Inventure Growth & Securities Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 3,500,000 (50%) | — | ₹4,095 Cr |
| NII (HNI) | — | 1,050,000 (15%) | — | ₹1,229 Cr |
| Retail | — | 2,450,000 (35%) | — | ₹2,867 Cr |
| Σ Total | — | 7,000,000 (100%) | — | ₹81,900 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 50 | ₹5,850 |
| Retail (Max) | 13 | 650 | ₹76,050 |
| S-HNI (Min) | 14 | 700 | ₹81,900 |
| B-HNI (Min) | 67 | 3,350 | ₹391,950 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-11 | 31-Mar-10 | 31-Mar-09 |
|---|---|---|---|
| Revenue | 3,496 | 3,970 | 2,435 |
| Profit After Tax | 554 | 1,010 | 285 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Investment in subsidiary, IFPL – 30.00
- 2 Augmenting Long Term Working Capital Requirement – 20.00
- 3 General corporate purposes – 27.65
Company Overview
Incorporated in 1995, Inventure Growth and Securities Ltd (IGSL) is a flagship Company of Inventure Group. They offer trading services in equity cash and derivatives market, debt market, commodities and currency futures segment to financing activity, wealth management, and distributions of financial product.
IGSL is providing advisory and innovatively structured financial solutions in the area of fund raising, infrastructure development, government borrowing, corporate restructuring and money market intermediation. At the retail level, Inventure provides investment advisory service and distributes financial products like mutual funds, insurance products, etc. IGSL's client includes institutional clients, high net worth individuals and retail investors. Inventure operates through 224 business locations including branches, franchisees (Remisiers and Authorised Person) and sub-brokers located across India.