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LISTEDSME

Innomet Advanced Materials IPO

Open 11th Sep 2024 · Close 13th Sep 2024 · Listing 18th Sep 2024

Verified 2026-08-2483% data coverage
Issue Price₹100.00
Listing Price₹190.00
Current Price
Listing Gain90.00%
Current Return

At a glance

Updated 2026-08-24

The shares listed at ₹190.00, a 90.00% move from the issue price. Innomet Advanced Materials is a SME IPO with an issue size of ₹34.24 crore, proposed for listing on NSE SME. The offer opens on 11th Sep 2024 and closes on 13th Sep 2024. The issue structure includes a fresh issue of ₹32.52 crore. The current listing schedule points to 18th Sep 2024.

Issue details

Listing atNSE SME
Issue typeFixed Price Issue
Issue size₹34.24 Cr
Fresh issue₹32.52 Cr
Face value₹10
Price band—–—
Allotment16th Sep 2024
Listing18th Sep 2024

Listing performance

Full performance ↗
Issue price₹100.00
Listing price₹190.00
Current price
Listing gain90.00%
Current return
Price progressionIssue → Listing → Current

Grey market

GMP page ↗
Latest GMP₹95.00
GMP / upper priceNO DATA
Est. listing₹195.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens11th Sep 2024
Closes13th Sep 2024
Allotment16th Sep 2024
Refund17th Sep 2024
Demat17th Sep 2024
Listing18th Sep 2024

Subscription demand

Full bidding ↗
Total323.92×

Lot size

InvestorLotsSharesAmount
Minimum Bid11200

Company

Incorporated1984

Use of proceeds

ObjectAmount
Funding working capital requirements of the Company;₹11.60 Cr
Funding of capital expenditure requirements of the Company towards purchase of machinery and equipment₹7.88 Cr
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;₹2.09 Cr
General corporate purposes; and₹8.50 Cr

31 Mar 2022

Assets9.74
Total Income22.40
Profit After Tax0.55
NET Worth3.80
Reserves and Surplus0.91
Total Borrowing9.82

31 Mar 2023

Assets12.14
Total Income27.15
Profit After Tax3.22
NET Worth7.06
Reserves and Surplus4.18
Total Borrowing12.10

31 Mar 2024

Assets34.17
Total Income29.55
Profit After Tax2.52
NET Worth14.72
Reserves and Surplus5.20
Total Borrowing13.31
Trend chart₹ crore

KPIs

KPIMar 31, 2024
ROE21.37%
ROCE16.27%
Debt / Equity1.27%
RoNW17.11%
PAT Margin8.52%

Valuation & shareholding

Pre-IPO EPS2.65
Post-IPO EPS1.95
Pre-IPO P/E37.78
Post-IPO P/E51.37
Promoter holding pre74.52%
Promoter holding post54.8%
Market cap₹129.40 Cr.

Issue expenses

ExpenseAmount
Fees payable to LM including fees and payment to other intermediaries such as Legal Advisors, Registrars, Underwriting Fees and other out of pocket expenses₹0.45 Cr
Brokerage and selling commission₹0.21 Cr
Printing & Stationery, Distribution, Postage, etc.₹0.01 Cr
Advertisement and Marketing Expenses₹0.03 Cr
Stock Exchange Fees, Regulatory and other Expenses₹0.05 Cr
Others (Fees payable for Underwriting fees and Miscellaneous Expenses)₹3.42 Cr

Registrar & lead managers

Registrar

Skyline Financial Services Pvt.Ltd.

Lead managers

  • Location

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.