
Information Technology · BSE
Incorporated in 2013, Innokaiz India Limited provides corporate services and solutions, including digital marketing, corporate travel arrangements, gifting solutions, and event management. The company also operates an e-commerce platform offering DTH services, kitchen and home appliances, mobile phones, laptops, and fashion and beauty products. Notably, Innokaiz India holds a world record for conducting 15,250 roadshows, lead generation, and sales promotion activities.
Price Band
₹76 – ₹78
Issue Size
₹21.17 Cr
Lot Size
1600 shares
GMP
+50.0%
Est. Listing
₹117
at current GMP
Subscribed
95.08x
overall
Open
28 Apr 2023
Close
3 May 2023
Allotment
8 May 2023
Refund
9 May 2023
Demat Credit
10 May 2023
Listing
11 May 2023
Overall Subscription
95.08x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 1,357,051 | — | 0.00x |
| Non-Institutional (NII / HNI) | 407,115 | — | 0.00x |
| Retail Individual (RII) | 949,936 | — | 0.00x |
| Total | 2,714,102 | 0 | 95.08x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 594 | 56,478 | 95.08x |
| HNIs (10L +) | 4 | 380 | 95.00x |
| HNIs (2-10L) | 18 | 1,711 | 95.06x |
| Total Applications | 616 | 58,569 | 95.08x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Innokaiz India Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹21.17 Crores. The shares are offered at a price band of ₹76 to ₹78 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,24,800 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-05-10, while un-allotted funds or UPI block mandates will be released on 2023-05-09.
The latest Grey Market Premium (GMP) for Innokaiz India Limited IPO is ₹39 per equity share. Based on the upper price band of ₹76 to ₹78 per equity share, the estimated listing price is ₹117 (+50.0% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹39, the expected profit per application lot is approx ₹62,400 (+50.0% gain). Minimum application cost is approx ₹1,24,800.
The Innokaiz India Limited IPO aggregate issue size is ₹21.17 Crores with an equity price band set at ₹76 to ₹78 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,24,800.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 95.08x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2023-05-08. Investors can verify status using PAN card or application number.
Innokaiz India Limited shares are scheduled to list on BSE on 2023-05-11.