Innokaiz India Limited

Company Profile
Company Name Innokaiz India Limited
Open Date 28-04-2023
Close Date 03-05-2023
Exchange BSE SME
Lot Size 1600 shares
Issue Price ₹ 78 per share
Issue Size 27,13,600 Equity Shares
Application Amount ₹ 1,24,800
Recommendation Avoid
Innokaiz India Limited was incorporated on January 11, 2013 headquartered in Chennai, Tamil Nādu, since inception they have successfully scaled up their capabilities and evolved as one stop solution for various corporate needs. The company provides corporate services and solutions, wherein they offer a comprehensive range of services covering Advertising and Marketing Solutions including Digital Marketing, Corporate Travel Arrangements, Gifting Solutions, Event Management etc. Recently, they have also ventured into new business vertical i.e., E-Commerce Business.
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Summary of Financials (All financials in lakhs)

For the Period Ended Mar-21 Mar-22 Oct-22
Total Assets 3,871.07 4,972.47 4,763.15
Net Assets 1,051.09 1,842.72 2,453.00
Total Borrowings 103.52 132.17 93.62
Total Revenue 18,506.21 28,609.08 14,883.52
Profit After Tax 509.15 791.63 610.28

Tentative Timeline

Opening Date 28-04-2023
Closing Date 03-05-2023
Basis of Allotment 08-05-2023
Initiation of Refunds 09-05-2023
Credit of Shares to Demat 10-05-2023
Listing Date 11-05-2023

Objects of the Issue

Working capital requirements.
General corporate purposes.

Contact Information

Registered Office Innokaiz India Limited Door No. 43, Old No. 22, Real Enclave, Flat No. 1, 4th Floor, Josier Street, Nungambakkam, Chennai- 600034
Phone 044-28250545

Registrar Details

Name Bigshare Services Pvt Ltd
Phone 91-22-6263 8200

IPO Reservation

Anchor Investor Shares Offered 7,72,800 (28.48%)
Market Maker Shares Offered 1,36,000 (5.01%)
QIB Shares Offered 5,15,200 (18.99%)
NII (HNI) Shares Offered 3,87,200 (14.27%)
Retail Shares Offered 9,02,400 (33.25%)
Total Shares Offered 27,13,600 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 98.00
Share Holding Post Issue (Promoters) 71.99

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