Innomet Advanced Materials Ltd.

Industry:

Metal - Ferrous

Issue Details

  • Open Date

    11 Sep 2024
  • Close Date

    13 Sep 2024
  • Size (in Crs.)

    34.24

  • Size (Shares)

    -
  • Listing On

    NSE

Issue Terms

  • Price Range

    100
  • Lot 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

Email

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.

-

Email

Mumbai@skylinerta.com

Website

www.skylinerta.com

Fax

-

Prudent Corporate Advisory Services Ltd.
"Prudent House", Panjrapole Cross Road,
Nr. Polytechnic, Ambawadi,
Ahmedabad - 380 015, Gujarat, India.
For Queries:
kyc@fundzbazar.com
1800 419 5051 (Toll Free)
Compliance Officer:
Mrs. Rima Patel
compliancemf@prudentcorporate.com
(079) 40209600
Social Media

Prudent Corporate Advisory Services Ltd.(PCAS): Member of NSE & BSE – SEBI Registration No as stock broker: INZ000293634. Member ID : - NSE : 90209, BSE : 6733, CDSL – IN-DP- 477-2020 (DP ID: 12090600), Research Analyst - INH000018115, CIN - L91120GJ2003PLC042458.

Registered Address: Prudent House, Panjrapole Cross Road, Nr. Polytechnic, Ambawadi, Ahmedabad - 380015, Gujarat, India.

For any complaints pertaining to securities / broking please write a mail to ig@prudentcorporate.com

Please ensure you carefully read the Risk Disclosure Document as prescribed by SEBI

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  • 1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. 2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. 3. Pay 20% upfront margin of the transaction value to trade in cash market segment. 4. Investors may please refer to the NSE's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 & BSE’s notice no. 20200731-7 dated July 31, 2020 and 20200831-45 dated August 31, 2020 and other guidelines issued from time to time in this regard. 5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. .......... Issued in the interest of Investors

Company does not offer any scheme for any assured returns. In case, any such scheme offered by any of employee or other Authorized Person of the company, the same should not be accepted and no investment in such scheme to be made. In case of any such scheme offered by any person, kindly contact compliance team of the company on (+91) (79) 40209600. In case any investment made in such scheme, company will not be responsible for any claims or grievances for any loss on account of relying on the said scheme. 

Advertisement Disclosure - Non-Broking Products/Services e.g. Mutual Fund, Mutual Fund-SIP, Research reports, Insurance, etc "These are not Exchange traded product and the Member is just acting as distributor and all disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism.”