Innomet Advanced Materials Ltd

Innomet Advanced Materials Ltd IPO

Innomet Advanced Materials Ltd IPO Price Range is ₹100 - 100, with a minimum investment of ₹1,20,000 for 1200 shares.

₹1,20,000

/ 1200 shares

Minimum Investment

View Innomet Advanced Materials Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹100 - 100

Open Date

2024-09-11

Close Date

2024-09-13

IPO Size

₹34.24 Cr

Lot Size

1200 shares

Min Investment

₹1,20,000

Listing Exchange

NSE

Innomet Advanced Materials Ltd IPO Application Timeline

passed
Open Date11 Sep 2024
passed
Close Date13 Sep 2024
passed
Allotment Date16 Sep 2024
passed
Listing Date18 Sep 2024

Strengths and Risks

Strengths

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.


Risks

Risks

  • The company has experienced negative cash flows in relation to its operating, investing and financingactivities in the last three financial years. Any negative cash flows in the future would adverselyaffect 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 couldadversely affect business prospects, results of operations and financial condition.

  • There are outstanding litigations involving the Company, Promoters and Directors which, ifdetermined adversely, may affect its business and financial condition.

  • The company requires a number of approvals, NOCs, licenses, registrations and permits in the ordinary course of its business. Some of the approvals are required to be obtained by it and any failure or delay in obtaining the same in a timely manner may adversely affect its operations.

  • The average cost of acquisition of Equity Shares by its Promoters may be lower than the IssuePrice.

  • The company has significant power requirements for continuous running of its factories. Any disruption to its operations on account of interruption in power supply or any irregular or significant hike in power tariffs may have an effect on its business, results of operations and financial condition.

  • The company does not have long-term agreements with its suppliers or customers and the loss of one or more of them or a reduction in their demand for its products could adversely affect its business, results of operations, financial condition and cash flows. Further, its inability to accurately forecast demand for the company products or manage its inventory or working capital requirements may have an adverse effect on its business, results of operations and financial condition.

  • The compzany has issued Equity Shares at prices that may be lower than the Issue Price in the last 12 months.

  • Its operations depends on the availability of timely and cost-efficient transportation and otherlogistic facilities and any prolonged disruption may adversely affect its business, results ofoperations, cash flows and financial conditions.

How to Apply for Innomet Advanced Materials Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Innomet Advanced Materials Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Innomet Advanced Materials Ltd

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).

Frequently Asked Questions of Innomet Advanced Materials Ltd IPO

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

The size of the Innomet Advanced Materials Ltd IPO is ₹34.24 Cr.

What is the allotment date of the Innomet Advanced Materials Ltd IPO?

Innomet Advanced Materials Ltd IPO allotment date is Sep 16, 2024 (tentative).

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

The Innomet Advanced Materials Ltd IPO will open on Sep 11, 2024 and close on Sep 13, 2024

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

The lot size for the Innomet Advanced Materials Ltd IPO is 1200.

When will my Innomet Advanced Materials Ltd IPO order be placed?

Your Innomet Advanced Materials Ltd IPO order will be placed on Sep 11, 2024

Can we invest in Innomet Advanced Materials Ltd IPO?

Yes, once Innomet Advanced Materials Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Innomet Advanced Materials Ltd IPO?

The potential listing gains on the Innomet Advanced Materials Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Innomet Advanced Materials Ltd IPO?

'Pre-apply' for Innomet Advanced Materials Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.