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Open
25 Jul 2023
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Close
27 Jul 2023
3
Allotment
—
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Listing
Fri, Aug 4, 2023
Price Band
₹50 per share
Issue Size
15,48,000 shares (agg. up to ₹8 Cr)
Lot Size
3,000 Shares
Listing Date
Fri, Aug 4, 2023
Latest GMP
₹5
Est. Gain
10%
✦ AI Insight
GMP Trend
04-08-2023₹5Est. ₹55+10%
03-08-2023₹5Est. ₹55+10%
02-08-2023₹7Est. ₹57+14%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 103.41x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 8.23 | 5.31 | 5.98 | 4.49 |
| Total Income | 10.94 | 7.88 | 7.84 | 10.42 |
| Profit After Tax | 0.48 | 0.30 | 0.33 | 0.29 |
| NET Worth | 4.83 | 2.35 | 2.05 | 1.72 |
| Reserves and Surplus | 2.42 | 0.34 | 2.04 | 1.71 |
| Total Borrowing | 1.52 | 1.52 | 1.52 | 0.00 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Exhicon Events Media Solutions Ltd. | SME | ₹21.12 Cr | ₹64 | 8.08 | ₹67.20 | +5.00% | ₹535.70 (-1.87%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augmenting additional working capital requirements | 2.88 |
| 2 | Purchase of Exhibition Related Material | 2.64 |
| 3 | General Corporate Purposes | 1.52 |
About Innovatus Entertainment Networks IPO
Incorporated in 2012, Innovatus Entertainment Networks Limited offers all the Direct marketing solutions- Management, CRM, B2B and B2C, Activations, and Exhibitions. 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, 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 and System Rental Program. Competitive Strengths: 1. Creative activations and lateral approach to innovative concepts and their flawless execution. 2. Engage Partnership & Sponsorship. 3. Focus on clients.+ Read More
Contact Details
Innovatus Entertainment Networks Ltd. Address407, Crescent RoyaleOff New Link RoadAndheri (west)Mumbai, Maharashtra, 400053+91 22 4016 5928cs@innovatus.infoVisit Website