INOX India Limited
Book Built Issue IPO · NSE, BSE
- Price band
- ₹627 - ₹660
- Lot size
- 22 shares
- Issue amount
- ₹1,459.32 cr
- Total subscription
- 61.27×
- Opens
- 14 Dec 2023
- Closes
- 18 Dec 2023
- Allotment
- 19 Dec 2023
- Listing
- 21 Dec 2023
Offer at a glance
Issue overview
- Issue size
- 2,21,10,955 shares
- Face value
- ₹2 per share
- Minimum investment
- ₹13,794
- Fresh issue
- ₹0 cr
- Offer for sale
- ₹1,459.32 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,520
- Issue type
- Book Built Issue IPO
- Shares before issue
- 9,07,63,500
- Shares after issue
- 0
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 22 | ₹14,520 |
| sHNI | 14 | 308 | ₹2,03,280 |
| bHNI | 69 | 1,518 | ₹10,01,880 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 291.86 | 43,138.67 |
| RETAIL | 510.76 | 7,809.43 |
| NIB | 218.9 | 11,644.8 |
| HNIs 2+ | 72.97 | 3,392.93 |
| HNIs 10+ | 145.93 | 8,251.86 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 16.83 |
| ROE | 27.79 |
| ROCE | 36.53 |
| RONW | 27.79 |
| PRE IPO(PE) | 39.22 |
| POST IPO(PE) | 29 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in December 1976, Inox India Limited is a leading supplier of cryogenic equipment, offering complete solutions from design and engineering to manufacturing, installation and turnkey project delivery. The company supplies cryogenic tanks, beverage kegs and customized solutions for industries like industrial gases, LNG, green hydrogen, steel, healthcare, aviation, energy, pharma, chemicals and construction. It serves well-known clients worldwide and has supplied products to 66 countries including the USA, Australia, UAE, Brazil and Korea. The company has manufacturing facilities in Kalol, Kandla SEZ and Silvassa. As of September 2023, its order book stands at ₹10,366.09 million.
Promoters
Pavan Kumar Jain
Nayantara Jain
Siddharth Jain
Ishita Jain
Registrar & documents
Lead manager
ICICI Securities Limited, Axis Capital Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
9 th Floor, K P Platina Racecourse Vadodara - 390 007
+91 265 6160100
[email protected]Company website ↗Understanding INOXINDIA IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.