Inox CVA IPO

Inox India Limited

₹13,794 /22 sharesMinimum Investment

Inox CVA IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
14 Dec ‘23 - 18 Dec ‘23₹13,79422₹627 - ₹660
Issue SizeIPO Doc
1459.32CrRHP PDF
Subscription rate
Qualified Institutional Buyers147.80x
Non-Institutional Investor53.08x
Retail Individual Investor15.04x
Employees0.00x
Total61.12x
About Inox CVA
Inox CVA is engaged in the cryogenic equipment sector. The company specializes in a wide array of products, including cryogenic tanks and equipment, beverage kegs, bespoke technology, equipment and solutions, and more. Catering to diverse industries such as LNG, green hydrogen, energy, medical, and aerospace, Inox CVA is India's largest supplier and exporter of cryogenic equipment. 
Their global footprint extends to over 66 countries, serving a vast range of clients across various sectors. The company operates through 3 dedicated divisions—Industrial Gas, LNG, and Cryo Scientific—each providing specialized solutions to different market segments. Their manufacturing facilities are located in Gujarat, Dādra and Nagar Haveli, and have ISO certifications.;Founded in
1976
Managing director
Mr. Amit Advani
Parent organisation
Inox India Limited
Strengths & Financials of Inox CVAStrengths
Risks
Inox CVA was the largest supplier of cryogenic equipment in India by revenue in 2023.
Inox CVA is the first Indian company to manufacture a trailer-mounted hydrogen transport tank in collaboration with the Indian Space Research Organisation (ISRO).
They successfully supplied a 238kl liquid hydrogen storage tank for a South Korean plant and recently dispatched four 311kl liquid hydrogen storage tanks for the development of three additional plants in South Korea.
In the last three years, Inox CVA has delivered its equipment and systems to a total of 1,255 domestic clients and 254 international clients across its three distinct divisions.
They have developed unique products like LNG vehicle fuel tanks, marine inland waterway barge tanks, and ultra-low temperature vapour freezers for biological products. 
They provide custom-engineered solutions tailored to individual customer requirements. This includes unique projects like cryogenic tanks for LNG bunker barges and disposable cylinders that meet specific international standards.
Inox CVA has developed systems for cryogenic storage and handling, particularly in challenging fields like space research and cryogenic propulsion systems. They have been involved in projects, such as the ITER nuclear fusion research.
Their products are manufactured in compliance with various international standards, including ASME, EN 13458, and ISO 3824-Part 2. 
Exporting to 66 countries, Inox CVA has established a significant international footprint. 
Inox CVA Financials
*All values are in Rs. Cr
No Graph Data To Display
Application Details of Inox CVA IPOApply asPrice bandApply upto
Regular₹627 - 660₹2 Lakh
High Networth Individual₹627 - 660₹2 - 5 Lakh
For Inox CVA IPO, eligible investors can apply as Regular.

Bidding Dates	Min. Investment	Lot Size	Price Range
14 Dec ‘23 - 18 Dec ‘23	₹13,794	22	₹627 - ₹660

Issue Size	IPO Doc
1459.32Cr	RHP PDF

Apply as	Price band	Apply upto
Regular	₹627 - 660	₹2 Lakh
High Networth Individual	₹627 - 660	₹2 - 5 Lakh

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
Contact Us
PRODUCTS
StocksFutures & OptionsMTFIPOMutual FundsNFOETFCreditBill Payments
GROWW
About UsPricingBlogMedia & PressCareersHelp and SupportTrust and Safety
QUICK LINKS
AMC Mutual FundsCalculatorsGlossaryOpen Demat AccountGroww DigestSitemapWeb Stories
ⓒ 2016-2024 Groww. All rights reserved, Built with ♥in India

ABOUT GROWW

Groww is India’s No.1 Stock Broker and Trading Platform with more than 1 crore active customers where users can find their investment solutions pertaining to mutual funds, stocks, US Stocks, ETFs, IPO, and F&Os, to invest their money without hassles.

Groww objectively evaluates stocks and mutual funds and does not advise or recommend any stocks, mutual funds or portfolios. Investors shall invest at their own discretion, will and consent. Groww, at any time, does not guarantee fixed returns on the capital invested.

Groww helps investors -

· By providing 100% paperless online free Demat and trading account opening

· By providing an objective evaluation of products available on the platform

· By being transparent about fees and charges involved while investing in a product

· By offering decision-making assistance by providing technical analysis with advanced charts, well-designed line & candlestick charts that indicate share price movements, and market indices, along with more details about all registered and listed companies

SECURE TRANSACTIONS ON GROWW

All transactions on Groww are safe and secure. Users can invest through SIP or Lumpsum using Netbanking through all supported banks. It uses BSE Star MF (with Member code 11724) as transaction platform.

TRADE AND INVEST SECURELY WITH GROWW

Stocks, Mutual fund investments, F&Os, etc., are very popular with individual investors because of their numerous benefits. On Groww, an investor can -

- Invest in Nifty 50 (NSE) & Sensex (BSE) listed stocks

- Diversify across multiple stocks and other instruments

- Start SIP with any amount (as low as Rs. 500)

- Switch regular funds to direct funds

- Start automated monthly investments (SIP), and benefit from many more features

All type of mutual funds are available on Groww.

INVESTING IN MUTUAL FUND PORTFOLIOS

Portfolio is collection of mutual funds designed to meet your investment goals. Investing in mutual fund portfolios helps you in diversifying your investments and reduces the risk. Portfolios also help you in assigning an investment goals and make it easy for you to save for and achieve your goals. You can create a portfolio yourself or ask an expert to build it for you.

ATTENTION INVESTORS

1. For Stock Broking Transaction 'Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day...Issued in the interest of Investors.

2. For Depository Transaction 'Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL/NSDL on the same day...Issued in the interest of investors.

3. KYC is a one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

4. If you are subscribing to an IPO, there is no need to issue a cheque. Please write the Bank account number and sign the IPO application form to authorize your bank to make payment in case of allotment. In case of non allotment the funds will remain in your bank account.

· Investors should be cautious on unsolicited emails and SMS advising to buy, sell or hold securities and trade only on the basis of informed decision. Investors are advised to invest after conducting appropriate analysis of respective companies and not to blindly follow unfounded rumours, tips etc. Further, you are also requested to share your knowledge or evidence of systemic wrongdoing, potential frauds or unethical behaviour through the anonymous portal facility provided on BSE & NSE website.

· Awareness regarding guidelines on Margin collection

1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.

2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.

3. Pay 20% upfront margin of the transaction value to trade in cash market segment.

4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.

5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.

Issued in the interest of Investors

DISCLAIMER

Groww Invest Tech Pvt. Ltd. (Formerly known as Nextbillion Technology Pvt. Ltd) (CIN: U65100KA2016PTC092879) is a member of NSE & BSE with SEBI Registration no: INZ000301838, Depository Participant of CDSL Depository with SEBI Registration no: IN-DP-417-2019 and Mutual Fund distributor with AMFI Registration No: ARN-111686. Registered office and Correspondence office - No.11, 2nd floor, 80 FT Road, 4th Block, S.T Bed, Koramangala, Bengaluru – 560034. For any grievances related to Stock Broking/DP, please write to [email protected] , please ensure you carefully read the Risk Disclosure Document as prescribed by SEBI.

Procedure to file a complaint on SEBI SCORES: Register on the SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances.

Groww Invest Tech Pvt. Ltd. (Formerly known as Nextbillion Technology Pvt. Ltd) makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Unless otherwise specified, all returns, expense ratio, NAV, etc are historical and for illustrative purposes only. Future will vary greatly and depends on personal and market circumstances. The information provided by our blog is educational only and is not investment or tax advice.

Mutual fund investments are subject to market risks. Please read all scheme related documents carefully before investing. Past performance of the schemes is neither an indicator nor a guarantee of future performance.

Terms and conditions of the website/app are applicable. Privacy policy of the website is applicable.

Qualified Institutional Buyers	147.80x
Non-Institutional Investor	53.08x
Retail Individual Investor	15.04x
Employees	0.00x
Total	61.12x