Innomet Advanced Materials Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 10-09-2024 | 12-09-2024 | ₹10 per share | 100 | 1200 Shares | NSE SME | 3,423,600 shares (aggregating up to ₹34.24 Cr) | 2024-09-15 18:30:00 | 2024-09-16 18:30:00 | 2024-09-16 18:30:00 | 17-09-2024 |
About The Company
Innomet Advanced Materials IPO is a fixed price issue of Rs 34.24 crores. The issue is entirely a fresh issue of 34.24 lakh shares.
Innomet Advanced Materials IPO opens for subscription on September 11, 2024 and closes on September 13, 2024. The allotment for the Innomet Advanced Materials IPO is expected to be finalized on Monday, September 16, 2024. Innomet Advanced Materials IPO will list on NSE SME with tentative listing date fixed as Wednesday, September 18, 2024.
Innomet Advanced Materials IPO price is ₹100 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹120,000. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹240,000.
Expert Global Consultants Private Limited is the book running lead manager of the Innomet Advanced Materials IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for Innomet Advanced Materials IPO is Prabhat Financial Services.
Refer to Innomet Advanced Materials IPO RHP for detailed information.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-03-2022 | 974 | 2240 | 2240 | 379.78 | 91.46 | 981.51 |
| 30-03-2023 | 1214 | 2715 | 2715 | 705.94 | 417.62 | 1209.5 |
| 30-03-2024 | 3417 | 2955 | 252 | 1472 | 520.35 | 1331.29 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Non-Institutional Buyers | 3367.77 |
| Investors | 226.97 |
| Total | 323.92 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| HNI (Min) | 2 | 2400 | 240000 |
IPO Listing Details
| Listing Date | 17-09-2024 |
| BSE Script Code | n/a |
| NSE Symbol | n/a |
| ISIN | n/a |
| Final Issue Price | 0 |
Promoter holdings
The promoters of the company are Lakshmi Kanthamma Chilakapati, Saritha Devi Chilakapati and Vinay Choudhary Chilakapati.
Contact Information of the Company
Innomet Advanced Materials Limited
B-31, BHEL Ancillary Industrial Estate,
Ramachandrapuram
Medak, Hyderabad-502032
Phone: +91 04023021726
Email: cs@innomet.net
Website: https://www.innomet.net/
IPO Registrar
Innomet Advanced Materials Limited
B-31, BHEL Ancillary Industrial Estate,
Ramachandrapuram
Medak, Hyderabad-502032
Phone: +91 04023021726
Email: cs@innomet.net
Website: https://www.innomet.net/
IPO Lead Manager
Skyline Financial Services Private Ltd