Innovative Ideals and Services (India) Ltd.
 
No: E- 202, 2nd floor, Skypark, Near Oshiwara Garden, Off Ajit Mumbai, Maharashtra - 400104
Phone: 67392121

Public Issue of 3066000 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 36.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
24/09/201826/09/201840.00 -
Lead Managers Registrar Listed at
PANTOMATH CAPITAL ADVISORS PVT. LTD.
Bigshare Services Pvt. Ltd.
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,, Makwana Road,
Mumbai, Maharashtra - 400059
Phone: 62638200 Fax: 62638299
BSE
Object of the issue

The objectives of the Issue are :

1. Funding the Working Capital requirements of the Company

2. General Corporate Purposes. 

Promoted by

The Promoters of the Company are Mr. Maqsood Shaikh and Mrs. Tazyeen Shaikh.

1. Mr. Maqsood Shaikh : He is aged 54 years is the Promoter, Managing Director of the Company. He has been associated with the Company since incorporation. He has completed his Diploma in Electronics & Telecom Engineering from Tippu Shasheed Institute of technology and is a leading light and visionary behind the organisation. After a stint with GTL (Global Telesystems Ltd.), he started the Company in 1994. He was pioneer in introducing the fax machine to the business industry in the late 1980s.

With experience at his disposal acquired from his previous engagements, and a burning ambition to enter the electronic security business, which was practically a non-existent sector at that time, he started a small firm Innovative Systems & Services in the year 1994, which was subsequently incorporated in the year 2000 as Innovative Ideals & Services (I) Pvt. Ltd. Innovative is one of the companies to introduce Electronic Video Surveillance & Security System in the industry. During this period, Maqsood Shaikh’s focus has been on after sale services, which is the key word in the industry and which many industry tend to ignore. The emphasis is on excellent after sale service which is one of the hallmarks of the Company which in return has contributed towards a sharp and high-paced growth for the company.

Nationality: Indian

Passport No: Z3262299

Driving License: MH06 19870004138

Voters ID: MT/08/039/657075


2. Mrs. Tazyeen Shaikh : She is aged 51 years is the Promoter and Whole Time Director of the Company. She has completed her Bachelor of Architecture degree from University of Poona. With her extensive experience in designing and construction with eminent architects like Hafeez Contractors, Iqbal Cheney and builders like Kalpataru Ltd, she is the key person involved in defining product selection, designing & placement for all major projects of the Company. She is also a qualified management professional and is involved in project management. She is handling the HR department of the Company.

Nationality: Indian

Passport No: J1741706

Driving License: MH02 20040209895

Voters ID: MT/08/039/657076