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

Inox India Limited IPO (Inox India IPO) Details

Inox India Limited is an Engineering - Heavy Machinery based company, located in Vadodara, Inox India Limited IPO size was 1459.32 Cr. and was issued at 660.00 per share. The share of Inox India Limited were listed at 939.90 per share and are currently trading at 1033.45 per share.

Type :
Sub Sector : Cryogenic Equipments
MainBoard IPO

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

Revenue :
1160.00 Cr.

PAT :
206.68 Cr.

Pricing Report

Issue Price :
660.00

Listing Price :
939.90

Current Market Price :
1033.45

Issue Price vs CMP :
373.45 (56.58%)

listing Price vs CMP :
93.55 (9.95%)

Performance Report (CAGR* wise)

CAGR : 51.02
-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 Inox India

Company Information
Inox India Limited is a prominent manufacturer of cryogenic equipment and was one of the leading cryogenic tank manufacturers in the world by revenues in 2021. With over 30 years of experience in providing solutions across design, engineering, manufacturing, and installation for cryogenic conditions, their offerings include standard cryogenic tanks, equipment, beverage kegs, bespoke technology, and large turnkey projects. These solutions serve diverse industries such as industrial gases, LNG, green hydrogen, energy, steel, medical and healthcare, chemicals, fertilizers, aerospace, pharmaceuticals, and construction. The company was also the largest exporter of cryogenic tanks from India in terms of revenue in Fiscal 2022. As demand for cleaner fuels like LNG and hydrogen rises due to the global push to reduce carbon emissions, the company is well-positioned
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Object of Issue
  • Offer for Sale
  • Achieve the benefits of listing the Equity Shares on the Stock ExchangesFurther, the Company expects that the proposed listing of its Equity Shares will enhance the visibility and brand image as well as provide a public market for the Equity Shares in IndiaThe Selling Shareholders will be entitled to the entire Offer proceeds after deducting the Offer expenses and relevant taxes

Inox India MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Dec, 2023
IPO Size :
1459.32 Cr.
Market Cap :
5990.39 Cr.   
IPO Subscription :
61.28 X     
PE Multiple :
14.31
Merchant Banker :
Axis Capital Limited
IPO Registrar:
Kfin Technologies Limited

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See Other MainBoard IPOs in Vadodara

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Peer Companies Of This Sector

FAQs

Inox India operates in Engineering - Heavy Machinery and Cryogenic Equipments. The Issue is listed on MainBoard in Dec, 2023. Inox India IPO size was 1459.32 Cr. with Issue price of 660.00 .

Merchant Banker(s) of Inox India IPO: Axis Capital Limited , ICICI Securities Limited

Inox India IPO subscription was 61.28 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.

Inox India IPO listed at a listing price of 939.90 against the offer price of 660.00.

The current market price of Inox India is 1033.45.

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