thank you these insights
@23_Investments : I see that promoters have decreased the shareholding of " Innovassynth Investments Ltd" to 31.46 in Sep’24 compare to 36.26 in Jun’24. This chunk moved to public shareholding… do you know why the promoters are selling?
I will try to investigate further on my side
Thank you in advance 
Nope after merger it will be 72% promoter - it’s a reverse merger process
thanks @Ankittivrekar … I’m newbie and I’m trying to read & understand the reverse merger process of this company… It will be great if you have some more details on how this promoter selling can be ignored in “Innovassynth Investments Ltd” considering that the “Innovassynth Technologies” will be merged into this holding company…
Thank you
Hey, from what I gathered earlier, Chanakya corporate services, that you see in public shareholding were alotted shares in innovassynth investments in exchange for their shares in innovassynth technologies. Once the reverse merger happens as said above, the promoter holding will jump. The reason for this exchange was to increase the shareholding of IIL in ITIL which must be to help the reverse merger process. Perhaps somebody else can give a more clear answer than this but it is not an issue according to me
@Ankittivrekar hi ankit …good analysis n tracking thread for innovassynth. I m long term investor in this counter, since the days of futura polyester ltd. Where Mr. Rakesh jhunjhunwala was invested, later on innovassynth investment demerged from futura n listed separately. Innovassynth investment hvng holding in innovassynth technologies frm vry beginning. And bcoz of this mr. RJ invested in futura.
So this is the past.
Future outlook looks quite good to me. Mr hardik joshipura, is all qualified n doing right things to scale this business into bigger entity.
R&D is grt, hiring is ongoing, new mmc clients were added, vry well reputed promoter backing. And most importantly reverse merger is under process.
Just hv PATIENCE in this counter. Its not a short term story .
Disclosure:-My initial buying cost is ₹ 5.65/- later on added at around 24 n 72
Do ur own due diligence, i reserve the right to be wrong 
Happy investing
Any change with the result being out and I think around 3cr profit qty
Have seen growth in the volume for last few days and consilidation
Most likely pref allotment is going to come for raising funds for Hyderbad plan @pratikjain1310
Suven Pharma merged with Cohance lifesciences may be a competitor as is involved in nucleoside chemistry
Just sharing the update.
Here is the full document
https://www.bseindia.com/xml-data/corpfiling/AttachLive/c7f127ab-807e-4dd6-a95e-371bbde4536d.pdf
Invested and Biased
dr.vikas
Hello Sir @vikasbargale
What is your take on the merger and post merger scenario, valuation, growth going forward
Will have to wait and watch on how things unfold.
Hi,
Is there any further update on the merger ?
Name Change to be done by March 2026 with reflection of promotor group in holding
Hi, is this true?
Can someone confirm from other sources?
Invested and Biased at lower levels.
dr.vikas
Does anyone know the topline and bottomline of Innovassynth tech for H1 FY26 ?
Merger announcement.
| Financial Year | Revenue (₹ Crore) |
|---|---|
| FY 2021–22 | ~200 |
| FY 2022–23 | ~185 |
| FY 2023–24 | ~161 |
And fy 24-25 Rs. 116 cr & net loss of 18 cr.
Why is the revenue falling every year and why are they reporting losses ?
