IPO Trending
INNOMETSME / NSEListed

Innomet Advanced Materials Limited

Innomet Advanced Materials Limited, established in 1984, is a leading manufacturer of metal powders and tungsten heavy alloys, operating through its two key divisions—Innomet Powders and Innotung. The Innomet Powders division produces a wide range of metal powders including copper, bronze, brass, nickel, tin, and stainless steel, offering custom formulations to meet diverse industrial requirements, while the Innotung division manufactures high-density tungsten heavy alloys used in high-performance applications. With ISO 9001:2015 certification, the company ensures strong quality management across its ferrous and non-ferrous powder products and tungsten alloy components. Innomet serves customers globally across India, the US, UK, Germany, Japan and other regions, and employed 56 people as of March 31, 2024.

₹100 - ₹100297.45x sub
Listed Price190.00
Listing Gain+90.00%
TimelineFixed Price IPO
Open11 Sep 2024
Close13 Sep 2024
Allotment16 Sep 2024
Listing18 Sep 2024

Quota Reservation Portions

RetailPortion: 16,26,000 shares
47.5%
OtherPortion: 16,26,000 shares
47.5%
Market MakerPortion: 1,71,600 shares
5.01%

Minimum Application Bracket Matrix

Retail2 lots / 2,400 shares
₹2,40,000
HNI3 lots / 3,600 shares
₹3,60,000

About the Company

Innomet Advanced Materials Limited, established in 1984, is a leading manufacturer of metal powders and tungsten heavy alloys, operating through its two key divisions—Innomet Powders and Innotung. The Innomet Powders division produces a wide range of metal powders including copper, bronze, brass, nickel, tin, and stainless steel, offering custom formulations to meet diverse industrial requirements, while the Innotung division manufactures high-density tungsten heavy alloys used in high-performance applications. With ISO 9001:2015 certification, the company ensures strong quality management across its ferrous and non-ferrous powder products and tungsten alloy components. Innomet serves customers globally across India, the US, UK, Germany, Japan and other regions, and employed 56 people as of March 31, 2024.

Company Promoters

Lakshmi Kanthamma ChilakapatiSaritha Devi ChilakapatiVinay Choudhary Chilakapati