₹ 14520 / 22 shares
IPO Details
RHP/DRHPIssue Date
14 Dec - 18 Dec'23
Investment/lot
₹ 14520
Price Range
627 - 660
Lot Size
22
IPO Size
₹ 1459.32 Cr
IPO Listing Details
Listing On
21 Dec'23
Issue Price
660
Listed Price
₹ 949.65
Retail Gain/Listing Gain
▲43.89%
IPO Timeline
Inox India IPO Review | About the Company, Issue Details And More
Kotak Securities
•03m 36s
Company Background
Inox India Limited is the largest supplier of cryogenic equipment, and is also the largest exporter of cryogenic tanks from India, in terms of revenue in Fiscal 2023 (Source: CRISIL Report, November 2023). The company has over 30 years of experience offering solutions across design, engineering, manufacturing and installation of equipment and systems for cryogenic conditions, such as tanks and equipment, beverage kegs, industrial gases, liquified natural gas (LNG), green hydrogen and more. Additionally, the company also manufactures a range of cryogenic equipment utilised in global scientific research projects.
Risk Factors
- The business is dependent and will continue to depend on its three manufacturing facilities.
- 11.56% and 46.52% of revenue from operations was derived from their largest customer and top 10 customers.
- An increase in their component or raw material or other input costs may adversely affect the pricing and supply of their products.
Key Strategies
- Capitalise on opportunities in LNG and hydrogen as part of the global clean energy transition.
- Capture the full value chain across their product lines.
- Expanding their large turnkey project business.
Key Financials
Here are the key financials for Inox India Limited:
Particulars (in Rs. million)
Particulars (in Rs. million)
How to apply for IPO through ASBA
Kotak Securities
•00m 59 s
How to apply for an IPO using UPI
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Inox India Ltd IPO FAQs
When is Inox India Ltd IPO listing date?
Inox India Ltd will list on 2023-12-21.
What is the issue size of Inox India Ltd IPO?
1459.32 is the issue size of Inox India Ltd IPO.
What is the minimum lot size required for Inox India Ltd IPO?
The minimum lot size is 22 shares and the investment required is ₹14520.
What is the price band of the Inox India Ltd IPO?
The price band of Inox India Ltd IPO is ₹627 to ₹660.
Where can I read more about Inox India Ltd business?
You can read more about Inox India Ltd and its IPO from the company’s red herring prospectus (RHP) here.
What is the Inox India Limited IPO?
The Inox India Limited IPO has an issue size of Rs. 1,459.32 crores. The IPO opens for subscription on 14th December 2023 and closes on 18th December 2023.
Who is the Registrar for Inox India Limited IPO?
KFin Technologies Limited is the registrar for this IPO.
Where can I read more about Inox India Limited’s business?
You may read more about Inox India Limited and its IPO from the company’s red herring prospectus (RHP) here:
