✓
Open
24 Sep 2018
✓
Close
26 Sep 2018
3
Allotment
—
✓
Listing
Fri, Oct 5, 2018
Price Band
₹36 to ₹40
Issue Size
30,66,000 shares (agg. up to ₹12 Cr)
Lot Size
3,000 Shares
Listing Date
Fri, Oct 5, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.16x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|
| Assets | 34.80 | 22.87 | 20.82 |
| Total Income | 20.32 | 10.75 | 12.18 |
| Profit After Tax | 3.09 | 0.97 | 0.01 |
| EBITDA | 4.88 | 2.22 | 0.74 |
| NET Worth | 13.37 | 6.78 | 5.72 |
| Reserves and Surplus | 5.05 | 3.78 | 3.42 |
| Total Borrowing | 7.68 | 4.51 | 4.55 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Kapston Facilities Management Ltd. | SME | ₹21.20 Cr | ₹92 | null | ₹92.55 | +0.60% | ₹420.20 (+1.12%) |
| Tara Chand Logistic Solutions Ltd. | SME | ₹20.46 Cr | ₹55 | null | ₹49.05 | -10.82% | ₹56.27 (-1.37%) |
| South West Pinnacle Exploration Ltd. | SME | ₹35.86 Cr | ₹78 | null | ₹88.30 | +13.21% | ₹223.23 (-1.24%) |
| Rithwik Facility Management Services Ltd. | SME | ₹4.05 Cr | ₹50 | null | ₹45.45 | -9.10% | ₹156.00 (+0.65%) |
| ANI Integrated Services Ltd. | SME | ₹25.66 Cr | ₹100 | null | ₹120.00 | +20.00% | ₹54.00 (-2.35%) |
| SecUR Credentials Ltd. | SME | ₹30.07 Cr | ₹205 | null | ₹198.60 | -3.12% | ₹3.40 (-4.68%) |
| Kaarya Facilities & Services Ltd. | SME | ₹6.40 Cr | ₹40 | null | ₹48.00 | +20.00% | ₹15.30 (-4.97%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of the Company | 8.92 |
| 2 | General Corporate Purpose | 2.34 |
About Innovative Ideals IPO
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 Electr
Contact Details
Innovative Ideals & Services (India) Ltd. AddressE-202, 2nd floor, SkyparkNear Oshiwara Garden, Off Ajit Glass RoadOshiwara, Goregoan (W)Mumbai, Maharashtra, 400104.: +91 022-6739 2121investors@innovative.inVisit Website