Innovatiview India Ltd plans to launch an IPO worth Rs 200 Cr. This IPO is totally, OFS process by Promoters and shareholders.
The equity shares of the company are proposed to be listed on the BSE and NSE.
This Offer process considers Promoters’ and shareholders’ shares below the line.
Ashish Mittal and Ankit Agarwal will sell shares worth up to Rs800 crore, and Vishal Mittal will exist by selling shares Rs Rs320 crore, and Abhishek Agarwal will exist with Rs32 crore by selling respectively.
As it is an OFS process, the company does not use any money from the IPO, all the amount would be given to the promoters and shareholders.
JM Financial, DAM Capital, ICICI Securities, Motilal Oswal Investment Advisors, and Shannon Advisors are selected for the IPO process as they are assigned as lead managers for this IPO.
The company offers a wide range of security solutions, including CCTV surveillance, biometric access controls, physical security measures (like frisking), VoIP communication systems, GPS tracking, and specialized examination infrastructure.
This company is also renowned as one of the first companies in India to present, and incorporate technology in CCTV surveillance and accurate touchless biometric verification solutions for impersonation control in examinations.
Innovatiview India provides a complete range of solutions, including surveillance, biometric control, physical security systems like frisking, voice-over-internet protocol (VoIP) communication systems, GPS tracking, and examination infrastructure.
For FY24, the company revenue of ₹638 crore, while in 2023, it was ₹380.73 crore, and Net profit reached ₹196.72 crore, compared to ₹114.56 crore in FY23.
Innovatiview India IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | To be Updated Soon |
Innovatiview India Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2022 | ₹238.76 | ₹166.74 | ₹56.18 |
| 2023 | ₹382.65 | ₹230.17 | ₹114.56 |
| 2024 | ₹646.95 | ₹383.24 | ₹196.72 |
| September 2024 | ₹493.08 | ₹293.65 | ₹131.01 |
Innovatiview India IPO Valuation – FY2024
Innovatiview India IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹3.98 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 53.20% |
| Net Asset Value (NAV): | ₹7.51 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| NA | NA | NA | NA | NA | – Cr. |
| NA | NA | NA | NA | NA | – Cr. |
Objects of the Issue
- To be updated soon
IPO Lead Managers aka Merchant Bankers
- DAM Capital Advisors Limited
- ICICI Securities Limited
- JM Financial Limited
- Motilal Oswal Investment Advisors Limited
- Shannon Advisors Private Limited
