Last updated on August 4, 2023
Innovatus Entertainment IPO Description – Incorporated in 2012, Innovatus Entertainment Networks offers all the Direct marketing solutions- Management, CRM, B2B and B2C, Activations and Exhibitions. It is a creative platform for complete ‘Info-tainment’ with a 360-degree solution. The company focuses on concept development to creatives to a total turn-key presentation and on-ground execution.
The company offers services such as Event Management, Activations, and Exhibitions including services like 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, Stage planning, and School/college activation. Mall promotion, Society promotion, 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 and Custom, System Rental Program, and AV Equipments.
Competitive Strengths:
- Creative activations and lateral approach to innovative concepts and their flawless execution
- Engage Partnership & Sponsorship
- Focus on clients
Promoters of Innovatus Entertainment- Miniboss Consultancy Private Limited; Rich Pockets Online Services Limited and Azharuddin R. Mulla
Table of Contents
Innovatus Entertainment IPO Details
| Innovatus Entertainment IPO Dates | 25 – 27 July 2023 |
| Innovatus Entertainment Issue Price | INR 50 per share |
| Fresh issue | 15,48,000 shares (INR 7.74 crore) |
| Offer For Sale | NIL |
| Total IPO size | 15,48,000 shares (INR 7.74 crore) |
| Minimum bid (lot size) | 3,000 shares (INR 150,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Innovatus Entertainment Financial Performance
| Â | FY 2020 | FY 2021 | FY 2022 | FY 2023 |
| Revenue | 1,042.12 | 784.07 | 787.90 | 1,093.93 |
| Expenses | 965.92 | 704.60 | 724.86 | 1,010.97 |
| Net income | 29.44 | 33.38 | 30.19 | 48.26 |
Innovatus Entertainment Offer News
- Innovatus Entertainment RHP
- Innovatus Entertainment Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Innovatus Entertainment Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | |
| EPS | 1.46 | 1.66 | 1.50 | 2.00 |
| PE ratio | – | – | – | 25.00 |
| RONW (%) | 17.16 | 16.28 | 12.84 | 9.98 |
| NAV | – | – | 11.70 | 20.06 |
| ROCE (%) | 131.18 | 17.96 | 13.29 | 11.32 |
| EBITDA (%) | 7.31 | 10.14 | 8.00 | 7.58 |
| Debt/Equity | – | – | – | – |
Innovatus Entertainment IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 3 August 2023 | 8 | 700 | 18,000 |
| 2 August 2023 | 12 | 800 | 20,000 |
| 1 August 2023 | 12 | 800 | 20,000 |
| 31 July 2023 | 12 | 800 | 20,000 |
| 29 July 2023 | 10 | 800 | 18,000 |
| 28 July 2023 | 10 | 800 | 18,000 |
| 27 July 2023 | 10 | 800 | 18,000 |
| 26 July 2023 | 10 | 800 | 18,000 |
| 25 July 2023 | 12 | 850 | 20,000 |
| 24 July 2023 | 10 | 800 | 20,000 |
Innovatus Entertainment IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 735,000 | 735,000 | 1,548,000 |
| 27 Jul 2023 | 60.02 | 150.44 | 99.93 |
| 26 Jul 2023 | 18.88 | 50.51 | 32.94 |
| 25 Jul 2023 | 3.78 | 11.55 | 7.28 |
Innovatus Entertainment IPO Allotment Status
Innovatus Entertainment IPO allotment status is now available on Purva Sharegistry’s website. Click on this link to get allotment status.
Innovatus Entertainment IPO Dates & Listing Performance
| IPO Opening Date | 25 July 2023 |
| IPO Closing Date | 27 July 2023 |
| Finalization of Basis of Allotment | 1 August 2023 |
| Initiation of refunds | 2 August 2023 |
| Transfer of shares to demat accounts | 3 August 2023 |
| IPO Listing Date | 4 August 2023 |
| Opening Price on BSE SME | INR 50 per share (no change) |
| Closing Price on BSE SME | INR 49.30 per share (down 1.40%) |
Innovatus Entertainment Offer Lead Manager
INVENTURE MERCHANT BANKER SERVICES PRIVATE LIMITED
2nd Floor, Viraj Tower, Nr. Andheri Flyover (North End),
Western Express Highway, Andheri (East) Mumbai – 400 069, Maharashtra
Phone:+91 22 4075 1500
Email:Â [email protected]
Website:Â www.inventuremerchantbanker.com
Innovatus Entertainment Offer Registrar
PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
9, Shiv Shakti Industrial Estate,
J. R. Boricha Marg, Opp. Kasturba Hospital Lane
Lower Parel (E) Mumbai – 400011, Maharashtra, India
Phone:Â 022 2301 2518 / 8261
Email:Â [email protected]
Website:Â www.purvashare.com
Innovatus Entertainment Contact Details
INNOVATUS ENTERTAINMENT NETWORKS LIMITED
407, Crescent Royale, Off New Link Road,
Andheri West, Mumbai – 400053, Maharashtra
Phone: +91 22 4016 5928
E-mail: [email protected]
Website: www.innovatus.info
IPO FAQs
What is the Innovatus Entertainment IPO offer size?
Innovatus Entertainment offer size is INR 7.74 crores.
What is the Innovatus Entertainment offer price band?
Innovatus Entertainment public offer price is INR 50 per share.
What is the lot size of Innovatus Entertainment public offer?
Innovatus Entertainment offer lot size is 3,000 shares.
What is Innovatus Entertainment IPO GMP today?
Innovatus Entertainment IPO GMP today is INR 8 per share.
What is the Innovatus Entertainment kostak rate today?
Innovatus Entertainment kostak rate today is INR 700 per application.
What is Innovatus Entertainment Subject to Sauda rate today?
Innovatus Entertainment Subject to Sauda rate today is INR 18,000 per application.
