Image Source: Chittorgarh
Innovana Thinklabs Ltd., a Jaipur-based IT solutions provider, has announced that its Board of Directors will meet shortly to consider raising capital through the issuance of securities, as per a regulatory filing. While the company has not yet disclosed the quantum or structure of the proposed fundraising, the move signals a strategic push to fuel growth, enhance product innovation, and strengthen its balance sheet.
The capital raise could involve equity shares, convertible instruments, or other securities, subject to shareholder and regulatory approvals. Innovana, known for its suite of digital utility tools and consumer software products, has been expanding its footprint across global markets, particularly in cybersecurity and system optimization.
This development comes amid a broader trend of small-cap tech firms tapping capital markets to scale operations and invest in R&D. Innovana’s stock has been among the most actively traded on NSE, with a strong promoter holding of 73.23% and zero pledged shares as of March 2025.
Key Highlights:
-
Board agenda: Capital raise via securities issuance
-
Purpose: Growth capital, R&D, and product expansion
-
Promoter holding: 73.23% (0% pledged)
-
Market cap: ₹834.56 crore (Small Cap)
-
Sector: IT Software, cybersecurity, digital utilities
Source: Economic Times – Innovana Thinklabs Shareholder Updates | Trendlyne – Innovana Thinklabs News
Advertisement
Advertisement