Friday, December 01, 2017

Innovana Thinklabs SME IPO Price Band, Market Lot & Dates Details

Innovana Thinklabs started just 2 years back in 2015. The company is doing profit and its a good point to consider. It was formally known as PCVARK Software Limited based in Jaipur. They are software, application development company. Innovana Thinklabs design, develop and maintain software system and solutions. They create new application as well. Their portfolio includes ad-blocker, space reviver, file opener, privacy protector, disc cleanup and more. They are doing business in 126 countries and they are using 13 different languages for the software development as well.

IPO Review:
  • Apply for Listing Gain
Innovana Thinklabs IPO Dates & Price Band:
  • IPO Open: 29 November 2017
  • IPO Close: 04 December 2017
  • IPO Size: Approx Rs 7.70 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs 70 Per Equity Share
  • Listing on: NSE SME
  • Shares: 1,100,000
  • Retail Portion: 50%
IPO Market Lot:
  • Shares: Apply for 2,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,40,000
Financial Results:

Financial Performance (in INR crore)

201620172018 (Q1)



Grey Market Premium:
  • The grey market is around N/A Subject to Sauda.
Innovana Thinklabs IPO Subscription Status:
  • IPO Subscribed 2.49 times on overall
Innovana Thinklabs IPO Allotment Status:
Company Promoters:
  • Mr. Chandan Garg
  • Mr. Kapil Garg
Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Skyline Financial Services Private Ltd
Fax: +91 – 11 – 30857562
IPO Lead Managers:
  • Swastika Investmart Ltd
Company Address:
Innovana Thinklabs Limited
Plot No. 237A, Gopal Tower,
Ajmer Road, Jaipur- 302006
Phone: +91-141-2362324