Innomet Advanced Materials IPO description – Innomet Advanced Materials specializes in the specialty powder metallurgy industry, focusing on two main divisions: metal powder manufacturing and tungsten heavy alloy component manufacturing. Its operations are crucial for various applications, including powder metallurgy, diamond tools, welding, brazing, and radiation shielding, catering to sectors such as aerospace, defense, and general engineering.
Innomet is a global manufacturer of metal and alloy powders, specializing in creating customized grades that include Iron, Copper, Nickel, Tin, Zinc, and Cobalt. The company has supplied its products in India as well as in the US, UK, Germany, Netherlands, Japan, Italy, New Zealand, Lebanon, and Brunei. As of 31 March 2024, the company employed a total of 56 people, with 35 on payroll and 21 on a contract basis, across various departments.
Promoters of Innomet Advanced Materials – Lakshmi Kanthamma Chilakapati, and Saritha Devi Chilakapati
Table of Contents
Innomet Advanced Materials IPO Details
| Innomet Advanced Materials IPO Dates | 11 – 13 September 2024 |
| Innomet Advanced Materials Issue Price | INR 100 per share |
| Fresh issue | 34,23,600 shares (INR 34.24 crore) |
| Offer For Sale | NIL |
| Total IPO size | 34,23,600 shares (INR 34.24 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 1,20,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Innomet Advanced Materials Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 22.38 | 27.13 | 28.99 |
| Expenses | 21.85 | 22.79 | 26.29 |
| Net income | 0.55 | 3.22 | 2.52 |
Innomet Advanced Materials Offer News
- Innomet Advanced Materials RHP
- Innomet Advanced Materials Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Innomet Advanced Materials Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 1.91 | 11.15 | 2.65 |
| PE ratio | – | – | 37.74 |
| RONW (%) | 14.53 | 45.55 | 17.11 |
| NAV | 13.17 | 24.48 | 15.73 |
| ROCE (%) | 10.23 | 27.70 | 16.27 |
| EBITDA (%) | 7.66 | 21.16 | 16.74 |
| Debt/Equity | 3.40 | 4.20 | 1.27 |
Innomet Advanced Materials IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 17 September 2024 | 90 | – | 82,000 |
| 16 September 2024 | 90 | – | 82,000 |
| 14 September 2024 | 90 | – | 82,000 |
| 13 September 2024 | 85 | – | 77,000 |
Innomet Advanced Materials IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 16,26,000 | 16,26,000 | 32,52,000 |
| 13 Sep 2024 | 367.87 | 226.97 | 297.42 |
| 12 Sep 2024 | 3.70 | 10.61 | 7.15 |
| 11 Sep 2024 | 0.18 | 0.71 | 0.44 |
The market maker reservation portion of 1,71,600 shares is not included in the above calculations.
Innomet Advanced Materials IPO Allotment Status
Innomet Advanced Materials IPO allotment status is now available on Skyline Financial Services’ website. Click on this link to get allotment status.
Innomet Advanced Materials IPO Dates & Listing Performance
| IPO Opening Date | 11 September 2024 |
| IPO Closing Date | 13 September 2024 |
| Finalization of Basis of Allotment | 16 September 2024 |
| Initiation of refunds | 17 September 2024 |
| Transfer of shares to demat accounts | 17 September 2024 |
| IPO Listing Date | 18 September 2024 |
| Opening Price on NSE SME | INR 190 per share (up 90%) |
| Closing Price on NSE SME | INR 199.50 per share (up 99.50%) |
Innomet Advanced Materials Offer Lead Manager
EXPERT GLOBAL CONSULTANTS PRIVATE LIMITED
1511, RG Trade Tower Netaji Subhash Place,
Pitampura, New Delhi – 110 034
Phone:Â +91 11 4509 8234
Email:Â [email protected]
Website:Â www.expertglobal.in
Innomet Advanced Materials Offer Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
A/506, Dattani Plaza, Andheri Kurla Road, Safeed Pool,
Andheri East, Mumbai – 400 072, Maharashtra, India
Phone:Â +91 22 2851 1022
Email:Â [email protected]
Website:Â www.skylinerta.com
Innomet Advanced Materials Issue Contact Details
INNOMET ADVANCED MATERIALS LIMITED
B-31, BHEL Ancillary Industrial Estate, Ramachandrapuram,
Medak, Hyderabad-502032, Telangana
Phone:+91 04023021726
E-mail: [email protected]
Website: www.innomet.net
IPO FAQs
What is Innomet Advanced Materials offer size?
Innomet Advanced Materials offer size is INR 34.24 crores.
What is Innomet Advanced Materials offer price band?
Innomet Advanced Materials public offer price is INR 100 per share.
What is the lot size of Innomet Advanced Materials IPO?
Innomet Advanced Materials offer lot size is 1,200 shares.
What is Innomet Advanced Materials IPO GMP today?
Innomet Advanced Materials IPO GMP today is INR 90 per share.
What is the Innomet Advanced Materials kostak rate today?
Innomet Advanced Materials kostak rate today is INR NA per application.
What is Innomet Advanced IPO Subject to Sauda rate today?
Innomet Advanced Materials Subject to Sauda rate today is INR 82,000 per application.
