The Innovatus Entertainment Networks IPO commenced on July 25, 2023, and concluded on July 27, 2023. The allotment of shares took place on August 01, 2023, and the initiation of refunds began on August 02, 2023. The shares were credited to the demat accounts of investors on August 03, 2023. Finally, the listing of Innovatus Entertainment Networks on the stock exchange occurred on August 04, 2023.
The Innovatus Entertainment Networks IPO was priced at ₹50 per share, with a lot size of 3000. The total issue size was ₹7.74 crores, comprising a fresh issue of ₹7.74 crores. The IPO was listed on the BSE SME.
In terms of quota reservations, the retail quota was reserved for 50% of the shares, the other quota was reserved for 50% of the shares.
Innovatus Entertainment Networks IPO Basic Details
| Company Name | Innovatus Entertainment Networks Limited |
| Domain of Company | Direct marketing solutions |
| Innovatus Entertainment Networks IPO GMP Today | ₹11 |
| Innovatus Entertainment Networks IPO Listing Gain | 22.00% |
| Innovatus Entertainment Networks IPO Open Date | July 25, 2023 |
| Innovatus Entertainment Networks IPO Close Date | July 27, 2023 |
| Innovatus Entertainment Networks IPO Allotment Date | August 01, 2023 |
| Innovatus Entertainment Networks IPO Listing Date | August 04, 2023 |
| Face Value | ₹10 per share |
| Price | ₹50 per share |
| Lot Size | 3000 Shares |
| Issue Size | 1,548,000 shares (aggregating up to ₹7.74 Cr) |
| Fresh Issue | 1,548,000 shares (aggregating up to ₹7.74 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Company Promoters | Azharuddin R. Mulla, Rich Pockets Online Services Limited and Miniboss Consultancy Private Limited |
Innovatus Entertainment Networks IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| 1 August 2023 | ₹12 | 24.00% | ||
| 31 July 2023 | ₹12 | 24.00% | – | – |
| 30 July 2023 | ₹12 | 24.00% | – | – |
| 29 July 2023 | ₹12 | 24.00% | – | – |
| 28 July 2023 | ₹14 | 28.00% | – | – |
| 27 July 2023 | ₹14 | 28.00% | – | – |
| 26 July 2023 | ₹15 | 30.00% | – | – |
| 25 July 2023 | ₹11 | 22.00% | – | – |
| 24 July 2023 | ₹11 | 22.00% | – | – |
| 23 July 2023 | ₹11 | 22.00% | – | – |
| 22 July 2023 | ₹11 | 22.00% | – | – |
| 21 July 2023 | ₹10 | 20.00% | – | – |
Innovatus Entertainment Networks IPO Details:
Founded in 2012, Innovatus Entertainment Networks Limited is your go-to destination for all things direct marketing. We specialize in a wide range of solutions, including Management, CRM, B2B, B2C, Activations, and Exhibitions.
Our services cover Event Management, Activations, and Exhibitions, which include everything you need to make your events a roaring success. From Event Co-ordination, Pre and Post event Publicity, Production, Printing and Distribution, Venue Research and Booking, Staffing, Guest speakers, Celebrity Management, to Transport, Accommodation and Catering, Translators, On-site management, Most advanced technical support, and School/college activation. We’ve got you covered for all your needs.
Additionally, we excel in 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 Signage and Billboards, Lettering, Global Exhibit Management, and Custom and System Rental Program.
What sets us apart from the competition are our key strengths:
- We are known for our creative activations and innovative concepts. Our out-of-the-box thinking ensures flawless execution, making your events truly memorable.
- Engaging in effective partnerships and sponsorships is one of our core strengths. We believe in building strong collaborations that benefit our clients.
- Client satisfaction is at the heart of everything we do. We focus on understanding and meeting the unique needs of each client, ensuring their success is our top priority.
Innovatus Entertainment Networks IPO More Details Click Here
