Inox India Limited

Company Profile
Company Name Inox India Limited
Open Date 14-12-2023
Close Date 18-12-2023
Exchange BSE, NSE
Lot Size 22 Shares
Issue Price ₹627 to ₹660 per share
Issue Size 2,21,10,955 Equity Shares
Application Amount Min. Inv. - ₹ 14,520 (22 shares) Max. Inv. – ₹ 1,88,760(286 shares)
Recommendation Apply

Inox India Limited was incorporated in the year 1976 and has its registered office in Gujarat. The company has over 30 years of experience offering solutions across design, engineering, manufacturing
and installation of equipment and systems for cryogenic conditions. The Company is the largest supplier of cryogenic equipment in India by revenue in Fiscal 2023. The company’s offering includes standard cryogenic tanks and equipment, beverage kegs, bespoke technology, equipment and solutions as well as large turnkey projects. The company also was the largest exporter of cryogenic tanks from India in terms of revenue in Fiscal 2023. As of 31st October 23, the Company had 1,016 employees on its payroll.

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Financial Summary in Cr.

For the Period Ended Mar-21 Mar-22 Mar-23 Sep-23
Total Assets 687.20 896.75 1,148.36 1,155.81
Net Assets 3,924.25 523.82 571.36 581.11
Total Borrowings 60.37 43.38 - 31.03
Total Revenue 608.99 803.71 984.20 580.00
Profit After Tax 96.11 130.50 152.71 103.34

Tentative Timeline

Opening Date 14/12/2023
Closing Date 18-12-2023
Basis of Allotment 19-12-2023
Initiation of Refunds 20-12-2023
Credit of Shares to Demat 20-12-2023
Listing Date 21-12-2023

Objects of the Issue

Achieve the benefits of listing the Equity Shares on the Stock Exchanges.
Carry out the Offer for Sale of up to 2,21,10,955 Equity Shares by the Selling Shareholders

Contact Information

Registered Office Inox India Limited - 9 th Floor, K P Platina Racecourse Vadodara - 390 007
Phone +91 265 6160100

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000

IPO Reservation

QIB Shares Offered Not more than 50% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue
NII (HNI) Shares Offered Not less than 15% of the Net Issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 99.30%
Share Holding Post Issue (Promoters) 75.46%

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