Incorporated in 2013, Innokaiz India Limited provides event management, corporate gifting, advertising, and marketing services through both offline and online formats.
The company’s service model is divided into the following categories:
1. Advertising and Marketing Services:
- Outdoor Advertisements: The company provides services at outdoor Bus Shelters, Arches, Police Booth, General Booth, Pole Kiosk, Signal Post, Temp Hoarding, Sun Pack flute Board, Backdrop, Banners, Roadshows, Mobile Vans, Etc. In signage: Backlit Board, Nonlit Board, ACP Pylon, Acrylic Boards, Cutout, Standee, Etc.
- Digital Marketing: SEO, UI/UX, Content Marketing, and Web Development.
2. Event Management: The company organizes and manages all the requirements for Corporate Events including Meetings, Incentive Programs, and Conferences, Exhibitions (MICE). They arrange events for Banking, Insurance, Asset Management Companies, etc., and have organized over 200 events of various magnitudes so far.
3. Corporate Gifting: The company provides corporate gifting vouchers and customized solutions suitable to all occasions including personalization and providing logo printing as per designs.
4. E-commerce: The company also provides Home Appliances, Electronic Gadgets, Mobiles, Laptops, Toys & day to day needs products through its e-commerce platform.
The company holds World Record for Conducting 15,250 Roadshows/ Lead Generation and Sales Promotion activities.
Innokaiz India IPO Details
| IPO Date | Apr 28, 2023 to May 3, 2023 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹76 to ₹78 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 2,713,600 shares (aggregating up to ₹21.17 Cr) |
| Fresh Issue | 2,713,600 shares (aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
Innokaiz India IPO Reservation
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
| Market Maker portion | 136,000 shares (Gretex Share Broking) |
| Anchor Investor Shares Offered | 772,800 |
Innokaiz India IPO Anchor Investors Details
| Bid Date | Apr 27, 2023 |
| Shares Offered | 772,800 |
| Anchor Portion Size (In Cr.) | 6.03 |
| Anchor lock-in period end date for 50% shares (30 Days) | Jun 19, 2023 |
| Anchor lock-in period end date for remaining shares (90 Days) | Sep 13, 2023 |
Innokaiz India IPO Tentative Timetable
Innokaiz India IPO opens on Apr 28, 2023, and closes on May 3, 2023.
| Event | Tentative Date |
|---|---|
| Opening Date | Apr 28, 2023 |
| Closing Date | May 3, 2023 |
| Basis of Allotment | May 8, 2023 |
| Initiation of Refunds | May 9, 2023 |
| Credit of Shares to Demat | May 10, 2023 |
| Listing Date | May 11, 2023 |
| UPI Mandate Confirmation Cut-Off Time | 5.00 PM on the issue closing day |
Innokaiz India IPO Lot Size
The Innokaiz India IPO lot size is 1600 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹124,800 |
| Retail (Max) | 1 | 1600 | ₹124,800 |
| HNI (Min) | 2 | 3,200 | ₹249,600 |
| Lot Size Calculator |
Innokaiz India IPO Promoter Holding
Mr. Balakrishnan Sukumarbalakrishnan is the company promoter.
| Pre Issue Share Holding | 98.00 |
| Post Issue Share Holding | 71.99 |
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 2,568.38 | 13,872.44 | 361.55 | 541.93 | 540.93 | 110.60 |
| 31-Mar-21 | 3,871.07 | 18,506.21 | 509.15 | 1,051.09 | 1,050.09 | 103.52 |
| 31-Mar-22 | 4,972.47 | 28,609.09 | 791.63 | 1,842.72 | 1,841.72 | 132.17 |
| 31-Oct-22 | 4,763.15 | 14,883.52 | 610.28 | 2,453.00 | 1,702.00 | 93.62 |
| Amount in ₹ Lakhs |
Objects of the Issue
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- Working capital requirements, and
- General corporate purposes.
Innokaiz India IPO Review (May apply)
[Dilip Davda] The company operates in a highly competitive and fragmented segment with many big players around. Though it has posted consistent growth in its top and bottom lines, sustainability amidst high competition remains a major concern. Based on its earnings, the issue appears reasonably priced. Well-informed investors may consider parking of funds for long-term rewards. Read detail review…
Innokaiz India IPO Prospectus
Company Contact Information
Innokaiz India Limited
Door No. 43, Old No. 22,
Real Enclave, Flat No. 1, 4th Floor,
Josier Street, Nungambakkam, Chennai- 600034
Phone: 044-28250545
Email: info@innokaiz.com
Website: https://innokaiz.com/
Innokaiz India IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/