Innomet Advanced Materials Limited

Innomet Advanced Materials Limited

SMEClosed

₹1,20,000(1,200 Shares)

Minimum Investment

IPO Dates

Sep 11, 2024 – Sep 13, 2024

Price Band

₹100–100 per equity share

Lot Size

1200

Listing

Sep 18, 2024

Listing At

NSE SME

Sep 11, 2024Open DateCompleted
Sep 13, 2024Close DateCompleted
TBAAllotment DateUpcoming
Sep 18, 2024Listing DateCompleted

Innomet Advanced Materials Limited Live Subscription Details

All IPOs
Retail226.97x
QIB / NII367.87x

Overall Subscription

Total Bids Received

297.42x

Innomet Advanced Materials Limited IPO Issue Details

Issue Price
₹100 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
34,23,600 shares(aggregating up to ₹34.24 crore)
Listing At
NSE SME
Listing Date
Sep 18, 2024
Registrar
Skyline Financial Services Private Ltd

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)11,200₹1,20,000
Retail (Max)11,200₹1,20,000
sHNI (Min)22,400₹2,40,000

Reservation Details

5.01%

Market Maker

1.72L

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

Visit Website

Innomet Advanced Materials Limited Allotment & Registrar Details

Check Allotment

Skyline Financial Services Private Ltd

02228511022

compliances@skylinerta.com

Visit Registrar Website

Innomet Advanced Materials Limited IPO Documents

Frequently Asked Questions — Innomet Advanced Materials Limited IPO

The Innomet Advanced Materials Limited IPO price band is set at ₹100.00 to ₹100.00 per equity share.

The lot size for Innomet Advanced Materials Limited IPO is 1200 shares per lot. The minimum investment amount is approximately ₹1,20,000.

The Innomet Advanced Materials Limited IPO opens on Sep 11, 2024 and closes on Sep 13, 2024.

Innomet Advanced Materials Limited IPO is expected to be listed on Sep 18, 2024 on NSE SME.

The registrar for Innomet Advanced Materials Limited IPO is Skyline Financial Services Private Ltd. You can contact them at compliances@skylinerta.com.

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