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Innovana Thinklabs Limited IPO (Innovana Thinklabs IPO) Detail

November 29, 2017 - December 4, 2017

Innovana Thinklabs IPO is a fixed price issue of Rs 7.70 crores.

Innovana Thinklabs IPO bidding started from November 29, 2017 and ended on December 4, 2017. The shares got listed on NSE SME on December 12, 2017.

Innovana Thinklabs IPO price is ₹70 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹140,000.

Swastika Investmart Ltd is the book running lead manager of the Innovana Thinklabs IPO, while Skyline Financial Services Private Ltd is the registrar for the issue.

Refer to Innovana Thinklabs IPO RHP for detailed information.

Innovana Thinklabs IPO Details

IPO Date November 29, 2017 to December 4, 2017
Listing Date December 12, 2017
Face Value ₹10 per share
Price ₹70 per share
Lot Size 2000 Shares
Total Issue Size1,100,000 shares
(aggregating up to ₹7.70 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Share holding pre issue3,000,000
Share holding post issue4,100,000

Innovana Thinklabs IPO Reservation

Innovana Thinklabs IPO offers 1,100,000 shares. 550,000 (50.00%) to NII, 550,000 (50.00%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered--
Other Shares Offered550,000 (50.00%)
Retail Shares Offered550,000 (50.00%)
Total Shares Offered1,100,000 (100%)

Innovana Thinklabs IPO Lot Size

Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 2000 ₹140,000
Retail (Max) 1 2000 ₹140,000
Lot Size Calculator

About Innovana Thinklabs Limited

Incorporated in 2015, Innovana Thinklabs Limited (Formerly known as PCVARK Software Limited) is Jaipur, Rajasthan based software and application development company. Innovana design, develop and maintain software systems and solutions, create new applications and enhance the functionality of our customers existing software products. Company's product portfolio includes Ad-blocker, disk cleanup, space reviver, file opener and privacy protector etc.

Innovana Thinklabs has developed number of utilities which are used in 13 different languages and over 126 countries. Innovana employs total of 84 employees (including permanent and on-call software professionals/technicians).

Key Performance Indicator

Pre IPO Post IPO
P/E (x) 25

Objects of the Issue (Innovana Thinklabs IPO Objectives)

The Net Proceeds from the Fresh Issue will be utilized towards the following objects:
1. To Meet Working Capital Requirement
2. To meet Capital Expenditure
3. General Corporate Purpose
4. To Meet the Issue Expenses

Innovana Thinklabs IPO Review (May apply)

[Dilip Davda]  Cash surplus investors may consider moderate investment for long term. (High Risk – Low yield). Read detail review...


Innovana Thinklabs IPO Subscription Status (Bidding Detail)

The Innovana Thinklabs IPO is subscribed times on December 4, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
Other
Retail
Total

Innovana Thinklabs IPO Prospectus

Innovana Thinklabs IPO Rating

91
3.5
Rating:Rated 3.5 stars
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Innovana Thinklabs IPO Listing Details

Listing Date December 12, 2017
BSE Script Code
NSE Symbol INNOVANA
ISIN INE403Y01018
Final Issue Price ₹70 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹70.00
₹77.00
₹75.00
₹84.00
₹83.60

Check IPO Performance…

Innovana Thinklabs Limited Contact Details

Innovana Thinklabs Limited
Plot No. 237A, Gopal Tower,
Ajmer Road,
Jaipur- 302006
Phone: +91-141-2362324
Email: info@pcvark.com
Website: http://www.pcvark.com/

Innovana Thinklabs IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: greivance@skylinerta.com
Website: https://www.skylinerta.com/ipo.php

Innovana Thinklabs IPO - Buy or Not

Innovana Thinklabs IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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Innovana Thinklabs IPO FAQs

Innovana Thinklabs IPO is a SME IPO of 1,100,000 equity shares of the face value of ₹10 aggregating up to ₹7.70 Crores. The issue is priced at ₹70 per share. The minimum order quantity is 2000 Shares.

The IPO opens on November 29, 2017, and closes on December 4, 2017.

Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Innovana Thinklabs IPO opens on November 29, 2017 and closes on December 4, 2017.

Innovana Thinklabs IPO lot size is 2000 Shares, and the minimum amount required is ₹140,000.

You can apply in Innovana Thinklabs IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Innovana Thinklabs IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Innovana Thinklabs IPO allotment status.

The Innovana Thinklabs IPO listing date is on December 12, 2017.
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Innovana Thinklabs IPO Message Board

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22 Comments

18. priyanshu |   Link |  Bookmark |February 15, 2018 7:50:45 PM
its a fraud and wrong data. the profit of 2017 is not 1855.6 lacs.its only 2.6 cr on balance shit and as per audit reports. its fake details. i hearty request to all investor is that please check and read all the details of this company very carefully.
17. Bhallal dev |   Link |  Bookmark |January 22, 2018 11:57:16 AM
I think it will remain in Lower circuit for the 1 full week
17.1. Bhallal dev |   Link |  Bookmark |January 22, 2018 12:04:08 PM
sorry . wrongly posted here
16. SafetyFirst |   Link |  Bookmark |December 9, 2017 6:57:37 PM
When Is The Listing?
15. PUNIT SHAH |   Link |  Bookmark |December 9, 2017 11:46:11 AM
soatak rate
14. rajneeshpayal |   Link |  Bookmark |December 9, 2017 10:20:32 AM
iski listing kasi hogi
13. SekharG |   Link |  Bookmark |December 7, 2017 9:38:28 PM
ALLOTMENT OUT http://www.skylinerta.com
13.1. FoolishInvestor |   Link |  Bookmark |December 8, 2017 12:28:25 PM
didnt get shares. Money got refunded. Strange? any suggestion?
12. FoolishInvestor |   Link |  Bookmark |December 8, 2017 12:27:37 PM
I did not get. Money got refunded!! Strange!!
11. SekharG |   Link |  Bookmark |December 4, 2017 10:03:10 PM
finally it got reasonable 2.5X subscription. can expect premium listing.
10. IPOTRIER |   Link |  Bookmark |December 4, 2017 9:50:32 AM
APPLY/OR NOT PLS TELL
9. IPOTRIER |   Link |  Bookmark |December 4, 2017 9:47:23 AM
0.19 SUB SO FAR POOR RESPONSE TOAPPLY/OR NOT ALLOTMENT BETTER IT IS A BETTER CO THAN SANGVI/SECUR
8. Anarchist |   Link |  Bookmark |December 3, 2017 10:11:06 PM (500+ Posts, 1400+ Likes)
Company''s product portfolio includes Ad-blocker, disk cleanup, space reviver, file opener and privacy protector etc. <----- Hahaha...:)) ..you gotta be an ass to believe this in the 21st century...
No..no hell.....half of what they do doesn''t require no professional software applications...it''s cakewalk even for juveniles....
8.1. rvr |   Link |  Bookmark |February 20, 2018 11:41:51 AM
you predicted this stock as junk..but see where it trades 3.5x return....dont think too much ....market is supreme
7. Shubham Gandhi |   Link |  Bookmark |December 3, 2017 5:06:01 PM
Plz suggest kya kre. Innovana me. Lagaye ya naii
6. Ranit kr Saha |   Link |  Bookmark |December 2, 2017 7:39:39 PM
Can i invest in this I P O for listing gain
5. Sandeep kumar jain |   Link |  Bookmark |December 1, 2017 11:02:07 AM
Plz suggest kya kre. Innovana me. Lagaye ya naii.
4. U. H. U. U |   Link |  Bookmark |November 26, 2017 1:23:00 PM
If this SME lists at premium than it will surely have effect on CADSYS.
just as Aarvi moved upwards when Ani opened for subscription & also after Ani listing
3. RKT |   Link |  Bookmark |November 25, 2017 1:58:32 PM
RHP PAGE 69

OFFER PRICE 70/-
EPS 2016-17: 6.07/-
P/E: 11.54
RoNW: 55% with peers not above 40%
NAV 2016-17: 88

Valuation looks humble and fair. Should give listing gains imo.
2. U. H. U. U |   Link |  Bookmark |November 25, 2017 10:06:01 AM
Better to buy cadsys than this SME.
CADSYS was offered at 4 PE. This one comes at 25 PE. It doesn''t make any sense.
At present price(110) cadsys is far more cheaper than this SME. Simply aviod it.
1. ASHII |   Link |  Bookmark |November 25, 2017 9:23:22 AM
not good very costly
1.1. ASHII |   Link |  Bookmark |November 25, 2017 9:24:15 AM
better to go forth dim