Innovana Thinklabs Limited IPO

Innovana Thinklabs Limited IPO

Issue Open

Nov 29, 2017

Price Band

₹ 70

Issue Size

₹ 7.70 Cr

Credit of Shares to Demat

-

Issue Close

Dec 04, 2017

Bid Lot

2000

Listing Exchange

NSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Fixed Price Issue IPO

Minimum Order Quantity

2000

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Dec 12, 2017

Refunds

-

About the company:

 

Innovana Thinklabs Limited is a Jaipur based company engaged in software and application development business. The company has developed a variety of products which have registered their presence in over 126 countries.

 

Date of establishment: Innovana Thinklabs was established in 2015.  

 

Product & Service Offering: Innovana Thinklabs designs, develops and maintains software systems and solutions apart from creating new applications and enhancing existing software products. The product portfolio consists of applications like ad-blocker, disk cleanup, space reviver etc.

 

Promoters of Innovana Thinklabs Ltd.: The promoters of the firm are Mr. Chandan Garg and Mr. Kapil Garg.

 

Customer segment: The company offers its products to retail customers as well as enterprises.

 

Objects of the Issue:

 

The objects of the issue are:
-     Working capital requirements
-     Capital expenditure requirements
-     General corporate purposes
-     Issue related expenses 

 

 

Company Financials

 

Particulars

For the year/period ended (in Rs. Lakhs)

 

31-Mar-17

31-Mar-16

Total Assets

631.20

219.39

Total Revenue

1577.26

663.82

Profit After Tax (PAT)

97.20

58.97

 

 

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