Innomet Advanced Materials IPO GMP, Price, Date, IPO Details

Innomet Advanced Materials IPO GMP : Innomet Advanced Materials IPO GMP is Open on 11 September 2024 and Close on 13 September 2024. Innomet Advanced Materials IPO to Raise 3,423,600 shares (Approx ₹34.24 Cr) via IPO. The Fresh issue of 3,423,600 shares (Approx ₹34.24 Cr).

Innomet Advanced Materials started manufacture of Metal Powders (Ferrous, Non-Ferrous and their Alloys). Further with R&D got into manufacture of Tungsten Heavy Alloys (THA). The Promoters have vast experience in General Engineering, Diamond Tools, Metal/Alloy Powders and Tungsten Heavy Alloys.

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 ourselves 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: With a scope of manufacturing and supply of Ferrous & Non-Ferrous Metal/Alloy Powders and Tungsten Heavy Alloy components. Innomet has 2 divisions with brand names as under.

•  Innomet Powders.
•  Innotung.

Innomet Advanced Materials IPO Date & Price Band Details

Innomet Advanced Materials IPO Market Lot Details

Object of the Issue

1. Funding working capital requirements of the Company.
2. Funding of capital expenditure requirements of our Company towards purchase of machinery and equipment.
3. Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company, from banks and financial institutions.
4. General corporate purposes.
5. Issue Expenses.

Innomet Advanced Materials IPO Allotment & Listings (Details)

Innomet Advanced Materials Financial Reports

Our Company Promoters

1. Lakshmi Kanthamma Chilakapati.
2. Saritha Devi Chilakapati.
3. Vinay Choudhary Chilakapati.

Qualitative Factors

• Experienced Management team having knowledge to scale up and expand into new opportunities.
• Dedicated technical & functional team to provide solutions to our customers.
• Experience of handling large & complex projects.
• Multi-year relationships with most customers.
• Improving operational efficiency.

Also Read:  Share Samadhan IPO

Innomet Advanced Materials Company Contact Details

B-31, Bhel Ancillary Industrial Estate,
Ramachandrapuram, Medak, Hyderabad-502032, Telangana, India
Telephone: +91 04023021726
E-mail: cs@innomet.net
Investor grievance id: cs@innomet.net
Website: www.innomet.net

Innomet Advanced Materials Lead Manager

Expert Global Consultants Private Limited
1511, RG Trade Tower Netaji Subhash Place, Pitampura – 110 034, New Delhi, India
Contact Person: Mr. Shobhit R. Agarwal
Telephone: 011 4509 8234
Email ID: ipo@expertglobal.in
Website: www.expertglobal.in
Investor Grievance Id: compliance@expertglobal.in

Innomet Advanced Materials IPO Registrar

Skyline Financial Services Private Limited
A/506, Dattani Plaza, Andheri Kurla Road, Safeed Pool, Andheri East, Mumbai – 400 072, Maharashtra, India
Contact Person: Mr. Anuj Rana
Tel: +91 22 2851 1022
E-mail: ipo@skylinerta.com
Investor Grievance Email: grievances@skylinerta.com
Website: www.skylinerta.com