Innomet Advanced Materials IPO

Innomet Advanced Materials Ltd IPO: 34.23L shares worth ₹34.24 Cr to fund working capital, capex, debt repayment, and corporate purposes.

Important Details

Open Date : September 11, 2024 Close Date : September 13, 2024 Allotment Date: September 16, 2024 Listing Date: September 18, 2024

Important Details

IPO Price: INR 100 per share Lot Size: 1200 Shares Total Issue Size: INR 34.24 crores

Fundamental Analysis

Innomet Advanced Materials IPO shows mixed performance: 1. Revenue: Steady increase. 2. Profitability: Improved. 3. EPS & RoNW: Higher. 4. Liquidity: Weakened. 5. Inventory Turnover: Potential inefficiencies.

Peer Comparison

There are no industry peers in the listed category.

Objective

Objective: Fund working capital, finance machinery and equipment, repay/prepay borrowings.

Risks And Challenges

Innomet Advanced Materials IPO Risks: 1. Cash Flows: Negative impact on performance. 2. Key Personnel: Reliance risk. 3. Employee Misconduct: Financial and reputational damage.