IPO - Check IPO Date, Price, Lot Size

Innomet Advanced Materials Ltd IPO

Our Company is engaged in the business of manufacture of Diamond Tools, Metal Powders (Ferrous, Non-Ferrous and their Alloys) and Tungsten Heavy Alloys (THA).

Innomet Advanced Materials Ltd IPO Details

Total Shares Offered

₹ 34,23,600

Offer to Public

TBA

Retail Max (Shares)

₹ 16,26,000

Pre Issue Promoters Holding

₹ 70,91,338

Exchange

NSE

Issue size

TBA

IPO Open Date

Sep 11, 2024

Close Date

Sep 13, 2024

Lot Size

1200

Min Investment

TBA

Issue Type

Fixed Price - SME

Listing Date

Sep 18, 2024

Innomet Advanced Materials Ltd IPO Dates

Sep 11, 2024

Opening date

Sep 13, 2024

Closing date

Sep 16, 2024

Basis of Allotment

Sep 17, 2024

Initiation of Refunds

Sep 17, 2024

Credit of Shares

Sep 18, 2024

Listing date

Details

Sector	Type
Sector	Mining
Sub Sector	Minerals
Issue Type	Fixed Price - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*
QIB	0x	0
NII	0x	1626000
Retail	0x	1626000
Employee	0x	0
Total	0x	3423600

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

1626000

3423600

Innomet Advanced Materials Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	4.44	3.65	4.80
EBITDA	6.28	4.04	5.24
PAT	1.87	2.52	3.22
Total Assets	38.10	17.93	11.96
Share Capital	12.94	9.52	2.88
Total Borrowings	26.10	9.24	1.30
Operating Activities (Net Cash)	3.71	2.91	3.66
Investing Activities (Net Cash)	-1.83	-0.41	-5.97
Financing Activities (Net Cash)	26.10	9.24	1.30
Net Cashflow	0.12	0.02	0.01

About Innomet Advanced Materials Ltd

Our Company was originally formed as a partnership firm under the name and style of M/s. Padmasree Enterprises pursuant to a deed of partnership dated March 07, 1984, as amended from time to time. M/s. Padmasree Enterprises was thereafter converted into a private limited Company Innomet Advanced Materials Private Limited pursuant to the provisions of Chapter XXI of the Companies Act, 2013 on January 29, 2019 and fresh a certificate of incorporation dated April 24, 2019 was issued by Registrar of Companies, Central Registration Centre. Subsequently, the name of our Company was changed to Innomet Advanced Materials Limited upon conversion to a public limited company pursuant to a Board resolution dated September 07, 2023 and a resolution passed in the Extra-Ordinary General Meeting of the shareholders held on September 18, 2023 and consequently a Fresh Certificate of Incorporation dated November 9, 2023 was issued by the Registrar of Companies, Hyderabad.

The work of our company falls under the industry of metal powder metallurgy. The global powder metallurgy market size was valued at USD 2.41 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 12.9% from 2023 to 2030. The increasing adoption of additive manufacturing to reduce the weight of parts or components used in the aerospace, defense, and healthcare sectors will drive the market over the forecast period. 3D printing, also called additive manufacturing, offers properties, such as reduced weight, cost-effectiveness, and complexity in designs, which have attracted various manufacturers to implement the technology in their manufacturing processes. 3D printing is used in various industries, such as jewelry, medical, food, footwear, and aerospace. This has positively influenced the market growth.

Our Company is engaged in the business of manufacture of Diamond Tools, Metal Powders (Ferrous, Non-Ferrous and their Alloys) and Tungsten Heavy Alloys (THA).

Innomet Advanced Materials Ltd Key Points

Strengths

Experienced Management team having knowledge to scale up and expand into new opportunities.

Dedicated technical & functional team to provide solutions to our customers.

Experience of handling large & complex projects.

Multi-year relationships with most customers.

Improving operational efficiency.

Risk

The company has experienced negative cash flows in relation to its operating, investing and financing activities in the last three financial years. Any negative cash flows in the future would adversely affect its results of operations and financial condition.

Its Directors & Promoters, Senior Management and Key Managerial Personnel have no interests other than reimbursement of expenses incurred and normal remuneration or benefits in the Company.

Employee misconduct, errors or fraud could expose it to business risks or losses that could adversely affect business prospects, results of operations and financial condition.

Strategy

Import substitution.

Going up the technology chain.

Components for Hydrogen Economy.

Materials for EV Battery.

Working with IITs for indigenization of powders for Additive Manufacturing.

How To Apply for Innomet Advanced Materials Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Innomet Advanced Materials Ltd IPO?

Innomet Advanced Materials Ltd's IPO offers shares for up to 34.24 It begins on Sep 11, 2024 and ends on Sep 13, 2024.

What is the price of the Innomet Advanced Materials Ltd IPO?

The price of Innomet Advanced Materials Ltd IPO ranges between NA to NA per share.

What are the open and close dates for the Innomet Advanced Materials Ltd IPO?

The Innomet Advanced Materials Ltd IPO opens on Sep 11, 2024 and closes on Sep 13, 2024.

When will the Innomet Advanced Materials Ltd IPO be allotted?

The allotment for the Innomet Advanced Materials Ltd IPO will be finalised on Sep 16, 2024. The shares will be listed on BSE and NSE on Sep 18, 2024.

What is the minimum lot size required for Innomet Advanced Materials Ltd IPO?

The minimum lot size for Innomet Advanced Materials Ltd IPO is 1200 shares, priced between NA to NA per share.

What is the GMP of Innomet Advanced Materials Ltd IPO?

The GMP (Grey Market Premium) of Innomet Advanced Materials Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Innomet Advanced Materials Ltd IPO?

To check the allotment status of Innomet Advanced Materials Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Innomet Advanced Materials Ltd IPO getting listed?

The Innomet Advanced Materials Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Sep 11, 2024, and closes on Sep 13, 2024. The allotment is finalised on Sep 16, 2024.

How do you apply for the Innomet Advanced Materials Ltd IPO?

To apply for the Innomet Advanced Materials Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.