IPO Synopsis

Innokaiz India Ltd
Registered Office: Door No.43 Old No.22 Real Enc.,Flat No.1 4th Flr Josier St.,Chennai-600034, Tamil Nadu
Tel. No: 91-044-28250545
Fax No:
Email: info@innokaiz.com
Website: www.innokaizindia.com
Public issue of 27,13,600 equity shares of face value of Rs. 10.00 each ("Equity Shares") of Innokaiz India Limited (the "Company" or the "Issuer") for cash at a price of Rs. 78.00 per equity share including a share premium of Rs. 68.00 per equity share (the "Issue Price") aggregating to Rs. 21.17 crores ("The Issue") of which 1,36,000 equity shares aggregating to Rs. 1.06 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 Rs. 20.11 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 Rs. 10/- 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-2023 03-May-2023 ₹78.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 1600 Further Multiples of :1600
(₹ 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 78.00
Projects
Working Capital Requirements
General Corporate Purposes
Promoted By
Balakrishnan Sukumarbalakrishn
Listing At
BSE - SME
Registrar To The Issue