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Innomet Advanced Materials SME IPO Details, Financials, Valuation & Peers
By IPOBase •Last Updated on
Get everything you need to know about the Innomet Advanced Materials IPO. Explore Innomet Advanced Materials IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Status
Listed
Biding Dates
11 Sep - 13 Sep 2024
Price Range
₹100
Issue Size
₹34.24 crore
Listed Price
₹19090.00%
Overview
Innomet Advanced Materials Limited, formerly Padmasree Enterprises, specializes in powder metallurgy, focusing on producing metal powders and tungsten heavy alloys (THA). Established as a partnership firm in 1984, it has evolved from general engineering into a diversified business, manufacturing diamond tools and, through backward integration, began producing ferrous and non-ferrous metal powders, alloys and THA. The company operates two main divisions: Innomet Powders, which produces and supplies a wide range of metal and alloy powders, and Innotung, which focuses on manufacturing tungsten heavy alloys for defense, aerospace, and other specialized industries. Innomet serves both domestic and international clients, with a presence in countries such as the US, UK, Germany, Japan, and New Zealand.
Key Points:
- Manufacturing: Innomet specializes in metal powders and tungsten heavy alloys, catering to industries such as powder metallurgy, defense, aerospace, and diamond tools.
- Strong R&D Focus: Innomet collaborates with leading scientists and research organizations to continuously develop cutting-edge products.
- Innotung Brand: The company’s tungsten heavy alloys, under the Innotung brand, are used in defense, aerospace and radiation shielding applications.
- Expanding Market: The company is well-positioned to tap into the growing powder metallurgy market, both domestically and internationally.
Objects of the Issue
- Funding working capital requirements of the Company
- Funding of capital expenditure requirements of the Company towards purchase of machinery and equipment
- Repayment or prepayment, in full 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
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 11 Sep - 13 Sep 2024 |
| IPO Price Band | ₹100 per share |
| Fresh Issue | 34,23,600 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹34.24 crore |
| Face Value | ₹10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 11 Sep 2024 |
| IPO Closing Date | 13 Sep 2024 |
| Basis Of Allotment | 16 Sep 2024 |
| Refunds | 17 Sep 2024 |
| Demat Transfer | 17 Sep 2024 |
| IPO Listing Date | 18 Sep 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| Total Income | 12.52 | 22.40 | 27.15 | 29.55 |
| Total Expenses | 12.32 | 21.85 | 22.79 | 26.29 |
| Net Profit/Loss | 0.20 | 0.55 | 3.22 | 2.52 |
| NPM (*) | 1.61 | 2.46 | 11.85 | 13.28 |
| Total Assets | 12.41 | 15.89 | 22.57 | 34.17 |
| Total Liabilities | 10.10 | 12.09 | 15.51 | 19.45 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| EPS | 1.07 | 1.91 | 11.15 | 2.65 |
| ROE (%) | 10.68 | 19.13 | 111.53 | 21.37 |
| ROCE (%) | 8.98 | 10.23 | 27.70 | 16.27 |
| D/E Ratio | 4.18 | 3.26 | 4.20 | 1.27 |
| Current Ratio | 1.43 | 1.48 | 1.71 | 1.24 |
| EBITDA MARGIN (%) | 9.68 | 7.66 | 21.16 | 16.74 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
No listed peers available for comparison.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 367.77 |
| Retail Individual Investor (RII) | 226.97 |
| Total | 323.92 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Skyline Financial Services Private Limited
Phone: 011-40450193-197
Email: ipo@skylinerta.com
Website: www.skylinerta.com
Company Promoters
- LAKSHMI KANTHAMMA CHILAKAPATI
- SARITHA DEVI CHILAKAPATI
- VINAY CHOUDHARY CHILAKAPATI
Lead Managers
- EXPERT GLOBAL CONSULTANTS PRIVATE LIMITED
Company Address
Innomet Advanced Materials Limited
B-31, BHEL Ancillary Industrial Estate, Ramachandrapuram, Medak, Hyderabad502032, Telangana, India
Phone: +91 04023021726
Email: cs@innomet.net
Website: www.innomet.net
FAQs
- What is the issue size of the Innomet Advanced Materials SME IPO?The Innomet Advanced Materials SME IPO has an issue size of ₹34.24 crore. This includes a fresh issue of 34,23,600 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Innomet Advanced Materials IPO?The price band for the Innomet Advanced Materials IPO is ₹100 per share.
- What are the bidding dates for the Innomet Advanced Materials IPO?The Innomet Advanced Materials IPO will open for bidding on 11 Sep 2024 and close on 13 Sep 2024.
- What is the allotment date for the Innomet Advanced Materials IPO?The allotment date for the Innomet Advanced Materials IPO is 16 Sep 2024.
- What is the listing date for the Innomet Advanced Materials IPO?The listing date for the Innomet Advanced Materials IPO is 18 Sep 2024.
- What is the Innomet Advanced Materials IPO grey market premium?The grey market premium (GMP) for the Innomet Advanced Materials IPO is currently at ₹95, with an expected listing gain of approximately 95%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.