Innovators Facade Systems Ltd IPO

Closed

Subscription Details

  • Open Date 14 May
  • Close Date 16 May
  • Lot Size 1600
  • IPO Size ₹ 40.76 Cr
  • IPO Price Range ₹ 72
  • Min Investment ₹ 115200

Innovators Facade Systems Ltd IPO Timeline

Open Date
14 May
Close Date
16 May
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial public offer consisting of fresh issue of 56,60,800 equity shares of face value of Rs. 10 each for cash at a price of Rs. 72 per Equity share ( the issue price),(including a share premium of Rs. 62 per equity share), aggregating Rs. 40.76 Crores (the issue), of which 2,88,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 72 per equity share, aggregating Rs. 2.07 Crores will be reserved For subscription by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation Portion i.e. Net issue of 53,72,800 equity shares of face value of Rs. 10 each for cash at a price of Rs. 72 per equity share, aggregating Rs. 38.69 Crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 30% and 28.48% respectively of the fully Diluted post issue paid up equity share capital of the company. The face value of equity shares is Rs.10 each. The issue price is Rs.72 and is 7.2 times the face value of the equity shares.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Innovators Facade Systems Ltd IPO

Contact Information

Address

204 B-65 Sector No 1,
Shanthi Nagar Mira Road (East),
Thane, Maharashtra 401107

Innovators Facade Systems Ltd IPO Lead Manager

Pantomath Capital Advisors Pvt Ltd
Open Demat Account