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Open
14 May 2018
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Close
16 May 2018
3
Allotment
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Listing
Thu, May 24, 2018
Price Band
₹71 to ₹72
Issue Size
56,60,800 shares (agg. up to ₹41 Cr)
Lot Size
1,600 Shares
Listing Date
Thu, May 24, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 23.70x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 159.97 | 138.73 | 128.18 | 126.07 |
| Total Income | 126.30 | 102.36 | 94.39 | 92.05 |
| Profit After Tax | 5.75 | 1.86 | 1.68 | 3.17 |
| NET Worth | 47.27 | 41.51 | 39.65 | 37.98 |
| Reserves and Surplus | 36.98 | 31.23 | 29.37 | 27.69 |
| Total Borrowing | 63.03 | 60.99 | 59.86 | 56.54 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Taylormade Renewables Ltd. | SME | ₹11.34 Cr | ₹35 | null | ₹37.80 | +8.00% | ₹83.78 (-0.56%) |
| Benara Bearings & Pistons Ltd. | SME | ₹33.49 Cr | ₹63 | null | ₹61.95 | -1.67% | ₹10.45 (-0.48%) |
| Macpower CNC Machines Ltd. | SME | ₹36.61 Cr | ₹140 | null | ₹162.05 | +15.75% | ₹1,326.70 (-0.59%) |
| ICE Make Refrigeration Ltd. | SME | ₹23.71 Cr | ₹57 | null | ₹68.40 | +20.00% | ₹800.80 (-0.48%) |
| Jash Engineering Ltd. | SME | ₹48.01 Cr | ₹120 | null | ₹144.00 | +20.00% | ₹520.45 (-1.44%) |
| Captain Technocast Ltd. | SME | ₹5.70 Cr | ₹40 | null | ₹48.50 | +21.25% | ₹221.00 (+0.45%) |
| Salasar Techno Engineering Ltd. | Mainboard | ₹35.95 Cr | ₹108 | null | ₹262.50 | +143.06% | ₹6.03 (-0.82%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Upgradation and modernization of existing manufacturing facility | 10.72 |
| 2 | Funding the working capital requirements of the Company | 20.00 |
| 3 | General corporate purposes | 5.79 |
About Innovators Facade Systems IPO
Incorporated in 1999, Maharastra based Innovators Façade Systems Limited is a company engaged in designing, engineering, fabrication, and installation of façade systems. The company offers total solutions to its customers with respect to their requirement of façade installation in complex projects. It specializes in technically demanding facades. With an operating history of more than eighteen years, the company has developed a brand image in the façade industry. The manufacturing facility of Innovators is situated at Wada, Maharashtra and is spread over 1,25,000 square feet. The product basket ranges from glazing /curtain walls, high-end doors & windows, skylights, canopies, frameless glazing, MS structures, stone cladding, metal cladding, roofing, & others. The registered office of the Company is situated at Mumbai and it has 7 branch offices across India. Innovators Facade has a widespread presence and is executing projects in various states such as Maharashtra, Goa, Haryana, Karnataka, Tamil Nadu, Uttar Pradesh and West Bengal. The company has executed around 200 projects and has long-standing reputed clients across the construction industry. It has offered its services for var
Contact Details
Innovators Facade Systems Ltd. Address204, B-65, Sector No 1Shanti Nagar, Mira Road (East)Thane, Maharashtra, 401107022- 28132151investors@innovators.inVisit Website