Innovative Ideals and Services (India) IPO is a Book Building IPO listing on BSE SME exchange, with an ipo size of ₹ 12.26 Cr. The company is based in Mumbai and caters to Electric Equipments sector. Pantomath Capital Advisors is the merchant banker of Innovative Ideals and Services (India) IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 18th June 2018.
Innovative Ideals and Services (India) IPO open date is 24th September 2018 and close date is 26th September 2018. IPO Allotment Date is 1st October 2018 and Listing date is 5th October 2018.Innovative Ideals and Services (India) IPO size is ₹ 12.26 Cr. with IPO price of ₹ 40.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Pantomath Capital Advisors Private Limited is the book-running lead manager of the Innovative Ideals and Services (India) IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Pantomath Stock Brokers Private Limited for Innovative Ideals and Services (India) IPO.
Innovative Ideals and Services (India) IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Innovative Ideals and Services (India) IPO, based in Mumbai, operates in the Electric Equipments sector with a focus on providing services of System Integration for security. The company is launching its SME IPO on the BSE SME exchange, using the Book Building Issue method. Innovative Ideals and Services (India) IPO size is ₹ 12.26 Cr. with fresh issue size of ₹ 12.26 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Innovative Ideals and Services (India) IPO is expected to be 1st October 2018, after the finalization of basis of allotment. Investors can check Innovative Ideals and Services (India) IPO allotment status on the registrars website, Bigshare Services Private Limited . Innovative Ideals and Services (India) IPO refund dates are 3rd October 2018.
Innovative Ideals and Services (India) IPO is expected to be listed on 5th October 2018.
The upper price band for the Innovative Ideals and Services (India) IPO is set at ₹ 40.00 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 Innovative Ideals and Services (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 Innovative Ideals and Services (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 26th September 2018. After submission, funds are blocked until the basis of allotment of Innovative Ideals and Services (India) IPO is finalised.
The merchant banker for Innovative Ideals and Services (India) IPO is Pantomath Capital Advisors Private Limited . Pantomath Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Innovative Ideals and Services (India) IPO RHP for further details.
The registrar for Innovative Ideals and Services (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 Innovative Ideals and Services (India) IPO through their official website or helpline.
Innovative Ideals and Services (India) IPO was subscribed 1.30 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Innovative Ideals and Services (India) IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Innovative Ideals and Services (India) Financial Review Page
Merchant Banker(s) of Innovative Ideals and Services (India) IPO: Pantomath Capital Advisors Private Limited
Innovative Ideals and Services (India) IPO subscription was 1.30 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.
Innovative Ideals and Services (India) IPO listed at a listing price of 45.15 against the offer price of 40.00.
The current market price of Innovative Ideals and Services (India) is 30.40.
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