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Open
14 Dec 2023
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Close
18 Dec 2023
3
Allotment
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Listing
Thu, Dec 21, 2023
Price Band
₹627 to ₹660
Issue Size
2,21,10,955 shares (agg. up to ₹1,459 Cr)
Lot Size
22 Shares
Listing Date
Thu, Dec 21, 2023
Latest GMP
₹440
Est. Gain
66.67%
✦ AI Insight
GMP Trend
21-12-2023₹440Est. ₹1100+66.67%
20-12-2023₹440Est. ₹1100+66.67%
19-12-2023₹530Est. ₹1190+80.3%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 42.84x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 1,155.81 | 1,148.36 | 896.75 | 687.20 |
| Total Income | 580.00 | 984.20 | 803.71 | 608.99 |
| Profit After Tax | 103.34 | 152.71 | 130.50 | 96.11 |
| NET Worth | 554.24 | 549.48 | 502.28 | 371.51 |
| Total Borrowing | 31.03 | 43.38 | 60.37 | |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Siyaram Recycling Industries Ltd. | SME | ₹22.96 Cr | ₹46 | 8.3 | ₹57.75 | +25.54% | ₹40.42 (-2.18%) |
| Holmarc Opto-Mechatronics Ltd. | SME | ₹11.40 Cr | ₹40 | 8.09 | ₹68.50 | +71.25% | ₹109.00 (+1.87%) |
| Meson Valves India Ltd. | SME | ₹31.09 Cr | ₹102 | 15.47 | ₹203.45 | +99.46% | ₹216.35 (-1.99%) |
| Jiwanram Sheoduttrai Industries Ltd. | SME | ₹17.07 Cr | ₹23 | 9.91 | ₹28.50 | +23.91% | ₹5.15 (-1.90%) |
| Alphalogic Industries Ltd. | SME | ₹12.88 Cr | ₹96 | 22.3 | ₹96.29 | +0.30% | ₹141.00 (-6.62%) |
| Auro Impex & Chemicals Ltd. | SME | ₹27.07 Cr | ₹78 | 12.07 | ₹75.70 | -2.95% | ₹25.45 (+1.19%) |
| Srivasavi Adhesive Tapes Ltd. | SME | ₹15.50 Cr | ₹41 | 16.08 | ₹42.00 | +2.44% | ₹89.95 (-4.66%) |
| Sealmatic India Ltd. | SME | ₹56.24 Cr | ₹225 | 18.75 | ₹236.25 | +5.00% | ₹391.05 (-0.66%) |
About Inox India IPO
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 constru
Contact Details
Inox India Ltd. Address9 th Floor, K P PlatinaRacecourseVadodara, Gujarat, 390007+91 265 6160100secretarial.in@inoxcva.comVisit Website