Pune-based multi-product engineering company Innoventive Industries' (IIL) initial public offering has opened for subscription today. It aims to raise Rs 219.58 crore through the issue. The price band of the issue is fixed between Rs 117 to Rs 120/share.
In an interview with CNBC-TV18, Chandu Chavan, Chairman, Innoventive Industries says, the company has seen over a 50% growth in revenue for the last three-four years. In FY10 the companyDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!