IPO SYNOPSIS

Innovana Thinklabs Ltd
Registered Office:
Plot No D-41 Patrakar Colony,Raja Park,
Jaipur - 302004,
Rajasthan, India.
Email :  info@pcvark.com
Initial public offer of 11,00,000 equity shares of face value of (₹) 10 each ("equity shares") of Innovana Thinklabs Limited ("The Company" or "Issuer") for cash at a price of (₹) 70.00 per equity share (including a share premium of (₹) 60.00 per equity share) ("issue price") aggregating to (₹) 7.70 crores ("issue") of which 60,000 equity shares of face value of (₹)10.00 each for a cash price of (₹) 70.00 per equity share, aggregating to (₹) 0.42 crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 10,40,000 equity shares of face value of (₹) 10.00 each at an issue price of (₹) 70.00 per equity share aggregating to (₹) 7.28 crores (the "net issue"). The issue and the net issue will constitute 26.83% and 25.37%, respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is (₹) 10 each and the issue price is (₹) 70.00. The Issue price is 7.00 times of the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
29-Nov-17
04-Dec-17
70.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 2000     Further Multiples of : 2000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
7.35
Swastika Investmart Ltd
Project Financed
7.70
 
Post Issue
4.10
 
Issue Price
70.00
 
Projects
To meet working capital requirement
Capital expenditure
General corporate expenses
Promoted By
Chandan Garg
Kapil Garg
Listing At
NSE - SME
Registrar to the Issue
No Data Available!!!
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