The Innovatus Entertainment Networks IPO started on July 25, 2023, and ended on July 27, 2023. Shares were allocated on August 01, 2023, and refund processes began on August 02, 2023. On August 03, 2023, the shares were credited to investors demat accounts. Innovatus Entertainment Networks was officially listed on the stock exchange on August 04, 2023.
During the IPO, Innovatus Entertainment Networks offered shares at a price range of ₹50 per share, and the lot size was 3000 shares. The total issue size was ₹7.74 crores, with ₹7.74 crores from new shares. The IPO was listed on the BSE SME.
Regarding share reservations, 50% of the shares were allocated to retail, 50% were reserved for other.
Innovatus Entertainment IPO Subscription Update Video
Innovatus Entertainment Networks IPO Subscription Status
The Innovatus Entertainment Networks IPO on July 27, 2023 was subscribed 105.21 times, with the retail category being subscribed 150.50 times, the other category being subscribed 56.58 times.
| Category | Subscription |
| QIB | 56.58x |
| Retail | 150.50x |
| Total | 105.21x |
Innovatus Entertainment Networks IPO Basic Details
| Company Name | Innovatus Entertainment Networks Limited |
| Domain of Company | Direct marketing solutions |
| IPO Open Date | July 25, 2023 |
| IPO Close Date | July 26, 2023 |
| IPO Allotment Date | August 01, 2023 |
| 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 |
About Innovatus Entertainment Networks Limited
Incorporated back in 2012, Innovatus Entertainment Networks Limited is your go-to destination for all things Direct marketing. They offer a wide array of solutions, including Management, CRM, B2B and B2C services, Activations, and Exhibitions.
Their services cover everything you need for successful events, activations, and exhibitions. From Event Management to Co-ordination, Pre and Post event Publicity, Production, Printing and Distribution, Venue Research and Booking, Staffing, Guest speakers, Celebrity Management, Transport, Accommodation and Catering, Translators, On-site management, Most advanced technical support, and School/college activation.
They’ve got you covered for Mall and Society promotions, Event Production, Exhibition services, Design and Fabrication, as well as Semi and Permanent Displays, Electrical Construction and Consultation, Graphic illustration and Production, Lighting, Semi, and Permanent Signage and Billboards, and Lettering. They even offer Global Exhibit Management and Custom and System Rental Program.
In terms of their strengths, they really stand out in three areas:
- They have a knack for creative activations and thinking outside the box, which leads to innovative concepts executed flawlessly.
- They are skilled at forming engaging partnerships and securing sponsorships to elevate their projects.
- Above all, their focus remains firmly on their clients, ensuring they deliver the best possible service and results.
With Innovatus Entertainment Networks Limited, you can expect top-notch marketing solutions and a commitment to making your projects a resounding success.
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Innovatus Entertainment Networks IPO FAQs
What is the start and end date of Innovatus Entertainment Networks IPO Subscription?
The Innovatus Entertainment Networks IPO started on July 25, 2023, and ended on July 27, 2023.
When does Innovatus Entertainment Networks IPO Subscription open?
The Innovatus Entertainment Networks IPO open on July 25, 2023.
When does Innovatus Entertainment Networks IPO Subscription close?
The Innovatus Entertainment Networks IPO Close on July 27, 2023.
What is the allotment date of Innovatus Entertainment Networks IPO?
The allotment date for Innovatus Entertainment Networks IPO is August 01, 2023.
When is the initial refund date of Innovatus Entertainment Networks IPO?
The initial Refund date for Innovatus Entertainment Networks IPO is August 02, 2023.
When were the shares credited to investors demat accounts for the Innovatus Entertainment Networks IPO?
The shares for the Innovatus Entertainment Networks IPO were credited to investors demat accounts on August 03, 2023.
When will Innovatus Entertainment Networks IPO be listed on the stock market?
Innovatus Entertainment Networks IPO stock market will be listed on August 04, 2023 at 10 am.
What was the price range of the Innovatus Entertainment Networks IPO shares?
The Innovatus Entertainment Networks IPO shares were offered at a price range of ₹50 per share.
What was the lot size for the Innovatus Entertainment Networks IPO shares?
The lot size for the Innovatus Entertainment Networks IPO shares was 3000 shares.
What was the total issue size of the Innovatus Entertainment Networks IPO?
The total issue size of the Innovatus Entertainment Networks IPO was ₹7.74 crores.
How were the shares allocated among different types of investors for the Innovatus Entertainment Networks IPO?
50% of the shares were allocated to other and 50% were set aside for retail investors.
On which stock exchanges was the Innovatus Entertainment Networks IPO listed?
The Innovatus Entertainment Networks IPO was listed on the BSE SME.
What is the Innovatus Entertainment Networks IPO Subscription Status?
Innovatus Entertainment Networks IPO is subscribed 00 Times.
