Innomet Advanced Materials IPO Date, Review, Price, Allotment Details

Innomet Advanced Materials IPO Details

Innomet Advanced Materials IPO IPO Market Lot

The Innomet Advanced Materials IPO minimum market lot is 1200 shares with ₹120,000 application amount.

Innomet Advanced Materials IPO Dates

The Innomet Advanced Materials IPO date is September 11, 2024 and the close date is September 13, 2024. The Innomet Advanced Materials IPO allotment will be finalized on September 16, 2024 and the IPO listing on September 18, 2024.

Promoters of Innomet Advanced Materials IPO

The promoters of the company are Lakshmi Kanthamma Chilakapati, Saritha Devi Chilakapati and Vinay Choudhary Chilakapati.

About Innomet Advanced Materials IPO

Innomet Advanced Materials Limited is a global supplier of a wide spectrum of ferrous and nonferrous metal/alloy powders like Copper, Nickel, Bronze, Stainless Steel, Brass, Tin, Diamond Tool Matrix Powders and many other customized powders. The company is mainly famous for the production of Tungsten Heavy Alloy Components. They are serving their products to a broad range of different types of industries like Water purification, pharmaceuticals, Automobiles, Rock cutting, Diamond tools, Petrochemical, Coatings, and many more. The company has a strong infrastructure and collaborates with top scientists and research organizations for continuous development.

Innomet Advanced Materials IPO Company Financial Report

The company reported revenue of ₹29.55 crores in 2024 against ₹27.15 crore in 2023. The company reported profit of ₹2.52 crores in 2024 against profit of ₹3.22 crores in 2023.

Amount ₹ in Crores

Innomet Advanced Materials IPO Valuation – FY2024

Check Innomet Advanced Materials IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group Comparison

Objects of the Issue

• Funding working capital requirements of the Company;
• Funding of capital expenditure requirements of our Company towards purchase of machinery and equipment;
• Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company, from banks and financial institutions;
• General corporate purposes; and
• Issue Expense

Innomet Advanced Materials IPO Review

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Innomet Advanced Materials IPO Registrar

Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php

IPO Lead Managers aka Merchant Bankers

• Expert Global Consultants Private Limited

Company Address

Innomet Advanced Materials IPO Limited
B-31, BHEL Ancillary Industrial Estate,
Ramachandrapuram
Medak, Hyderabad-502032
Phone: +91 04023021726
Email: [email protected]
Website: https://www.innomet.net/

Innomet Advanced Materials IPO FAQs