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Innomet Advanced Materials Ltd

Registered Office : B-31 Bhel Ancillary Ind.Estate,Ramachandrapuram Medak,Hyderabad Telangana 502032 Phone : +91 040 2302 1726
Fax :

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

Opens On

Closes On

11-Sep-2024

13-Sep-2024

Money Payable On

Application

Allotment

100.00

0.00

Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

30.07

34.24

12.94

100.00

Expert Global Consultants Pvt Ltd

Projects

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

Lakshmi Kanthamma Chilakapati

Saritha Devi Chilakapti

Vinay Chowdhary Chilakapati

Listing At

NSE - SME

Registrar to the Issue

Skyline Financial Services Pvt