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Innomet Advanced Materials

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 Price₹190.00
Listing Gain+90.00%

IPO Schedule & Timeline

Fixed Price IPO
Open11 Sep 2024
Close13 Sep 2024
Allotment16 Sep 2024
Listing18 Sep 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail16,26,000 shares
47.5%
Other16,26,000 shares
47.5%
Market Maker1,71,600 shares
5.01%

Minimum Application Lots

Retail2 Lots (2,400 shares)
₹2,40,000
HNI3 Lots (3,600 shares)
₹3,60,000

Company Promoters

Lakshmi Kanthamma ChilakapatiSaritha Devi ChilakapatiVinay Choudhary Chilakapati

Company Background

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...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-24)₹2955.45 Cr
Growth+31.9%
Revenue Trend (₹ in Crores)
0.01.1k2.3k3.4kMar-22Mar-23Mar-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-242,955.45251.913,416.761,331.29
Mar-232,714.78321.551,213.681,209.50
Mar-222,240.3555.17974.01981.51

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-242.6521.37%16.27%37.7851.37
Mar-2311.15111.53%27.70%00
Mar-221.9119.13%10.23%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Skyline Financial Services Private Limited

Allotment Finalized
Allotment Date
16 Sep 2024
Official Status
Out / Finalized
Registrar
Skyline Financial Services Private Limited
Listing Date
18 Sep 2024

Official Allotment Verification Links

Official Registrar Portal
Skyline Financial Services Private Limited

Direct allotment verification on the official registrar portal appointed for Innomet Advanced Materials. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

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Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization16 Sep 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date18 Sep 2024Trading commences on exchange

How to Check Innomet Advanced Materials Allotment Online

1Open Portal

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2Select Company

Select Innomet Advanced Materials from the issue drop-down list.

3Enter Details

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4View Allocation

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Prospectus & Official Filings

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About Innomet Advanced Materials IPO

Complete issue overview for Innomet Advanced Materials (INNOMET) IPO. The issue features an equity share price band of ₹100 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,20,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions