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Inox India Ltd. IPO
NSE & BSE Bookbuilding IPO Offer For Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹660
Issue Price
₹660
Face ₹2
GMP
+₹0
+0% premium
Est. Listing
₹660
GMP based
Lot Size
22
shares / lot
Min Amount
₹14,520
1 lot · 22 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
14 Dec 2023
Thu Completed
Done
Close Date
18 Dec 2023
Mon Completed
Done
Allotment
19 Dec 2023
Tue Completed
Done
Refund
20 Dec 2023
Wed Completed
Done
Demat Credit
20 Dec 2023
Wed Completed
Done
Listing Date
21 Dec 2023
Thu Completed
UPI Deadline: 18 Dec 2023
Issue Details
Pricing & Size
Issue Price
₹660 Face ₹2
Lot Size
22 shares
Min Investment
₹14,520
Total Issue Size
2,21,10,955 shares (aggregating up to ₹1,459.32 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Offer For Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
1,10,55,476 (50.00%)
NII / HNI
33,16,644 (15.00%)
Retail
77,38,835 (35.00%)
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
9,07,63,500 shares
Post-Issue Shareholding
9,07,63,500 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 22 ₹14,520
HNI / NII 14 308 ₹2,03,280
bHNI / bNII 69 1,518 ₹10,01,880
Objects of Issue
2 objectives
1
Carry out the Offer for Sale of up to 22,110,955 Equity Shares by the Selling Shareholders; and
2
Achieve the benefits of listing the Equity Shares on the Stock Exchanges. Further, the Company expects that the proposed listing of its Equity Shares will enhance the visibility and brand image as well as provide a public market for the Equity Shares in India. The Selling Shareholders will be entitled to the entire Offer proceeds after deducting the Offer expenses and relevant taxes.
Lead Managers & Market Maker
Book Running Lead Managers
ICICI Securities Ltd.
Axis Capital Ltd.
IPO Timeline
Open
14 Dec
✓ Done
Close
18 Dec
✓ Done
Allotment
19 Dec
✓ Done
Listing
21 Dec
✓ Done
Registrar Details
Kfin Technologies Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
04067162222, 04079611000
Email
inox.ipo@kfintech.com
Company Contact
Email
secretarial.in@inoxcva.com
Phone
+91 265 6160100
Address
9 th Floor, K P Platina Racecourse Vadodara - 390 007 Vadodara, Gujarat
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹660
Est. Listing
₹660
Lot Size
22 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Inox India Ltd. LIVE
INR ·
vs Issue
Open
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Low
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P/E
52W H
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| Price
Market Reference
IPO Issue Price
₹660
GMP
+₹0 (+0%)
GMP Est. Listing
₹660
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 1,10,55,476 (50.00%) ₹72,966.14 Cr
NII / HNI (Total) 33,16,644 (15.00%) ₹21,889.85 Cr
Retail Investors 77,38,835 (35.00%) ₹51,076.31 Cr
Total ** 2,21,10,955 (100.00%) ₹1,459,323.04 Cr
* Based on ₹660.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
1,10,55,476 (50.00%)
NII
33,16,644 (15.00%)
Retail
77,38,835 (35.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric30 Sep 202331 Mar 202331 Mar 2022
Revenue580.00984.20803.71
PAT103.34152.71130.50
EBITDA
Net Worth554.24549.48502.28
Total Assets1155.811148.36896.75
Reserves
Borrowings31.0343.38
Key Financial Ratios
27.79%
ROE
Return on Equity
36.53%
ROCE
Return on Capital Employed
27.79%
RONW
Return on Net Worth
16.83
Pre EPS
EPS Pre-Issue
39.22
Pre P/E
P/E Pre-Issue
29
Post P/E
P/E Post-Issue
About Inox India Ltd.

Incorporated in 1976, Inox India Limited manufactures and supplies cryogenic equipment.

The company's business activities comprise three divisions:

1. Industrial Gas: The division designs, manufactures and installs cryogenic tanks and systems for the storage, transportation and distribution of industrial gases, including green hydrogen and oxygen.

2. LNG: The division develops, manufactures, supplies and installs both standard and engineered equipment for LNG storage, distribution, and transportation, as well as small-scale LNG infrastructure solutions for industrial, marine and automotive applications.

3. Cryo Scientific: This division offers equipment and turnkey solutions for scientific and industrial research in the field of cryogenic distribution with a focus on technology-intensive applications.

The product portfolio includes standard cryogenic tanks and equipment, beverage kegs, bespoke technology, equipment and solutions as well as large-scale turnkey projects used in various industries such as industrial gases, liquefied natural gas ("LNG"), green hydrogen, energy, steel, medical and healthcare, chemicals and fertilisers, aviation and aerospace, pharmaceuticals and construction.

In the six months to September 30, 2023, and the financial years 2023, 2022 and 2021, the company supplied its equipment and systems to 1,255 domestic and 254 international customers in our three business segments.

The company's major customers include Air Liquide Global E&C Solutions India Private Limited, Caribbean LNG Inc, 2G Energy Inc, ISRO, Hyundai Engineering and Construction Co Ltd and many others.

As of September 2023, the company has exported products and services to 66 countries, including the United States, Saudi Arabia, the Netherlands, Brazil, Korea, the United Arab Emirates, Australia and Bangladesh.

The company's manufacturing facilities are located in Kalol, Kandla Special Economic Zone (Kandla SEZ) and Silvassa in the Union Territory of Dādra and Nagar Haveli.

As of September 2023, the company's order book stood at Rs. 10,366.09 million.

Frequently Asked Questions
What is the issue price of Inox India Ltd. IPO?
The issue price of Inox India Ltd. IPO is ₹660 per share, face value ₹2.
What is the lot size?
Minimum lot size is 22 shares, requiring ₹14,520.
What are the IPO dates?
Opens 14 Dec 2023, closes 18 Dec 2023.
When is the listing date?
Tentative listing: 21 Dec 2023 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹660 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Inox India Ltd. IPO · Expected 19 Dec 2023

Check on Registrar
Post-IPO Timeline
Allotment Date
19 Dec 2023
Refund Initiation
20 Dec 2023
Demat Credit
20 Dec 2023
Listing Date
21 Dec 2023
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹660
Face ₹2
Lot Size
22
shares / lot
Min Amount
₹14,520
1 lot
Est. Listing
₹660
GMP +₹0
Key Dates
Open
14 Dec Done
Close
18 Dec Done
Listing
21 Dec Done
Registrar
Kfin Technologies Ltd.
A
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