Innomet Advanced Materials IPO

Innomet Advanced Materials Ltd

₹1,20,000 /1200 sharesMinimum Investment

Innomet Advanced Materials IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹100.00₹190.00₹90.00 (90.00%)

Innomet Advanced Materials IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
11 Sep ‘24 - 13 Sep ‘24₹1,20,0001,200₹100 - ₹100
Issue SizeIPO Doc
34.24Cr
RHP PDF

Subscription rate

As of 13 Sep'24, 05:00 PM
Qualified Institutional Buyers0x
Non-Institutional Investor0x
Retail Individual Investor0x
Total272.799158780231x

About Innomet Advanced Materials

Innomet Advanced Materials was initially a manufacturer of diamond tools and later, through backward integration, started manufacturing metal powders, including ferrous, non-ferrous, and alloys. The company operates two divisions: Innomet Powders and Innotung. Innomet Powders offers 20 products, including copper, bronze, brass, nickel, tin, and stainless-steel powders. The brand also produces customised grades of metal/alloy powders containing iron, copper, nickel, tin, zinc, and cobalt. Innotung is the brand name for the company's tungsten-heavy alloy series. Innomet supplies these materials in different forms, such as bars, plates, cubes, and spheres, and components of varying sizes and shapes.;
Founded in
1984
Managing director
Vinay Choudary Chilakapati
Parent organisation
Innomet Advanced Materials Ltd

Strengths & Financials of Innomet Advanced Materials

Strengths
Risks
Innomet Advanced Materials holds ISO 9001:2015 certification for quality management systems.
The company serves both domestic and international markets, with customers in the US, UK, Germany, Netherlands, Japan, Italy, New Zealand, Lebanon, and Brunei, among others.
Its client portfolio includes names such as Tata Steel, BPCL, Kirloskar Brothers, HAL, and Bharat Forge, among others.
The company has seen a consistent increase in revenue from operations over the years. It increased from Rs 22.38 crore in FY22 to Rs 27.13 crore in FY23 to Rs 28.99 crore in FY24.

Innomet Advanced Materials Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Innomet Advanced Materials IPO

Apply asPrice bandApply upto
Regular100 - 100₹2 Lakh
High Networth Individual100 - 100₹2 - 5 Lakh
For Innomet Advanced Materials IPO, eligible investors can apply as Regular.
ⓒ 2016-2024 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 5.5.5
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ

ABOUT GROWW