Inox India IPO Date, Review, Price, Allotment Details

Inox India Limited is one of the largest suppliers of cryogenic equipment in India by revenue in Fiscal 2023. They have over 30 years of experience offering solutions across design, engineering, manufacturing, and installation of equipment and systems for cryogenic conditions. The offering includes standard cryogenic tanks and equipment, beverage kegs, bespoke technology, equipment, and solutions as well as large turnkey projects that are used in diverse industries such as industrial gases, liquified natural gas, green hydrogen, energy, steel, medical and healthcare, chemicals and fertilizers, aviation and aerospace, pharmaceuticals and
construction.

Inox India business is comprised of three divisions:

• Industrial Gas: This division manufactures, supplies, and installs cryogenic tanks and systems for storage, transportation, and distribution of industrial gases such as green hydrogen, oxygen, nitrogen, argon, carbon dioxide (CO2), and hydrogen and provides after-sales services.
• LNG: This division manufactures, supplies, and installs standard and engineered equipment for LNG storage, distribution, and transportation as well as small-scale LNG infrastructure solutions suitable for industrial, marine, and automotive applications; and
• Cryo Scientific: This division provides equipment for technology-intensive applications and turnkey solutions for scientific and industrial research involving cryogenic distribution.

The company offers products and 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.

Objects of the Issue

• Carry out the Offer for Sale of up to 22,110,955 Equity Shares by the Selling Shareholders; and
• 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.

Inox India IPO Review (Apply or Not)

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Inox India IPO Date & Price Band Details

Inox India IPO Market Lot

The Inox India IPO minimum market lot is 22 shares with ₹14,520 application amount. The retail investors can apply up-to 13 lots with 286 shares or ₹188,760 amount.

Inox India IPO Allotment & Listing Dates

The Inox India IPO date is December 14 and the close date is December 18. The Inox India IPO allotment will be finalized on 2023 and the IPO listing on 2023.

You can check IPO subscription status and IPO allotment status on their respective pages.

Inox India IPO Form

How to apply for the Inox India IPO? You can apply for Inox India IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Inox India IPO in the Invest section. The other option is you can apply for Inox India IPO via IPO forms downloaded via NSE and BSE. Check out the Inox India forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Inox India Company Financial Report

Inox India IPO Valuation – FY2023

Check Inox India 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

• There are no listed companies in India that engage in a business similar to that of our Company. Accordingly, it is not possible to provide an industry comparison in relation to our Company. Further, there are no Indian listed peers or global listed peers which are of comparable size, from the same industry and with a similar business model as our Company.

Company Promoters

• Pavan Kumar Jain
• Nayantara Jain
• Siddharth Jain
• Ishita Jain

Inox India IPO Registrar

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/

Inox India IPO Allotment Status Check

Check Inox India IPO allotment status on KFintech website allotment URL. Click Here

Inox India IPO Lead Managers aka Merchant Bankers

• ICICI Securities Limited
• Axis Capital Limited

Company Address

Inox India Limited
9 th Floor, K P Platina
Racecourse
Vadodara – 390 007
Phone: +91 265 6160100
Email: [email protected]
Website: https://inoxcva.com/

Inox India IPO FAQs