IPO Issue Details
Issue Price / Price Band₹117 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size50 Shares per Lot
Total Issue Size70,00,000 shares (aggregating up to ₹81.90 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 20 Jul 2011
Subscription CloseFri, 22 Jul 2011
Anchor AllotmentTue, 19 Jul 2011
Basis of AllotmentThu, 28 Jul 2011
Initiation of RefundsFri, 29 Jul 2011
Credit of Shares to DematFri, 29 Jul 2011
Listing DateThu, 04 Aug 2011
UPI Mandate Deadline2011-07-22
Application & Investment Details
Retail — Min (1 Lots)₹5,850 — 50 shares
Retail — Max (13 Lots)₹76,050 (13 Lots)
HNI — Min (35 Lots)₹2,04,750 — 1,750 shares
Pre-IPO Promoter Holding1,40,00,000 shares
Post-IPO Promoter Holding2,10,00,000 shares
About Inventure Growth & Securities Ltd.
Incorporated in 1995, Inventure Growth and Securities Ltd (IGSL) is a flagship Company of Inventure Group. They offer trading services in equity cash and derivatives market, debt market, commodities and currency futures segment to financing activity, wealth management, and distributions of financial product.IGSL is providing advisory and innovatively structured financial solutions in the area of fund raising, infrastructure development, government borrowing, corporate restructuring and money market intermediation. At the retail level, Inventure provides investment advisory service and distributes financial products like mutual funds, insurance products, etc. IGSL's client includes institutional clients, high net worth individuals and retail investors. Inventure operates through 224 business locations including branches, franchisees (Remisiers and Authorised Person) and sub-brokers located across India.
Objects of the Issue
Inventure Growth & Securities Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Investment in subsidiary, IFPL
30.00
2
2 Augmenting Long Term Working Capital Requirement
20.00
3
3 General corporate purposes
27.65
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,40,00,000 shares
Post-IPO Promoter Holding
2,10,00,000 shares