Innomet Advanced Materials Ltd. IPO: Key Details

Manufacture of “METAL POWDERS & TUNGSTEN HEAVY ALLOYS” comes under the gamut of“POWDER METALLURGY”. The Company has all the necessary infrastructure for the developmentand manufacture of Metal Powders and Tungsten Heavy Alloys. To update ourselves technologically,the Company associates with the senior most scientists in the world and with renowned ResearchOrganisations in India for continuous development of various Powder Metallurgy (PM) products. TheCompany has also started/conducted in-house experiments to develop products required by the endusers. Innomet has been found to be in conformity with the Quality Management System Standard: ISO9001:2015 with a scope of manufacturing and supply of Ferrous & Non-Ferrous Metal/Alloy Powdersand Tungsten Heavy Alloy components.

Innomet Advanced Materials Ltd. IPO Details

IPO Date September 11, 2024 to September 13, 2024
Listing Date September 18 2024
Face Value ₹10 per share
Price Band ₹100 per share
Lot Size 1200 Shares
Total Issue Size 3423600 Shares
Issue Type Fixed Price
Listing At NSE 
Share holding pre issue 8591338
Share holding post issue 7091338

Innomet Advanced Materials Ltd. IPO Promoter Holding

The promoter of the company is Lakshmi Kanthamma Chilakapati, Saritha Devi Chilakapati,

Share Holding Pre Issue 90.28%
Share Holding Post Issue 54.8%

Innomet Advanced Materials Ltd. IPO Objectives

b) Funding of capital expenditure requirements of our Company towards purchase of machinery andequipment;c) Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowingsavailed by our Company, from banks and financial institutions;d) General corporate purposes; ande) Issue Expenses

Innomet Advanced Materials Ltd. IPO Prospectus

Innomet Advanced Materials Ltd. Lead Managers

  • Expert Global Consultants Pvt Ltd.

Innomet Advanced Materials Ltd. IPO Contact Information

  • Aanchal Sethia
  • Phone: +91 04023021726
  • Email: CS@innomet.net

Innomet Advanced Materials Ltd. IPO Registrar

  • Name: Skyline Financial Services Pvt Ltd
  • Phone: +
  • Email: Mumbai@skylinerta.com