Innovators Facade Systems Limited IPO

Add to Calendar 2018-05-14 12:00 AM 2018-05-16 12:00 AM Asia/Kolkata Innovators Facade Systems Limited IPO Innovators Facade Systems Limited India

Innovators Facade Systems Limited is Maharashtra based company engaged in end to end process related to facade systems meaning that the company offers complete solutions to its customers required in the facade systems installations in complex projects. The rich experience of around 2 decades in facade industry has made Innovators facade systems limited as one of the leading players in the industry. Therefore to maintain the position in the market, company has employed around 200 employees across departments.

Date of establishment: The company was incorporated in 1999

Promoters of Innovators Facade Systems Limited : Radheshyam Sharma and Jolly Multitrade Private Limited are the promoters of the company.

Products and Services: The company is into designing, engineering, fabrication, installations of facade systems to customers and offers glazing /curtain walls, high-end doors & windows, skylights, canopies, frameless glazing, MS structures, stone cladding, metal cladding, roofing, & others.

Customers Segment: The company has strong presence in maharashtra, goa, haryana, karnataka, tamil nadu, uttar pradesh and west bengal. The company clients across construction industry. Some of the reputed companies are Hiranandani, Relcon L&T and many more.

Object of the Issue: Issue is brought for:

-      Upgradation and modernization of existing manufacturing facility
-      Funding the working capital requirements of the Company
-      General corporate purposes.

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Issue Detail

  • Issue Open: May 14, 2018
  • Issue Close: May 16, 2018
  • Issue Type: Book Built Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 71 - Rs 72 Per Equity Share
  • Bid Lot:1600 Shares
  • Minimum Order Quantity:1600 Shares
  • Listing At: BSE SME
  • Issue Size: • Rs 40.75 Cr

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