Innomet Advanced Materials Limited (NSE SME)
Sep 11, 2024 - Sep 13, 2024
| Price | ₹100 - ₹100 |
| Premium | ₹95 |
|---|---|
| Lot size | 1200 |
| Allotment | Sep 16, 2024 |
| Listing | Sep 18, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1200 | 120000 | 1355 |
| HNI | 2 | 2400 | 240000 | 1355 |
Last updated on 13-Sep-2024 18:54:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| NIB | 1626000 | 598188000 | 367.89 |
| RETAIL | 1626000 | 369128400 | 227.02 |
| Total | 3252000 | 967316400 | 297.45 |
| Retail Apps | 307607 | © IPO Premium | |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹49.39 | @8% ₹56.44 | @9% ₹63.5 | @10% ₹70.55 | @11% ₹77.61 | @12% ₹84.67 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 47.5% | 1626000 |
| Other | 47.5% | 1626000 |
| Market Maker | 5.01% | 171600 |
| Total No. of Shares | 100.0% | 3423600 |
IPO Details
| Total Issue Size | 3,423,600 shares (aggregating up to 34.24 Cr) |
| Fresh Issue | 3,423,600 shares (aggregating up to 34.24 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 95,16,538 |
| Share holding post issue | 1,29,40,138 |
| Market Maker portion | 171,600 shares Prabhat Financial Services |
Key Performance Indicators
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 21.37% | 111.53% | 19.13% |
| ROCE | 16.27% | 27.70% | 10.23% |
| RONW | 17.11% | 45.55% | 14.53% |
| D/E | 1.27 | 4.19 | 3.26 |
| EPS (Diluted) | 2.65 | 11.15 | 1.91 |
| P/E Pre IPO | 37.78 | ||
| P/E Post IPO | 51.37 |
Financial Statement (Restated)
| Period Ended | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| Assets | 3,416.76 | 1,213.68 | 974.01 |
| Revenue | 2,955.45 | 2,714.78 | 2,240.35 |
| Profit After Tax | 251.91 | 321.55 | 55.17 |
| Net Worth | 1,472 | 705.94 | 379.78 |
| Reserves and Surplus | 520.35 | 417.62 | 91.46 |
| Total Borrowing | 1,331.29 | 1,209.50 | 981.51 |
| Amount in Lakhs | |||
About Company
Innomet Advanced Materials Limited, established in 1984, is a leading manufacturer of Metal Powders and Tungsten Heavy Alloys, operating through two primary divisions. The Innomet Powders division offers a broad range of metal powders such as copper, bronze, brass, nickel, tin, and stainless steel, catering to various industrial needs with custom formulations. The Innotung division specializes in Tungsten Heavy Alloys, known for their density and strength in high-performance applications. Innomet adheres to the ISO 9001:2015 Quality Management System, ensuring excellence in manufacturing and supply of both ferrous and non-ferrous metal powders and tungsten alloy components. The company’s products are available globally, reaching markets in India, the US, UK, Germany, Japan, and beyond. As of March 31, 2024, Innomet employs 56 individuals, emphasizing its commitment to quality and operational excellence.
Experienced Leadership: A skilled management team with expertise in scaling and exploring new opportunities.
Technical Excellence: A dedicated team providing tailored solutions to meet customer needs.
Complex Project Expertise: Proven track record in managing large and complex projects effectively.
Negative Cash Flows: Continued negative cash flows in operating, investing, or financing activities could harm financial stability and operations.
Limited Leadership Interests: Directors, promoters, and senior management have no significant vested interests beyond basic remuneration, which may limit their long-term commitment.
Employee Risks: Potential misconduct, errors, or fraud by employees could result in operational and financial losses.
Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/ipo.php