The Innova Captab IPO is a Rs 570.00 crore book-built issuance. The offering consists of a fresh issuance of 0.71 crore shares worth Rs 320.00 crores and an offer for sale of 0.56 crore shares worth Rs 250.00 crores.
The Innova Captab IPO goes on sale on December 21, 2023, and closes on December 26, 2023. The Innova Captab IPO allocation is expected to be completed on Wednesday, December 27, 2023. The Innova Captab IPO will be listed on the BSE and NSE, with a tentative listing date of Friday, December 29, 2023.
The pricing range for the Innova Captab IPO is $426 to $448 per share. A lot size of 33 Shares is required for an application. Retail investors must make a minimum investment of $14,784. The minimum lot size investment in sNII is 14 lots (462 shares), totaling to 206,976, while the minimum lot size investment in bNII is 68 lots (2,244 shares), amounting to 1,005,312.
Innova Captab IPO Details
| IPO Date | December 21, 2023 to December 26, 2023 |
| Listing Date | [.] |
| Face Value | Rs 10 per share |
| Price Band | Rs 426 to Rs 448 per share |
| Lot Size | 33 Shares |
| Total Issue Size | 12,723,214 shares (aggregating up to Rs 570.00 Cr) |
| Fresh Issue | 7,142,857 shares (aggregating up to Rs 320.00 Cr) |
| Offer for Sale | 5,580,357 shares of Rs 10 (aggregating up to Rs 250.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 50,082,072 |
| Share holding post issue | 57,224,929 |
Innova Captab IPO Timeline
| IPO Open Date | Thursday, December 21, 2023 |
| IPO Close Date | Tuesday, December 26, 2023 |
| Basis of Allotment | Wednesday, December 27, 2023 |
| Initiation of Refunds | Thursday, December 28, 2023 |
| Credit of Shares to Demat | Thursday, December 28, 2023 |
| Listing Date | Friday, December 29, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 26, 2023 |
Innova Captab IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 33 | Rs 14,784 |
| Retail (Max) | 13 | 429 | Rs 192,192 |
| S-HNI (Min) | 14 | 462 | Rs 206,976 |
| S-HNI (Max) | 67 | 2,211 | Rs 990,528 |
| B-HNI (Min) | 68 | 2,244 | Rs 1,005,312 |
