Innomet Advanced Materials Ltd

Innomet Advanced Materials Ltd IPO

IPO Price Range: ₹100 - 100

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).

Min Investment

₹1,20,000

IPO Size

₹34 Cr

IPO Status

Closed

Quantity in 1 Lot

1200

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Innomet Advanced Materials Ltd

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

Key Statistics

Bid Opening DateBid Opening Date11 Sep 2024
Bid Closing DateBid Closing Date13 Sep 2024
Allotment DateAllotment Date16 Sep 2024
Issue SizeIssue Size₹34.24Cr
Quantity in 1 lotQuantity in 1 lot1200

Strength and risks

Strength

Strength

  • 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

Risk

  • 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.

Promoters Holding

Investors Holdings %
Lakshmi Kanthamma Chilakapati34.21%
Saritha Devi Chilakapti34.77%
Vinay Chowdhary Chilakapati5.53%

About Innomet Advanced Materials Ltd

OrganisationInnomet Advanced Materials Ltd
HeadquartersHyderabad
IndustryMining & Mineral products

Frequently Asked Questions

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

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

  • 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.

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

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

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

    The open and close dates of the Innomet Advanced Materials Ltd IPO are 11 Sep 2024 to 13 Sep 2024.

  • What is the lot size and minimum order quantity of the Innomet Advanced Materials Ltd IPO?

    The lot size and minimum order quantity of the Innomet Advanced Materials Ltd IPO are 1200 and 1200 respectively.

  • 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.