worth
Total Assets3479.822287.042081.86
Reserves
Borrowings
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 308.79

Innovative has 67 employees on its payroll.

Frequently Asked Questions
What is the issue price of Innovative Ideals & Services (India) Ltd. IPO?
The issue price of Innovative Ideals & Services (India) Ltd. IPO is ₹40 per share, face value ₹10.
What is the lot size?
Minimum lot size is 3,000 shares, requiring ₹120,000.
What are the IPO dates?
Opens 24 Sep 2018, closes 26 Sep 2018.
When is the listing date?
Tentative listing: 05 Oct 2018 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹40 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Innovative Ideals & Services (India) Ltd. IPO · Expected 01 Oct 2018

Check on Registrar
Post-IPO Timeline
Allotment Date
01 Oct 2018
Refund Initiation
03 Oct 2018
Demat Credit
04 Oct 2018
Listing Date
05 Oct 2018
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹40
Face ₹10
Lot Size
3,000
shares / lot
Min Amount
₹120,000
1 lot
Est. Listing
₹40
GMP +₹0
Key Dates
Open
24 Sep Done
Close
26 Sep Done
Listing
05 Oct Done
Registrar
Bigshare Services Pvt.Ltd.
A
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