| Innovative Ideals and Services India Ltd |
|
Registered Office:
E-202 2ndFlr Nr OshiwaraGarden,Off Ajit Glass Road Goregaon-W
,
Mumbai
-
400104
,
Maharashtra
, India.
Phone :
91-22-6739 2121/2678 1173 Fax:
Email : investors@innovative.in
Website : www.innovative.in
|
Initial public offer consisting of fresh issue of 30.66,000 equity shares of face value of  10/- lach fully Paid for cash at a price of 40 per equity share (the "issue price") (including a share premium of 30 per equity share) aggregating to 12.26 Crores (the "issue"), of which 1,56,000 equity' shares of face value of 10/- each for cash at a price of 40/- per equity' share, aggregating 0.62 Crores well be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion le. Issue of 29,10,000 equity' shares of face value of 10 - each for cash at a price of 40/- per equity' share, aggregating 11.64 Crores is hereinafter refered to .as the "not issue". The issue and the net issue will constitute 26.94% and 25.57% respectively' of the fully diluted post issue paid up equity' share capital of the company.
The face value of Equity shares is 10 each.
The Issue price is 40 and is 4 times the face value of the equity shares.
|
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 24-Sep-18 |
26-Sep-18 |
Rs40.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :3000 Further Multiples of :3000 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
0.00 |
| Pantomath Capital Advisors Pvt Ltd |
|
| Project Financed through Current Offer |
12.26 |
|
| Post Issue Equity Share Capital |
11.38 |
|
| Issue Price |
Rs40.00 |
|
|