Innomet Advanced Materials Limited IPO
The company specializes in the manufacture of “METAL POWDERS & TUNGSTEN HEAVY ALLOYS,” which falls under the field of “Powder Metallurgy.” Innomet has developed the necessary infrastructure to support the production of these materials and maintains a strong focus on technological advancements. To stay at the forefront of industry developments, Innomet collaborates with leading scientists globally and with renowned research organizations in India. These partnerships enable continuous development of various powder metallurgy products.
Innomet also conducts in-house research and experimentation to create products tailored to the specific needs of end-users. The company is ISO 9001:2015 certified, ensuring compliance with quality management standards in the manufacturing and supply of ferrous and non-ferrous metal/alloy powders and Tungsten Heavy Alloy components.
Innomet operates through two main divisions, each with its own brand identity:
i. Innomet Powders: Focused on the production of metal powders.
ii. Innotung: Specializing in Tungsten Heavy Alloys.
This diversified expertise and focus on innovation have positioned Innomet as a leader in the powder metallurgy industry.
Objects of the Innomet Advanced Materials Limited IPO:
Innomet Advanced Materials Limited IPO Details:
Open Date: | Sep 11 2024 |
Close Date: | Sep 13 2024 |
Total Shares: | 3,423,600 |
Face Value: | ₹ 10 Per Equity Share |
Issue Size: | 34.24 Cr. |
Lot Size: | 1200 Shares |
Issue Price: | ₹ 100 Per Equity Share |
Listing At: | NSE Emerge |
Listing Date: | Sep 18 2024 |
Promoters And Management:
Financials of Innomet Advanced Materials Limited IPO:
Particulars ( In Lakhs ) |
2021 |
2022 |
2023 |
2024 |
Revenue from Operations | 1,244 | 2,238 | 2,713 | 2,899 |
Other Income | 9 | 2 | 2 | 56 |
Total Revenue | 1,252 | 2,240 | 2,715 | 2,955 |
Cost of material Consumed | 794 | 1,633 | 1,486 | 1,582 |
Changes in Inventories | 0 | -67 | -166 | -129 |
Employees Benefit Expenses | 104 | 148 | 121 | 177 |
Other Expenses | 233 | 354 | 699 | 830 |
EBITDA | 121 | 172 | 574 | 495 |
OPM (%) | 9.68% | 7.66% | 21.16% | 16.74% |
Depreciation & Amortisation | 30 | 32 | 44 | 39 |
EBIT | 91 | 139 | 531 | 456 |
Finance Cost | 71 | 84 | 95 | 130 |
PBT | 20 | 55 | 436 | 326 |
Tax | 0 | 0 | 114 | 74 |
PAT | 20 | 55 | 322 | 252 |
NPM (%) | 1.61% | 2.46% | 11.84% | 8.52% |
No.of Shares | 129.40 | 129.40 | 129.40 | 129.40 |
EPS | 0.15 | 0.42 | 2.48 | 1.94 |
Comparison With Peers:
Recommendation on Innomet Advanced Materials Limited IPO:
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Registrar of Innomet Advanced Materials Limited IPO:
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