IPO Details
Bidding Dates
28 Apr '23 - 03 May '23
Minimum Investment
₹124,800 / 1 Lots ( 1600 )
Price Range
₹76 - ₹78
Maximum Investment
₹124,800 / 1 Lots ( 1600 )
Retail Discount
Not Applicable
Issue Size
₹21.17 Cr
Investor category and sub category
Qualified Institutional Buyers | Non-Institutional Investors | Retail Individual Investor |IPO Dates
Important dates with respect to IPO allotment and listing
IPO Opening Date
Apr 28, 2023
IPO Closing Date
May 3, 2023
Basis of Allotment
May 8, 2023
Initiation of Refunds
May 9, 2023
Credit of Shares to Demat Account
May 9, 2023
IPO Listing Date
May 11, 2023
Innokaiz India IPO Subscription Details
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
Day 1Apr 28, 2023 |
0.00 | 0.03 | 0.28 | 0.14 |
Day 2May 2, 2023 |
1.10 | 6.13 | 4.63 | 3.67 |
Day 3May 3, 2023 |
23.93 | 303.92 | 46.10 | 95.08 |
Innokaiz India IPO Subscription Status Live
| Investor Category | Subscription (Times) |
|---|---|
| Qualified Institutions Buyer | 23.93 |
| Non-Institutional Buyers | 303.92 |
| Retail Investors | 46.10 |
| Employees | [.] |
| Others | [.] |
| Total | 95.08 |
About Company
Founded in 2013, Innokaiz India Ltd offers complete marketing communication solutions to its clients with a range of services that cover advertising and marketing solutions, digital marketing, corporate travel arrangements, gifting, event management, etc. It generates revenue from two primary business lines - corporate service and e-commerce.
The company’s promoter is Sukumar Balakrishnan, who is also behind all strategic and business decisions. Since its inception, the company has scaled up successfully to build a broad client base.
Innokaiz India Ltd IPO Details
Innokaiz India Ltd's IPO is a fresh issue offer of 27,13,600 equity shares with a face value of Rs. 10 each. The issuer hasn't announced the other details of the offer—Innokaiz India Ltd's IPO date and price bands.
Innokaiz India Ltd IPO Objectives
Innokaiz India proposes to use the raised capital to meet working capital requirements and general corporate purposes.
Should You Invest in Innokaiz India Ltd?
- The company offers a diversified service portfolio, which allows it to generate revenue from multiple sources.
- The advertising spending of Indian companies is expected to grow to reach a market size of Rs. 93,119 crore by the end of 2023 from Rs. 70,715 crore in 2020.
- The Indian e-commerce industry is expected to reach USD 188 billion in 2025 and USD 350 billion by 2030, up from USD 46.2 billion in 2020. It gives companies like Innokaiz India Ltd a significant growth opportunity.
Innokaiz India Ltd Company Financials
| Particulars | Period ending on October 30, 2022 | Year ending on March 31, 2022 | Year ending on March 31, 2021 |
|---|---|---|---|
| Revenue from Operations | 14,863.59 | 28,592.69 | 13,869.74 |
| Profit After Tax (PAT) | 610.28 | 791.63 | 509.15 |
| EBITDA | 839.96 | 1,100.81 | 712.16 |
| EPS | 8.13 | 10.54 | 6.78 |
| To Be Announced | As at October 30, 2022 | As at March 31, 2022 | As at March 31, 2021 |
| Total Asset | 4,763.15 | 4,972.47 | 3,871.07 |
| Total Liabilities | 4,763.15 | 4,972.47 | 3,871.07 |
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Innokaiz India IPO FAQs
The total issue size of the Innokaiz India Ltd IPO comprises Rs. 400 crore in fresh equities. There are also 9,600,000 equity shares on offer for sale from existing stakeholders.
Innokaiz India Ltd IPO is a fresh issue offer consisting of 27,13,600 equity shares.
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