Innovana Thinklabs IPO

Innovana Thinklabs IPOBusiness description - Innovana Thinklabs is engaged in software and application development business which directly provide services to retail user. The company designs, develops and maintains software systems and solutions, creates new applications and enhances the functionality of its customers’ existing software products. The company’s product portfolio consists of application and software such as Adblocker, disk cleanup, space reviver, file opener and privacy protector etc. It has developed number of products and these products have registered their presence and popularity in 13 different languages and over 126 countries. The operations of the company are controlled from its registered office situated at Jaipur, Rajasthan.

Promoters of Innovana Thinklabs – Mr Chandan Garg and Mr Kapil Garg

Innovana Thinklabs IPO details
Subscription Dates29 Nov - 4 Dec 2017
IPO Price bandINR70 per share
Fresh issue 1,100,000 shares (INR7.7 crore)
Offer for sale Nil
Total IPO size1,100,000 shares (INR7.7 crore)
Minimum bid (lot size)2,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnNSE Emerge SME platform
Innovana Thinklabs' standalone financial performance (in INR crore)
FY2016FY2017Q1 FY2018
Total revenue6.615.85.4
Total expenses5.814.35.0
Profit after tax0.61.00.3

Innovana Thinklabs Limited
Plot No. 237A
Gopal Tower, Basement Floor
Ajmer Road, Jaipur- 302006

Phone: +91 141 2362 324
Email: [email protected]

DaySubscription (no. of times)
Day 10.10
Day 20.19
Day 30.19
Day 42.49

Earnings Per Share (EPS): INR6.07

Price/Earnings (P/E) ratio: 11.53

Return on Net Worth (RONW): 55.17%

Net Asset Value (NAV): INR88.08 per share

Skyline Financial Services Pvt Ltd
A49, Gundecha Onclave, Kherani Road,
Sakinaka, Mumbai – 400 072
Maharashtra, India

Phone: +91 22 2851 1022
Email[email protected]

Innovana Thinklabs IPO allotment status is now available on Skyline Financial Services' website. Click on this link to get allotment status.

IPO Opening Date: 29 November 2017

IPO Closing Date: 4 December 2017

Listing Date: 12 December 2017

Listing Price on NSE SME: INR77 per share (up 10% from IPO price)

Closing Price on NSE SME: INR83.6 per share (up 19.4% from IPO price)

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