Innovatus Entertainment Networks Limited offers all the Direct marketing solutions- Management, CRM, B2B and B2C, Activations, and Exhibitions. The company is a creative platform for complete ‘Info-tainment’ with a 360 degree solution.
The company’s services include the following:
Event Management:
- Event Co-ordination
- Pre and Post event Publicity
- Production, Printing and Distribution
- Venue Research and Booking
- Staffing
- Guest speakers
- Celebrity Management
- Transport
- Accommodation and Catering
- Translators
- On-site management
- Most advanced technical support
Activations:
- School/college activation
- Mall promotion
- Society promotion
- Road shows
Exhibitions:
- Event Production
- Exhibition, Design and Fabrication
- Semi and Permanent Displays
- Electrical Construction and Consultation
- Graphic illustration and Production
- Lighting
- Semi and Permanent Sign age and Bill Board
- Lettering
- Global Exhibit Management
- Custom and System Rental Program
Innovatus Entertainment Networks IPO – Details
| IPO Opening Date | 25 July 2023 |
| IPO Closing Date | 27 July 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 15,48,000 Shares Worth ₹7.74 Crore Fresh Issue: 15,48,000 Shares Worth ₹7.74 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹50 |
| Market Lot | 3000 Shares |
| Min Order | 3000 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Purva Sharegistry India Pvt Ltd |
| Other Shares Offered | 50% |
| Retail Shares Offered | 50% |
Innovatus Entertainment Networks IPO – Date Schedule
| IPO Open Date | 25 July 2023 |
| IPO Close Date | 27 July 2023 |
| Basis of Allotment | 1 August 2023 |
| Initiation of Refund | 2 August 2023 |
| Credit of Shares to Demat Account | 3 August 2023 |
| IPO Listing Date | 4 August 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Jul 27, 2023 |
Innovatus Entertainment Networks IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 3000 | 1,50,000 |
| Retail (Maximum) | 1 | 3000 | 1,50,000 |
| HNI (Minimum) | 2 | 6000 | 3,00,000 |
Competitive Strengths
- Creative activations and lateral approach to innovative concepts and their flawless execution.
- Engage Partnership & Sponsorship.
- Focus on clients.
Company Promoters
- Azharuddin R. Mulla
- Rich Pockets Online Services Limited
- Miniboss Consultancy Private Limited
Object Of The Issue
- Augmenting additional working capital requirements.
- Purchase of Exhibition Related Material.
- General Corporate Purposes.
- Issue Related Expenses.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2020 | 10.42 | 9.66 | 0.29 | 0 |
| 31 March 2021 | 7.84 | 7.05 | 0.33 | 1.52 |
| 31 March 2022 | 7.88 | 7.25 | 0.30 | 1.52 |
| 30 September 2022 | 6.83 | 6.33 | 0.29 | 1.52 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 41 |
| Market Cap (₹ Cr.) | 19.79 |
| ROE | 9.98 |
| ROCE | 11.32 |
| Debt/Equity | 0.32 |
| EPS (Rs) | 2 |
| RoNW | 9.98 |
Innovatus Entertainment Networks IPO Promoter Holding
| Pre Issue Share Holding | 99.97% |
| Post Issue Share Holding | 60.87% |
Innovatus Entertainment Networks IPO Prospectus
Company Contact Information
| Innovatus Entertainment Networks Limited 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 IPO Registrar
| Purva Sharegistry India Pvt Ltd Phone: +91-022-23018261/ 23016761 Email: support@purvashare.com Website: https://www.purvashare.com/queries/ |
Innovatus Entertainment Networks IPO Lead Manager(s)
| 1. Inventure Merchant Banker Services Pvt Ltd |
Innovatus Entertainment Networks IPO FAQs
| What is Innovatus Entertainment Networks IPO? Innovatus Entertainment Networks IPO is a SME IPO. The issue is priced at ₹50 per equity share. The IPO is to be listed on BSE SME. |
| When Innovatus Entertainment Networks IPO will open? The IPO is to open on 25 July 2023 for NII and Retail Investors. |
| How to Innovatus Entertainment Networks IPO? You can apply Innovatus Entertainment Networks 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 Innovatus Entertainment Networks IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Innovatus Entertainment Networks”. 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 Innovatus Entertainment Networks IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Innovatus Entertainment Networks”. 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 Innovatus Entertainment Networks IPO Size? Innovatus Entertainment Networks IPO size is ₹7.74 crores. |
| What is Innovatus Entertainment Networks IPO Price Band? Innovatus Entertainment Networks IPO Price Band is ₹50. |
| What is Innovatus Entertainment Networks IPO Minimum and Maximum Lot Size? The minimum bid is 3000 Shares with ₹150,000 amount while the maximum bid is 3000 shares with ₹1,50,000. |
| What is the Innovatus Entertainment Networks IPO Allotment Date? Innovatus Entertainment Networks IPO allotment date is 1 August 2023. |
| What is the Innovatus Entertainment Networks IPO Listing Date? Innovatus Entertainment Networks IPO listing date is 4 August 2023. The IPO is to list on BSE SME. |
