Innovatus Entertainment Networks Limited

Innovatus Entertainment Networks Limited IPO Review, Date, Price, GMP

Innovatus Entertainment Networks Limited is a company that delivers a wide range of direct marketing solutions which includes management, CRM, B2B, and B2C services, activations, and exhibitions. Innovatus Entertainment Networks Limited positions itself as a creative platform for complete ‘Infotainment’ with a 360-degree solution, with the aim to reach new levels of innovation through integrated media and engaging the audience satisfactorily. Their ultimate goal is to establish a unique identity as a dedicated company on the global map.

Innovatus Entertainment Networks Limited motto centers on delivering a complete range of designing, media, and printing services. Companies’ strength lies in media buying, where they have the expertise to understand their client’s marketing goals and effectively use the right mix of media at the correct prices to achieve those goals.

Under the umbrella of event management, Innovatus Entertainment Networks Limited offers services such as entire event coordination, pre and post-event publicity, literature production, venue research and booking, staffing, celebrity management, transport, accommodation, catering, and on-site management. They also provide advanced technical support, stage planning, devising execution systems, and post-event analysis.

In the realm of activations, the company caters to various segments, including school/college activations, mall promotions, society promotions, road shows, joggers park activities, and corporate park events.

Exhibitions are also part of their expertise, covering event production, exhibition design and fabrication, semi and permanent displays, electrical construction and consultation, graphic illustration and production, lighting, signages, billboards, lettering, global exhibit management, and custom and system rental programs. AV equipment services are also included in their offerings.

In carrying out successful events, both physical and virtual, the company emphasizes the crucial role of proper planning. They believe that meticulous planning not only helps in obtaining event authorization but also provides a roadmap for all stakeholders, ensures nothing is overlooked, and offers support and a solid framework for crew briefings. They understand that managing the specifics of an event requires a dedicated team effort.

Innovatus Entertainment Networks Limited works with third-party suppliers, designers, media providers, and additional service providers to fulfil contractual commitments and offer comprehensive services to their clients. This process guarantees that they offer high-quality and effective marketing solutions to their clients.

Innovatus Entertainment Networks Limited IPO Complete Details:

IPO Date25 July 2023 to 27 July 2023
Issue TypeFixed Price Issue IPO
Listing AtBSE SME
Face Value10 Rs. Per Share
Price50 Rs.
Lot Size3000
Issue Size1,548,000 shares (Rs.07.74 Cr)
Fresh Issue1,548,000 shares (Rs.07.74 Cr)
Listing Date04 August 2023

Innovatus Entertainment Networks Limited IPO Timetable:

Opening Date25 July 2023
Closing Date27 July 2023
Allotment01 August 2023
Initiation of Refunds02 August 2023
Credit of Shares to Demat Account03 August 2023
Listing Date04 August 2023
* Date May Change

Company Financial Details:

Period EndedAssetsRevenueProfit After TaxNet WorthBorrowings
31 March 2020449.411,042.1229.44171.61 0
31 March 2021597.72784.0733.38205.00152.34
31 March 2022530.83787.9030.19235.19152.34
31 September 2022591.86683.6429.90265.08152.34
Amount In Lakhs

AS OF NOW, the GMP OF Innovatus Entertainment Networks Limited is Around 07 Rs.

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