Innova Captab Limited IPO
Innova Captab Limited was a mainboard IPO in the Pharmaceuticals sector, offered at ₹426–₹448 per share to raise ₹570 crore. The issue was subscribed 55.26× overall (QIBs 116.73×, NIIs 64.95×, retail 17.15×). It listed on 29 Dec 2023 at ₹452 and closed its first day at ₹541, a listing gain of +20.9% versus the ₹448 issue price. It now trades around ₹1,025 (+128.9% versus the issue price).
Frequently asked questions
- How many times was the Innova Captab Limited IPO subscribed?
- The Innova Captab Limited IPO was subscribed 55.26× overall — 116.73× in the QIB category, 64.95× among non-institutional investors, 17.15× in retail.
- What were the Innova Captab Limited IPO listing gains?
- Innova Captab Limited listed on 29 Dec 2023 at ₹452, closing its first day at ₹541 — a listing gain of +20.9% versus the ₹448 issue price.
- What were the retail allotment odds for the Innova Captab Limited IPO?
- Retail was subscribed 17.15×, so a single-lot application had roughly a 5.8% chance of allotment (about 1 in 17), and allotment was finalised on 27 Dec 2023.
- What was the price band and lot size of the Innova Captab Limited IPO?
- The price band was ₹426–₹448 per share, with a minimum lot of 33 shares (₹14,784 at the upper band).
- Who were the registrar and lead manager for the Innova Captab Limited IPO?
- KFin Technologies Limited was the registrar, and ICICI Securities was the book-running lead manager.