Innovana Thinklabs Limited IPO (Innovana Thinklabs IPO) Detail

Nov 29, 2017 - Dec 4, 2017

Incorporated in 2015, Innovana Thinklabs Limited (Formerly known as PCVARK Software Limited) is Jaipur, Rajasthan based software and application development company. Innovana design, develop and maintain software systems and solutions, create new applications and enhance the functionality of our customers existing software products. Company's product portfolio includes Ad-blocker, disk cleanup, space reviver, file opener and privacy protector etc.

Innovana Thinklabs has developed number of utilities which are used in 13 different languages and over 126 countries. Innovana employs total of 84 employees (including permanent and on-call software professionals/technicians).

Objects of the Issue

The Net Proceeds from the Fresh Issue will be utilized towards the following objects:
1. To Meet Working Capital Requirement
2. To meet Capital Expenditure
3. General Corporate Purpose
4. To Meet the Issue Expenses

Innovana Thinklabs IPO Details

IPO Date Nov 29, 2017 to Dec 4, 2017
Listing Date Tuesday, December 12, 2017
Face Value ₹10 per share
Price ₹70 per share
Lot Size 2000 Shares
Issue Size1,100,000 shares of ₹10
(aggregating up to ₹7.70 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Company Promoters

Mr. Chandan Garg and Mr. Kapil Garg are the Promoters of the Company.

Innovana Thinklabs IPO Lot Size

The Innovana Thinklabs IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹140,000).

Application Lots Shares Amount
Retail (Min) 1 2000 ₹140,000
Retail (Max) 1 2000 ₹140,000

Innovana Thinklabs IPO Review

Cash surplus investors may consider moderate investment for long term. (High Risk – Low yield). Read detail review...

Innovana Thinklabs IPO Subscription Status (Bidding Detail)

The Innovana Thinklabs IPO is subscribed times on Dec 4, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

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Innovana Thinklabs IPO Prospectus

Innovana Thinklabs IPO Rating

Rating:Rated 3.5 stars
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Innovana Thinklabs IPO Listing Date

Listing Date Tuesday, December 12, 2017
BSE Script Code
Listing In
ISIN INE403Y01018
IPO Price ₹70 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Innovana Thinklabs Limited
Plot No. 237A, Gopal Tower,
Ajmer Road,
Jaipur- 302006
Phone: +91-141-2362324

Innovana Thinklabs IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022

Innovana Thinklabs IPO Review

Innovana Thinklabs IPO Recommendation Summary

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Innovana Thinklabs IPO FAQs

Innovana Thinklabs IPO is a SME IPO of 1,100,000 equity shares of the face value of ₹10 aggregating up to ₹7.70 Crores. The issue is priced at ₹70 per share. The minimum order quantity is 2000 Shares.

The IPO opens on Nov 29, 2017, and closes on Dec 4, 2017.

Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Innovana Thinklabs IPO opens on Nov 29, 2017 and closes on Dec 4, 2017.

Innovana Thinklabs IPO lot size is 2000 Shares and the minimum order quantity is .

You can apply in Innovana Thinklabs IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Innovana Thinklabs IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Innovana Thinklabs IPO allotment status.

The Innovana Thinklabs IPO listing date is on Tuesday, December 12, 2017.
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Innovana Thinklabs IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



18. priyanshu |   Link |Feb 15, 2018 7:50:45 PM
its a fraud and wrong data. the profit of 2017 is not 1855.6 lacs.its only 2.6 cr on balance shit and as per audit reports. its fake details. i hearty request to all investor is that please check and read all the details of this company very carefully.
17. Bhallal dev |   Link |Jan 22, 2018 11:57:16 AM
IPO Guru IPO Guru (1400+ Posts, 3300+ Likes)
I think it will remain in Lower circuit for the 1 full week
17.1. Bhallal dev |   Link |Jan 22, 2018 12:04:08 PM
IPO Guru IPO Guru (1400+ Posts, 3300+ Likes)
sorry . wrongly posted here
16. SafetyFirst |   Link |Dec 9, 2017 6:57:37 PM
When Is The Listing?
15. PUNIT SHAH |   Link |Dec 9, 2017 11:46:11 AM
soatak rate
14. rajneeshpayal |   Link |Dec 9, 2017 10:20:32 AM
iski listing kasi hogi
13. SekharG |   Link |Dec 7, 2017 9:38:28 PM
13.1. FoolishInvestor |   Link |Dec 8, 2017 12:28:25 PM
didnt get shares. Money got refunded. Strange? any suggestion?
12. FoolishInvestor |   Link |Dec 8, 2017 12:27:37 PM
I did not get. Money got refunded!! Strange!!
11. SekharG |   Link |Dec 4, 2017 10:03:10 PM
finally it got reasonable 2.5X subscription. can expect premium listing.
10. IPOTRIER |   Link |Dec 4, 2017 9:50:32 AM
9. IPOTRIER |   Link |Dec 4, 2017 9:47:23 AM
8. Anarchist |   Link |Dec 3, 2017 10:11:06 PM
IPO Mentor IPO Mentor (500+ Posts, 1400+ Likes)
Company''s product portfolio includes Ad-blocker, disk cleanup, space reviver, file opener and privacy protector etc. <----- Hahaha...:)) gotta be an ass to believe this in the 21st century... hell.....half of what they do doesn''t require no professional software''s cakewalk even for juveniles....
8.1. rvr |   Link |Feb 20, 2018 11:41:51 AM
you predicted this stock as junk..but see where it trades 3.5x return....dont think too much is supreme
7. Shubham Gandhi |   Link |Dec 3, 2017 5:06:01 PM
Plz suggest kya kre. Innovana me. Lagaye ya naii
6. Ranit kr Saha |   Link |Dec 2, 2017 7:39:39 PM
Can i invest in this I P O for listing gain
5. Sandeep kumar jain |   Link |Dec 1, 2017 11:02:07 AM
Plz suggest kya kre. Innovana me. Lagaye ya naii.
4. U. H. U. U |   Link |Nov 26, 2017 1:23:00 PM
If this SME lists at premium than it will surely have effect on CADSYS.
just as Aarvi moved upwards when Ani opened for subscription & also after Ani listing
3. RKT |   Link |Nov 25, 2017 1:58:32 PM

EPS 2016-17: 6.07/-
P/E: 11.54
RoNW: 55% with peers not above 40%
NAV 2016-17: 88

Valuation looks humble and fair. Should give listing gains imo.
2. U. H. U. U |   Link |Nov 25, 2017 10:06:01 AM
Better to buy cadsys than this SME.
CADSYS was offered at 4 PE. This one comes at 25 PE. It doesn''t make any sense.
At present price(110) cadsys is far more cheaper than this SME. Simply aviod it.
1. ASHII |   Link |Nov 25, 2017 9:23:22 AM
not good very costly
1.1. ASHII |   Link |Nov 25, 2017 9:24:15 AM
better to go forth dim