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Innovatus Entertainment Networks Limited IPO Date, Price, Review and Details

 

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Innovatus Entertainment Networks Limited IPO

July 25, 2023 - July 27, 2023 Closed

Innovatus Entertainment Networks Limited IPO 

Innvovatus Entertainment Networks Limited was engaged in an exhibition an occasion where exhibitors and visitors come together to exchange information, network, and seek potential business prospects. Business exhibitions and trade shows are events that take place for a short duration, attracting numerous exhibitors who showcase their products. These events are primarily viewed as chances to create extensive awareness, which in turn helps in introducing products and services to the market. Exhibitions serve as excellent platforms for promoting new products, services, and technology. 

Business exhibitions can target two main groups: the business consumers and the end users. B2C exhibitions, like consumer fairs and real-estate fairs, are focused on the general public and end users, while B2B exhibitions, such as machinery and construction expos, are geared toward business professionals. Distinguishing between the two types of exhibitions can be challenging at times.

Company Promoters:

  • Azharuddin R. Mulla
  • Rich Pockets Online Services Limited
  • Miniboss Consultancy Private Limited

Objects of this Issue: 

  • Augmenting additional working capital requirements.
  • Purchase of Exhibition-Related Material.
  • General Corporate Purposes.

Financial Information of the Company:

 Particular

Amount in Lakhs (Rs.)

As on 31 March 2022

As on 31 Mar 2021

As on 31 Mar 2020

Total Assets

530.83

597.72

449.41

Total Liabilities

295.64

392.72

277.8

Net Profit

30.19

33.38

29.44

Innovatus Entertainment Networks Limited IPO Schedule 

1.     Bid or Offer Opens on: 25 July 2023
2.     Bid or Offer Closes on: 27 July 2023
3.     Finalization of BoA: 01 August 2023
4.     Initiation of Refunds: 02 August 2023
5.     Credit of shares to Demat account: 03 August 2023
6.     Listing Date: 04 August 2023

Innovatus Entertainment Networks Limited IPO Lot Size

The market lot size of Innovatus Entertainment Networks Limited IPO is 6,000 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  3000

₹150,000

Maximum

1

  3000

₹150,000

S-HNI(Minimum)

2

  6,000

₹300,000


Company Contact Details:

407, Crescent Royale, Off

New Link Road, Andheri

West, Mumbai – 400053,

Maharashtra, India

Phone: +91 22 4016 5928

Email:   cs@innovatus.info

Website: http://www.innovatus.info/

 

Innovatus Entertainment Networks Limited IPO Registrar Details:

Purva Sharegistry India Pvt Ltd

9, Shiv Shakti Industrial Estate, J. R. Boricha Marg,

Opp. Kasturba Hospital Lane, Lower Parel (E),

Mumbai – 400011, Maharashtra, India

Telephone:  +91-022-23018261/ 23016761

Email: support@purvashare.com

Website: https://www.purvashare.com/queries/

Frequently Asked Question

Closing date of Innovatus Entertainment Networks Limited IPO is July 27, 2023.
Opening date of Innovatus Entertainment Networks Limited IPO is July 25, 2023.
Pre-issue shareholding of the innovative infonet private limited promoter is 99.97%.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
Innovatus Entertainment Networks Limited IPO shares will get listed on August 04, 2023.
If you do not get the allotment of Innovatus Entertainment Networks Limited IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
The meaning of "Innovatus Entertainment Networks Limited IPO GMP today" is the Grey Market Premium (GMP) for the initial public offering (IPO) of Innovatus Entertainment Networks Limited IPO on the current day.
Lot size of the Innovatus Entertainment Networks Limited IPO is 3000 shares.
You will receive Innovatus Entertainment Networks Limited IPO shares in your Demat account on August 03, 2023, if allotted.
Innovatus Entertainment Networks Limited IPO Shares will get listed at BSE SME.
Innovatus Entertainment Networks Limited IPO share price ₹50 per share.
Post-issue shareholding of the Innovatus Entertainment Networks Limited IPO promoter is 60.87%.
The face value of Innovatus Entertainment Networks Limited IPO is ₹10 per share.
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