Innomet Advanced Materials IPO Details
| IPO Size | 34.24 |
| Price Range | ₹100 |
| Retail Quota | 50% |
| QIB Quota | -- |
| NII Quota | 50% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 1200 |
| Investment (cut-off price) | ₹120,000 |
| Pre IPO Promotor Holding | 74.52% |
| Post IPO Promotor Holding | 54.80% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Innomet Advanced Materials IPO Timelines
11/09/2024
Start Date13/09/2024
End Date17/09/2024
Refund Initiation17/09/2024
Credit of Shares to Demat Ac18/09/2024
Listing DateInnomet Advanced Materials IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹120,000 |
| Retail Maximum | 1 | 1200 | ₹120,000 |
| HNI Minimum | 2 | 2400 | ₹240,000 |
Innomet Advanced Materials IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| -- | 367.77 x | 226.97 x | -- | 323.92 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹190 | ₹199.50 | ₹199.5 | ₹190 |
Innomet Advanced Materials IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹22.38 | ₹21.85 | ₹0.55 |
| FY 2023 | ₹27.13 | ₹22.79 | ₹3.22 |
| FY 2024 | ₹28.99 | ₹26.29 | ₹2.52 |
About Company
Founded in 1984, Innomet Advanced Materials Limited produces metal powders and tungsten heavy alloys. The company operates through two divisions Innomet Powders and Innotung. It follows ISO 9001:2015 standards for quality management in manufacturing and supplying ferrous and non-ferrous metal/alloy powders and tungsten heavy alloy components.
Innomet offers over 20 different products, including powders made from copper, bronze, brass, nickel, tin, and stainless steel, catering to various industries. They also specialize in custom metal and alloy powders with elements like iron, copper, nickel, tin, zinc, and cobalt. The company supplies its products both in India and internationally, reaching countries like the US, UK, Germany, Japan, and more. As of 31 March 2024, Innomet employs 56 people across different departments.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2019 | Chemicals | Vinay Chilakapati |
Know Before Investing
Innomet Advanced Materials IPO Strengths
- The management team at Innomet Advanced Materials Limited has the expertise to scale up operations and explore new business opportunities, driving the company’s growth.
- The company has dedicated technical and functional teams that focus on delivering customized solutions to meet the specific needs of their customers, enhancing customer satisfaction.
- Innomet has built multi-year relationships with most of its customers, demonstrating trust and reliability. Additionally, the company continuously improves its operational efficiency, ensuring better performance and competitiveness in the market.
Innomet Advanced Materials IPO Risks
- The company’s revenue is closely tied to the performance of industries that use metal powders and tungsten heavy alloys. Any downturn in these sectors could negatively impact the company’s financial performance.
- The cost of raw materials like metals can be volatile. Significant price fluctuations could increase production costs and reduce profit margins, affecting the company’s profitability.
- If the company relies heavily on a few major customers, losing any of these clients or experiencing reduced orders could significantly impact revenue and financial stability.
Swot Analysis for Innomet Advanced Materials IPO
Strengths
Weaknesses
Opportunities
Threats
Company Details
Innomet Advanced Materials Limited
B-31, BHEL Ancillary Industrial Estate,
Ramachandrapuram
Medak, Hyderabad-502032
Phone: +91 04023021726
Email: [email protected]
Website: https://www.innomet.net/
IPO Registar Details
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php
FAQs
The key objectives of Innomet Advanced Materials IPO are:
- Funding working capital requirements of the Company;
- Funding of capital expenditure requirements of the company towards the purchase of machinery and equipment;
- Repayment 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;
- General corporate purposes; and
- Issue Expenses
- Expert Global Consultants Pvt Ltd.
are the book-running lead managers for the Innomet Advanced Materials IPO.