31 Mar 2020
Assets25.68
Total Income138.72
Profit After Tax3.62
NET Worth5.42
Reserves and Surplus5.41
Total Borrowing1.11
At a glance
Updated 2026-08-23The shares listed at ₹148.00, a 89.74% move from the issue price. Innokaiz India is a SME IPO with an issue size of ₹21.17 crore, proposed for listing on BSE SME. The offer opens on 28th Apr 2023 and closes on 3rd May 2023. The issue structure includes a fresh issue of ₹20.11 crore. The current listing schedule points to 11th May 2023.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹21.17 Cr
Fresh issue₹20.11 Cr
Face value₹10
Price band₹76.00–₹78.00
Allotment8th May 2023
Listing11th May 2023
Listing performance
Full performance ↗Issue price₹78.00
Listing price₹148.00
Current price—
Listing gain89.74%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹38.00
GMP / upper price48.72%
Est. listing₹116.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens28th Apr 2023
Closes3rd May 2023
Allotment8th May 2023
Refund9th May 2023
Demat10th May 2023
Listing11th May 2023
Subscription demand
Full bidding ↗Total88.43×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1600 | ₹124,800 |
Company
Incorporated2013
Use of proceeds
| Object | Amount |
|---|---|
| Working Capital Requirements | ₹14.00 Cr |
| General Corporate Purposes | ₹4.27 Cr |
Financials
Full financials ↗31 Mar 2021
Assets38.71
Total Income185.06
Profit After Tax5.09
NET Worth10.51
Reserves and Surplus10.50
Total Borrowing1.04
31 Mar 2022
Assets49.72
Total Income286.09
Profit After Tax7.92
NET Worth18.43
Reserves and Surplus18.42
Total Borrowing1.32
31 Oct 2022
Assets47.63
Total Income148.84
Profit After Tax6.10
NET Worth24.53
Reserves and Surplus17.02
Total Borrowing0.94
Trend chart₹ crore
Issue expenses
| Expense | Amount |
|---|---|
| Payment to the Book Running Lead Manager | ₹0.20 Cr |
| Underwriting Fees | ₹1.28 Cr |
| Market Making Fees | ₹0.02 Cr |
| Fees payable to Registrar to Issue | ₹0.01 Cr |
| Fees to Legal Advisor | ₹0.02 Cr |
| Advertisement Expenses | ₹0.04 Cr |
| Fees payable to Regulators including Stock Exchange | ₹0.04 Cr |
| Printing & Distribution Expenses | ₹0.01 Cr |
| Marketing & Selling Expenses | ₹1.28 Cr |
| Payment to Sponsor Bank | ₹0.01 Cr |
| Statutory & Other Reports | ₹0.02 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Gretex Corporate Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.