IPO Details

Bidding Dates

28 Apr '23 - 03 May '23

Minimum Investment

₹124,800 / 1 Lots ( 1600 )

Price Range

₹76 - ₹78

Maximum Investment

₹124,800 / 1 Lots ( 1600 )

Retail Discount

Not Applicable

Issue Size

₹21.17 Cr

Investor category and sub category

Qualified Institutional Buyers  |   Non-Institutional Investors  |   Retail Individual Investor  |  

IPO Dates

Important dates with respect to IPO allotment and listing

IPO Opening Date

Apr 28, 2023

IPO Closing Date

May 3, 2023

Basis of Allotment

May 8, 2023

Initiation of Refunds

May 9, 2023

Credit of Shares to Demat Account

May 9, 2023

IPO Listing Date

May 11, 2023

Innokaiz India IPO Subscription Details


Day 1Apr 28, 2023

0.00 0.03 0.28 0.14

Day 2May 2, 2023

1.10 6.13 4.63 3.67

Day 3May 3, 2023

23.93 303.92 46.10 95.08

Innokaiz India IPO Subscription Status Live

Investor Category Subscription (Times)
Qualified Institutions Buyer 23.93
Non-Institutional Buyers 303.92
Retail Investors 46.10
Employees [.]
Others [.]
Total 95.08

About Company

Founded in 2013, Innokaiz India Ltd offers complete marketing communication solutions to its clients with a range of services that cover advertising and marketing solutions, digital marketing, corporate travel arrangements, gifting, event management, etc. It generates revenue from two primary business lines - corporate service and e-commerce.

The company’s promoter is Sukumar Balakrishnan, who is also behind all strategic and business decisions. Since its inception, the company has scaled up successfully to build a broad client base.

Innokaiz India Ltd IPO Details

Innokaiz India Ltd's IPO is a fresh issue offer of 27,13,600 equity shares with a face value of Rs. 10 each. The issuer hasn't announced the other details of the offer—Innokaiz India Ltd's IPO date and price bands.

Innokaiz India Ltd IPO Objectives

Innokaiz India proposes to use the raised capital to meet working capital requirements and general corporate purposes.

Should You Invest in Innokaiz India Ltd?

  • The company offers a diversified service portfolio, which allows it to generate revenue from multiple sources.
  • The advertising spending of Indian companies is expected to grow to reach a market size of Rs. 93,119 crore by the end of 2023 from Rs. 70,715 crore in 2020. 
  • The Indian e-commerce industry is expected to reach USD 188 billion in 2025 and USD 350 billion by 2030, up from USD 46.2 billion in 2020. It gives companies like Innokaiz India Ltd a significant growth opportunity. 

Innokaiz India Ltd Company Financials

Particulars Period ending on October 30, 2022 Year ending on March 31, 2022 Year ending on March 31, 2021
Revenue from Operations 14,863.59 28,592.69 13,869.74
Profit After Tax (PAT) 610.28 791.63 509.15
EBITDA 839.96 1,100.81 712.16
EPS 8.13 10.54 6.78
To Be Announced As at October 30, 2022 As at March 31, 2022 As at March 31, 2021
Total Asset 4,763.15 4,972.47 3,871.07
Total Liabilities 4,763.15 4,972.47 3,871.07
  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

Innokaiz India IPO FAQs

What is Innokaiz India Ltd's IPO?

The total issue size of the Innokaiz India Ltd IPO comprises Rs. 400 crore in fresh equities. There are also  9,600,000 equity shares on offer for sale from existing stakeholders.

When will Innokaiz India Ltd IPO allotment be available?

Innokaiz India Ltd IPO is a fresh issue offer consisting of 27,13,600 equity shares. 

How to check the allotment status of Innokaiz India Ltd IPO?

You can check the IPO share allotment status from Angel One’s mobile app. Log in to the app and validate with an OTP. To check the allotment status, enter your application number, DP ID, and PAN number into the app.

What would be the listing gains on the Innokaiz India Ltd IPO?

 Listing gains cannot be measured before the listing of the IPO on the stock exchange.

I have finished the application process for the Innokaiz India Ltd IPO, but the funds are not yet debited. What is the reason?

Under the new system, the bank will block the amount initially in your account. The money will be debited when the shares are allotted, or the bank will unblock the amount after the UPI mandate expiry date.  

How to approve the UPI mandate request for Innokaiz India Ltd IPO?

 Login to your UPI handle to approve the payment mandate and complete the IPO application process.

Can I submit more than one application for the public issue of Innokaiz India Ltd using one PAN?

You can submit only one application using one PAN card.