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.

Company Financials

Particulars

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

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

 

Total Assets

13,873.29

12,817.78

12,607.20

11,671.62

9,936.60

 

Total Revenue

10,235.96

9,438.88

9,204.92

7,734.81

7,833.22

 

Profit After Tax

186.01

167.64

316.76

269.24

232.48

 

 

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

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total

Listing Day Trading Information

- BSE NSE
Issue Price - -
Open - -
Low - -
High - -
Last Trade - -
Volume - -

Innovators Facade Systems Limited User Rating

Votes
0

Innovators Facade Systems Limited Life IPO Reviews

Innovators Facade Systems Limited IPO News & Updates

Frequently Asked Questions

Yes, you can always trade an IPO through a discount broker. Buying & selling an IPO becomes very easy once the trading and the demat account are set up appropriately.
Following are the benefits in buying and selling an IPOs through a discount broker. Reduced Brokerage Fee: Discount brokers charge a flat brokerage which is missing in case of full service brokers. Full service brokers usually charge %age brokerage and this incurs a lot of cost to an investors. So if any full service broker charge a brokerage of let say 0.03% then on a purchase of shares of worth of Rs 200,000 you end up paying Rs 600+ Taxes. In our case we charge a flat brokerage of Rs 20 + Taxes. Discount brokers therefore saves a lot of money of investors. Better Trading Platform: Usually discounts brokers don’t provide a good trading platform and experience but there are few discounts brokers like Samco, who are now focussing on delivering a world class trading platform and top notch user experience. Therefore narrowing down the gap between discount brokers and full service brokers.
Technically Speaking, SEBI has made mandatory to buy an IPO through ASBA channel but there is no regulation on how any investor can sell an IPO allotted shares. Therefore, smart investors can always sell IPO allotted shares through a discount broker

Comments

Start IPO Trading through SAMCO

Don't have a Trading Account !!!
Open an account with Samco and Do IPO Trading for Just Rs 20. For more details, share your contact details with us