19 April 2011

Innoventive Industries IPO; Issue opens 26-Apr-11

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Issue Date and Size
 
Issue opens
26-Apr-11
Issue closes
29-Apr-11
Listing on
BSE, NSE
Issue size (Rs cr)
219.58



Company Financials (Rs cr)
2009-12-31
No of months
9
Turnover
457.02
Net profit / (loss)
41.80
Borrowings
356.00



Lead Managers & Registrar
Lead Manager(1)
Axis Bank Limited
E-mail
innoventive.ipo@axisbank.com
Lead Manager(2)
Avendus Capital Private Limited
E-mail
innoventive.ipo@avendus.com
Registrar
Karvy Computershare Private Limited
E-mail
innoventive.ipo@karvy.com



Company Contact Details
Company's address
Gat No. 1261, Village Sanaswadi, Pune Nagar Road, Taluka: Shirur, District Pune, Maharashtra
Pincode
412 208
Tel No.
91 2137 669001
Fax No.
91 2137 669014
Website
http://www.innoventive.in



Description
Engaged in the business of manufacturing and sale of precision steel tubes, tubular components, auto components, machined components and other steel products.
Objects of Issue
  • -Capacity expansion of manufacturing facility
  • -Repayment of term loans worth Rs 50 crore





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