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Prospectus synopsis
 
Innovative Ideals and Services India Ltd
Registered Office: E-202 2ndFlr Nr OshiwaraGarden , Off Ajit Glass Road Goregaon(W , Mumbai - 400104 , Maharashtra , India.
Phone:91-22-6739 2121/2678 1173   Fax:
Email: investors@innovative.in   Website:www.innovative.in
Initial public offer consisting of fresh issue of upto 30.66,000 equity shares of face value of Rs.10/- lach fully Paid for cash at a price of Rs.(*) per equity share (the "issue price") (including a share premium of Rs.(*) per equity share) aggregating up to Rs.(*) Crores (the "issue"), of which upto (*) equity' shares of face value of Rs.10/- each for cash at a price of Rs.(*)/- per equity' share, aggregating Rs.(*) Crores well be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion le. Issue of upto (*) equity' shares of face value of Rs.10 - each for cash at a price of Rs.(*)/- per equity' share, aggregating Rs.(*) Crores is hereinafter refered to .as the "not issue". The issue and the net issue will constitute (*)% and (*)% respectively' of the fully diluted post issue raid up equity' share capital of the company. The face value of the equity share is Rs.10 each. Price Band: Rs.36 to Rs.40 per equity share of Rs.10 each and the floor price is 3.6 the face value and the cap price is 4 times the face value.

Issue
Money Payable On
Opens On
Closes On
Application
Allotment
24-Sep-18 26-Sep-18 Rs 36.00-40.00 Rs 0.00-0.00
Minimum Application for shares in Nos : 3000   Further Multiples of : 3000


 
Rs Cr
Lead Managers to the Issue
Project Cost 0.00
Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 11.04  
Post Issue Equity Share Capital 11.38  
Issue Price Rs.36.00  
 
Projects
Funding the Working Capital Requirements of the Company Repayment/Pre-payment of Working Capital facilities availed from Bank of Maharashtra by the company
General Corporate Purposes
Promoted By
Listing At
Registrar to the Issue
 
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