Innomet Advanced Materials Limited was established in 1984. The company manufactures materials like metal powders and tungsten-heavy alloys. Innomet is divided into two divisions i.e., Innomet Powders and Innotung. It supplies products to India and other countries. Innomet IPO Allotment was opened for subscription between 11th to 13th September 2024. The market capitalization of Innomet Advanced Materials Initial Public Offering is Rs 129.4 Crores.
After the completion of the subscription process, individuals will now be able to check the Innomet Advanced Materials Limited IPO Allotment Status. The allotment result will be issued on 16th September 2024. Scroll down the following article and get details regarding the GMP, Listing Price, Subscription Details and more.
Innomet IPO Allotment Status
The company employed around 56 employees in various departments by 31st March 2024. Now, let’s take a look at the revenue of the company. The revenue of the company increased by 9% between 31st March 2023 to 31st March 2024. Whereas, the Profit After Tax has faced declines by 22% during the same tenure.
The Grey Market Price is the price at which the shares are being exchanged in the market before listing. The GMO of Innomet IPO Allotment is Rs. 95/- The estimated listing price is Rs. 185/- after adding the GMP with the Cap Price. So, the expected loss or gain per share will be 95%. Please note that the mentioned listing price is the estimated one and the actual one might be different.
Innomet Advanced Materials Limited IPO Allotment Status: Highlights
| Name of the IPO Company | Innomet Advanced Materials Limited |
| Name of the IPO Registrar | Skyline Financial Services Private Ltd |
| Price of the Shares | 100 rupees per share |
| Lot Size | 1200 Shares |
| Type of the Issue | Fixed Price Issue IPO |
| Price Listing At | NSE SME |
| IPO Allotment Result Availability Status | To be released |
| IPO Allotment Result Availability Mode | Online Mode |
| Authorized Portal | https://www.innomet.net/ |
Innomet IPO Allotment Schedule
| Events | Dates |
| Opening Date of the Innomet IPO | 11th September 2024 |
| Closing Date of the Innomet IPO | 13th September 2024 |
| Finalisation of the Allotment | 16th September 2024 |
| Commencement of the Refund Process | 17th September 2024 |
| Shared Crediting to the Demat Account | 17th September 2024 |
| Price Listing Date | 18th September 2024 |
www.innomet.net IPO Allotment Subscription Status
By 13th September 2024, investors had subscribed to the Innomet Advanced Material IPO 323.92 times. The retail category subscribed 226.97 times and the NII category subscribed 367.77 times. Refer to the table attached below to get detailed subscription information:
| Investor Category | Subscription (times) | Offered Shares | Shares bid for | Total Amount (Rs Cr.) |
| Non-Institutional Buyers | 368 | 16,26,000 | 59,79,90,000 | 5,979.90 |
| Retail Investors | 227 | 16,26,000 | 36,90,51,600 | 3,690.52 |
| Total | 323.92 Times | 32,52,000 | 1,05,34,03,200 | 10,534.03 |
How to check the Innomet IPO Allotment Status?
Investors who have subscribed to the shares and want to check the IPO allotment status can take a look at the following section. Below are the steps following which the Innomet IPO Allotment Status can be checked:
- Firstly, search the official portal of Skyline Financial Services Private Ltd through this link: https://www.skylinerta.com/
- Secondly, the portal’s home page will open on the screen shortly after searching it.
- Thirdly, locate the Investors option and a menu will drop down on the same page.
- Afterwards, tap the Public Issues link to proceed further with the procedure.
- Now, choose the IPO company and the page will change according to the choice.
- Carefully provide any one of these details: the DPID/ Client ID, Application Number or Pan of Investor.
- The last stage will be submitting the details.
- The Innomet IPO Allotment Status will finally appear on the respective device.
Innomet IPO Allotment Status: Important Links
| Go to the Official Website | Innomet Advanced Materials Limited Website Link Skyline Financial Services Private Ltd Website Link |
| Check the IPO Allotment Status | To be released |
| Read the IPO DRHP | Innomet IPO DRHP Link |
| Follow for more updates | SVU News, Home Page |
Frequently Asked Questions
When will the officials release the Innomet IPO Allotment Result?
The officials have not yet issued the allotment result. According to the schedule, the officials will release the Innomet IPO Allotment Result on 16th September 2024.
What is the post-process of the Innomet Advanced Materials Limited IPO Allotment Result?
After the issuance of the IPO Allotment result, the officials will transfer the shares to the demat account. The remaining investors will start getting their payments back from 17th September 2024 onwards.
What is the Listing Price of the www.innomet.net IPO Allotment?
The Innomet IPO Listing Price will be provided once it gets listed at NSE SME on 18th September 2024. Currently, the expected listing price is revolving around Rs. 185/-
