Innova Captab IPO: Here are 10 things to know before you subscribe to the issue

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₹426 to ₹448 per share. Innova Captab IPO raised ₹171 crore from anchor investors. The company informed the bourses that it allocated 3,816,963 equity shares at ₹448 per share on Wednesday, December 20, 2023, to anchor investors.

Foreign and Domestic Institutions who participated in the anchor were ICICI Prudential MF, Kotak Mahindra MF, Ashoka White Oak MD, SBI Life Insurance, 360 One MF, Bandhan MF, Canara Robeco MF, Aditya Birla Sun Life Insurance, Edelweiss MF, ITPL-Invesco MF, & others. At the higher limit of the price range, the company has a valuation that is equivalent to 34 times its earnings for the financial year 2022-23 (April-March). Innova Captab IPO date - The issue opens for subscription on December 21, 2023 and closes on December 26, 2023.

Innova Captab IPO price band - The company's price band is set at ₹426 to ₹448 per share. Innova Captab IPO size - It is a book built issue of ₹570 crores and is a combination of fresh issue of 0.71 crore shares aggregating to ₹320 crores and offer for sale of 0.56 crore shares aggregating to ₹250 crores. Innova Captab IPO allotment date - The allotment for the Innova Captab IPO is expected to be finalized on Wednesday, December 27, 2023.