Innovatus Entertainment Networks IPO Date, Review, Price, Allotment, Analysis

Innovatus Entertainment Networks IPO Details: Innovatus Entertainment Networks IPO date is fixed, The IPO will open on July 25 and will close on July 27. Innovatus Entertainment Networks is an BSE SME IPO to raise ₹₹7.74 crores via IPO. The Innovatus Entertainment Networks IPO price band is fixed at ₹50 with a market lot of 3000 shares.

Innovatus Entertainment Networks IPO

Table of Contents

Innovatus Entertainment Networks offer all the Direct marketing solutions- Management, CRM, B2B, and B2C, Activations, and Exhibitions. We are a creative platform for complete ‘Info-tainment’ with a 360-degree solution. They focus on concept development to create a total turn-key presentation and on-ground execution. The company looks forward to reaching a new level of innovation, through integrated media and satisfactory engagement of the audience and carving an exemplary niche in the field of ‘Infotainment’ and creating a unique identity of a dedicated company on the global map.

Innovatus Entertainment also offers a complete range of designing, media, and printing services. Our strength is media buying where they understand the client’s marketing objective and use the correct media to achieve that objective. They can understand the various media available and use the right mix of media and the right prices to achieve the client’s media objectives.

The company aims to generate results at pat with the expectation of our clients, through research, compelling creative works, and strategic media planning. Our strength lies in creative activations and a lateral approach to innovative concepts and their flawless execution. We believe in building long-term relationships with our clients. They strive to measure success for our clients through increased brand awareness, impact on sales volume, and other parameters mutually agreed upon with the clients.

Objects of the Issue:

  • Augmenting additional working capital requirements.
  • Purchase of Exhibition Related Material
  • General Corporate Purposes.

Innovatus Entertainment Networks IPO Review

  • Avoid

Innovatus Entertainment Networks IPO Date & Price Band Details

IPO Open:July 25, 2023
IPO Close:July 27 2023
IPO Size:Approx ₹7.74 Crores, 1,548,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹50 Per Equity Share
IPO Listing on:BSE SME
Retail Quota:50% of the net offer
QIB Quota:[.]% of the net offer
NII Quota:50% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors in IPO:Click Here

Innovatus Entertainment Networks IPO Market Lot

The Innovatus Entertainment Networks IPO minimum market lot is 3000 shares with a ₹150,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum13000₹150,000
Retail Maximum13000₹150,000
S-HNI Minimum26000₹300,000

Innovatus Entertainment Networks IPO Dates

The Innovatus Entertainment Networks IPO date is July 25 and the IPO close date is July 27. The IPO allotment date is August 1 and the IPO might list on August 4.

IPO Open Date:July 25, 2023
IPO Close Date:July 27, 2023
Basis of Allotment:August 1, 2023
Refunds:August 2, 2023
Credit to Demat Account:August 3, 2023
IPO Listing Date:August 4, 2023

You can check IPO subscription status and IPO allotment status on their respective pages.

Innovatus Entertainment Networks IPO Form

How to apply Innovatus Entertainment Networks IPO? You can apply Innovatus Entertainment Networks IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Innovatus Entertainment Networks IPO in the Invest section. The other option you can apply Innovatus Entertainment Networks IPO via IPO forms download via the BSE website. Check out the Innovatus Entertainment Networks forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.


Innovatus Entertainment Networks Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2020₹10.42₹9.66₹0.29
2021₹7.84₹7.05₹0.33
2022₹7.88₹7.25₹0.30
2023 6M₹-₹-₹-

Innovatus Entertainment Networks IPO Valuation – FY2022

Check Innovatus Entertainment Networks 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):₹1.50 per Equity Share
Price/Earning P/E Ratio:33.29
Return on Net Worth (RoNW):12.84%
Net Asset Value (NAV):₹11.70 per Equity Share

Peer Group

  • To be updated soon

Company Promoters

  • Azharuddin R. Mulla
  • Rich Pockets Online Services Limited
  • Miniboss Consultancy Private Limited

Innovatus Entertainment Networks IPO Registrar

Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: [email protected]
Website: https://www.purvashare.com/queries/

Innovatus Entertainment Networks IPO Allotment Status

Check Innovatus Entertainment Networks IPO allotment status on Purva Sharegistry website URL. Click Here

Innovatus Entertainment Networks IPO Lead Managers aka Merchant Bankers

  • Inventure Merchant Banker Services Pvt Ltd

Company Address

Innovatus Entertainment Networks Limited
407, Crescent Royale,
Off New Link Road,
Andheri West, Mumbai – 400053, Maharashtra, Indi
Phone: +91 22 4016 5928
Email: [email protected]
Website: http://www.innovatus.info/

Innovatus Entertainment Networks IPO FAQs


What is Innovatus Entertainment Networks IPO?

Innovatus Entertainment Networks IPO is an BSE SME IPO. They are going to raise ₹7.74 Crores via IPO. The issue is priced at ₹50 per equity share. The IPO is to be listed on BSE.

When Innovatus Entertainment Networks IPO will open?

The IPO is to open on July 25, 2023 for QIB, NII, and Retail Investors.

What is Innovatus Entertainment Networks IPO Investors Portion?

The investors’ portion for QIB is [.], NII is 50%, and Retail is 50%.

How to Apply the Innovatus Entertainment Networks IPO?

You can apply Innovatus Entertainment Networks IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Innovatus Entertainment Networks IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Innovatus Entertainment Networks”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Innovatus Entertainment Networks IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Innovatus Entertainment Networks”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Innovatus Entertainment Networks IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Innovatus Entertainment Networks”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Innovatus Entertainment Networks IPO Size?

Innovatus Entertainment Networks IPO size is ₹7.74 crores.

What is Innovatus Entertainment Networks IPO Price Band?

Innovatus Entertainment Networks IPO Price Band is ₹50 per equity share.

What is Innovatus Entertainment Networks IPO Minimum and Maximum Lot Size?

The IPO bid is 3000 shares with ₹150,000.

What is Innovatus Entertainment Networks IPO Allotment Date?

Innovatus Entertainment Networks IPO allotment date is August 1, 2023.

What is Innovatus Entertainment Networks IPO Listing Date?

Innovatus Entertainment Networks IPO listing date is August 4, 2023. The IPO to list on BSE SME.

Note: The Innovatus Entertainment Networks IPO details are announced officially. The IPO grey market premium (Innovatus Entertainment Networks IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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