247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Innomet Advanced Materials Limited IPO (Innomet Advanced Materials IPO) Details

Innomet Advanced Materials Limited is an Metal based company, located in Hyderabad, Innomet Advanced Materials Limited IPO size was 34.24 Cr. and was issued at 100.00 per share. The share of Innomet Advanced Materials Limited were listed at 190.00 per share and are currently trading at 170.00 per share.

Type :
Sub Sector : Manufactures Metal Powders And Tungsten Heavy Alloys
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
29.55 Cr.

PAT :
2.52 Cr.

Pricing Report

Issue Price :
100.00

Listing Price :
190.00

Current Market Price :
170.00

Issue Price vs CMP :
70 (70.00%)

listing Price vs CMP :
20 (10.53%)

Performance Report (CAGR* wise)

CAGR : 370.88
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Innomet Advanced Materials

Company Information
M/s Padmasree Enterprises, originally incorporated as a partnership firm in 1984, was a family-run business that started as a General Engineering firm. In 2019, the company was converted into a Private Limited Company under the name M/s Innomet Advanced Materials Private Limited (Innomet). The next generation took over and diversified the business, first into the manufacture of Diamond Tools and later through backward integration, into the production of Metal Powders (Ferrous, Non-Ferrous, and their Alloys). With a focus on R&D, the company expanded its offerings to include Tungsten Heavy Alloys (THA). The promoters bring vast experience in General Engineering, Diamond Tools, Metal/Alloy Powders, and Tungsten Heavy Alloys. The manufacture of Metal Powders and Tungsten Heavy Alloys falls under the category of Powder Metallurgy. The company
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Object of Issue
  • Funding working capital requirements of the Company
  • Funding of capital expenditure requirements of the company towards the purchase of machinery and equipment
  • Repayment or prepayment, in whole or in part, of all or a portion of certain outstanding borrowings availed by the company, from banks and financial institutions
  • General Corporate Purposes
  • Issue Expenses

Innomet Advanced Materials SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Sep, 2024
IPO Size :
34.24 Cr.
Market Cap :
129.40 Cr.   
IPO Subscription :
323.92 X     
PE Multiple :
51.37
IPO Registrar:
Skyline Financial Services Private Limited
Anchor Investors:

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FAQs

Innomet Advanced Materials operates in Metal and Manufactures Metal Powders And Tungsten Heavy Alloys. The Issue is listed on NSE EMERGE in Sep, 2024. Innomet Advanced Materials IPO size was 34.24 Cr. with Issue price of 100.00 .

Innomet Advanced Materials IPO subscription was 323.92 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Innomet Advanced Materials IPO listed at a listing price of 190.00 against the offer price of 100.00.

The current market price of Innomet Advanced Materials is 170.00.

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