IPO IPO-Synopsis
Innokaiz India Ltd

Back

Registered Office: Door No.43 Old No.22 Real Enc.,Flat No.1 4th Flr Josier St. , Chennai - 600034 , Tamil Nadu , India.
Phone : 91-044-28250545   Fax:
Email :  info@innokaiz.com  
Website :  www.innokaizindia.com
Public issue of 27,13,600 equity shares of face value of Rs10.00 each ("Equity Shares") of Innokaiz India Limited (the "Company" or the "Issuer") for cash at a price of Rs78.00 per equity share including a share premium of Rs68.00 per equity share (the "Issue Price") aggregating to Rs21.17 crores ("The Issue") of which 1,36,000 equity shares aggregating to Rs1.06 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 25,77,600 equity shares aggregating to Rs20.11 crores (the "Net Issue"). The issue and the net issue will constitute 26.54% and 25.21% respectively of the post issue paid-up equity share capital of the company. The face value of the equity shares is Rs10/- each. The issue price is 7.8 times with the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
28-Apr-23 03-May-23 Rs78.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :1600  Further Multiples of :1600

  Rs Cr Lead Managers to the Issue
Project Cost 18.27
Gretex Corporate Services Ltd
Project Financed through Current Offer 21.17  
Post Issue Equity Share Capital 10.22  
Issue Price Rs78.00  
Projects
Working Capital RequirementsGeneral Corporate Purposes
Promoted By
Balakrishnan Sukumarbalakrishn
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd