Innomet Advanced Materials IPO GMP, Review, Price, Allotment

Innomet Advanced Materials IPO description –

Innomet Advanced Materials specializes in the specialty powder metallurgy industry, focusing on two main divisions: metal powder manufacturing and tungsten heavy alloy component manufacturing. Its operations are crucial for various applications, including powder metallurgy, diamond tools, welding, brazing, and radiation shielding, catering to sectors such as aerospace, defense, and general engineering.

Innomet is a global manufacturer of metal and alloy powders, specializing in creating customized grades that include Iron, Copper, Nickel, Tin, Zinc, and Cobalt. The company has supplied its products in India as well as in the US, UK, Germany, Netherlands, Japan, Italy, New Zealand, Lebanon, and Brunei. As of 31 March 2024, the company employs a total of 56 people, with 35 on payroll and 21 on a contract basis, across various departments.

Innomet Advanced Materials IPO Allotment Status

Promoters of Innomet Advanced Materials – Lakshmi Kanthamma Chilakapati, and Saritha Devi Chilakapati

Innomet Advanced Materials IPO Details

Innomet Advanced Materials IPO Dates	11 – 13 September 2024
Innomet Advanced Materials Issue Price	INR 100 per share
Fresh issue	34,23,600 shares (INR 34.24 crore)
Offer For Sale	NIL
Total IPO size	34,23,600 shares (INR 34.24 crore)
Minimum bid (lot size)	1,200 shares (INR 1,20,000)
Face Value	INR 10 per share
Retail Allocation	50%
Listing On	NSE Emerge

Innomet Advanced Materials Financial Performance

	FY 2022	FY 2023	FY 2024
Revenue	22.38	27.13	28.99
Expenses	21.85	22.79	26.29
Net income	0.55	3.22	2.52

Figures in INR Crores unless specified otherwise

Innomet Advanced Materials Offer News

Innomet Advanced Materials Valuations & Margins

	FY 2022	FY 2023	FY 2024
EPS	1.91	11.15	2.65
PE ratio	–	–	37.74
RONW (%)	14.53	45.55	17.11
NAV	13.17	24.48	15.73
ROCE (%)	10.23	27.70	16.27
EBITDA (%)	7.66	21.16	16.74
Debt/Equity	3.40	4.20	1.27

*Compiled by IPO Central from Prospectus

Innomet Advanced Materials IPO GMP Today

Innomet Advanced Materials IPO Subscription – Live Updates

Coming soon

The market maker reservation portion of shares is not included in the above calculations.

Innomet Advanced Materials IPO Allotment Status

Innomet Advanced Materials IPO allotment status will be available on Skyline Financial Services’ website. Click on this link to get allotment status.

Innomet Advanced Materials IPO Dates & Listing Performance

IPO Opening Date	11 September 2024
IPO Closing Date	13 September 2024
Finalization of Basis of Allotment	16 September 2024
Initiation of refunds	17 September 2024
Transfer of shares to demat accounts	17 September 2024
IPO Listing Date	18 September 2024
Opening Price on NSE SME	Coming soon
Closing Price on NSE SME	Coming soon

Innomet Advanced Materials Offer Lead Manager

EXPERT GLOBAL CONSULTANTS PRIVATE LIMITED
1511, RG Trade Tower Netaji Subhash Place,
Pitampura, New Delhi – 110 034
Phone: +91 11 4509 8234
Email: [email protected]
Website: www.expertglobal.in

Innomet Advanced Materials Offer Registrar

SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
A/506, Dattani Plaza, Andheri Kurla Road, Safeed Pool,
Andheri East, Mumbai – 400 072, Maharashtra, India
Phone: +91 22 2851 1022
Email: [email protected]
Website: www.skylinerta.com

INNOMET ADVANCED MATERIALS LIMITED
B-31, BHEL Ancillary Industrial Estate, Ramachandrapuram,
Medak, Hyderabad-502032, Telangana
Phone:+91 04023021726
E-mail: [email protected]
Website: www.innomet.net