Innovative Ideals IPO Details

IPO Open Sep 24, 2018
IPO Close Sep 26, 2018
IPO Price ₹40
Face Value ₹10
IPO Size ₹12.26 Cr
Listing At BSE SME
Lot Size 3000
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Innovative Ideals IPO Date & Price

The Innovative Ideals IPO opens on Sep 24, 2018 and closes on Sep 26, 2018.

Innovative Ideals IPO timetable / schedule is as below:
  • Bid/Offer Opens On: Sep 24, 2018
  • Bid/Offer Closes On: Sep 26, 2018
  • Finalization of Basis of Allotment: Oct 1, 2018
  • Initiation of refunds: Oct 3, 2018
  • Credit of Equity Shares: Oct 4, 2018
  • Listing Date: Oct 5, 2018

Innovative Ideals IPO price is set at ₹40 per equity share.

Innovative Ideals IPO will close for subscription at 5 PM on Sep 26, 2018. But most brokers stop accepting application between 1 PM to 3 PM.

The Innovative Ideals IPO starts on Sep 24, 2018. The issue ends on Sep 26, 2018.

Innovative Ideals IPO Issue Size and Subscription Status

The Innovative Ideals IPO size is 3066000 Equity Shares of ₹10 aggregating up to ₹12.26 Cr.

Innovative Ideals and Services (India) Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Innovative Ideals IPO shares through the banks (using ASBA) or through the broker (using UPI).

Innovative Ideals IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)1,455,500 Shares
Retail Individual Investor (RII)1,455,500 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size2,911,000 Shares

Innovative Ideals IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)1.01 times times
Retail Individual Investor (RII)1.58 times times
Employee Reservations times
Other Reservations times
Total Issue Size1.30 times times

Click here to check the Innovative Ideals IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Innovative Ideals IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Innovative Ideals IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Innovative Ideals IPO Allotment and Listing

The Innovative Ideals IPO allot status will be available online on Oct 1, 2018. Check the Innovative Ideals IPO Allotment Status here.

Click here to check Innovative Ideals IPO Allotment Status.

Innovative Ideals IPO listing Date is Oct 5, 2018. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Innovative Ideals IPO listing date and time is published by the exchange in a circular.

Click here to view the Innovative Ideals IPO Basis of Allotment.

It is hard to say at what price Innovative Ideals IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Innovative Ideals IPO shares will list on Oct 5, 2018 at BSE SME.

Innovative Ideals IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Innovative Ideals IPO which could help you with questions like Innovative Ideals IPO buy or not? You should also read Innovative Ideals IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Innovative Ideals IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Innovative Ideals IPO performance. The performance reports are available 1 day after listing.