Innovatiview India Limited Files DRHP with SEBI to Raise up toRs.2000 Crore via IPO

Varahi media.com online news, February 17th,2025: Innovatiview India Limited, a technology-driven company offering automated security and surveillance solutions for examinations, elections

Varahi media.com online news, February 17th,2025: Innovatiview India Limited, a technology-driven company offering automated security and surveillance solutions for examinations, elections, and large-scale events across India, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI).

ఇది కూడా చదవండి.ఎస్వీ అన్నప్రసాదం ట్రస్ట్‌కు భక్తుల నుంచి రూ.20 లక్షల విరాళం

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The company plans to raise funds through an Initial Public Offering (IPO) by offering equity shares with a face value of ₹5 each, through an Offer for Sale aggregating up to ₹2000 Crore (₹20,000 Million) in total.

Innovatiview India Limited is the leading player in India’s examination integrated security solutions, commanding a 73.7% market share in terms of revenue in the fiscal year 2024. The company’s market share in the examination security and surveillance sector has grown by 69.07% year-on-year in FY 2024 (Source: F&S Report).

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ఇది కూడా చదవండి.ఎన్. చంద్రశేఖరన్ జాదూ బ్రిటీష్ ఎంపైర్ ఆర్డర్ పొందిన సందర్భంగా చేసిన వ్యాఖ్యలు

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The equity shares offered through the Red Herring Prospectus are planned to be listed on the BSE Limited (BSE) and National Stock Exchange of India Limited (NSE).

DAM Capital Advisors Limited, ICICI Securities Limited, JM Financial Limited, Motilal Oswal Investment Advisors Limited, and Shannon Advisors Private Limited are the Book Running Lead Managers to the issue.

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