Innovators Facade Systems IPO Dates, Price Band, Market Lot, Allotment & Subscription Details

Innovators Facade Systems Ltd is incorporated in 1999 based in Maharashtra. The company is doing designing, fabrication, engineering and installation of facade systems. They already developed their brand image as Facade Industry specialist. They have their manufacturing facility situated at Wada, Maharashtra. Their product range includes curtain walls, high end doors and windows, framless glazing, stone cladding, metal cladding, skylights and more. They have their presence in states like Maharashtra, Goa, Haryana, Karnataka, Tamil Nadu, Uttar Pradesh and West Bengal. They have few big names in their client list includes Hiranandani Realtors, Relcon Infraprojects, Larsen & Toubro, Grauer & Weil (I) Limited and more. Innovators Facade Systems ipo is starting from 14-May and ends on 16-May. The price band is around Rs.71-72 with 1600 market lot. The ipo size is around 40.75 crore rupees.

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Innovators Facade Systems IPO Dates & Price Band:

• IPO Open: 16 May 2018
• IPO Close: 16 May 2018
• IPO Size: Approx Rs 40.75 Crore
• Face Value: Rs.10 Per Equity Share
• Price Band: Rs.71-72 Per Equity Share
• Listing on: BSE SME
• Shares: 5,660,800
• Retail Portion: 50%

IPO Market Lot:

• Shares: Apply for 1,600 Shares (Minimum Lot Size)
• Amount: Rs.1,15,300

IPO Allotment & Listing:

• Basis of Allotment: 22-May-2018
• Refunds: 23-May-2018
• Credit to demat accounts: 24-May-2018
• Listing: 25-May-2018

Financial Results:

Rs. in Crore
	Revenue	Expense	PAT
2013	78.3	74.8	2.3
2014	77.3	73.4	2.7
2015	92.0	8.73	3.2
2016	94.4	9.18	1.7
2017	102.4	9.95	1.9

Grey Market Premium:

• The grey market is around Rs.9000 Subject to Sauda.

Innovators Facade Systems IPO Subscription Status:

• IPO Subscribed 33.57 times overall
  

Innovators Facade Systems IPO Allotment Status:

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Company Promoters:

• Radheshyam Sharma
• Jolly Multitrade Private Limited

Quick Links:
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IPO Registrar:
Link Intime India Private Ltd
Phone: +91-22-25963838
Fax: +91-22-25946969
Email: [email protected]
Website: http://www.linkintime.co.in
IPO Lead Managers:

•  Pantomath Capital Advisors Pvt. Ltd.

Company Address:
Innovators Facade Systems Limited
204, B-65, Sector No 1,
Shanti Nagar, Mira Road (East),
Thane- 401107
Phone: 022- 28132151
Fax: 022- 28132151
Email: [email protected]
Website: http://www.innovators.in