58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Innomet Advanced Materials Limited IPO (Innomet Advanced Materials IPO) Detail

Innomet Advanced Materials IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Hyderabad and caters to Metal sector. Expert Global Consultants Private is the merchant banker of Innomet Advanced Materials IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 15th February 2024.

Innomet Advanced Materials IPO open date is 11th September 2024 and close date is 13th September 2024. IPO Allotment Date is 16th September 2024 and Listing date is 18th September 2024.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Fixed Price

Innomet Advanced Materials IPO Date

Date of DRHP:
15th February 2024
IPO Allotment Date:
16th September 2024
IPO Open Date:
11th September 2024
Initiation of Refund:
17th September 2024
IPO Closing Date:
13th September 2024
IPO Listing Date:
18th September 2024

Innomet Advanced IPO Info, Size, Subscription

Innomet Advanced Materials IPO size is Rs 34.24 Cr. crores with IPO price of Rs 100.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 34.24 Cr.

Issue Price:
₹ 100.00

Market Capitalisation :
₹ 129.40 Cr.

PE multiple :
51.37

Subscription :
323.92 times

Pre Issue Promoter Holding :
74.52 %

Post Issue Promoter Holding :
54.80%

Innomet Advanced Materials IPO Information

Sub Sector : manufactures Metal Powders and Tungsten Heavy Alloys
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 (Innomet Advanced IPO Objectives)

  • 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

Expert Global Consultants Private Limited is the book-running lead manager of the Innomet Advanced Materials IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is Prabhat Financial Services Limited for Innomet Advanced Materials IPO.

Innomet Advanced IPO Market Maker

Prabhat Financial Services Limited

Innomet Advanced IPO Registrar (RTA)

Skyline Financial Services Private Limited

Innomet Advanced IPO Lead Manager (BRLM)

Expert Global Consultants Private Limited

Innomet Advanced Materials IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Innomet Advanced Materials IPO?

Innomet Advanced Materials IPO, based in Hyderabad, operates in the   Metal sector with a focus on manufactures Metal Powders and Tungsten Heavy Alloys. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Innomet Advanced Materials IPO size is ₹ 34.24 Cr. Crores with fresh issue size of Rs 34.24 Cr. Crores and Offer for sale being Nil.

When is Innomet Advanced IPO allotment?

The IPO allotment date for Innomet Advanced Materials IPO is expected to be 16th September 2024, after the finalization of basis of allotment. Investors can check Innomet Advanced Materials IPO allotment status on the registrars website, Skyline Financial Services Private Limited. Innomet Advanced Materials IPO refund dates are 17th September 2024.

When is Innomet Advanced Materials IPO listing date?

Innomet Advanced Materials IPO is expected to be listed on 18th September 2024.

What is the price band for Innomet Advanced IPO?

The upper price band for the Innomet Advanced Materials IPO is set at ₹ 100.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Innomet Advanced Materials IPO Review?

For IPO analysis on Innomet Advanced Materials IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Innomet Advanced Materials IPO?

To apply for the Innomet Advanced Materials IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 13th September 2024. After submission, funds are blocked until the basis of allotment of Innomet Advanced Materials IPO is finalised.

Who is the merchant banker of Innomet Advanced IPO?

The merchant banker for Innomet Advanced Materials IPO is Expert Global Consultants Private Limited . Expert Global Consultants Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Innomet Advanced Materials IPO RHP for further details.

Who is the Registrar of Innomet Advanced Materials IPO?

The registrar for Innomet Advanced Materials IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Innomet Advanced Materials IPO through their official website or helpline.

What is the Innomet Advanced Materials IPO subscription?

Innomet Advanced Materials IPO was subscribed 323.92 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 34.24 Cr. Avg IPO Size (Sector Based) : ₹ 23.14 Cr.
  • Sector: Metal SME IPO so far: 12
  • Merchant Banker: Expert Global SME IPO by BRLM so far: 47
  • City: Hyderabad SME IPO so far: 23
  • Revenue (annualised): ₹ 0.30 cr.
            PAT: (annualised): ₹ 0.03 cr.
  • PE Ratio: 51.37x Average Sector PE Ratio: 20.67x
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FAQs

Innomet Advanced Materials IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Innomet Advanced Materials Financial Review Page

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 124.00.

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