Innomet Advanced Materials Limited

Innomet Advanced Materials Limited IPO

NSE SMEClosed
Sep 11, 2024Open Date
Sep 13, 2024Close Date
TBAAllotment Date
Sep 18, 2024Listing Date

Subscription Details

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Retail226.97x
QIB / NII367.87x

Overall Subscription

Total Bids Received

297.42x

Updated: 10 Jul, 06:09 pm

Innomet Advanced Materials Limited IPO Issue Details

Issue Price₹100 Per Equity Share
Face Value₹10 Per Equity Share
Fresh Share34,23,600 shares(aggregating up to ₹34.24 crore)
Listing AtNSE SME
Listing DateSep 18, 2024
RegistrarSkyline Financial Services Private Ltd

Reservation Details

CategoryShares Offered%
Market Maker1,71,6005.01%

Company Information

In 1984, Innomet Advanced Materials Limited is incorporated, which manufactures Metal Powders and Tungsten Heavy Alloys.The company has two divisions:Innomet Powders.Innotung.Innomet follows the Quali...

Valuations

EPS (Pre-IPO)

2.65

EPS (Post-IPO)

1.65

P/E (Pre-IPO)

37.78

P/E (Post-IPO)

51.37

RoNW

17.11%

Objectives of the Issue

  1. 1Funding working capital requirements of the Company
  2. 2Funding of capital expenditure requirements of the company towards the purchase of machinery and equipment
  3. 3Repayment or prepayment, in whole or in part, of all or a portion of certain outstanding borrowings availed by the company, from banks and financial institutions
  4. 4General corporate purposes
  5. 5Issue Expenses

Innomet Advanced Materials Limited – Promoter(s)

Lakshmi Kanthamma Chilakapati
Saritha Devi Chilakapati
Vinay Choudhary Chilakapati

Contact Details

Corporate Office

B-31, BHEL Ancillary Industrial Estate, Ramachandrapuram Medak, Hyderabad-502032

+91 04023021726

cs@innomet.net

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Registrar Contact

Skyline Financial Services Private Ltd

02228511022

compliances@skylinerta.com

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Innomet Advanced Materials Limited IPO Documents

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