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Innova Captab Ltd
Registered Office: 601 Proxima Plot # 19, Sector 30 A Vashi, Navi Mumbai - 400705, Maharashtra
Phone: 91-22-2564 2095
Email: investors@innovacaptab.com
Website: www.innovacaptab.com
Initial public offering of 12,723,214^ equity shares of face value of Rs. 10 each (Equity Shares) of the company for cash at a price of Rs. 448 per equity share (including a share premium of Rs. 438 per equity share) (Offer Price) aggregating Rs. 570.00 crores (Offer). The offer comprises of a fresh issue of 7,142,857 equity shares aggregating Rs. 320.00 crores (Fresh Issue) and an offer for sale of 5,580,357 equity shares (Offered Shares) aggregating Rs. 250.00 crores, comprising of 1,953,125 equity shares aggregating Rs. 87.50 crores by Manoj Kumar Lohariwala, 1,953,125 equity shares aggregating Rs. 87.50 crores by Vinay Kumar Lohariwala (together with Manoj Kumar Lohariwala, the Promoter Selling Shareholders) and 1,674,107 equity shares aggregating Rs. 75.00 crores by Gian Parkash Aggarwal (the Other Selling Shareholder, and together with the promoter selling shareholders, the Selling Shareholders, and such offer for sale of equity shares by the selling shareholders, the Offer for Sale). The offer will constitute 22.23% of the postoffer paid up equity share capital of the company. The company, in consultation with the brlms, has undertaken the pre-ipo placements of (i) 1,412,430 cumulative compulsorily convertible preference shares (ccps) at a price of Rs. 354.00 per ccps (including a premium of Rs. 344.00) aggregating to Rs. 50.00 crores, and (ii) 669,642 equity shares at a price of Rs. 448.00 per equity share (including a premium of Rs. 438.00) aggregating to Rs. 30.00 crores (together, the pre-ipo placement). Such 1,412,430 ccps have been converted into 1,412,430 equity shares in the ratio of one equity share for every ccps held. The size of the fresh issue of up to Rs. 400.00 crores as disclosed in in the draft red herring prospectus aggregate, been reduced by Rs. 80.00 crores pursuant to the pre-ipo placement and, accordingly, the revised size of the fresh issue is up to Rs. 320.00 crores. The face value of the equity share is Rs. 10 each. The offer price is 44.80 times the face value of the equity shares. ^Subject to finalisation of basis of allotment.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
21-Dec-2023	26-Dec-2023	₹ 448.00	₹ 0.00

Minimum Application for shares in Nos : 33 Further Multiples of : 33
	(₹)Cr.	Lead Managers to the Issue
Project Cost	293.11	ICICI Securities Ltd
Project Financed through Current Offer	570.00
Post Issue Equity Share Capital	57.22
Issue Price	₹448.00

Projects
Repaymnet and/or prepayment in part of in full of certain outstanding loans of the company
Investment in the subsidiary UML for repayment and of prepayment in part or full of an outstanding loan available by UML
Funding the working capital requirements
General corporate pusposes

Promoted By
Manoj Kumar Lohariwala
Vinay Kumar Lohariwala

Listing At
BSE
NSE

Registrar to the Issue
KFin Techologies Ltd

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