Innomet Advanced Materials IPO
Innomet Advanced Materials is an NSE SME IPO listed on the NSE SME platform, priced at ₹100 per share. The stock debuted at ₹190, delivering a listing gain of 90.0%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,20,000.
Innomet Advanced Materials Limited IPO
- IPO Dates
- Sep 11, 2024 – Sep 13, 2024
- Price band
- ₹100 per equity share
- Minimum Investment
- ₹1,20,000
- Issue size
- ₹34.24 Cr
- Lot size
- 1200
- Allotment Date
- Sep 16, 2024
- Listing
- Sep 18, 2024
- Listing At
- NSE SME
IPO timeline
-
Sep 11, 2024
Open Date
Completed
-
Sep 13, 2024
Close Date
Completed
-
Sep 16, 2024
Allotment Date
Completed
-
Sep 18, 2024
Listing Date
Completed
Innomet Advanced Materials IPO Essentials
Innomet Advanced Materials IPO Details
Innomet Advanced Materials IPO is priced at ₹100 per share with a total issue size of 34.24 crore. The IPO has a lot size of 1200 shares and is listed on NSE SME.
- Issue price
- ₹100 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 3,423,600 shares(aggregating up to ₹34.24 Cr)
- Total issue size
- 34,23,600 shares
(aggregating up to ₹34.24 crore) - Fresh issue
- 34,23,600 shares
(aggregating up to ₹34.24 crore) - Listing at
- NSE SME
- List price
- 190.0
- Listing date
- Registrar
- Skyline Financial Services Private Ltd
- Lead manager
-
Expert Global Consultants Private Limited
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1200 | ₹1,20,000 |
| Retail(max) | 1 | 1200 | ₹1,20,000 |
| NII (min) | 2 | 2,400 | ₹2,40,000 |
Innomet Advanced Materials IPO Reservation
Innomet Advanced Materials IPO reservation details show category-wise allocation of shares. Out of the total 34,23,600 shares, approximately 47.49% for retail investors, and 5.01% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - (NA%) | |
| Market Maker Shares Offered | 1,71,600 (5.01%) | |
| Retail Shares Offered | 16,26,000 (47.49%) | |
| Total Shares Offered | 34,23,600 (100%) |
Innomet Advanced Materials IPO Analytics
Innomet Advanced Materials IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Innomet Advanced Materials IPO Subscription Status
Innomet Advanced Materials IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,626,000 | 1,626,000 | 3,252,000 |
|
Day 1
11-09-24 06:00 PM
|
(0.21) x | 0.85 x | 0.53 x |
|
Day 2
12-09-24 06:00 PM
|
(3.63) x | 10.99 x | 7.77 x |
|
Day 3
13-09-24 06:00 PM
|
(367.87) x | 226.97 x | 297.42 x |
Innomet Advanced Materials Valuations
Earnings
- EPS Pre IPO
- ₹2.65/-
- EPS Post IPO
- ₹1.65/-
- P/E Pre IPO
- 37.78
- P/E Post IPO
- 51.37
Returns
- ROE
- 21.37%
- ROCE
- 16.27%
- RoNW
- 17.11%
Fundamentals
- Debt / Equity
- 1.27
Innomet Advanced Materials Financials( In Lakhs)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 3,416.76 | 1,213.68 | 974.01 |
| Revenue | 2,955.45 | 2,714.78 | 2,240.35 |
| Profit After Tax | 251.91 | 321.55 | 55.17 |
| Net Worth | 1,472.0 | 705.94 | 379.78 |
| Reserves & Surplus | 520.35 | 417.62 | 91.46 |
| Total Borrowing | 1,331.29 | 1,209.5 | 981.51 |
Innomet Advanced Materials Company & Offer Insights
About Innomet Advanced Materials
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 Quality Management System Standard: ISO 9001:2015 for the manufacturing and supply of Ferrous & Non-Ferrous Metal/Alloy Powders and Tungsten Heavy Alloy components.
The company has over 20 different products that include copper, bronze, brass, nickel, tin, and stainless-steel powders for a variety of industries. They are specialized in manufacturing custom grades of metal and alloy powders containing iron, copper, nickel, tin, zinc, and cobalt.
The company has supplied its products in India as well as in US, UK, Germany, Netherlands, Japan, Italy, New Zealand, Lebanon and Brunei.
As of March 31, 2024, the company had 56 employees in different departments.
Innomet Advanced Materials Promoter(s)
Lakshmi Kanthamma Chilakapati, Saritha Devi Chilakapati, Vinay Choudhary Chilakapati are the company's promoters of Innomet Advanced Materials.
Innomet Advanced Materials IPO Issue Objectives
- •
- 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
- •
- Issue Expenses
Contact Information
Contact Details
Innomet Advanced Materials
+91 04023021726
B-31, BHEL Ancillary Industrial Estate, Ramachandrapuram Medak, Hyderabad-502032
Registrar Contact Details
Skyline Financial Services Private Ltd
02228511022
Frequently Asked Questions
Click any question to reveal the answer
Innomet Advanced Materials IPO is a Fixed Priced IPO worth ₹34.24 crore. The issue price is ₹100 per share (fixed price). The IPO opens on Sep 11, 2024 and closes on Sep 13, 2024. It will be listed on NSE SME Platform. Skyline Financial Services Private Ltd is the registrar.
The issue price of Innomet Advanced Materials IPO is ₹100 per share (fixed price).
The lot size of Innomet Advanced Materials IPO is 1200 shares.
The minimum investment for Innomet Advanced Materials IPO is approximately ₹1,20,000 based on the issue price .
Innomet Advanced Materials IPO opens on Sep 11, 2024 and closes on Sep 13, 2024.
The allotment date of Innomet Advanced Materials IPO is Sep 16, 2024.
Innomet Advanced Materials IPO is expected to be listed on Sep 18, 2024, on NSE SME Platform.
Innomet Advanced Materials IPO valuation snapshot: P/E 51.37, EPS ₹1.65/-, P/B N/A, RoNW 17.11%, and market cap N/A.
To apply for Innomet Advanced Materials IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Innomet Advanced Materials IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Innomet Advanced Materials IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Innomet Advanced Materials IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Innomet Advanced Materials IPO allotment status on IPO Ji for quick and easy access.