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Innomet Advanced Materials IPO Skyrockets with 282.54x Subscription on Day 3!

Innomet Advanced Materials Limited's IPO attracted unprecedented attention, with a 282.54x subscription on Day 3, reflecting strong market confidence in the company's prospects within the advanced materials sector.
Innomet Advanced Materials IPO Skyrockets with 282.54x Subscription on Day 3!

Innomet Advanced Materials Limited IPO saw extraordinary demand on Day 3, with the issue being subscribed an impressive 282.54 times. This unprecedented level of interest underscores the market’s strong confidence in the company’s future and its role in the advanced materials sector.

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Innomet Advanced Materials Limited IPO Subscription Status

Innomet Advanced Materials Limited IPO continued to attract significant investor attention on Day 2, with the issue being subscribed 6.79 times. This strong interest underscores the market’s confidence in Innomet’s role and potential in the advanced materials sector.

How to check Innomet Advanced Materials IPO Subscription Status?

Steps to check Innomet Advanced Materials Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Innomet Advanced Materials Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Innomet Advanced Materials Limited IPO Allotment Status

The allotment date for the Innomet Advanced Materials Limited IPO is set for September 16, with shares priced at ₹100 per share and a face value of ₹10. The offering consists of lots of 1200 shares, with bids accepted for these lots or their multiples.

Innomet Advanced Materials Limited IPO Listing Date 

Innomet Advanced Materials Limited IPO is expected to be listed on the NSE SME on September 18, 2024.

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