Innovana Thinklabs Limited IPO

Add to Calendar 2017-11-29 12:00 AM 2017-12-04 12:00 AM Asia/Kolkata Innovana Thinklabs Limited IPO Innovana Thinklabs Limited IPO India

 

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

 

 

Issue Detail

  • Issue Open: Nov 29, 2017
  • Issue Close: Dec 04, 2017
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 70 Per Equity Share
  • Bid Lot:2000 Shares
  • Minimum Order Quantity:2000 Shares
  • Listing At: NSE SME
  • Issue Size: • Rs 7.70 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 0 550,000 550,000 - - 1,100,000
Day 1 - Nov 29, 2017IST - - - - - -
Day 2 - Nov 30, 2017IST 0 66,000 138,000 - - 204,000
Day 3 - Dec 04, 2017IST 0 1,304,000 1,438,000 - - 2,742,000

Listing Day Trading Information

- BSE NSE
Issue Price Rs 70.00
Open - Rs 77.00
Low - Rs 75.00
High - Rs 84.00
Last Trade - Rs 83.60
Volume - 506,000

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