Innovatiview India IPO Details: Launch Date, Share Price, Size & Review
Business Profile of Innovatiview India Limited
Innovatiview ltd. is a technology-driven company that provides solutions for examinations, elections, and large-scale events at the pan-India level through automated ancillary security and surveillance. As of now company has a market share of 73.75% in terms of revenue in FY2024, The Company provides a products range of solutions in closed circuit television (CCTV) surveillance, physical security systems like frisking, biometric control, voice over internet protocol (VoIP) communication system, global positioning system (GPS) tracking, and dedicated examination infrastructure. There are three categories in which a company provides services such as Integrated Security as a Service (ISaaS), Equipment Rental as a Solution (ERaaS), and System Integration as a Solution (SIaaS).
Innovatiview India Limited IPO Objective
As per the draft red hearing prospects, the IPO issue consists of fresh issue and offer for sale. The OFS consists up to XXXX Equity Shares at the face value of ₨ 5 each aggregating up to ₹ 20,000.00 million. There is no fresh issue of shares by company and main objective of company for listing is to achieve the benefits of listing the Equity Shares on the Stock Exchanges and provide liquidity to our existing Shareholders.
Issue Price & Size: Innovatiview India Limited IPO
The issue price of Innovatiview India Limited hasn’t been released yet. Upon releasing the dates, the investors can bid between those price ranges. The company has an offer for sale of XXXX equity shares at the price of ₨XXXX aggregating up to ₹20,000.00 million.
Launch Date of Innovatiview India Limited
The IPO opening date of Innovatiview India Ltd. hasn’t been officially announced yet, upon the declaration of dates investor can bid for IPO.
Should You Subscribe to Innovatiview India Limited IPO or Not
While investing or subscribing to any IPO, consider the investment rationales related to the company. Hence, here you can find out the strength of the company that will be its growth factors. And also check the risk factors that can affect the growth and operational efficiency of the company.
Competitive Strengths of Innovatiview India Limited:
Biggest player in market
Innovatiview ltd. is the largest player in the market having a 73.7% share in terms of revenue for integrated security solutions in FY2024. The share of the company in examination security and surveillance industry has grown at 69.07% YoY basis in 2024. The examination security and surveillance market in India is increasing rapidly and company goodwill in conducting fair examinations across pan-India gives an advantage in market competition. A higher market share of the company with respect to other players provides better opportunities for the company.
Diversified portfolio for different services
The company started as an examination security service provider and is now a technology-enabled provider of security and surveillance solutions services. The company caters its services to election-integrated security solutions including CCTV infrastructure associated with polling stations. Additionally, the company caters for large-scale public events such as governments and institutional programs. This diversification of service provides an edge to the company over its competitors in the market and better revenue growth.
Pan India operations
The company works on an expansive vendor network of more than 5100 vendors as of September 30, 2024, across all over India to cater exams with local expertise. These vendors help the company to source cameras, manpower, and other necessary resource locally in a timely manner. It allows the company to plan and provide relevant services to customers irrespective of the location and scale of the project. The business model of the company includes “pay-per-use” which plays an important function in delivering service at vast.
Robust profitability track record
The company has a proven track record of profitability and growth in revenue. Revenue from operation increased from ₨2,382.08 million (FY2022) to ₨6,380.52 million (FY2024) at a CAGR of 64.61% which shows the company’s operational efficiency and ability of customer acquisition. The company is continuously profitable from FY 2022 to FY 2024 and return ratios are also positive which is a result of the ability to utilize existing pool assets in an effective manner. ISaaS and EraaS offer more contributions to increase output and in profit growth.
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