Inox India (CVA) Limited IPO
Inox India (CVA) Limited IPO is listed on BSE and NSE, priced at ₹627–₹660 per share. The stock debuted at ₹949.65, delivering a listing gain of 43.9%. The IPO had a lot size of ₹22 shares and a minimum investment of ₹14,520.
Inox India (CVA) Limited IPO
- IPO Dates
- Dec 14, 2023 – Dec 18, 2023
- Price band
- ₹627-660 per equity share
- Minimum Investment
- ₹14,520
- Issue size
- 22,110,955 shares of ₹2(aggregating up to ₹1,459.32 Cr)
- Lot size
- 22
- Allotment Date
- Dec 19, 2023
- Listing
- Dec 21, 2023
- Listing At
- BSE, NSE
IPO timeline
-
Dec 14, 2023
Open Date
Completed
-
Dec 18, 2023
Close Date
Completed
-
Dec 19, 2023
Allotment Date
Completed
-
Dec 21, 2023
Listing Date
Completed
Price Summary
- Last closing
- 1,430.00 (116.67%)
- 52 week high
- 1,615.90
- 52 week low
- 1,055.70
- Last update
Inox India (CVA) Limited IPO Essentials
Inox India (CVA) Limited IPO Details
Inox India (CVA) Limited IPO is priced at ₹627-660 per share with a total issue size of 22,110,955 shares of ₹2(aggregating up to ₹1,459.32 Cr). The IPO has a lot size of 22 shares and is listed on BSE and NSE.
- Issue price
- ₹627-660 per equity share
- Lot size
- 22 shares
- Face value
- ₹2 Per Equity Share
- Issue size
- 22,110,955 shares of ₹2(aggregating up to ₹1,459.32 Cr)
- Listing at
- BSE, NSE
- List price
- 949.65(NSE)
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
ICICI Securities Limited, Axis Capital Limited
Inox India (CVA) Limited IPO Analytics
Inox India (CVA) Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Inox India (CVA) Limited IPO Subscription Status
Inox India (CVA) Limited 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
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 4,422,191 |
3,316,644
2,211,096
1,105,548
|
7,738,835 | 15,477,670 |
|
Day 1
14-12-23 05:00 PM
|
0.04 x |
4.57x
3.85x
5.99x
|
3.61 x | 2.79 x |
|
Day 2
15-12-23 05:00 PM
|
0.17 x |
13.73x
12.00x
17.19x
|
8.17 x | 7.07 x |
|
Day 3
18-12-23 05:00 PM
|
147.80 x |
53.20x
56.55x
46.51x
|
15.29 x | 61.28 x |
|
Total No. of Applications
|
category wise applications | ||
|---|---|---|---|
| 43,75,495 (Approx) | 12.44 | ||
Inox India (CVA) Limited Valuations
Earnings
- EPS (Post IPO)
- ₹16.83/-
- P/E Ratio
- 39.22
Returns
- RoNW
- 27.79%
Inox India (CVA) Limited Financials( In Crs.)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 1,148.36 | 896.75 | 687.20 |
| Revenue | 984.20 | 803.71 | 608.99 |
| Profit After Tax | 152.71 | 130.50 | 96.11 |
Inox India (CVA) Limited Company & Offer Insights
About Inox India (CVA) Limited
Inox India Limited is a supplier of cryogenic equipment. The company provides end-to-end solutions for equipment and systems operating in cryogenic conditions, including design, engineering, manufacturing, and installation. The company provides a wide range of products and services, including cryogenic tanks and equipment, beverage kegs, customized technology, equipment and solutions, as well as comprehensive turnkey projects. These products and services cater to a variety of industries such as industrial gases, liquefied natural gas (LNG), green hydrogen, energy, steel, medical and healthcare, chemicals and fertilizers, aviation and aerospace, pharmaceuticals and construction.
The customer base of the company includes;Air Liquide Global E&C Solutions India Private Limited, All Safe Global, Baif Development Research Foundation, CRYONiQ s.r.o., Gulf Cryo LLC, Hyundai Engineering and Construction Co Ltd, INOX Air Product Pvt Ltd, Carbacid (CO2) Limited, Navin Flourine International Ltd, National Refrigerants Inc, Pentrade Global LLC, Prodair Air Products India Pvt Ltd, SK ecoengineering Co. Ltd, StemCyte India Therapeutics Pvt Ltd, Synergy Gases ( K ) Ltd in Industrial Gas Division and Caribbean LNG Inc, 2G Energy Inc, AGP City Gas Pvt Ltd, H-Energy Gateway Pvt. Ltd., Hoglund Gas Solutions AS, IRM Energy Limited, Saint Gobain India Private Limited, Shell Energy India Private Limited; Think Gas Distribution Private Limited, Ultra Gas & Energy Limited in LNG Division.
By September 2023, the company had exported products and delivered services to 66 countries, including the United States, Saudi Arabia, the Netherlands, Brazil, Korea, United Arab Emirates, Australia, and Bangladesh.
The manufacturing facilities are in Kalol, Kandla Special Economic Zone (Kandla SEZ), and Silvassa in the Union Territory of Dādra and Nagar Haveli. As of September 2023, the company's order book comprises of ₹10,366.09 million.
Inox India (CVA) Limited Promoter(s)
Pavan Kumar Jain, Nayantara Jain, Siddharth Jain, Ishita Jain are the company's promoters of Inox India (CVA) Limited.
Inox India (CVA) Limited IPO Issue Objectives
- •
- Carry out the Offer for Sale of up to 22,110,955 Equity Shares by the Selling Shareholders
- •
- Achieve the benefits of listing the Equity Shares on the Stock Exchanges. Further, the Company expects that the proposed listing of its Equity Shares will enhance the visibility and brand image as well as provide a public market for the Equity Shares in India. The Selling Shareholders will be entitled to the entire Offer proceeds after deducting the Offer expenses and relevant taxes.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Inox India (CVA) Limited IPO is a book-built IPO worth ₹22,110,955 shares of ₹2(aggregating up to ₹1,459.32 Cr). The price band is ₹627–₹660 per share. The IPO opens on Dec 14, 2023 and closes on Dec 18, 2023. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The price band of Inox India (CVA) Limited IPO is ₹627 to ₹660 per share.
The lot size of Inox India (CVA) Limited IPO is 22 shares.
The minimum investment for Inox India (CVA) Limited IPO is approximately ₹14,520 based on the upper price band .
Inox India (CVA) Limited IPO opens on Dec 14, 2023 and closes on Dec 18, 2023.
The allotment date of Inox India (CVA) Limited IPO is Dec 19, 2023.
Inox India (CVA) Limited IPO is expected to be listed on Dec 21, 2023, on BSE and NSE .
Inox India (CVA) Limited IPO listed on Dec 21, 2023. It was issued at ₹949.65(NSE) and is currently around ₹1430.00 as on 14-May-2026 3:30 PM, which is approximately 116.7% versus issue price. The 52-week high is ₹1,615.90.
Based on listing and post-listing performance, Inox India (CVA) Limited IPO delivered around 116.7% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Inox India (CVA) Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Inox India (CVA) Limited IPO valuation snapshot: P/E 39.22, EPS ₹16.83/-, P/B N/A, RoNW 27.79%, and market cap N/A.
To apply for Inox India (CVA) Limited 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 Inox India (CVA) Limited 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 Inox India (CVA) Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Inox India (CVA) Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Inox India (CVA) Limited IPO allotment status on IPO Ji for quick and easy access.