Issue Price
₹50
Per Share
GMP
NIL
Grey Market
Est. Listing
₹50
Expected Price
Min. Application
₹300,000
2 lots × 3000 shares
Incorporated in 2012, Innovatus Entertainment Networks Limited offers all the Direct marketing solutions- Management, CRM, B2B and B2C, Activations, and Exhibitions. The company offers services such as Event Management, Activations, and Exhibitions including services like Event Co-ordination, Pre and Post event Publicity, Production, Printing and Distribution, Venue Research and Booking, Staffing, Guest speakers, Celebrity Management, Transport, Accommodation and Catering, Translators, On-site management, Most advanced technical support, and School/college activation. Mall promotion, Society promotion, Event Production, Exhibition, Design and Fabrication, Semi and Permanent Displays, Electrical Construction and Consultation, Graphic illustration and Production, Lighting, Semi, and Permanent Sign age and Bill Board, Lettering, Global Exhibit Management and Custom and System Rental Program.Competitive Strengths:1. Creative activations and lateral approach to innovative concepts and their flawless execution.2. Engage Partnership & Sponsorship.3. Focus on clients.
Innovatus Entertainment Networks Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 78,000 | — | ₹0.39 Cr | — |
| TOTAL | 1,548,000 | 100.00% | ₹7.74 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹150,000 |
| Retail (Max) | 13 | 39,000 | ₹1,950,000 |
| sNII (Min) | 14 | 42,000 | ₹2,100,000 |
| bNII (Min) | 68 | 204,000 | ₹10,200,000 |
| Particulars | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Revenue from Operations | 1093.93 | 787.90 | 784.07 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 48.26 | 30.19 | 33.38 |
| Net Worth | 483.45 | 235.19 | 205.00 |
| Total Assets | 822.63 | 530.83 | 597.72 |
| Reserves & Surplus | 242.45 | 34.19 | 204.00 |
| Total Borrowings | 152.34 | 152.34 | 152.34 |