Manufacture of “METAL POWDERS & TUNGSTEN HEAVY ALLOYS” comes under the gamut of “POWDER METALLURGY”. The Company has all the necessary infrastructure for the development and manufacture of Metal Powders and Tungsten Heavy Alloys. To update itselves technologically, the Company associates with the senior most scientists in the world and with renowned Research Organisations in India for continuous development of various Powder Metallurgy (PM) products. The Company has also started/conducted in-house experiments to develop products required by the end users. Innomet has been found to be in conformity with the Quality Management System Standard: ISO 9001:2015 with a scope of manufacturing and supply of Ferrous & Non-Ferrous Metal/Alloy Powders and Tungsten Heavy Alloy components
Get more information about the company @ https://www.innomet.net/
Innomet Advance IPO Details
|
| IPO opens on |
11 September 2024 |
| IPO closes on |
13 September 2024 |
| Issue Type |
Book Built Issue IPO |
| Issue Size |
3423600 Shares /
Rs 34.24 Crore |
| * Fresh Issue |
3423600 Shares /
Rs 34.24 Crore |
| * Offer for Sale – |
– shares /
Rs. – crore |
| Market Maker Portion |
171600 Shares |
| Net offer to Public |
3252000 Shares/
Rs.32.52 Crore |
| Face Value per share |
Rs. 10 |
| Price Band |
Rs.100 |
| Employee discount |
Rs. 0 per share |
| Retail Lot Size |
1200 Shares |
| Listing will at |
NSE SME |
Shares offered in IPO
|
| |
Shares |
Rs. (Crore) |
| QIB (0%) |
– |
– |
| NII (50%) |
1626000 |
16.26 |
| RII (50%) |
1626000 |
16.26 |
| Total Shares |
1328000 |
32.52 |
| Retail portion will be oversubscribed by |
1355 |
| Forms |
| How much Shares to Apply in this IPO? |
| Min Retail Application |
1200 Shares |
Rs.120000 |
| Min HNI Application |
2400 Shares |
Rs.240000 |
Who are the Promoters of Excellent Wires IPO?
The promoters of the company are Lakshmi Kanthamma Chilakapati, Saritha Devi Chilakapati and Vinay Choudhary Chilakapati.
What are the Objects of Excellent Wires IPO?
The Offer comprises of fresh issue of shares.
The Company proposes to utilize the funds which are being raised through this Issue (“Net Proceeds”) towards the following object:
- 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; and Issue Expenses
Registered Office of the Company
Innomet Advanced Materials Limited
B-31, BHEL Ancillary Industrial Estate,
Ramachandrapuram
Medak, Hyderabad-502032
|
Who is the Lead Manager of this IPO?
Expert Global Consultants Private Limited
|
|
Who is the Registrar to IPO?
Skyline Financial Services Pvt Limited
|
Excellent Wires IPO GMP grey market premium, review, Subscription, allotment, listing estimate
Excellent Wires IPO Financial & Analytical Ratios
|
| Year |
Total
Income |
Net
Profit |
EPS |
RoNW |
| |
Rs.in Crore |
Rs.in Crore |
Rs. |
% |
| 2021-22 |
22.40 |
0.55 |
|
|
| 2022-23 |
27.15 |
3.21 |
|
|
| 2023-24 |
29.55 |
2.51 |
2.65 |
|
Book Value of the
Share on 31.03.2024 |
Rs |
|
|
|
BV of the Share at
cap price after IPO |
Rs. |
|
|
|
| Offer Price/upper band |
Rs. |
100 |
|
|
IPO
Key Performance indicators
|
| Price/EPS of 23-24 |
37.78 |
| Price/BV Ratio |
|
| Price/BV after IPO |
|
How Innomet Advance IPO compares with the Peers?
There are no industry peers in the listed category.
| As on date of RHP |
FV |
Total |
PE |
| |
Rs. |
Income |
Ratio of |
| |
|
Rs. In Crore |
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Innomet Advanced IPO Review
Size: Net size of the IPO is Rs.32.52 crore, comprising of 3252000 shares. The size of the IPO is not very small and because of large number of IPOs opening this week, huge oversubscription may not be possible.
Financial Snapshot: The company has good trend in its topline whereas bottomline has sharply moved up in the year prior to the IPO. The share are offered at somewhat higher valuation of 37.78 PE. and yet looking to the investors frenzy seen at present, positive listing is not ruled out.
+ from fundamental angle: May Apply
+ from grey market angle: ?
Quicklinks
Innomet Advanced IPO GMP today allotment, review?
Innomet Advanced IPO GMP grey market premium
Innomet Advance IPO FAQs
What is Innomet Advance IPO?
This is a SME IPO of 3423600 equity shares of the face value of Rs. 10 aggregating up to Rs.34.24 Crores. The issue is priced at Rs.100 per share. The minimum order quantity is 1200 Shares.
When will Innomet Advance IPO subscription open?
Innomet Advance IPO opens on September 11, 2024, and closes on September 13, 2024.
What is the lot size of Innomet Advance IPO?
Innomet Advance IPO lot size is 1200 Shares, and the minimum amount required is Rs.120000
How to apply for Innomet Advance IPO?
You can apply in Innomet Advance IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Excellent Wires IPO allotment?
The finalization of Basis of Allotment for Innomet Advance IPO will be done on September 16, 2024, and the allotted shares will be credited to your demat account by September 17, 2024.
When is Innomet Advance IPO listing date?
Innomet Advance IPO listing date is September 18, 2024.
Subscription status of Innomet Advanced IPO
Innomet Advanced Materials IPO (Closed)
Price Rs. 100 Lot 1200 shares, Rs. 34.24 Crore
|
| QIB |
NII x |
RII x |
Total x |
Applications |
| |
367.77 |
226.97 |
323.92 |
3,07,543 (226.97x) |
| Amount wise bids recd. Rs. ? Crore |
| Note: |
What is the business of Innomet Advance?
Manufacture of “METAL POWDERS & TUNGSTEN HEAVY ALLOYS” comes under the gamut of “POWDER METALLURGY”. The Company has all the necessary infrastructure for the development and manufacture of Metal Powders and Tungsten Heavy Alloys. To update itselves technologically, the Company associates with the senior most scientists in the world and with renowned Research Organisations in India for continuous development of various Powder Metallurgy (PM) products. The Company has also started/conducted in-house experiments to develop products required by the end users. Innomet has been found to be in conformity with the Quality Management System Standard: ISO 9001:2015 with a scope of manufacturing and supply of Ferrous & Non-Ferrous Metal/Alloy Powders and Tungsten Heavy Alloy components
Get more information about the company @ https://www.innomet.net/
Innomet Advance IPO Details
|
| IPO opens on |
11 September 2024 |
| IPO closes on |
13 September 2024 |
| Issue Type |
Book Built Issue IPO |
| Issue Size |
3423600 Shares /
Rs 34.24 Crore |
| * Fresh Issue |
3423600 Shares /
Rs 34.24 Crore |
| * Offer for Sale – |
– shares /
Rs. – crore |
| Market Maker Portion |
171600 Shares |
| Net offer to Public |
3252000 Shares/
Rs.32.52 Crore |
| Face Value per share |
Rs. 10 |
| Price Band |
Rs.100 |
| Employee discount |
Rs. 0 per share |
| Retail Lot Size |
1200 Shares |
| Listing will at |
NSE SME |
Shares offered in IPO
|
| |
Shares |
Rs. (Crore) |
| QIB (0%) |
– |
– |
| NII (50%) |
1626000 |
16.26 |
| RII (50%) |
1626000 |
16.26 |
| Total Shares |
1328000 |
32.52 |
| Retail portion will be oversubscribed by |
1355 |
| Forms |
| How much Shares to Apply in this IPO? |
| Min Retail Application |
1200 Shares |
Rs.120000 |
| Min HNI Application |
2400 Shares |
Rs.240000 |
Who are the Promoters of Excellent Wires IPO?
The promoters of the company are Lakshmi Kanthamma Chilakapati, Saritha Devi Chilakapati and Vinay Choudhary Chilakapati.
What are the Objects of Excellent Wires IPO?
The Offer comprises of fresh issue of shares.
The Company proposes to utilize the funds which are being raised through this Issue (“Net Proceeds”) towards the following object:
- 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; and Issue Expenses
Registered Office of the Company
Innomet Advanced Materials Limited
B-31, BHEL Ancillary Industrial Estate,
Ramachandrapuram
Medak, Hyderabad-502032
|
Who is the Lead Manager of this IPO?
Expert Global Consultants Private Limited
|
|
Who is the Registrar to IPO?
Skyline Financial Services Pvt Limited
|
Excellent Wires IPO GMP grey market premium, review, Subscription, allotment, listing estimate
Excellent Wires IPO Financial & Analytical Ratios
|
| Year |
Total
Income |
Net
Profit |
EPS |
RoNW |
| |
Rs.in Crore |
Rs.in Crore |
Rs. |
% |
| 2021-22 |
22.40 |
0.55 |
|
|
| 2022-23 |
27.15 |
3.21 |
|
|
| 2023-24 |
29.55 |
2.51 |
2.65 |
|
Book Value of the
Share on 31.03.2024 |
Rs |
|
|
|
BV of the Share at
cap price after IPO |
Rs. |
|
|
|
| Offer Price/upper band |
Rs. |
100 |
|
|
IPO
Key Performance indicators
|
| Price/EPS of 23-24 |
37.78 |
| Price/BV Ratio |
|
| Price/BV after IPO |
|
How Innomet Advance IPO compares with the Peers?
There are no industry peers in the listed category.
| As on date of RHP |
FV |
Total |
PE |
| |
Rs. |
Income |
Ratio of |
| |
|
Rs. In Crore |
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Innomet Advanced IPO Review
Size: Net size of the IPO is Rs.32.52 crore, comprising of 3252000 shares. The size of the IPO is not very small and because of large number of IPOs opening this week, huge oversubscription may not be possible.
Financial Snapshot: The company has good trend in its topline whereas bottomline has sharply moved up in the year prior to the IPO. The share are offered at somewhat higher valuation of 37.78 PE. and yet looking to the investors frenzy seen at present, positive listing is not ruled out.
+ from fundamental angle: May Apply
+ from grey market angle: ?
Quicklinks
Innomet Advanced IPO GMP today allotment, review?
Innomet Advanced IPO GMP grey market premium
Innomet Advance IPO FAQs
What is Innomet Advance IPO?
This is a SME IPO of 3423600 equity shares of the face value of Rs. 10 aggregating up to Rs.34.24 Crores. The issue is priced at Rs.100 per share. The minimum order quantity is 1200 Shares.
When will Innomet Advance IPO subscription open?
Innomet Advance IPO opens on September 11, 2024, and closes on September 13, 2024.
What is the lot size of Innomet Advance IPO?
Innomet Advance IPO lot size is 1200 Shares, and the minimum amount required is Rs.120000
How to apply for Innomet Advance IPO?
You can apply in Innomet Advance IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Excellent Wires IPO allotment?
The finalization of Basis of Allotment for Innomet Advance IPO will be done on September 16, 2024, and the allotted shares will be credited to your demat account by September 17, 2024.
When is Innomet Advance IPO listing date?
Innomet Advance IPO listing date is September 18, 2024.
What is the latest grey market premium of Innomet Advance IPO?
For latest GMP, Click
Subscription status of Innomet Advanced IPO
Innomet Advanced Materials IPO (Closed)
Price Rs. 100 Lot 1200 shares, Rs. 34.24 Crore
|
| QIB |
NII x |
RII x |
Total x |
Applications |
| |
367.77 |
226.97 |
323.92 |
3,07,543 (226.97x) |
| Amount wise bids recd. Rs. ? Crore |
| Note: |
What is the business of Innomet Advance?
Manufacture of “METAL POWDERS & TUNGSTEN HEAVY ALLOYS” comes under the gamut of “POWDER METALLURGY”. The Company has all the necessary infrastructure for the development and manufacture of Metal Powders and Tungsten Heavy Alloys. To update itselves technologically, the Company associates with the senior most scientists in the world and with renowned Research Organisations in India for continuous development of various Powder Metallurgy (PM) products. The Company has also started/conducted in-house experiments to develop products required by the end users. Innomet has been found to be in conformity with the Quality Management System Standard: ISO 9001:2015 with a scope of manufacturing and supply of Ferrous & Non-Ferrous Metal/Alloy Powders and Tungsten Heavy Alloy components
Get more information about the company @ https://www.innomet.net/
Innomet Advance IPO Details
|
| IPO opens on |
11 September 2024 |
| IPO closes on |
13 September 2024 |
| Issue Type |
Book Built Issue IPO |
| Issue Size |
3423600 Shares /
Rs 34.24 Crore |
| * Fresh Issue |
3423600 Shares /
Rs 34.24 Crore |
| * Offer for Sale – |
– shares /
Rs. – crore |
| Market Maker Portion |
171600 Shares |
| Net offer to Public |
3252000 Shares/
Rs.32.52 Crore |
| Face Value per share |
Rs. 10 |
| Price Band |
Rs.100 |
| Employee discount |
Rs. 0 per share |
| Retail Lot Size |
1200 Shares |
| Listing will at |
NSE SME |
Shares offered in IPO
|
| |
Shares |
Rs. (Crore) |
| QIB (0%) |
– |
– |
| NII (50%) |
1626000 |
16.26 |
| RII (50%) |
1626000 |
16.26 |
| Total Shares |
1328000 |
32.52 |
| Retail portion will be oversubscribed by |
1355 |
| Forms |
| How much Shares to Apply in this IPO? |
| Min Retail Application |
1200 Shares |
Rs.120000 |
| Min HNI Application |
2400 Shares |
Rs.240000 |
Who are the Promoters of Excellent Wires IPO?
The promoters of the company are Lakshmi Kanthamma Chilakapati, Saritha Devi Chilakapati and Vinay Choudhary Chilakapati.
What are the Objects of Excellent Wires IPO?
The Offer comprises of fresh issue of shares.
The Company proposes to utilize the funds which are being raised through this Issue (“Net Proceeds”) towards the following object:
- 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; and Issue Expenses
Registered Office of the Company
Innomet Advanced Materials Limited
B-31, BHEL Ancillary Industrial Estate,
Ramachandrapuram
Medak, Hyderabad-502032
|
Who is the Lead Manager of this IPO?
Expert Global Consultants Private Limited
|
|
Who is the Registrar to IPO?
Skyline Financial Services Pvt Limited
|
Excellent Wires IPO GMP grey market premium, review, Subscription, allotment, listing estimate
Excellent Wires IPO Financial & Analytical Ratios
|
| Year |
Total
Income |
Net
Profit |
EPS |
RoNW |
| |
Rs.in Crore |
Rs.in Crore |
Rs. |
% |
| 2021-22 |
22.40 |
0.55 |
|
|
| 2022-23 |
27.15 |
3.21 |
|
|
| 2023-24 |
29.55 |
2.51 |
2.65 |
|
Book Value of the
Share on 31.03.2024 |
Rs |
|
|
|
BV of the Share at
cap price after IPO |
Rs. |
|
|
|
| Offer Price/upper band |
Rs. |
100 |
|
|
IPO
Key Performance indicators
|
| Price/EPS of 23-24 |
37.78 |
| Price/BV Ratio |
|
| Price/BV after IPO |
|
How Innomet Advance IPO compares with the Peers?
There are no industry peers in the listed category.
| As on date of RHP |
FV |
Total |
PE |
| |
Rs. |
Income |
Ratio of |
| |
|
Rs. In Crore |
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Innomet Advanced IPO Review
Size: Net size of the IPO is Rs.32.52 crore, comprising of 3252000 shares. The size of the IPO is not very small and because of large number of IPOs opening this week, huge oversubscription may not be possible.
Financial Snapshot: The company has good trend in its topline whereas bottomline has sharply moved up in the year prior to the IPO. The share are offered at somewhat higher valuation of 37.78 PE. and yet looking to the investors frenzy seen at present, positive listing is not ruled out.
+ from fundamental angle: May Apply
+ from grey market angle: ?
Quicklinks
Innomet Advanced IPO GMP today allotment, review?
Innomet Advanced IPO GMP grey market premium
Innomet Advance IPO FAQs
What is Innomet Advance IPO?
This is a SME IPO of 3423600 equity shares of the face value of Rs. 10 aggregating up to Rs.34.24 Crores. The issue is priced at Rs.100 per share. The minimum order quantity is 1200 Shares.
When will Innomet Advance IPO subscription open?
Innomet Advance IPO opens on September 11, 2024, and closes on September 13, 2024.
What is the lot size of Innomet Advance IPO?
Innomet Advance IPO lot size is 1200 Shares, and the minimum amount required is Rs.120000
How to apply for Innomet Advance IPO?
You can apply in Innomet Advance IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Excellent Wires IPO allotment?
The finalization of Basis of Allotment for Innomet Advance IPO will be done on September 16, 2024, and the allotted shares will be credited to your demat account by September 17, 2024.
When is Innomet Advance IPO listing date?
Innomet Advance IPO listing date is September 18, 2024.
September 17, 2024
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