Innokaiz India IPO Details ( Innokaiz India Limited IPO Review )
(28 Apr 2023 – 03 May 2023)
Innokaiz India Limited, established in 2013, delivers a range of services including event management, corporate gifting, advertising, and marketing in both offline and online formats.
The following categories constitute the service model of the company:
- Advertising and Marketing Services: The company offers a variety of services for outdoor advertising, including Bus Shelters, Arches, Police Booth, General Booth, Pole Kiosk, Signal Post, Temp Hoarding, Sun Pack flute Board, Backdrop, Banners, Roadshows, Mobile Vans, and more. They also provide signage options such as Backlit Board, Nonlit Board, ACP Pylon, Acrylic Boards, Cutout, Standee, among others.
- Digital Marketing: The company specializes in SEO, UI/UX, Content Marketing, and Web Development services.
- Event Management: In addition, the company offers comprehensive event management services for corporate events such as Meetings, Incentive Programs, and Conferences, Exhibitions (MICE). They cater to a range of industries, including Banking, Insurance, Asset Management Companies, among others, and have successfully managed more than 200 events of varying scales to date.
- Corporate Gifting: The company offers gift vouchers and customized solutions that are suitable for various occasions. They can also personalize the gifts and print logos according to the design requirements.
- E-commerce: The company has an e-commerce platform where they offer a range of products, including Home Appliances, Electronic Gadgets, Mobiles, Laptops, Toys, and other everyday necessities.
The company holds a world record for conducting 15,250 roadshows and activities for lead generation and sales promotion.
Innokaiz India Limited IPO Competitive Strength
- Experience and Track Record
- Experienced Promoter and Management team
- Established relationship with existing customers
- Comprehensive Telecom Support Services
- Client Focus
- Progressive Employer
Innokaiz India IPO Financials Performance ( Results )
Innokaiz India Limited Financial Information ( Restated )
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-20 | 2,568.38 | 13,872.44 | 361.55 | 4.81 | 541.93 | 7.22 | 540.93 | 110.60 |
| 31-Mar-21 | 3,871.07 | 18,506.21 | 509.15 | 6.78 | 1,051.09 | 14.00 | 1,050.09 | 103.52 |
| 31-Mar-22 | 4,972.47 | 28,609.09 | 791.63 | 10.54 | 1,842.72 | 24.54 | 1,841.72 | 132.17 |
| 31-Oct-22 | 4,763.15 | 14,883.52 | 610.28 | 3.86 | 2,453.00 | 28.39 | 1,702.00 | 93.62 |
Objective of IPO Issue
- Working capital requirements
- General corporate purposes
Innokaiz India IPO Basic Details
| IPO Date | Apr 28, 2023 to May 03, 2023 |
| Listing Date | Thursday, May 11, 2023 |
| Face Value | ₹10 per share |
| Price | ₹76 to ₹78 per share |
| Lot Size | 1600 Shares |
| Issue Size | 2,713,600 shares (aggregating up to ₹21.17 Cr) |
| Fresh Issue | 2,713,600 shares (aggregating up to ₹21.17 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| QIB Shares Offered | 515,200 (18.99%) |
| NII (HNI) Shares Offered | 523,200 (19.28%) |
| Retail Shares Offered | 902,400 (33.25%) |
| Company Promoters | Mr. Balakrishnan Sukumarbalakrishnan |
Innokaiz India IPO Timetable
Innokaiz India IPO will open on Apr 28, 2023 and close on May 03, 2023. You can join Innokaiz India IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | Apr 28, 2023 |
| Closing Date | May 3, 2023 |
| Basis of Allotment | May 8, 2023 |
| Initiation of Refunds | May 9, 2023 |
| Credit of Shares to Demat | May 10, 2023 |
| Listing Date | May 11, 2023 |
Innokaiz India IPO Lot Size
For retail investors in Innokaiz IPO, 1600 shares will come in 1 lot or the minimum investment will be ₹124,800. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹124,800.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1600 | ₹124,800 |
| Retail (Max) | 1 | 1600 | ₹124,800 |
| S-HNI (Min) | 2 | 3200 | ₹249,600 |
Innokaiz IPO Promoter Holding
| Pre Issue Share Holding | 98.00% |
| Post Issue Share Holding | 71.99% |
Innokaiz India Limited IPO Valuation – FY2022
| Earning Per Share (EPS) | ₹10.54 per Equity Share |
| Price/Earning P/E Ratio | 7.62 |
| Return on Net Worth (RoNW) | 42.96% |
| Net Asset Value (NAV) | ₹24.54 per Equity Share |
| Upper Price/Book Value (Price/BV) Ratio | 24.54 |
Innokaiz India Ltd Key Performance Indicator
| KPI | Values |
| Market Cap (₹ Cr.) | 20.62 |
| P/E (x) | 7.62 |
| ROE (%) | 42.96 |
| ROCE (%) | 56.46 |
| Debt/Equity | 0.07 |
Innokaiz India Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CPM (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) | P/BV Ratio |
| Innokaiz India Limited | Consolidated | – | 10 | 10.54 | 7.62 | 42.96 | 24.54 | – |
| Peer Group | ||||||||
| DAPS Advertising Ltd | Consolidated | 36.00 | 10 | 3.14 | 11.46 | 7.65 | 24.03 | 1.17 |
| Brandbucket Media & Technology Limited | Consolidated | 27.80 | 10 | 0.74 | 37.57 | 44.04 | 32.15 | 0.55 |
Innokaiz India IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 03 May 2023 | ₹15 | – | – |
| 02 May 2023 | ₹10 | – | – |
| 01 May 2023 | ₹10 | – | – |
| 30 April 2023 | ₹10 | – | – |
| 29 April 2023 | ₹10 | – | – |
| 28 April 2023 | ₹8 | – | – |
| 27 April 2023 | ₹7 | – | – |
| 26 April 2023 | ₹7 | – | – |
Innokaiz India IPO Detail Video:
Innokaiz India IPO Subscription Status (Bidding Detail)
The Innokaiz India IPO on May 3, 2023 at 7:29:00 PM was subscribed 88.43 times, with the retail category being subscribed 46.10 times, the NII (Non-Institutional Investor) category being subscribed 303.92 times and the QIB (Qualified-Institutional Buyers) category being subscribed 23.93 times.
| Category | Subscription |
| QIB | 23.93x |
| NII | 303.92x |
| Retail | 46.10x |
| Total | 88.43x |
Innokaiz India IPO Prospectus
Innokaiz India IPO Rating
| Our Rating | 2.0/5.0 |
Innokaiz India Compnay Contact Information
Innokaiz India Limited
Registered Office: Door No. 43, Old No. 22, Real Enclave,
Flat No. 1, 4th Floor, Josier Street, Nungambakkam,
Chennai- 600034, Tamil Nadu, India
Contact Person: 044-28250545 , Managing Director and Compliance Officer
Tel: 044-28250545
E-mail: info@innokaiz.com
Website: www.innokaizindia.com
Our Promoter: Mr. Balakrishnan Sukumarbalakrishnan
Innokaiz India IPO Registrar
Bigshare Services Private Limited
Registered Office: S6-2, 6th Pinnacle Business Park, Mahakali Caves Road,
next to Ahura Centre, Andheri East, Mumbai- 400093, Maharashtra, India
Tel No.: +91 – 22 – 6263 8200
Fax No.: +91 – 22 – 6263 8299
E-mail: ipo@bigshareonline.com
Investor Grievance E-mail: investor@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Mr. Ankit Chindarkar
SEBI Registration No.: INR000001385
CIN: U99999MH1994PTC076534
Innokaiz India IPO Lead Manager
Gretex Corporate Services Limited
Registered Office: Office No. 13, 1st Floor, New Bansilal Building,
Raja Bahadur Mansion, 9-15, Homi Modi Street, Fort,
Mumbai– 400001, Maharashtra, India.
Tel No.: +91 22 4002 5273 / 96532 49863
Email: info@gretexgroup.com
Website: www.gretexcorporate.com
Contact Person: Ms. Dimple Magharam Slun
SEBI Registration No: INM000012177
CIN: L74999MH2008PLC288128
Innokaiz India IPO FAQs
What is the lot size of Innokaiz India IPO?
The total size of Innokaiz India IPO is ₹21.17 crores and this is a complete fresh Issue.
When will Innokaiz India IPO start?
Innokaiz India IPO will Open from 28 April 2023 and IPO will Close on 03 May 2023.
What is the open date of Innokaiz India IPO?
Innokaiz India IPO will open date from 28 April 2023.
What is the last date ( close date ) of Innokaiz India IPO?
Innokaiz India IPO will close from 03 May 2023.
What is the price band of Innokaiz India IPO?
Innokaiz India IPO price band is ₹76 to ₹78. ( Upper Price Band: ₹78, Lower Price Band: ₹76 )
What is the minimum amount required to apply for Innokaiz India IPO?
The minimum investment for retailers to apply for Innokaiz India IPO is ₹124,800 and the maximum investment is ₹124,800.
What is going on gray market premium of Innokaiz India IPO?
View gray market premium of Innokaiz India IPO by Clicking Here
How much is the GMP of Innokaiz India IPO?
Watch Innokaiz India IPO GMP Today: Click Here
What is the allotment date of Innokaiz India IPO?
The allotment date of Innokaiz India IPO is 08 May 2023.
How to check allotment status in Innokaiz India IPO?
To check the allotment status of Innokaiz India IPO, first of all go to the registrar website by clicking here, select your bad Innokaiz India IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Innokaiz India IPO?
The Listing Date of Innokaiz India IPO is 11 May 2023.
How much will be the listing gain in Innokaiz India IPO?
View listing gain of Innokaiz India IPO by Clicking Here
How much time Innokaiz India IPO is subscribed?
Total 88.43 times subscribed in Innokaiz India IPO out of which 46.10 times subscription was done in retail quota, 303.92 times subscription in NII quota and 23.93 times subscription in QIB quota.
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