Innoventive Industries Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

₹ 217.41

Price Range (₹)

₹ 117

Lot Size

50

Min Investment (₹)

₹ 5,850.00

Listing Exchange

MumbaiNSE

Open Date

26-Apr-2011

Close Date

29-Apr-2011

Listing Date

13-May-2011

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Innoventive Industries Ltd IPO Details

Public issue of 1,85,81,650 equity shares of Rs. 10 each of Innoventive Industries Limited (IIL or The Company or The Issuer) for cash at a price of Rs. 117 per equity share (including share premium of Rs. 107 per equity share) aggregating to Rs. 217.41 crores (The Issue). The issue will constitute 31.15% of the post issue paid up equity share capital of the company.Issue price : Rs. 117 per equity share of face value of Rs. 10/- eachThe issue price is 11.7 times of the face value

Objective of issue

Capacity expansion of manufacturing facility. Repayment of term loan. General corporate purpose.

Innoventive Industries Ltd Contact Details

Innoventive Industries Ltd, Karvy House 46, Road No 4 Street No1, Banjara Hills, Hyderabad - 500034

Phone - 91-40-23312454/23320251

Fax - 91-040-23311968

Email - investor.grievance@innoventive.in

Website - www.innoventive.in