Innovatus Entertainment Networks IPO Allotment Status
The allotment for Innovatus Entertainment Network IPO has been launched now. Investors who have applied for the issue can check the Innovatus Entertainment Network IPO allotment status on the registrar’s portal, which is Purva Sharegistry India Pvt Ltd.
Also Read – Innovatus Entertainment Networks IPO Details
If you have applied for the Innovatus Entertainment Network IPO, you can check your IPO allotment status immediately on the website of the IPO registrar, Purva Sharegistry India Pvt Ltd. You can check the status of your application on this link
Innovatus Entertainment Network IPO shares will be listed on the BSE SME on Friday, August 4. Make sure to check your allotment status to know the number of shares you have been allotted.
Here are the steps to check the Innovatus Entertainment Network IPO allotment status on Purvashare:
Step 1: Visit the Innovatus Entertainment Network IPO allotment page at https://www.purvashare.com/queries/
Step 2: From the drop-down menu bar, select ‘Innovatus Entertainment Network’ as the IPO Name.
Step 3: Choose one of the following options to check the status: Application No, Demat Account, or PAN.
Step 4: Click on the ‘Search’ button.
Step 5: Your Innovatus Entertainment Network IPO allotment status will be displayed on the screen (desktop/mobile).
By following these steps, you can easily check if you have been allotted shares in the Innovatus Entertainment Network IPO.
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Apply via BSE
Here are the steps to check the Innovatus Entertainment Network IPO allotment status on the BSE website:
Step 1: Log on to the BSE IPO allotment page at Link
Step 2: From the drop-down menu bar, select ‘Innovatus Entertainment Network’ as the IPO Name.
Step 3: Choose one of the following options to check the status: Application No, Demat Account, or PAN.
Step 4: Click on the ‘Search’ button.
Step 5: Your Innovatus Entertainment Network IPO allotment status will be displayed on the screen (desktop/mobile).
By following these steps, you can easily check if you have been allotted shares in the Innovatus Entertainment Network IPO.
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Innovatus Entertainment Networks IPO GMP
The Innovatus Entertainment Networks IPO has received a Grey Market Premium (GMP) of +12, indicating that the shares were trading at a premium of ₹12 in the grey market on Monday, according to topsharebrokers.com.
Considering the upper end of the IPO price band, which is ₹50 per equity share, and the current premium in the grey market, the estimated listing price of Innovatus Entertainment IPO share is ₹62 apiece. This represents a 24% increase over the IPO price.
The IPO has a total issue size of ₹774.00 lakh, consisting of freshly issued equity shares. The net proceeds from the offering will be utilized for various purposes, including meeting extra working capital needs, purchasing exhibition-related merchandise, and fulfilling basic business requirements.
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Incorporated in 2012, Innovatus Entertainment Networks provides a range of direct marketing services, such as management, CRM, B2B and B2C activations, and exhibitions.
The company offers services like Event Management, Activations, and Exhibitions, including Event Coordination, Pre and Post-event Publicity, Production, Printing, Distribution, Venue Research, Booking, Staffing, Guest Speakers, Celebrity Management, Transport, Accommodation, Catering, Translators, On-site Management, Most advanced technical support, and School/College activation.