INOX INDIA LTD.● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO INOX INDIA LTD.● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO
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Inox India Ltd.

Inox India Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹660
₹660
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹660
Based on GMP
Min. Investment
₹14,520
1 lot × 22 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
14 Dec 2023
Close Date
18 Dec 2023
Allotment
19 Dec 2023
Listing Date
21 Dec 2023
Exchange
NSE & BSE
Price Band
₹660
Listing Price
See chart
Allotment Status
Price Band
₹660
Per share
Face Value
₹2 per share
 
Lot Size
22 Shares
per lot
Issue Size
2,21,10,955 shares (aggregating up to ₹1,459.32 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,520
1 lot
Pre-IPO Holding
9,07,63,500 shares
Promoters
Post-IPO Holding
9,07,63,500 shares
Promoters
P/E (Pre)
39.22x
 
P/E (Post)
29x
 
EPS (Pre)
₹16.83
 
UPI Deadline
2023-12-18
Mandate
Anchor AllotmentWed, 13 Dec 2023
Basis of AllotmentTue, 19 Dec 2023
Refund InitiationWed, 20 Dec 2023
Demat CreditWed, 20 Dec 2023
Listing DayThu, 21 Dec 2023
UPI Mandate Deadline2023-12-18
Sale TypeOffer For Sale
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Inox India Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 18 Dec 2023.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
22,110,955
100% ₹1,459.32
IPO Shares Offered
Inox India Ltd. IPO total issue size: ₹1,459.32 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 22,110,955 ₹1,459.32
100.00%
* Based on upper price band ₹660 per share
Lot Size & Investment
Lot Size
22
Shares per Lot
Issue Price
₹660.00
Upper Band
Min Investment
₹14,520
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)244₹29,040
Retail (Max — 13 Lots)13286₹188,760
S-HNI (Min — 14 Lots)14308₹203,280
B-HNI (Min — 69 Lots)691,518₹1,001,880
* Issue Price ₹660 × Lot Size 22 shares
IPO Schedule
Anchor
13 Dec 2023
✓ Done
IPO Open
14 Dec 2023
✓ Done
IPO Close
18 Dec 2023
✓ Done
Allotment
19 Dec 2023
✓ Done
Refunds
20 Dec 2023
✓ Done
Demat Credit
20 Dec 2023
✓ Done
Listing Day
21 Dec 2023
✓ Done
Inox India Ltd. — Live Price LIVE
₹660.00
INR · BSE
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Issue ₹660.00 Live Price
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.
Objects of the Issue
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.
Inox India Ltd. Financials (Amount in Crore)
Revenue from Operations
₹803.7
31 Mar 2022
₹984.2
31 Mar 2023
₹580.0
30 Sep 2023
Profit After Tax (PAT)
₹130.5
31 Mar 2022
₹152.7
31 Mar 2023
₹103.3
30 Sep 2023
Particulars30 Sep 202331 Mar 202331 Mar 2022
Revenue from Operations 580.00 984.20 803.71
EBITDA N/A N/A N/A
Profit After Tax (PAT) 103.34 152.71 130.50
Net Worth 554.24 549.48 502.28
Total Assets 1155.81 1148.36 896.75
Reserves & Surplus N/A N/A N/A
Borrowings 31.03 N/A 43.38
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoE
27.79%
RoCE
36.53%
RoNW
27.79%
Issue Structure & Shareholding
Total Shares Offered2,21,10,955 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding9,07,63,500 shares
Post-Issue Promoter Holding9,07,63,500 shares
P/BV RatioN/A
RoE27.79%
RoCE36.53%
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
ICICI Securities Ltd.
Axis Capital Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Inox India Ltd. IPO subscribed?

Inox India Ltd. IPO is subscribed 1.00 times by Dec 18, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Inox India Ltd. IPO retail subscription status?

The Inox India Ltd. IPO retail category is subscribed 1.00 times as of 18 Dec 2023. The retail portion is oversubscribed.

How to subscribe Inox India Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 14 Dec 2023 and closes 18 Dec 2023. Min investment: ₹14,520 (1 lot = 22 shares). UPI mandate: 2023-12-18.

How many times Inox India Ltd. IPO subscribed?

The Inox India Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Inox India Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 19 Dec 2023. Refunds: on 20 Dec 2023.

When Inox India Ltd. IPO will be listed?

The Inox India Ltd. IPO listing date is 21 Dec 2023, Thursday. Listed on: NSE & BSE. Issue price: ₹660. Estimated listing: ₹660. GMP: NIL.

When Inox India Ltd. IPO close?

The Inox India Ltd. IPO closes on 18 Dec 2023, Monday. UPI mandate: 2023-12-18. Allotment: 19 Dec 2023. Listing: 21 Dec 2023.