Innovatiview India Ltd. IPO Details
Innovatiview India Ltd. was incorporated on October 4, 2017. The company provides technology-driven automated security and surveillance solutions for examinations, elections, and large-scale events across India. It is among the first in India to integrate AI in CCTV surveillance and touchless biometric verification for impersonation control in examinations
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 0 | - | - | ₹20,000.0 M | DRHP DOC |
Innovatiview issue details
Innovatiview IPO issue size is ₹ 20,000.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Innovatiview IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
Innovatiview NUMBER OF SHARES ON OFFER
Innovatiview FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| H1FY25 | 1,310.1 | 4,849.2 | -1,284.2 | -1,533.0 | 45.3% |
| FY24 | 1,967.2 | 6,380.5 | 2,852.9 | 2,347.2 | 48.9% |
| FY23 | 1,145.6 | 3,807.3 | 467.9 | -134.6 | 50.2% |
| FY22 | 561.8 | 2,382.1 | 300.2 | 40.7 | 36.8% |
Innovatiview INFORMATION ON IPO ISSUE
About Innovatiview
Innovatiview India Ltd. was incorporated on October 4, 2017. The company provides technology-driven automated security and surveillance solutions for examinations, elections, and large-scale events across India. It is among the first in India to integrate AI in CCTV surveillance and touchless biometric verification for impersonation control in examinations
Object of the Issue
- To carry out the offer for sale of equity shares bearing a face value of Rs 5 each by the selling shareholders aggregating up to Rs 20,000 million
- To achieve the benefits of listing equity shares on the stock exchanges
Innovatiview - PROMOTERS
| Name |
|---|
| Ashish Mittal |
| Ankit Agarwal |
| Vishal Mittal |
| Abhishek Agarwal |
Innovatiview Book Running Lead Manager
DAM Capital Advisors Limited
iil.ipo@damcapital.in
ICICI Securities Limited
iil.ipo@icicisecurities.com
JM Financial Limited
iil.ipo@jmfl.com
Motilal Oswal Investment Advisors Limited
iil.ipo@motilaloswal.com
Shannon Advisors Private Limited
iil.ipo@shannon.co.in
Innovatiview Registrar to the Offer
MUFG Intime India Private Limited
Innovatiview.ipo@linkintime.co.in
Innovatiview Strengths
Diversified product portfoliio
The company has expanded from an examination security provider to a technology-driven security and surveillance solutions provider, serving elections, large public events, and intelligence systems
Technology intensive & client centric
The company leverages technology to provide integrated security and surveillance solutions, combining hardware and software. AI, ML, and cloud-powered systems enhance precision, reduce human intervention, and optimize costs for clients
Custom ‘pay-per-use’ model
A key differentiator is the company's customized ‘pay-per-use’ model, allowing clients to scale operations cost-effectively. This enables examination organizers to utilize security services without maintaining their own surveillance infrastructure, supported by a decentralized inventory system
Innovatiview Risks
Depend on government contracts
The company relies on government contracts for a significant portion of its revenue. Failure to secure future contracts could adversely impact business, operations, cash flows, and financial condition
Dependent on vendor network
The company depends on its vendor network to deliver services across India. Any disruption or failure in vendor support could negatively impact business operations, cash flows, and financial condition
Risks of workforce management
With a large workforce across examination centres, election control rooms, and client sites, the company faces potential service-related claims, losses, or employee disruptions that could impact operations, cash flows, and financial condition
IPO FAQs
The promoters of the company are Ashish Mittal, Ankit Agarwal, Vishal Mittal and Abhishek Agarwal.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.