Free Trading + Demat Account

Innovators Facade Systems Limited IPO (Innovators Facade Systems IPO) Detail

May 14, 2018 - May 16, 2018

Incorporated in 1999, Maharastra based Innovators Façade Systems Limited is a company engaged in designing, engineering, fabrication, and installation of façade systems. The company offers total solutions to its customers with respect to their requirement of façade installation in complex projects. It specializes in technically demanding facades. With an operating history of more than eighteen years, the company has developed a brand image in the façade industry.

The manufacturing facility of Innovators is situated at Wada, Maharashtra and is spread over 1,25,000 square feet. The product basket ranges from glazing /curtain walls, high-end doors & windows, skylights, canopies, frameless glazing, MS structures, stone cladding, metal cladding, roofing, & others. The registered office of the Company is situated at Mumbai and it has 7 branch offices across India.

Innovators Facade has a widespread presence and is executing projects in various states such as Maharashtra, Goa, Haryana, Karnataka, Tamil Nadu, Uttar Pradesh and West Bengal. The company has executed around 200 projects and has long-standing reputed clients across the construction industry. It has offered its services for varied type of construction projects including residential buildings, commercial complexes, IT Parks, airports, retail and pharma projects. The company has a recognized list of clients including M/s. Hiranandani Realtors Pvt. Ltd., M/s. Relcon Infraprojects Limited, M/s. Larsen & Toubro Limited, M/s. Grauer & Weil (I) Limited etc. among others.

The current manpower strength is 198 employees out of which the company has 76 personnel including Executive directors, accountants, administrative executives, supervisors, Estimation and designer, 6 business development, marketing and sales personnel and 6 employees in the purchase department.

Company Promoters:

The Promoters of the Company are Radheshyam Sharma and Jolly Multitrade Private Limited. The Promoters hold 69,21,231 Equity Shares representing 52.41% of the pre-issue Paid-up Capital of the Company.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Millions)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 13,873.29 12,817.78 12,607.20 11,671.62 9,936.60
Total Revenue 10,235.96 9,438.88 9,204.92 7,734.81 7,833.22
Profit After Tax 186.01 167.64 316.76 269.24 232.48

Objects of the Issue:

The Objects Of The Issue are-

1. Upgradation and modernization of existing manufacturing facility
2. Funding the working capital requirements of the Company
3. General corporate purposes.

Issue Detail:

  »»  Issue Open: May 14, 2018 - May 16, 2018
  »»  Issue Type: Book Built Issue IPO
  »»  Issue Size: 5,660,800 Equity Shares of Rs 10 aggregating up to Rs 40.75 Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs 71 - Rs 72 Per Equity Share
  »»  Market Lot: 1600 Shares
  »»  Minimum Order Quantity: 1600 Shares
  »»  Listing At: BSE SME

Innovators Facade Systems IPO Reviews / Recommendations:

Dilip Davda - Other

 

Innovators Facade Systems IPO Subscription Status / Live Bidding Status

Innovators Facade Systems IPO Subscription Status tells if Innovators Facade Systems IPO subscribed or not. Investors can bid for IPO shares between 10 AM to 5 PM when public issue is open. Innovators Facade Systems IPO oversubscribed if bids are received for more shares than what is offered by the company.

Innovators Facade Systems IPO - How Many Times Subscribed?
Number of Bids Received
As on Date & TimeQIBNIIRIIOthersTotal
Shares Offered / Reserved02,686,4002,686,400288,0005,660,800
Day 1 - May 14, 2018 17:00 IST0312,0001,017,600-1,329,000
Day 2 - May 15, 2018 17:00 IST1,518,400641,6004,712,000-6,872,000
Day 3 - May 16, 2018 17:00 IST13,068,80075,712,00037,219,200-126,000,000

Innovators Facade Systems IPO Prospectus

Innovators Facade Systems IPO Rating

145
3.9
Rating:Rated 3.9 stars

Vote Here ...

Innovators Facade Systems IPO News Alerts

  1. Wednesday, May 16, 2018 12:00:00 AM
    Innovators Facade Systems IPO Closes on May 16, 2018
  2. Monday, May 14, 2018 12:00:00 AM
    Innovators Facade Systems IPO Opens on May 14, 2018

Company Contact Information

Innovators Facade Systems Limited
204, B-65, Sector No 1,
Shanti Nagar, Mira Road (East),
Thane- 401107
Phone: 022- 28132151
Fax: 022- 28132151
Email: investors@innovators.in
Website: http://www.innovators.in

Innovators Facade Systems IPO Registrar

Link Intime India Private Ltd   »  Report
   Link Intime India Private Ltd,
   C-13 Pannalal Silk Mills Compound,
   LBS Marg, Bhandup West, Mumbai 400078

Phone: +91-22-25963838
Fax: +91-22-25946969
Email: innovators.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Innovators Facade Systems IPO Lead Manager(s)

Guaranteed Save 60% to 90% Brokerage + Taxes

Do you know you could reduce the brokerage cost significantly by moving to another stock broker? Our expert team compared top share brokers in India to help investors like you. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.

We can help you choosing the right broker. Contact us today...

@

Innovators Facade Systems IPO Review / Comments

avatar
155. BULLS OF INDIA  May 27, 2018 9:22:09 AM IST I Like It. | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts)
This stock (Innovators) is facing effect of U H ZAVERY'S bad listing only, which will end soon. Nothing wrong with this company for sure. Really once in a lifetime golden opportunity to buy good quality shares around IPO price as much as you can, i have converted my all money into this quality shares in a average price (inclusive of all) of Rs 72.15. will buy 1 more lot on Monday as i have only that much of money left presently. You can find from basis of allotment that for sure allotment of 14400 shares (nearly Rs 8 lakhs) one had to bid more than Rs 9 crores. So guys take good advise from me and buy as much as you can. you will regret for sure if you don't. MARK MY WORD. This hangover will soon disappear and fresh uptrend will started soon. P.S.: This stock will be out of T2T category on June 7th 2018.
avatar
155.1. CPHArun  May 27, 2018 3:40:20 PM IST I Like It. | Report Abuse
Agreed.
I lost out in allotment. Got couple last week. Hopefully get 2 more at good price next week. Company has a good track record and is sitting on 250 crore order book (if promoters are to be believed). They have a good moat and operate in a good belt in Pune-Mumbai. With the current outlook of market, its understandable opening. For me this is a investment. Long term 1 or 2 years, this will be multibagger. Fact Kedia is anchor investor suggest gives that extra comfort to me
avatar
155.2. Sinewave  May 27, 2018 7:54:22 PM IST I Like It. | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
Some of QIB offloaded on listing day was reason of poor listing and onward selling.
Now strong hands will probably come and stop further fall. I hope turn around from monday will be possible after panic sell by Retail, QIB and some HNI.
Take your own call. It is just my thought.
Any wxpert opinion welcome:.....
avatar
154. BULLS OF INDIA  May 25, 2018 11:53:06 AM IST I Like It. | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts)
Golden opportunity to buy this good quality stock in very cheap price, it will zoom till June 7th when it will be out of T2T segment. Already added a lot more today and yesterday too. Will hold at least for a year. After all this company is backed by renowned investor Mr VIjay Kedia.
avatar
154.1. abhipatel  May 26, 2018 1:56:35 PM IST I Like It. 1 | Report Abuse
Good suggestions...
avatar
153. RAJAKUMAR  May 24, 2018 2:22:02 PM IST I Like It. | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
I sold my lot at upper circuit
avatar
153.9. Small Investor  May 25, 2018 12:29:19 PM IST I Like It. | Report Abuse
i buy a lot yesterday can i sold my lot today

short sell to nhi jayega innovators
avatar
153.10. mittaldatt  May 25, 2018 5:32:33 PM IST I Like It. | Report Abuse
Same thing happed to me in akshar spintex i buy 1 lot 33.40 same day price zoom 37.10 but i cant able to sale it .after four day again price was 37.10 in pre open i sale it that day
avatar
152. SecTheta  May 18, 2018 12:13:49 PM IST I Like It. 2 | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Facade ki Jad hai yeh :P
On a serious note, I think this will also list flat and may be available at issue price.. recent trend of Pantomath IPOs..
avatar
152.3. SecTheta  May 25, 2018 4:14:16 PM IST I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
As expected, available below issue price!
avatar
152.4. smallTimeInvestor  May 25, 2018 4:33:22 PM IST I Like It. | Report Abuse
This also going Akshar way. Already having huge loss in akshar.
avatar
151. INVESTIGATOR  May 25, 2018 12:18:25 PM IST I Like It. | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
INNOVATORS FACADE SME
*Subscription
QIB: 12.15 X
NII: 93.89 X
RII: 20.22 X
*Total: 33.70 X
Total No of App: 23995
+ Anchors Allocation
& NOW at LOWER CIRCUIT + UNDER RATE
*****WONDERFUL !!!
I think, We have to WAIT
avatar
151.2. INVESTIGATOR  May 25, 2018 12:46:17 PM IST I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
I am having Allotted TWO Lots
avatar
151.3. abhipatel  May 25, 2018 4:08:01 PM IST I Like It. | Report Abuse
Yes......wait and watch.......
avatar
150. Sdpp  May 25, 2018 2:09:07 PM IST I Like It. | Report Abuse Reply
Exit innovators. Continue panic Stok.
avatar
149. CPHArun  May 25, 2018 1:59:04 PM IST I Like It. | Report Abuse Reply
How do you invest in SME IPO and look for short term gain ?
If you trust the company & your idea to invest in it , it has to be long term.
avatar
148. share blaster  May 25, 2018 10:50:41 AM IST I Like It. | Report Abuse Reply
monday target @83 +
avatar
148.1. anujsme  May 25, 2018 11:54:27 AM IST I Like It. | Report Abuse
HAHAHA

83 or 68
avatar
147. abhipatel  May 25, 2018 11:09:17 AM IST I Like It. | Report Abuse Reply
Why lc becouse good sme ......
avatar
146. share blaster  May 25, 2018 11:01:05 AM IST I Like It. | Report Abuse Reply
buy one more lot @73.75 confrm hit uc
avatar
145. share blaster  May 25, 2018 10:45:26 AM IST I Like It. | Report Abuse Reply
buy 1 lot @73 closing tym of market it shows upper circuit
avatar
144. abhipatel  May 24, 2018 11:23:30 PM IST I Like It. | Report Abuse Reply
T2t trade minimum day??
avatar
143. ASHISH PATEL  May 16, 2018 4:14:36 PM IST I Like It. | Report Abuse Reply
ON LISTING DAY PRICE WILL BE SETTLED AT 85 AND UPPERCIRCUIT AT 89.25
avatar
143.2. Ultimate bull  May 16, 2018 6:01:03 PM IST I Like It. | Report Abuse
Innovator UC is at 20% on listing day.. why it was more then 50% for E2E
avatar
143.3. Small Investor  May 24, 2018 5:55:54 PM IST I Like It. | Report Abuse
baba ji Thalloooo
avatar
142. Arpit Dwivedi  May 17, 2018 12:25:26 PM IST I Like It. 1 | Report Abuse Reply
IFSL gives 32000 to 58000 Return in single lot :)
avatar
142.1. v for vendetta  May 17, 2018 12:46:39 PM IST I Like It. 1 | Report Abuse
Congrats!!!
On which stock Exchange you sold the shares, what is the listing price?
avatar
142.2. Small Investor  May 24, 2018 5:55:06 PM IST I Like It. | Report Abuse
kb mileha profit 32 se 64
avatar
141. abhipatel  May 24, 2018 5:01:51 PM IST I Like It. | Report Abuse Reply
Closing time total traded volume.1664000......
avatar
140. Sinewave  May 24, 2018 12:16:26 PM IST I Like It. 1 | Report Abuse Reply
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
Innovators Facade
Retail - 1881600
Hni - 806400
Total - 2688000
Today traded volume 1529600 , means 57% traded.
avatar
140.1. abhipatel  May 24, 2018 4:53:40 PM IST I Like It. | Report Abuse
Good information........
avatar
139. INVESTIGATOR  May 24, 2018 2:12:52 PM IST I Like It. | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
After flat listing @ Rs.72/- , Now No one is seller at 5% UC @ Rs.75/60 at present, it means panic sales is over.
All allottee hold their allotment for a reasonable profit
avatar
139.1. abhipatel  May 24, 2018 3:43:20 PM IST I Like It. | Report Abuse
Good suggestions........ thank you...
avatar
138. SecTheta  May 23, 2018 10:43:41 PM IST I Like It. 1 | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
If you haven't got allotment then it's better to STAY AWAY... Sooner or later it will be available near issue price like Southwest, Softtech etc..Those who have got allotment can sell and buy later... Just sharing my opinion...
avatar
138.1. SecTheta  May 24, 2018 10:55:07 AM IST I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
As expected, flat listing... In 1-2 days its charm will fed away and it will be available at issue price like Softtech, one point...
avatar
137. Sinewave  May 24, 2018 10:53:52 AM IST I Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)

23. RAJAKUMAR May 15, 2018 12:25:30 PM IST I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts, 200+ Likes)

According to drhp qib 50% HNI 15% Retai 35%. Qib portion 16 Lakh shares already allotted to two anchor investor. Total issue is 56.6 lakh shares minus 2.88 lakh for market maker. Remaining 53.72 lakh for ipo for which 35% for retail that comes 18.8 lakh . For hni 8 lakh shares only.
avatar
136. Sinewave  May 16, 2018 9:55:05 PM IST I Like It. 3 | Report Abuse Reply
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
INNOVATOR FACADE SME
Subscription @ 7.00pm

Qib: 12.15 X
NII: 93.89 X
RII: 20.22 X

Total: 33.70 X
Total No of App: 23995
avatar
136.3. papon  May 17, 2018 8:32:36 PM IST I Like It. | Report Abuse
This SME ipo is same like mainline ipo. Anchor allocation. QIB 50%, NII 15% , RETAIL 35%
avatar
136.4. Sinewave  May 24, 2018 10:49:24 AM IST I Like It. | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
All retailers are about to sold out.

Now the game start
  • Special Offers
    by Popular Stock Brokers
  • Sharekhan
    Get Free Trading + Demat Account (Rs 1150 waived on account opening) for limited time. Get the offer.
  • Angel Broking
    Get free lifetime AMC on Demat & Trading account with Angel when you pay Rs 1500 (payable in 2nd year). Get the offer.
  • India Infoline (IIFL)
    Open a FREE Demat & Trading Account + Get Rs 2000 Brokerage Credit. Get the offer.
  • Ventura
    Zero account opening fees for limited time. Get the offer.
  • Motilal Oswal
    Get Free Trading + Demat Account (Rs 500 waived on account opening) for limited time. Get the offer.
  • Religare
    Get Free Trading + Demat Account for limited time. Get the offer.
  • Zerodha
    Free equity delivery trading (truly no brokerage), flat ₹20 intraday and F&O trade brokerage. Get all your brokerage refunded if are profitable at the end of 60 trading days. Get the offer.
  • ProStocks
    Get Free Trading + Demat Account for limited time. Get the offer.
  • 5paisa
    Get 5 free trades on new account opening + Maintain a margin of Rs 25000 and get full refund of your account opening and DP AMC. Get the offer.
  • SAMCO
    Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App
  • Fyers
    Get FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage). Get the offer.
  • Beeline
    Open a Lifetime free AMC Demat Account at just ₹176 + 15 days trading free. Use coupon code CHT176 for this special offer.
  • RKSV
    Rs 2000 Brokerage credit (when you switch from another broker) for limited time. Get the offer.


More About Brokers

Special Offers Broker Reports

Message Board

Stock Message Board


Search Chittorgarh.com:

Translate Chittorgarh.com: