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Innoventive Industries Ltd

Innoventive Industries Ltd

    Registered Office : Gat No 56/4/5 Pimple Jagtap,Taluka Shirur,Pune Maharashtra 412208 Phone :
    Fax :

    Email : investor.grievance@innoventive.in

    Website : www.innoventive.in

Public issue of 1,85,81,650 equity shares of Rs. 10 each of Innoventive Industries Limited ("IIL" or The "Company" or The "Issuer") for cash at a price of Rs. 117 per equity share (including share premium of Rs. 107 per equity share) aggregating to Rs. 217.41 crores (The "Issue"). The issue will constitute 31.15% of the post issue paid up equity share capital of the company. Issue price : Rs. 117 per equity share of face value of Rs. 10/- each The issue price is 11.7 times of the face value

Issue

Opens On

Closes On

26-Apr-2011

29-Apr-2011

Money Payable On

Application

Allotment

117.00

0.00

Minimum Application for shares in Nos : 50.0 Further Multiples of : 50.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

232.23

217.41

59.64

117.00

Avendus Capital Pvt Ltd

Axis Bank Ltd

Projects
  • Capacity expansion of manufacturing facility
  • Repayment of term loan
  • General corporate purpose
Promoted By
  • Chandu Chavan
  • Ravindra Katre
  • Sanjay Waghulade
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • Karvy Computershare Pvt Ltd