Innokaiz India Limited provides corporate services and solutions.
The company offers Digital Marketing, Corporate Travel Arrangements, Gifting Solutions, Event Management services, and so on.
Innokaiz India also runs an E-Commerce Store, here it offers DTH Services, Kitchen & Home Appliances, Mobile Phones, Laptops, and Fashion & Beauty Products.
The company holds World Record for Conducting 15,250 Roadshows/ Lead Generations and Sales Promotion activities.
Innokaiz India IPO – Details
| IPO Opening Date | 28 April 2023 |
| IPO Closing Date | 03 May 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 27,13,600 Shares Worth ₹21.17 Crore Fresh Issue: 27,13,600 Shares Worth ₹21.17 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹76 – ₹78 |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Innokaiz India IPO – Date Schedule
| IPO Open Date | 28 April 2023 |
| IPO Close Date | 03 May 2023 |
| Basis of Allotment | 08 May 2023 |
| Initiation of Refunds | 09 May 2023 |
| Credit of Shares to Demat Account | 10 May 2023 |
| IPO Listing Date | 11 May 2023 |
Innokaiz India IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1600 | 1,24,800 |
| Retail (Maximum) | 1 | 1600 | 1,24,800 |
| HNI (Minimum) | 2 | 3200 | 2,49,600 |
Competitive Strengths
- Focus on Increase in Volume of Sales.
- Enhance performance of existing business.
- Leveraging the market skills and relationship to serve existing clients.
- Increasing the number of Clients.
- Building-up as on Professional Organization.
- Continue to attract and retain talent.
- Strategic Acquisition and Alliance Opportunities.
- Established relationship with existing customers.
- Client Focus.
Company Promoters
- Mr. Balakrishnan Sukumarbalakrishnan
Object Of The Issue
- Working Capital Requirements.
- General Corporate Purposes.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2020 | 138.72 | 133.76 | 3.61 |
| 31 March 2021 | 185.06 | 178.06 | 5.09 |
| 31 March 2022 | 286.09 | 275.27 | 7.91 |
| 31 October 2022 | 148.83 | 140.44 | 6.10 |
Innokaiz India IPO Promoter Holding
| Pre Issue Share Holding | 98.00% |
| Post Issue Share Holding | 71.99% |
Innokaiz India IPO Prospectus
Company Contact Information
| Innokaiz India Limited Door No. 43, Old No. 22, Real Enclave, Flat No. 1, 4th Floor, Josier Street, Nungambakkam, Chennai- 600034 Phone: 044-28250545 Email: info@innokaiz.com Website: https://innokaiz.com/ |
Innokaiz India IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://www.bigshareonline.com/ |
Innokaiz India IPO Lead Manager(s)
| 1. Gretex Corporate Services Pvt Ltd |
Innokaiz India IPO FAQs
| What is Innokaiz India IPO? Innokaiz India IPO is a SME IPO. The issue is priced at ₹76-₹78 per equity share. The IPO is to be listed on BSE SME. |
| When Innokaiz India IPO will open? The IPO is to open on 28 April 2023 for QIB, NII and Retail Investors. |
| What is Innokaiz India IPO Investors Portion? The investors portion for QIB-50%, NII-15%, and Retail-35%. |
| How to Innokaiz India IPO? You can apply Innokaiz India IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Innokaiz India IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Innokaiz India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Innokaiz India IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Innokaiz India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Innokaiz India IPO Size? Innokaiz India IPO size is ₹21.17 crores. |
| What is Innokaiz India IPO Price Band? Innokaiz India IPO Price Band is ₹76-₹78. |
| What is Innokaiz India IPO Minimum and Maximum Lot Size? The minimum bid is 1600 Shares with ₹1,24,800 amount while the maximum bid is 1600 shares with ₹1,24,800. |
| What is the Innokaiz India IPO Allotment Date? Innokaiz India IPO allotment date is 08 May 2023. |
| What is the Innokaiz India IPO Listing Date? Innokaiz India IPO listing date is 11 May 2023. The IPO is to list on BSE SME. |
