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Home All IPOs Innovators Facade Systems Ltd. IPO
Innovators Facade Systems Ltd. IPO
BSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹72
Issue Price
₹72
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹72
GMP based
Lot Size
1,600
shares / lot
Min Amount
₹115,200
1 lot · 1,600 shares
Live Price
tap to chart
Allotment
Important Dates
3/3 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
14 May 2018
Mon Completed
Done
Close Date
16 May 2018
Wed Completed
TBA
Allotment
TBA
TBA
TBA
Refund
TBA
TBA
TBA
Demat Credit
TBA
TBA
Done
Listing Date
24 May 2018
Thu Completed
UPI Deadline: 16 May 2018
Issue Details
Pricing & Size
Issue Price
₹72 Face ₹10
Lot Size
1,600 shares
Min Investment
₹115,200
Total Issue Size
56,60,800 shares (aggregating up to ₹40.76 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
2,88,000 (5.09%)
QIB Portion
26,84,800 (47.43%)
NII / HNI
8,06,400 (14.25%)
Retail
18,81,600 (33.24%)
Employee
-
Net Offer to Public
53,72,800 shares (aggregating up to ₹38.68 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,32,07,008 shares
Post-Issue Shareholding
1,88,67,808 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 1,600 ₹1,15,200
HNI / NII 2 3,200 ₹2,30,400
Objects of Issue
3 objectives
1
1 Upgradation and modernization of existing manufacturing facility
10.72 Cr
2
2 Funding the working capital requirements of the Company
20.00 Cr
3
3 General corporate purposes
5.79 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Pantomath Capital Advisors Pvt.Ltd.
IPO Timeline
Open
14 May
✓ Done
Close
16 May
✓ Done
Allotment
TBA
Listing
24 May
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
innovators.ipo@linkintime.co.in
Company Contact
Email
investors@innovators.in
Phone
022- 28132151
Address
204, B-65, Sector No 1, Shanti Nagar, Mira Road (East), Thane- 401107 Thane, Maharashtra
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹72
Est. Listing
₹72
Lot Size
1,600 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Innovators Facade Systems Ltd. LIVE
INR ·
vs Issue
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P/E
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| Price
Market Reference
IPO Issue Price
₹72
GMP
+₹0 (+0%)
GMP Est. Listing
₹72
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 26,84,800 (47.43%) ₹1,933.06 Cr
NII / HNI (Total) 8,06,400 (14.25%) ₹580.61 Cr
Retail Investors 18,81,600 (33.24%) ₹1,354.75 Cr
Total ** 56,60,800 (100.00%) ₹40,757.76 Cr
Market Maker * 2,88,000 (5.09%) ₹20.74 Cr
* Based on ₹72.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
26,84,800 (47.43%)
NII
8,06,400 (14.25%)
Retail
18,81,600 (33.24%)
Market Maker
2,88,000 (5.09%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric31-Mar-1731-Mar-1631-Mar-15
Revenue1023.60943.89920.49
PAT18.6016.7631.68
EBITDA
Net Worth
Total Assets1387.331281.781260.72
Reserves
Borrowings
About Innovators Facade Systems Ltd.

Incorporated in 1999, Maharastra based Innovators Façade Systems Limited is a company engaged in designing, engineering, fabrication, and installation of façade systems. The company offers total solutions to its customers with respect to their requirement of façade installation in complex projects. It specializes in technically demanding facades. With an operating history of more than eighteen years, the company has developed a brand image in the façade industry.

The manufacturing facility of Innovators is situated at Wada, Maharashtra and is spread over 1,25,000 square feet. The product basket ranges from glazing /curtain walls, high-end doors & windows, skylights, canopies, frameless glazing, MS structures, stone cladding, metal cladding, roofing, & others. The registered office of the Company is situated at Mumbai and it has 7 branch offices across India.

Innovators Facade has a widespread presence and is executing projects in various states such as Maharashtra, Goa, Haryana, Karnataka, Tamil Nadu, Uttar Pradesh and West Bengal. The company has executed around 200 projects and has long-standing reputed clients across the construction industry. It has offered its services for varied type of construction projects including residential buildings, commercial complexes, IT Parks, airports, retail and pharma projects. The company has a recognized list of clients including M/s. Hiranandani Realtors Pvt. Ltd., M/s. Relcon Infraprojects Limited, M/s. Larsen & Toubro Limited, M/s. Grauer & Weil (I) Limited etc. among others.

The current manpower strength is 198 employees out of which the company has 76 personnel including Executive directors, accountants, administrative executives, supervisors, Estimation and designer, 6 business development, marketing and sales personnel and 6 employees in the purchase department.

Frequently Asked Questions
What is the issue price of Innovators Facade Systems Ltd. IPO?
The issue price of Innovators Facade Systems Ltd. IPO is ₹72 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,600 shares, requiring ₹115,200.
What are the IPO dates?
Opens 14 May 2018, closes 16 May 2018.
When is the listing date?
Tentative listing: 24 May 2018 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹72 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Innovators Facade Systems Ltd. IPO

Check on Registrar
Post-IPO Timeline
Listing Date
24 May 2018
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹72
Face ₹10
Lot Size
1,600
shares / lot
Min Amount
₹115,200
1 lot
Est. Listing
₹72
GMP +₹0
Key Dates
Open
14 May Done
Close
16 May Done
Listing
24 May Done
Registrar
MUFG Intime India Pvt.Ltd.
A
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