2011-04-23

Innoventive Industries IPO Analysis and IPO News

Innoventive Industries Ltd (IIL) raising Rs 220 crore funds through IPO(Initial Public Offer) by the book building process at NSE and BSE.

Innoventive Industries IPO News on Subscription Details, Listing Price, Listing Date with analysis and recommendations

Innoventive Industries IPO - Details of Subscription and Listing - Innoventive Industries Ltd IPO Analysis, recommendations and all news
IPO NewsIPO Details
Name of companyInnoventive Industries Ltd (IIL)
NSE symbolINNOIND
BSE codeNA
Issue sizeEquity shares worth of Rs 219 Cr.
Issue OpenOpen: 26 April 2011
Issue CloseClose: 29 April 2011
Price band / Price rangeRs. 117 - Rs. 120
Face valueRs. 10
Minimum bid50 shares
Maximum bidworth of 2 lakhs
Minimum investment amountRs 6,000
Maximum subscription amountRs 2,00,000
Market lot size50 equity shares
Market time10 a.m. to 5 p.m.
IPO Grade / RatingIPO Grade 3 by ICRA
NSE / BSE live status (total)NSE and BSE IPO live
Expected Listing dateAround May 10
Expected Listing pricewill be updated after issue closed
Listing exchangesNSE and BSE
All detailsNseindiaipo
Number of times subscribedNA
NA: Data not available, will be updated once available from stock exchanges.

Innoventive Industries Ltd IPO online subscription: Investors subscribe through online share trade account of India Infoline, ICICI Direct, IDBI Paisa Builder, HDFC Securities, Sharekhan, HSBC Invest Direct, Motilal Oswal, SBI securities, Karvy broking, Religare, Kotak securities, Geojit, Networth, Indiabulls, Angel broking and Reliance Money. SEBI(Securities Exchange Board of India) admitted stock brokers and sub-brokers are admitting IPO transactions.

IIL IPO Analysis: Both Fundamental and Technically not attractive to subscribe at cut-off price. wait and watch for the last day of subscription and decide. Watch the institutional, Cut-off and retail subscriptions response from investors and institutions.

Check time to time for latest IPO news status updates on "Innoventive Industries IPO".


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