Innokaiz India Limited

Company Name	Innokaiz India Limited
Open Date	28-04-2023
Close Date	03-05-2023
Exchange	BSE SME
Lot Size	1600 shares
Issue Price	₹ 78 per share
Issue Size	27,13,600 Equity Shares
Application Amount	₹ 1,24,800
Recommendation	Avoid

Innokaiz India Limited was incorporated on January 11, 2013 headquartered in Chennai, Tamil Nādu, since inception they have successfully scaled up their capabilities and evolved as one stop solution for various corporate needs. The company provides corporate services and solutions, wherein they offer a comprehensive range of services covering Advertising and Marketing Solutions including Digital Marketing, Corporate Travel Arrangements, Gifting Solutions, Event Management etc. Recently, they have also ventured into new business vertical i.e., E-Commerce Business.

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Summary of Financials (All financials in lakhs)

For the Period Ended	Mar-21	Mar-22	Oct-22
Total Assets	3,871.07	4,972.47	4,763.15
Net Assets	1,051.09	1,842.72	2,453.00
Total Borrowings	103.52	132.17	93.62
Total Revenue	18,506.21	28,609.08	14,883.52
Profit After Tax	509.15	791.63	610.28

Tentative Timeline

Opening Date	28-04-2023
Closing Date	03-05-2023
Basis of Allotment	08-05-2023
Initiation of Refunds	09-05-2023
Credit of Shares to Demat	10-05-2023
Listing Date	11-05-2023

Objects of the Issue

Working capital requirements.

General corporate purposes.

Contact Information

Registered Office	Innokaiz India Limited Door No. 43, Old No. 22, Real Enclave, Flat No. 1, 4th Floor, Josier Street, Nungambakkam, Chennai- 600034
Phone	044-28250545
Email	info@innokaiz.com
Website	https://innokaiz.com/

Offer Documents

Innokaiz India IPO DRHP

Innokaiz India IPO RHP

Registrar Details

Name	Bigshare Services Pvt Ltd
Phone	91-22-6263 8200
Email	ipo@bigshareonline.com
Website	https://ipo.bigshareonline.com/ipo_status.html

IPO Reservation

Anchor Investor Shares Offered	7,72,800 (28.48%)
Market Maker Shares Offered	1,36,000 (5.01%)
QIB Shares Offered	5,15,200 (18.99%)
NII (HNI) Shares Offered	3,87,200 (14.27%)
Retail Shares Offered	9,02,400 (33.25%)
Total Shares Offered	27,13,600 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters)	98.00
Share Holding Post Issue (Promoters)	71.99