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Innovative Ideals and Services (India) Limited IPO
BSE SMERs 1,20,000 / 3000 Shares
Innovative Ideals and Services (India) Limited IPO Details
The Innovative Ideals and Services (India) Limited IPO price band is set between Rs 36/- to Rs 40/- Per Equity Share, with a face value of Rs 10/- per share. The issue is managed by Bigshare Services Private Limited, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 24 Sep, 2018 and closes on 26 Sep, 2018. Investors can check the allotment status on 3 Oct, 2018, while the listing date is tentatively scheduled for 5 Oct, 2018.
The total issue size is Fresh issue of 30,66,000 Equity Shares of Rs 10/- at a price of Rs 36/- to Rs 40/- per share aggregating to Rs 12.26 Cr, aggregating up to . Stay tuned for the latest Innovative Ideals and Services (India) Limited IPO review and GMP updates.
Innovative Ideals and Services (India) Limited IPO Review, Rating & Analysis
Innovative Ideals and Services (India) Limited IPO Review
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Innovative Ideals and Services (India) Limited IPO Highlights
IPO Date
Sep 24, 2018 - Sep 26, 2018
Listing Date
5 Oct, 2018
Face Value
Rs 10/- Per Equity Share
Price Band
Rs 36/- to Rs 40/- Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Innovative Ideals and Services (India) Limited IPO Lot Size
The minimum market lot for Innovative Ideals and Services (India) Limited IPO is 3000 shares with an application amount of ₹1,20,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,20,000 |
| Retail (Max) | 1 | 3000 | ₹1,20,000 |
| S-HNI (Min) | 2 | 6000 | ₹2,40,000 |
| S-HNI (Max) | 8 | 24000 | ₹9,60,000 |
| B-HNI (Min) | 9 | 27000 | ₹10,80,000 |
Innovative Ideals and Services (India) Limited IPO Timeline
Issue Price
Rs 36/- to Rs 40/- Per Equity ShareFace Value
Rs 10/- Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Private LimitedLead Manager
Pantomath Capital Advisors Private LimitedIssue Size
Fresh issue of 30,66,000 Equity Shares of Rs 10/- at a price of Rs 36/- to Rs 40/- per share aggregating to Rs 12.26 CrPromoters & Share Holding
Promoter(s) Name
- Mr Maqsood Shaikh
- Mrs Tazyeen Shaikh
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Innovative Ideals and Services (India) Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 14,55,000 | 14,55,000 | 29,10,000 |
Day 1 -24-09-18 | 3,06,000 0.21 x | 84,000 0.06 x | 3,90,000 0.13 x |
Day 2 -25-09-18 | 3,87,000 0.27 x | 1,50,000 0.10 x | 5,37,000 0.18 x |
Day 3 -26-09-18 | 14,76,000 1.01 x | 23,04,000 1.58 x | 37,80,000 1.30 x |
Frequently Asked Questions about Innovative Ideals and Services (India) Limited IPO IPO
When will Innovative Ideals and Services (India) Limited IPO open for subscription?
The Innovative Ideals and Services (India) Limited IPO opens on 24 Sep, 2018 and closes on 26 Sep, 2018.
What is the investors portion for Innovative Ideals and Services (India) Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1455000.
How to apply for Innovative Ideals and Services (India) Limited IPO?
You can apply for Innovative Ideals and Services (India) Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Innovative Ideals and Services (India) Limited IPO?
The issue size of Innovative Ideals and Services (India) Limited IPO is approx ₹Fresh issue of 30,66,000 Equity Shares of Rs 10/- at a price of Rs 36/- to Rs 40/- per share aggregating to Rs 12.26 Cr crores.
What is the price band of Innovative Ideals and Services (India) Limited IPO?
The price band for Innovative Ideals and Services (India) Limited IPO is Rs 36/ to ₹ to Rs 40/.
What is the lot size of Innovative Ideals and Services (India) Limited IPO?
The minimum bid (lot size) for Innovative Ideals and Services (India) Limited IPO is 3000 shares with an investment of approx Rs 1,20,000 .
What is the allotment date of Innovative Ideals and Services (India) Limited IPO?
The allotment date for Innovative Ideals and Services (India) Limited IPO is 3 Oct, 2018.
What is the listing date of Innovative Ideals and Services (India) Limited IPO?
The listing date for Innovative Ideals and Services (India) Limited IPO is expected to be 5 Oct, 2018.
What is the GMP of Innovative Ideals and Services (India) Limited IPO?
The latest Grey Market Premium (GMP) for Innovative Ideals and Services (India) Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.