Innovatus Entertainment Networks Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹5(10.00%)
Premium (ELP)
The Initial Public Offering of Innovatus Entertainment Networks Limited's culminated in its successful listing on Aug 04, 2023 at the BSE trading platform. The company secured 15,48,000 Shares through this capital market exercise, with 15,48,000 Shares allocated to new capital formation.
Investors participated within the price parameters of ₹50 to ₹50, with minimum investment requirements of 3000 shares. The subscription period from Jul 25, 2023 to Jul 27, 2023 witnessed active investor engagement across categories.
Following the subscription closure, share allotment was processed on Aug 01, 2023. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2012, Innovatus Entertainment Networks Limited provides end-to-end direct marketing solutions including management services, CRM, B2B & B2C marketing, activations, and exhibitions. The company offers a wide range of services such as event management, event coordination, publicity (pre & post event), production, printing, venue booking, staffing, celebrity management, transportation, accommodation, catering, translators, and on-site management. They also handle advanced technical support, school/college activation, mall and society promotions, exhibition design & fabrication, semi & permanent displays, electrical construction, graphic design & production, lighting, billboards, signage, and global exhibit management with custom and system rental programs.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Creative and innovative campaign execution.
- Strong partnerships & sponsorship engagement.
- Sharp client-focused approach.
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