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 | |||||
| Revenue | Expense | PAT | |||
| 2014 | 12.8 | 12.1 | 0.50 | ||
| 2015 | 12.4 | 12.2 | 0.16 | ||
| 2016 | 12.2 | 12,2 | 0.01 | ||
| 2017 | 10.7 | 9.3 | 0.98 | ||
| 2018 | 20.3 | 16.0 | 3.09 | ||
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:
- PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
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
