Innomet Advanced Materials Ltd.
Industry:
Metal - Ferrous
Issue Details
Open Date
11 Sep 2024Close Date
13 Sep 2024Size (in Crs.)
34.24
Size (Shares)
-Listing On
NSE
Issue Terms
Price Range
100Lot Size
1200
Type
Fixed Price
Face Value
10
Market Lot
1
Objective of the Issue
b) Funding of capital expenditure requirements of our Company towards purchase of machinery andequipment;c) Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowingsavailed by our Company, from banks and financial institutions;d) General corporate purposes; ande) Issue Expenses
Description
Manufacture of “METAL POWDERS & TUNGSTEN HEAVY ALLOYS” comes under the gamut of“POWDER METALLURGY”. The Company has all the necessary infrastructure for the developmentand manufacture of Metal Powders and Tungsten Heavy Alloys. To update ourselves technologically,the Company associates with the senior most scientists in the world and with renowned ResearchOrganisations in India for continuous development of various Powder Metallurgy (PM) products. TheCompany has also started/conducted in-house experiments to d... Show More
Address
B-31, Bhel Ancillary Industrial Estate , Ramachandrapuram , Medak
Hyderabad
502032
State
Telangana
Phone No.
040-23021726
cs@innomet.net
Website
www.innomet.net
Promoter Holding
Promoters:
Lakshmi Kanthamma Chilakapati, Saritha Devi Chilakapati
Total Share Capital
8591338
Offered to Public
3424000
% Promoter's Holding (Pre-Issue)
90.28
% Promoter's Holding (Post-Issue)
-
Shares on offer
Total Share Offer
8591338
Of above offred to public
3424000
Post Issue shares
NA
Post Issue Promoters
-
Lead Managers to the Issue:
Expert Global Consultants Pvt Ltd.
Registrar Details
Registrar Name:
Skyline Financial Services Pvt Ltd
Address
A/505, Dattani Plaza, Andheri Kurla Road , Safeed Pool , Andheri East , Mumbai
400072
Phone No.
-
Mumbai@skylinerta.com
Website
www.skylinerta.com
Fax
-