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Innovative Ideals IPO Dates, Review, Price Band, Allotment & Market Lot

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Innovative Ideals and Services (India) Limited is incorporated in 2000 based in Mumbai. The company provides services of System interaction for security, safety and building automation and installation of various electronics systems. They provides services to home automation systems, access controls, video door phone, cctv systems, intrusion alarm system, fire alarm system and more. They also provide services to B2B segment to residential constructions. They have brand names like for video door phones “Onyx” and “Inok” and for home automation solutions “eHomes”. They also have FTTH solutions which allow multiple ISPs to use single fiber cable to provide their services to customers. They are authorized distributors of FERMAX Electronica S.A.U. for products like FERMAX Audio/Video Door Entry System. They has entered into Tata Sky Broadband agreement for provision of broadband services from March 2018 to March 2023. They over over 60 employees on payroll. Innovative Ideals ipo is starting from 24-September and ends on 26-September. The price band is around Rs.36-40 with 3000 market lot. The ipo size is around 12.26 crore rupees.

IPO Review:

  • Good for Long Term

Innovative Ideals IPO Dates & Price Band:

  • IPO Open: 26-September-2018
  • IPO Close: 28-September-2018
  • IPO Size: Approx Rs 12.26 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.35-40 Per Equity Share
  • Listing on: BSE SME
  • Shares: 3,066,000
  • Retail Portion: 50%

IPO Market Lot:

  • Shares: Apply for 3000 Shares (Minimum Lot Size)
  • Amount: Rs.1,20,000

IPO Allotment & Listing:

  • Basis of Allotment: 01-October-2018
  • Refunds: 03-October-2018
  • Credit to demat accounts: 04-October-2018
  • Listing: 05-October-2018

Financial Results:

  Rs. in Crore

Innovative Ideals IPO Important Links:

Company Promoters:

  • Maqsood Shaikh
  • Tazyeen Shaikh

Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Bigshare Services Private Limited
Phone: +91 22 4043 0200
Fax: +91 22 2847 5201
Email: [email protected]
Website: www.bigshareonline.com

IPO Lead Managers:


Company Address:
Innovative Ideals and Services (India) Limited
E- 202, 2nd floor, Skypark
Off Ajit Glass Road, Oshiwara
Goregoan (W), Mumbai-400104
Phone: +91 022-6739 2121
Email: [email protected]
Website: www.innovative.in

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