Innomet Advanced Materials Limited
Innomet Advanced Materials IPO bidding started from Sep 11, 2024 and ended on Sep 13, 2024. The allotment for Innomet Advanced Materials IPO was finalized on Sep 16, 2024. The shares got listed on NSE on Sep 18, 2024.
Innomet Advanced Materials IPO price band is set at ₹0 to ₹100 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹0.
Refer to Innomet Advanced Materials IPO RHP for detailed information.
IPO date
Sep 11,2024 - Sep 13,2024
Listing Date
Sep 18,2024
Face value
₹10
Price Band
0₹100 per share
Lot
₹1200 Shares
Total Issue Size
34.24 Lakh (34,23,600)
aggregating up to ₹34.24 Cr (34,23,60,000)
Fresh Issue
34.24 Lakh (34,23,600)
aggregating up to ₹34.24 Cr (34,23,60,000)
Issue Type
Fixed Price
IPO Type
Listing At
NSE
Wed, Sep 11, 2024
IPO Open
Fri, Sep 13, 2024
IPO Close
Mon, Sep 16, 2024
Basis of Allotment
Tue, Sep 17, 2024
Initiation of Refunds
Tue, Sep 17, 2024
Credit of Shares to Demat
Wed, Sep 18, 2024
Listing
Innomet Advanced Materials IPO last GMP is ₹110, last updated Sep 17,2024. With the price band of 100.00, Innomet Advanced Materials IPO's estimated listing price is ₹210 (cap price + today's GMP).The expected percentage gain/loss per share is 110.00%.
Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
---|---|---|---|---|
17-Sep-24 | 100.00 | 110 | 210(110.00%) | 17-Sep-2024 15:57 |
16-Sep-24 | 100.00 | 110 | 210(110.00%) | 16-Sep-2024 23:31 |
15-Sep-24 | 100.00 | 95 | 195(95.00%) | 15-Sep-2024 23:28 |
14-Sep-24 | 100.00 | 95 | 195(95.00%) | 14-Sep-2024 23:23 |
13-Sep-24 | 100.00 | 95 | 195(95.00%) | 13-Sep-2024 23:23 |
12-Sep-24 | 100.00 | 95 | 195(95.00%) | 12-Sep-2024 23:25 |
11-Sep-24 | 100.00 | 70 | 170(70.00%) | 11-Sep-2024 23:23 |
10-Sep-24 | 100.00 | 0 | 100(0.00%) | 10-Sep-2024 23:30 |
09-Sep-24 | 100.00 | 0 | 100(0.00%) | 9-Sep-2024 23:27 |
08-Sep-24 | 100.00 | 0 | 100(0.00%) | 8-Sep-2024 23:24 |
07-Sep-24 | 100.00 | 0 | 100(0.00%) | 7-Sep-2024 23:29 |
06-Sep-24 | 100.00 | 0 | 100(0.00%) | 6-Sep-2024 23:24 |
05-Sep-24 | 100.00 | 0 | 100(0.00%) | 5-Sep-2024 23:31 |
04-Sep-24 | 100.00 | 0 | 100(0.00%) | 4-Sep-2024 23:26 |
Application | Lots | Shares | Amount |
---|---|---|---|
Retail(Min) | 1 | 1,200 | ₹1.20 Lakh (1,20,000) |
Retail(Max) | 1 | 1,200 | ₹1.20 Lakh (1,20,000) |
HNI(Min) | 2 | 2,400 | ₹2.40 Lakh (2,40,000) |
Investor Category | Shares Offered |
---|---|
Offered to RII | 16.26 Lakh (16,26,000) |
Offered to Others | 16.26 Lakh (16,26,000) |
Incorporated in 1984, Innomet Advanced Materials Limited manufactures Metal Powders and Tungsten Heavy Alloys.
The company has two divisions.
Innomet complies with the Quality Management System Standard: ISO 9001:2015 for the manufacturing and supply of Ferrous & Non-Ferrous Metal/Alloy Powders and Tungsten Heavy Alloy components.
The company offers a diverse range of over 20 products, including copper, bronze, brass, nickel, tin, and stainless-steel powders for various industries. They specialize in producing custom grades of metal and alloy powders containing iron, copper, nickel, tin, zinc, and cobalt.
The company has supplied its products in India as well as in US, UK, Germany, Netherlands, Japan, Italy, New Zealand, Lebanon and Brunei.
As of March 31, 2024, the company has 56 employees in various departments.
Innomet Advanced Materials Limited
B-31, BHEL Ancillary Industrial Estate,
Ramachandrapuram
Medak, Hyderabad-502032
Phone: +91 04023021726
Email: [email protected]
Website: https://www.innomet.net/
The promoters of the company are Lakshmi Kanthamma Chilakapati, Saritha Devi Chilakapati and Vinay Choudhary Chilakapati.