Innomet Advanced Materials IPO Details
| IPO Open Date: | September 11, 2024 |
| IPO Close Date: | September 13, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹100 Per Share |
| Issue Size: | Approx ₹34.24 Crores |
| Fresh Issue: | Approx ₹34.24 Crores |
| Offer for Sale: | NA |
| Issue Type: | Fixed Price Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 50% |
| QIB Quota: | Not more than 00% |
| NII Quota: | Not more than 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Innomet Advanced Materials IPO IPO Market Lot
The Innomet Advanced Materials IPO minimum market lot is 1200 shares with ₹120,000 application amount.
| 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 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.
| IPO Open Date: | September 11, 2024 |
| IPO Close Date: | September 13, 2024 |
| Basis of Allotment: | September 16, 2024 |
| Refunds: | September 17, 2024 |
| Credit to Demat Account: | September 17, 2024 |
| IPO Listing Date: | 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
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹22.38 | ₹21.85 | ₹0.55 | ₹9.74 |
| 2023 | ₹27.13 | ₹22.79 | ₹3.22 | ₹12.14 |
| 2024 | ₹28.99 | ₹26.29 | ₹2.52 | ₹34.17 |
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.
| KPI | Values |
| ROE: | 21.37% |
| ROCE: | 16.27% |
| EBITDA Margin: | 16.74% |
| PAT Margin: | 13.28% |
| Debt to equity ratio: | 1.28 |
| Earning Per Share (EPS): | ₹2.65 (Basic) |
| Price/Earning P/E Ratio: | 37.73 |
| Return on Net Worth (RoNW): | 17.11% |
| Net Asset Value (NAV): | ₹15.73 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| NA | NA | NA | NA | NA | – Cr. |
| NA | NA | NA | NA | NA | – Cr. |
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
- IPO Watch – May Apply
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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/
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Note: The Innomet Advanced Materials IPO price band and date are officially announced. The (Innomet Advanced Materials IPO grey market premium) will be added to the IPO GMP page as it will start).
