Innovatiview India IPO Details

MAINBOARD

Innovatiview India IPO DRHP (Draft Red Herring Prospectus) has been SEBI Approval Received.

The Lead Managers for Innovatiview India IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Motilal Oswal Investment Advisors Ltd, Jm Financial Ltd, ICICI Securities Ltd, Dam Capital Advisors Ltd, Shannon Advisors Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Innovatiview India Limited DRHP.

Innovatiview India IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹5 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
-
Share holding post issue
-
Total Issue Size
-
Fresh Issue
-
Offer for Sale
-
DRHP Status
SEBI Approval Received

Innovatiview India IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Innovatiview India IPO Reservation

Promoter Holding

Pre Issue:100.00%
Post Issue:-
Promoter Names:
Ashish Mittal, Ankit Agarwal, Vishal Mittal, Abhishek Agarwal

Documents

Innovatiview India IPO Valuations

To be announced

Innovatiview India Financial Information

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets925.28655.02367.29212.85
Total Income493.08646.95382.65238.76
Profit After Tax131.01196.72114.5656.18
Net Worth500.64369.7917262.01
Total Borrowing217.0795.0396.9566.78
Amount in ₹ Crore

About Innovatiview India IPO

Incorporated in October 2017, Innovatiview India Limited provides automated security and surveillance solutions for examinations, elections, and large events across India. As of September 30, 2024, the company holds 73.7% of the market share, making it the largest in examining integrated security solutions in fiscal 2024.

The company's services include providing security and surveillance solutions for elections and large-scale events. In addition, the company provides information technology ("IT") equipment rental services. The portfolio of services includes end-to-end system integration solutions across diverse business verticals, with a significant focus on building security, surveillance and information systems.

In the six months that ended September 30, 2024, the company served over 72 clients through its diversified security and surveillance solutions and has secured over 1,409 examinations across India.

Innovatiview India Limited is the first company in India to introduce an artificial intelligence-based, high-speed, and accurate touchless biometric verification solution for impersonation control in examinations. The company's clients include central and state Government agencies and private players such as the National Testing Agency, Union Public Service Commission, Haryana Public Service Commission, Maharashtra Public Service Commission and Bihar Staff Selection Commission.

As of September 30, 2024, The company provides security and surveillance services by utilizing its equipment alongside manpower and resources acquired from a vast network of over 5,100 vendor firms.

In May 2024, the company offered security for a shift examination, covering about 2.4 million candidates in 4,736 centres across 28 states and nine Union Territories in India, all in one day.

As of September 2024, the company had 554 employees on its payroll.

Competitive Strength

  • Extensive portfolio for Integrated Security Offerings
  • Track record of high growth & Profitability
  • Experienced management team
  • PAN India operation backed by business model catering to scale

 

Strength Of Innovatiview India IPO

To be announced

Risk Of Innovatiview India IPO

To be announced

Objectives Innovatiview India IPO

To be announced

Company Contact Details

Innovatiview India Ltd.
Plot No.A-82, Block-A Naraina
Industria Area Phase 1,
Landmark Jumma Park,
South West Delhi, New Delhi, 110028
Phone: +91 95609 11131
Email: compliance@innovatiview.com
Website: https://www.innovatiview.com/

Registrar Contact Details

Name: MUFG Intime India Pvt Ltd
Phone: +91-22-4918 6270

Innovatiview India IPO - FAQs

The Innovatiview India IPO is a MAINBOARD public issue comprising 0 equity shares with a face value of ₹5 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

The Innovatiview India IPO opens on TBA.

Innovatiview India IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the Innovatiview India IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Innovatiview India IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Innovatiview India IPO allotment status for updates.

The listing date for the Innovatiview India IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Innovatiview India IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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