Innovators Facade Systems IPO

Innovators Facade Systems IPOBusiness description - Incorporated in 1999, Innovators Façade Systems is engaged in designing, engineering, fabrication and installation of façade systems. The company offers total solutions to its customers with respect to their requirement of façade installation in complex projects. The company specializes in technically demanding facades. Its manufacturing facility is situated at Wada, Maharashtra and is spread over 125,000 square feet. The company executes end to end fabrication of its products i.e. from designing of facades to dispatching. Its product basket ranges from glazing/curtain walls, high end doors & windows, skylights, canopies, frameless glazing, MS structures, stone cladding, metal cladding, roofing, & others. The company has a widespread presence and is executing projects in various states such as Maharashtra, Goa, Haryana, Karnataka, Tamil Nadu, Uttar Pradesh and West Bengal.

Promoters of Innovators Facade Systems – Radheshyam Sharma and Jolly Multitrade Private Limited
Innovators Facade Systems IPO details
Subscription Dates 14 - 16 May 2018
IPO Price band INR71 - 72 per share
Fresh issue 5,660,800 shares (INR40.19 - 40.76 crore)
Offer for sale Nil
Total IPO size 5,660,800 shares (INR40.19 - 40.76 crore)
Minimum bid (lot size) 1,600 shares
Face Value  INR10 per share
Retail Allocation 35%
Listing On BSE SME platform
Use of funds
  • Upgradation and modernisation of existing manufacturing facility - INR10.72 crore
  • Working capital requirements - INR20.00 crore
Innovators Facade's financial performance (in INR crore)
FY2013 FY2014 FY2015 FY2016 FY2017 9M FY2018
Total revenue 78.3 77.3 92.0 94.4 102.4 126.3
Total expenses 74.8 73.4 87.3 91.8 99.5 117.5
Profit after tax 2.3 2.7 3.2 1.7 1.9 5.8
Innovators Facade's Contact Details

Innovators Facade Limited
204, B-65, Sector No 1
Shanti Nagar, Mira Road (East)
Thane- 401107

Phone: +91 022 2813 2151
Email: [email protected]
Website: www.innovators.in

Innovators Facade IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.35
Day 2 1.42
Day 3 33.57
Innovators Facade Valuation (Latest FY)

Earnings Per Share (EPS): INR1.77

Price/Earnings (P/E) ratio: 40.11 - 40.67

Return on Net Worth (RONW): 3.05%

Net Asset Value (NAV): INR58.05 per share

Registrar of Innovators Facade IPO

Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg, Vikhroli (West)
Mumbai - 400 083

Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website: http://www.linkintime.co.in

Innovators Facade IPO Allotment Status

Innovators Facade IPO allotment status is now available on Link Intime's website. Click on this link to get allotment status.

Listing performance of Innovators Facade

IPO Opening Date: 14 May 2018

IPO Closing Date: 16 May 2018

Listing Date: 24 May 2018

Listing Price on BSE SME: INR72 per share (no change from IPO price)

Closing Price on BSE SME: INR75.6 per share (up 5% from IPO price)

Innovators Facade Systems IPO
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4 thoughts on “Innovators Facade Systems IPO

  • May 14, 2018 at 11:19 AM
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    Good company, it will reward investors

    Reply
  • May 11, 2018 at 8:16 AM
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    Another one from Pantomath – the MOtilal Oswal of small caps

    Reply
  • May 11, 2018 at 7:47 AM
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    Guys, take care with this. Don’t go for just listing gains, it will be a great performer.

    Reply
  • May 8, 2018 at 8:05 AM
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    This is a great company, Vijay Kedia has invested in it!!!

    Reply

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