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Innovators Facade Systems Ltd.

Innovators Facade Systems Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹72
₹72
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹72
Based on GMP
Min. Investment
₹115,200
1 lot × 1600 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
14 May 2018
Close Date
16 May 2018
Allotment
22 May 2018
Listing Date
24 May 2018
Exchange
BSE SME
Price Band
₹72
Listing Price
See chart
Allotment Status
Price Band
₹72
Per share
Face Value
₹10 per share
 
Lot Size
1,600 Shares
per lot
Issue Size
56,60,800 shares (aggregating up to ₹40.76 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹115,200
1 lot
Pre-IPO Holding
1,32,07,008 shares
Promoters
Post-IPO Holding
1,88,67,808 shares
Promoters
UPI Deadline
2018-05-16
Mandate
Anchor AllotmentSun, 13 May 2018
Basis of AllotmentTue, 22 May 2018
Refund InitiationWed, 23 May 2018
Demat CreditWed, 23 May 2018
Listing DayThu, 24 May 2018
UPI Mandate Deadline2018-05-16
Sale TypeFresh Capital
Net Offer to Public53,72,800 shares (aggregating up to ₹38.68 Cr)
Market Maker Quota2,88,000 shares (aggregating up to ₹2.07 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Innovators Facade Systems Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 16 May 2018.
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
288,000
₹2.07
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
5,660,800
100% ₹40.76
IPO Shares Offered
Innovators Facade Systems Ltd. IPO total issue size: ₹40.76 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 288,000 ₹2.07
5.09%
Total 5,660,800 ₹40.76
100.00%
* Based on upper price band ₹72 per share
Lot Size & Investment
Lot Size
1,600
Shares per Lot
Issue Price
₹72.00
Upper Band
Min Investment
₹115,200
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)23,200₹230,400
Retail (Max — 13 Lots)1320,800₹1,497,600
S-HNI (Min — 14 Lots)1422,400₹1,612,800
B-HNI (Min — 68 Lots)68108,800₹7,833,600
* Issue Price ₹72 × Lot Size 1,600 shares
IPO Schedule
Anchor
13 May 2018
✓ Done
IPO Open
14 May 2018
✓ Done
IPO Close
16 May 2018
✓ Done
Allotment
22 May 2018
✓ Done
Refunds
23 May 2018
✓ Done
Demat Credit
23 May 2018
✓ Done
Listing Day
24 May 2018
✓ Done
Innovators Facade Systems Ltd. — Live Price LIVE
₹72.00
INR · BSE
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Issue ₹72.00 Live Price
About Innovators Facade Systems Ltd.
Incorporated in 1999, Maharastra based Innovators Façade Systems Limited is a company engaged in designing, engineering, fabrication, and installation of façade systems. The company offers total solutions to its customers with respect to their requirement of façade installation in complex projects. It specializes in technically demanding facades. With an operating history of more than eighteen years, the company has developed a brand image in the façade industry.The manufacturing facility of Innovators is situated at Wada, Maharashtra and is spread over 1,25,000 square feet. The product basket ranges from glazing /curtain walls, high-end doors & windows, skylights, canopies, frameless glazing, MS structures, stone cladding, metal cladding, roofing, & others. The registered office of the Company is situated at Mumbai and it has 7 branch offices across India.Innovators Facade has a widespread presence and is executing projects in various states such as Maharashtra, Goa, Haryana, Karnataka, Tamil Nadu, Uttar Pradesh and West Bengal. The company has executed around 200 projects and has long-standing reputed clients across the construction industry. It has offered its services for varied type of construction projects including residential buildings, commercial complexes, IT Parks, airports, retail and pharma projects. The company has a recognized list of clients including M/s. Hiranandani Realtors Pvt. Ltd., M/s. Relcon Infraprojects Limited, M/s. Larsen & Toubro Limited, M/s. Grauer & Weil (I) Limited etc. among others.The current manpower strength is 198 employees out of which the company has 76 personnel including Executive directors, accountants, administrative executives, supervisors, Estimation and designer, 6 business development, marketing and sales personnel and 6 employees in the purchase department.
Objects of the Issue
1
1 Upgradation and modernization of existing manufacturing facility
2
2 Funding the working capital requirements of the Company
3
3 General corporate purposes
Innovators Facade Systems Ltd. Financials (Amount in Crore)
Revenue from Operations
₹920.5
31-Mar-15
₹943.9
31-Mar-16
₹1,023.6
31-Mar-17
Profit After Tax (PAT)
₹31.7
31-Mar-15
₹16.8
31-Mar-16
₹18.6
31-Mar-17
Particulars31-Mar-1731-Mar-1631-Mar-15
Revenue from Operations 1023.60 943.89 920.49
EBITDA N/A N/A N/A
Profit After Tax (PAT) 18.60 16.76 31.68
Net Worth N/A N/A N/A
Total Assets 1387.33 1281.78 1260.72
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered56,60,800 (100.00%)
Net Offer to Public53,72,800 shares (aggregating up to ₹38.68 Cr)
Reserved for Market Maker2,88,000 shares (aggregating up to ₹2.07 Cr)
Pre-Issue Promoter Holding1,32,07,008 shares
Post-Issue Promoter Holding1,88,67,808 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Pantomath Capital Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Innovators Facade Systems Ltd. IPO subscribed?

Innovators Facade Systems Ltd. IPO is subscribed 1.00 times by May 16, 2018. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Innovators Facade Systems Ltd. IPO retail subscription status?

The Innovators Facade Systems Ltd. IPO retail category is subscribed 1.00 times as of 16 May 2018. The retail portion is oversubscribed.

How to subscribe Innovators Facade Systems Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 14 May 2018 and closes 16 May 2018. Min investment: ₹115,200 (1 lot = 1,600 shares). UPI mandate: 2018-05-16.

How many times Innovators Facade Systems Ltd. IPO subscribed?

The Innovators Facade Systems Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Innovators Facade Systems Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 22 May 2018. Refunds: on 23 May 2018.

When Innovators Facade Systems Ltd. IPO will be listed?

The Innovators Facade Systems Ltd. IPO listing date is 24 May 2018, Thursday. Listed on: BSE SME. Issue price: ₹72. Estimated listing: ₹72. GMP: NIL.

When Innovators Facade Systems Ltd. IPO close?

The Innovators Facade Systems Ltd. IPO closes on 16 May 2018, Wednesday. UPI mandate: 2018-05-16. Allotment: 22 May 2018. Listing: 24 May 2018.