Innokaiz India Limited is coming up with the book-built issue of equity shares in the IPO (Initial Public Offering). The Innokaiz IPO is expected to be issued from 28th April to 3rd May 2023. 2,713,600 equity shares with a face value of Rs 10 per equity share are to be issued at Rs 76 – 78 per share in this IPO. Lets delve deeper into this upcoming IPO issue in April-May 2023.
About Innokaiz India Limited
Innokaiz India Limited is a corporate services and solutions provider that offers a range of services covering advertising and marketing solutions, corporate travel arrangements, gifting solutions, event management, and e-commerce business. They provide event management, corporate gifting, advertising, and marketing services both offline and online, with a focus on outdoor advertisements and signage.
The company was incorporated in 2013 and has emerged as a one-stop solution provider for various corporate needs. Innokaiz India Limited is led by Mr. Sukumar Balakrishnan, who has vast corporate and entrepreneurial experience, and a team of experienced and dedicated professionals. They strive to provide the highest level of services on every assignment and to provide best-in-class and cost-effective services and solutions to their clients.
Innokaiz IPO Issue Details
| Issue Type | Book Built Issue IPO |
| Issue Opens | 28th April 2023 |
| Issue Closes | 3rd May 2023 |
| Face Value | Rs 10 Per Share |
| Issue Price | Rs 76-78 Per Share |
| Minimum Order | 1600 |
| Issue Size | 2,713,600 shares |
| Listing | BSE SME |
Objects of the Issue
The proceeds from the Issue will be used by the Company for the following purposes:
- To meet the working capital requirements of the company.
- For general corporate purposes
Innokaiz India Limited — Company Contact Details
Registered Office: Door No. 43, Old No. 22, Real Enclave, Flat No. 1, 4th Floor, Josier Street, Nungambakkam, Chennai- 600034, Tamil Nadu, India.
Email: info@innokaiz.com
Contact No: 044-28250545
Website: www.innokaizindia.com
Innokaiz IPO – Lead Manager of the Issue
Address: Office No. 13, 1st Floor, New Bansilal Building, Raja Bahadur Mansion, 9-15, Homi Modi Street, Fort, Mumbai– 400001, Maharashtra, India.
Phone: +91 22 4002 5273 / 96532 49863
Email: info@gretexgroup.com
Website: www.gretexcorporate.com
Innokaiz IPO – Registrar of the Issue
Bigshare Services Pvt Ltd
Address: S6-2, 6th Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Maharashtra – 400093, Maharashtra, India
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Issue Prospectus
Click here to read the Prospectus (DRHP) of this IPO Issue.
