Innovana Thinklabs Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

29 Nov 2017

Close Date

04 Dec 2017

Allotment

10 Dec 2017

Listing Date

12 Dec 2017

Exchange

NSE SME

Price Band

₹70

Listing Price

See chart

Allotment Status

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Price Band

₹70

Per share

Face Value

₹10 per share

Lot Size

2,000 Shares

per lot

Issue Size

11,00,000 shares (aggregating up to ₹7.70 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹140,000

1 lot

Pre-IPO Holding

30,00,000 shares

Promoters

Post-IPO Holding

41,00,000 shares

Promoters

UPI Deadline

2017-12-04

Mandate

Anchor AllotmentTue, 28 Nov 2017

Basis of AllotmentSun, 10 Dec 2017

Refund InitiationMon, 11 Dec 2017

Demat CreditMon, 11 Dec 2017

Listing DayTue, 12 Dec 2017

UPI Mandate Deadline2017-12-04

Sale TypeFresh Capital

Net Offer to Public10,40,000 shares (aggregating up to ₹7.28 Cr)

Market Maker Quota60,000 shares (aggregating up to ₹0.4200 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

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BSE ListingView on BSE →

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Subscription Rate Final

Innovana Thinklabs Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 04 Dec 2017.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	60,000	—	₹0.42
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,100,000	100%	₹7.70

IPO Shares Offered

Innovana Thinklabs Ltd IPO total issue size: ₹7.70 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	60,000	₹0.42	5.45%
Total	1,100,000	₹7.70	100.00%

* Based on upper price band ₹70 per share

Lot Size & Investment

Lot Size

2,000

Shares per Lot

Issue Price

₹70.00

Upper Band

Min Investment

₹140,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	4,000	₹280,000
Retail (Max — 13 Lots)	13	26,000	₹1,820,000
S-HNI (Min — 14 Lots)	14	28,000	₹1,960,000
B-HNI (Min — 68 Lots)	68	136,000	₹9,520,000

* Issue Price ₹70 × Lot Size 2,000 shares

IPO Schedule

Anchor

28 Nov 2017

✓ Done

IPO Open

29 Nov 2017

✓ Done

IPO Close

04 Dec 2017

✓ Done

Allotment

10 Dec 2017

✓ Done

Refunds

11 Dec 2017

✓ Done

Demat Credit

11 Dec 2017

✓ Done

Listing Day

12 Dec 2017

✓ Done

₹70.00

INR · NSE

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Issue ₹70.00 Live Price

About Innovana Thinklabs Ltd

Incorporated in 2015, Innovana Thinklabs Limited (Formerly known as PCVARK Software Limited) is Jaipur, Rajasthan based software and application development company. Innovana design, develop and maintain software systems and solutions, create new applications and enhance the functionality of our customers existing software products. Company's product portfolio includes Ad-blocker, disk cleanup, space reviver, file opener and privacy protector etc.Innovana Thinklabs has developed number of utilities which are used in 13 different languages and over 126 countries. Innovana employs total of 84 employees (including permanent and on-call software professionals/technicians).

Objects of the Issue

To Meet Working Capital Requirement

Capital Expenditure

General Corporate Expenses

Innovana Thinklabs Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹663.8

31-Mar-2016

₹1,577.3

31-Mar-2017

₹539.4

30-Jun-2017

Profit After Tax (PAT)

₹59.0

31-Mar-2016

₹97.2

31-Mar-2017

₹27.7

30-Jun-2017

Particulars	30-Jun-2017	31-Mar-2017	31-Mar-2016
Revenue from Operations	539.40	1577.26	663.82
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	27.74	97.20	58.97
Net Worth	203.91	176.17	78.97
Total Assets	1531.68	631.20	219.39
Reserves & Surplus	183.91	156.17	58.97
Borrowings	75.00	198.48	5.55
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered11,00,000 (100.00%)

Net Offer to Public10,40,000 shares (aggregating up to ₹7.28 Cr)

Reserved for Market Maker60,000 shares (aggregating up to ₹0.4200 Cr)

Pre-Issue Promoter Holding30,00,000 shares

Post-Issue Promoter Holding41,00,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeINNOVANA-BE

Registrar & Lead Managers

IPO Registrar

SKYLINE FINANCIAL SERVICES PRIVATE LIMITED

+91 11 64732681-88

virenr@skylinerta.com

https://www.skylinerta.com

Check Allotment

Book Running Lead Managers

SWASTIKA INVESTMART LIMITED

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Innovana Thinklabs Ltd IPO subscribed? ▲

Innovana Thinklabs Ltd IPO is subscribed 1.00 times by Dec 04, 2017. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Innovana Thinklabs Ltd IPO retail subscription status? ▼

The Innovana Thinklabs Ltd IPO retail category is subscribed 1.00 times as of 04 Dec 2017. The retail portion is oversubscribed.

How to subscribe Innovana Thinklabs Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 29 Nov 2017 and closes 04 Dec 2017. Min investment: ₹140,000 (1 lot = 2,000 shares). UPI mandate: 2017-12-04.

How many times Innovana Thinklabs Ltd IPO subscribed? ▼

The Innovana Thinklabs Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Innovana Thinklabs Ltd IPO allotment? ▼

Check allotment on the registrar website (SKYLINE FINANCIAL SERVICES PRIVATE LIMITED) at https://www.skylinerta.com. Enter your PAN, application number or DP/Client ID. Allotment date: 10 Dec 2017. Refunds: on 11 Dec 2017.

When Innovana Thinklabs Ltd IPO will be listed? ▼

The Innovana Thinklabs Ltd IPO listing date is 12 Dec 2017, Tuesday. Listed on: NSE SME. Issue price: ₹70. Estimated listing: ₹70. GMP: NIL.

When Innovana Thinklabs Ltd IPO close? ▼

The Innovana Thinklabs Ltd IPO closes on 04 Dec 2017, Monday. UPI mandate: 2017-12-04. Allotment: 10 Dec 2017. Listing: 12 Dec 2017.

Quick Actions

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Live Price LIVE

Last Price₹70.00

Change—

Issue Price₹70.00

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Quick Summary

StatusListed

Issue Price₹70

Face Value₹10

Lot Size2,000 Sh

Min. Amount₹140,000

GMPNIL

Est. Listing₹70

Subscribed1.00x

Open Date29 Nov 2017

Close Date04 Dec 2017

Allotment10 Dec 2017

Listing Date12 Dec 2017

ExchangeNSE SME

UPI Deadline2017-12-04

Script CodeINNOVANA-BE