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Innokaiz India Limited IPO (Innokaiz India IPO)

4 Mins 05 May 2023 0 COMMENT

About the Company

Innokaiz India Limited provides services related to the following fields:

  • Outdoor advertising: Signages and hoarding for bus shelters, arches, police booths, general booths, pole kiosks, signal posts, temporary hoardings, etc.
  • Online marketing: SEO, UI/UX, Content Marketing, and Web Development.
  • Event management: Organisation of corporate events including meetings, incentive programs, conferences, and exhibitions.
  • Corporate gifting: Vouchers and personalised gifting solutions with company logo.
  • E-commerce: Sale of consumer durables, electronics, and home appliances via an online platform.


Signages such as backlit boards, non-lit boards, ACP pylons, acrylic boards, cut-outs, standees, and personalised gifts with company logo.

Business Model

Innokaiz is involved in event management, marketing, and advertising services through both online and offline channels. 

IPO details

IPO subscription dates: April 28 to May 3, 2023

Price: Rs. 76-78 per share

Lot size: 1,600 shares (i.e., Rs. 1,21,600 to Rs. 1,24,800)

IPO Objective

Innokaiz intends to utilise the proceeds on:

Working capital requirements

General corporate purposes

Company Financials


Liability Situation


Sr. No.

Particulars Amount

Particulars Amount


Income Tax demands/Notices before CIT Appeals/TDS

Rs. 4.57 lakh


Bank Guarantees/Corporate Guarantees




Rs. 4.57 lakh


Apart from the stated particulars, the company does not have any Contingent Liabilities as on the date of filing the RHP.

Major Business-Related Risk

There are outstanding legal proceedings involving the Company, Promoter, Directors and Group Companies. Any adverse decision in such proceeding may have a material adverse effect on the business, results of operations and financial condition.

How to apply for a Quick IPO on ICICIdirect

  • Select IPO

Go to the IPO section, select the IPO you want to apply for from the list, and click on ‘Apply’.

  • Fill in the required details

Fill in the number of shares you want to buy. To apply at maximum price, check the cut-off price box and amount is auto-calculated. If you want to apply at some other price within the price band, then you can enter the price manually by clicking on the “Add bid” option.

  • Confirm your request

Click on proceed to confirm the order. You can view the placed order under “Order book”. If you are applying using UPI, check the A/C and UPI details before clicking on proceed. You will get a UPI link through which the payment can be made.

Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investments in securities market are subject to market risks, read all the related documents carefully before investing. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.