The Innovana Thinklabs IPO date has been confirmed to have started on November 29, 2017 and ended on December 4, 2017.
Using an IPO, Innovana Thinklabs is seeking to raise Rs 7.70 crores. Its price is ₹70 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹140,000.
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Bidding Dates
Nov 29-Dec 13
Price Range
₹70 per share
Face Value
₹10 per share
GMP
₹580.00
Innovana Thinklabs IPO GMP
The Innovana Thinklabs Limited IPO GMP is ₹580.00.
IPO Overview
The Innovana Thinklabs IPO has a fixed price of Rs 7.70 crore. The IPO auction for Innovana Thinklabs began on November 29, 2017 and closed on December 4, 2017. On December 12, 2017, the shares were listed on the NSE SME. The IPO price for Innovana Thinklabs is $70 per share. A lot size of 2000 shares is required for an application. Retail investors must make a minimum commitment of $140,000.
Innovana Thinklabs has created a number of utilities that are used in over 126 countries and 13 different languages. Innovana has 84 employees (including permanent and on-call software professionals/technicians).
Innovana Thinklabs IPO Details
IPO Date | November 29, 2017 to December 4, 2017 |
Listing Date | December 12, 2017 |
Face Value | ₹10 per share |
Price | ₹70 per share |
Lot Size | 2000 Shares |
Total Issue Size | 1,100,000 shares (aggregating up to ₹7.70 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
Innovana Thinklabs IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 2000 | ₹140,000 |
Retail (Max) | 1 | 2000 | ₹140,000 |
Innovana Thinklabs IPO Listing Details
Listing Date | December 12, 2017 |
BSE Script Code | |
NSE Symbol | INNOVANA |
ISIN | INE403Y01018 |
Final Issue Price | ₹70 per share |
Company Profile

Innovana Thinklabs Limited (Formerly known as PCVARK Software Limited) is a software and application development business situated in Jaipur, Rajasthan that was founded in 2015. Innovana creates new applications and enhances the functionality of our customers’ existing software products, as well as designs, develops, and maintains software systems and solutions. Ad-blocker, disc cleansing, space reviver, file opener, and privacy defender are among the products offered by the company.
Registrar Info
Name | Skyline Financial Services Private Ltd |
Phone number | 02228511022 |
Email ID | greivance@skylinerta.com |
Website | skylinerta.com |
Contact Details
Name | Innovana Thinklabs Limited |
Phone number | +91-141-2362324 |
Email ID | info@pcvark.com |
Website | pcvark.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.