Innomet Advanced Materials Ltd |
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Registered Office: B-31 Bhel Ancillary Ind.Estate,Ramachandrapuram Medak,Hyderabad-502032, Telangana |
Tel. No: +91 040 2302 1726 |
Fax No: |
Email: cs@innomet.net |
Website: www.innomet.net |
Initial public offering of 34,23,600 equity shares of Rs. 10/- each ("Equity Shares") of Innomet Advanced Materials Limited ("IAML" or the "Company") for cash at a price of Rs. 100/- per equity share including a share premium of Rs. 90/- per equity share (the "Issue Price"), aggregating to Rs. 34.24 crores ("The Issue"). Out of the issue 1,71,600 equity shares aggregating to Rs. 1.72 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of 32,52,000 equity shares of face value of Rs. 10/- each at a price of Rs. 100/- per equity share including a share premium of Rs. 90/- per equity share aggregating to Rs. 32.52 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.46 % and 25.13 %, respectively, of the post issue paid up equity share capital of the company. |
Issue | Money Payable On | ||
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Opens On | Closes On | Application | Allotment |
11-Sep-2024 | 13-Sep-2024 | ₹100.00 - 0.00 | ₹0.00 - 0.00 |
Minimum Application for shares in Nos : 1200 | Further Multiples of : 1200 |
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(₹ Cr) | Lead Managers to the Issue | |
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Project Cost | 30.07 | Expert Global Consultants Pvt Ltd |
Project Financed through Current Offer | 34.24 | |
Post Issue Equity Share Capital | 12.94 | |
Issue Price | 100.00 |
Projects |
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Funding working capital requirements of the company |
Funding of capital expenditure requiremnts of the company towards purchase of machinery and equipment |
Repaymenr or prepayment in full or in part of all or a portion of certain outstanding borrowings availed by the company from banks and financial institutions |
General corporate purposes |
Promoted By |
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Lakshmi Kanthamma Chilakapati |
Saritha Devi Chilakapti |
Vinay Chowdhary Chilakapati |
Listing At |
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NSE - SME |
Registrar To The Issue | |
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Skyline Financial Services Pvt |