Established in 2013, Innokaiz India Limited offers a diverse range of services encompassing event management, corporate gifting, advertising, and marketing, both in offline and online formats.
The company’s service model is structured into the following key categories:
- Advertising and Marketing Services:
Outdoor Advertisements: Innokaiz India Limited specializes in outdoor advertising, providing a wide array of services at various locations such as Bus Shelters, Arches, Police Booths, General Booths, Pole Kiosks, Signal Posts, Temporary Hoardings, Sun Pack Flute Boards, Backdrops, Banners, Roadshows, Mobile Vans, and more. They also offer signage solutions like Backlit Boards, Nonlit Boards, ACP Pylons, Acrylic Boards, Cutouts, Standees, and more. Digital Marketing: The company excels in digital marketing strategies, including Search Engine Optimization (SEO), User Interface/User Experience (UI/UX) design, Content Marketing, and Web Development.
- Event Management: Innokaiz India Limited is a trusted partner for organizing and managing corporate events, ranging from Meetings, Incentive Programs, and Conferences to Exhibitions (MICE). They have successfully orchestrated over 200 events of various scales and cater to industries like Banking, Insurance, Asset Management Companies, and more.
- Corporate Gifting: The company specializes in offering corporate gifting solutions, which includes gifting vouchers and customized options suitable for all occasions. Their services encompass personalization and logo printing, tailored to specific design requirements.
- E-commerce: Innokaiz India Limited operates an e-commerce platform where customers can purchase a diverse range of products, including Home Appliances, Electronic Gadgets, Mobiles, Laptops, Toys, and day-to-day necessities.
Additionally, the company holds a prestigious World Record for conducting an impressive number of 15,250 Roadshows and Lead Generation/Sales Promotion activities, highlighting their expertise in promotional campaigns.
Overall, Innokaiz India Limited is a dynamic and innovative company with a comprehensive portfolio of services that cater to the diverse needs of their clients across various industries.
Innokaiz India Ltd Stock Quote #
- Open: ₹135.50
- High – Low: ₹137.35 – ₹135.50
- Previous Close: ₹136.65
- Total Traded Value: 6,400
- 52 Weeks High: ₹163.39 (May 12, 2023)
- 52 Weeks Low: ₹105.00 (Jun 08, 2023)
- Updated On: Jul 21, 2023 4:00 PM
Innokaiz India IPO Details #
| IPO Date | Apr 28, 2023 to May 3, 2023 |
| Listing Date | May 11, 2023 |
| Face Value | ₹10 per share |
| Price | ₹76 to ₹78 per share |
| Lot Size | 1600 Shares |
| Total 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 |
| Market Maker portion | 136,000 shares Gretex Share Broking |
Innokaiz India IPO Reservation #
| Anchor Investor Shares Offered | 772,800 (28.48%) |
| Market Maker Shares Offered | 136,000 (5.01%) |
| QIB Shares Offered | 515,200 (18.99%) |
| NII (HNI) Shares Offered | 387,200 (14.27%) |
| Retail Shares Offered | 902,400 (33.25%) |
| Total Shares Offered | 2,713,600 (100%) |
Innokaiz India IPO Anchor Investors Details #
Innokaiz India IPO Anchor Investors list
| Bid Date | Apr 27, 2023 |
| Shares Offered | 772,800 |
| Anchor Portion Size (In Cr.) | 6.03 |
| Anchor lock-in period end date for 50% shares (30 Days) | Jun 19, 2023 |
| Anchor lock-in period end date for remaining shares (90 Days) | Sep 13, 2023 |
Innokaiz India IPO Timetable (Tentative) #
Innokaiz India IPO opens on Apr 28, 2023, and closes on May 3, 2023.
| Event | Tentative Date |
|---|---|
| Opening Date | Friday, 28 April 2023 |
| Closing Date | Wednesday, 3 May 2023 |
| Basis of Allotment | Monday, 8 May 2023 |
| Initiation of Refunds | Tuesday, 9 May 2023 |
| Credit of Shares to Demat | Wednesday, 10 May 2023 |
| Listing Date | Thursday, 11 May 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 3, 2023 |
Innokaiz India IPO Lot Size #
The Innokaiz India IPO lot size is 1600 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹124,800 |
| Retail (Max) | 1 | 1600 | ₹124,800 |
| HNI (Min) | 2 | 3,200 | ₹249,600 |
| Lot Size Calculator | |||
Innokaiz India IPO Promoter Holding #
Mr. Balakrishnan Sukumarbalakrishnan is the company promoter.
| Pre Issue Share Holding | 98.00 |
| Post Issue Share Holding | 71.99 |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 2,568.38 | 13,872.44 | 361.55 | 541.93 | 540.93 | 110.60 |
| 31-Mar-21 | 3,871.07 | 18,506.21 | 509.15 | 1,051.09 | 1,050.09 | 103.52 |
| 31-Mar-22 | 4,972.47 | 28,609.09 | 791.63 | 1,842.72 | 1,841.72 | 132.17 |
| 31-Oct-22 | 4,763.15 | 14,883.52 | 610.28 | 2,453.00 | 1,702.00 | 93.62 |
| Amount in ₹ Lakhs | ||||||
Objects of the Issue #
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- Working capital requirements, and
- General corporate purposes.
Innokaiz India IPO Subscription Status (Bidding Detail) #
The Innokaiz India IPO is subscribed 95.08 times on May 3, 2023 7:02:00 PM. The public issue subscribed 46.10 times in the retail category, 23.93 times in the QIB category, and 303.92 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 23.93 |
| NII | 303.92 |
| Retail | 46.10 |
| Total | 95.08 |
Total Application : 28,624 (50.75 times)
Innokaiz India IPO Prospectus #
- Innokaiz India IPO DRHP
- Innokaiz India IPO RHP
- Anchor Investors in Innokaiz India IPO
Innokaiz India IPO Listing Details #
| Listing Date | May 11, 2023 |
| BSE Script Code | 543905 |
| NSE Symbol | |
| ISIN | INE0LDI01022 |
| Final Issue Price | ₹78 per share |
Listing Day Trading Information #
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹78.00 |
| ₹148.20 |
| ₹148.20 |
| ₹155.61 |
| ₹155.61 |
Company Contact Information #
Door No. 43, Old No. 22,
Real Enclave, Flat No. 1, 4th Floor,
Josier Street, Nungambakkam, Chennai- 600034
Phone: 044-28250545
Email: info@innokaiz.com
Website: https://innokaiz.com/
Innokaiz India IPO Registrar #
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Innokaiz India IPO Lead Manager(s) #
Frequently Asked Questions #
What is the business of Innokaiz India Limited? #
Innokaiz India Limited provides a range of corporate services and solutions, including advertising and marketing services, event management, corporate gifting, and e-commerce through both offline and online formats.
When is the IPO date for Innokaiz India IPO? #
The Innokaiz India IPO was open for subscription from April 28, 2023, to May 3, 2023.
What is the total issue size and listing date of Innokaiz India IPO? #
The total issue size of Innokaiz India IPO is 2,713,600 shares, aggregating up to ₹21.17 crores. The listing date for Innokaiz India IPO is May 11, 2023.
What is the IPO price and lot size for Innokaiz India IPO? #
The IPO price for Innokaiz India IPO was set in the price band of ₹76 to ₹78 per equity share. The lot size for the IPO is 1600 shares.
What are the services provided by Innokaiz India Limited? #
Innokaiz India offers a diverse range of services, including advertising and marketing solutions, event management for corporate events, corporate gifting solutions, and operates an e-commerce platform selling home appliances, electronic gadgets, mobiles, laptops, toys, and day-to-day needs products.
What is the IPO subscription status of Innokaiz India IPO? #
The Innokaiz India IPO received strong subscription, with qualified institutional buyers (QIBs) subscribing 23.93 times, non-institutional investors (NIIs) subscribing 303.92 times, and retail individual investors (RIIs) subscribing 46.10 times.
What are the financial performance indicators of Innokaiz India Limited? #
As of the latest available data, for the financial year ended March 2022, Innokaiz India Limited had a total revenue of ₹286.09 crores and a net profit of ₹7.92 crores. The company’s average EPS for the last three fiscal years was ₹8.33, and the average RoNW was 48.75%.
What is the promoter holding and the utilization of IPO proceeds? #
The promoter holding of Innokaiz India Limited stands at 26.54% post the IPO. The net proceeds from the IPO, amounting to ₹14.00 crores, will be used for working capital, and the rest will be utilized for general corporate purposes.
What is the review of Innokaiz India IPO? #
According to the review, Innokaiz India operates in a highly competitive business segment, and while it has shown consistent growth in top and bottom lines, the sustainability of trends remains a major concern due to fragmented segments. Investors may consider parking funds for long-term rewards, but should conduct their own analysis and due diligence before making investment decisions.
Please note that the information provided in the FAQs is based on the data available as of May 3, 2023. For the latest updates and detailed information, please refer to the official sources and the prospectus of Innokaiz India IPO.
