INOX India Limited

Offer PeriodDec 14, 2023 – Dec 18, 2023

Dec 14, 2023 – Dec 18, 2023

MainBoardListed

Listed Price:

₹949.65

(+43.89%)

Price Band₹627 - ₹660

Lot Size22 Shares

Allotment DateDec 19, 2023

Listing DateDec 21, 2023

Subscription61.27 Times

Issue Size₹1459.32 Cr

Check Allotment

Share IPO Trend

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹350
(53.03%)

Premium (ELP)

Having completed its public offering, INOX India Limited's is now listed and trading on the NSE, BSE exchange as of Dec 21, 2023. The IPO raised cumulative capital of 2,21,10,955 Shares, including TBD in primary capital infusion and ₹1459.32 Cr in secondary market transactions.

The IPO was conducted with a price range of ₹627 to ₹660 and minimum investment requirement of 22 shares. subscription activity between Dec 14, 2023 and Dec 18, 2023 reflected market assessment of the offering's valuation and prospects.

The allotment process finalized on Dec 19, 2023 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.

INOX India IPO Details

IPO Date

Dec 14, 2023 to Dec 18, 2023

Allotment Date

Dec 19, 2023

List Date

Dec 21, 2023

Lot Size

22 share

Issue Price

₹627 - ₹660

Issue Size

2,21,10,955 (aggregating up to 1459.32 Cr)

Fresh Issue

Offer For Sale

2,21,10,955 (aggregating up to 1459.32 Cr)

Listing At

NSE, BSE

Share Holding Pre-Issue

9,07,63,500

Share Holding Post-Issue

Market Marker Portion

First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.

Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

Category	Lot(s)	Qty	Amount

Category	Lot(s)	Qty	Amount
Retail (Min)	1	22	14,520
sHNI	14	308	2,03,280
bHNI	69	1518	10,01,880

IPO Reservation

Shares2,21,10,955

Retail

35.00%(77,38,835)

NII(HNI)

15.00%(33,16,644)

QIB

50.00%(1,10,55,476)

Total

100.00%(2,21,10,955)

INOX India IPO Key Performance Indicators

Learn About IPO KPIs →

KPI	Values

KPI	Values
EPS	16.83
ROE	27.79
ROCE	36.53
RONW	27.79
PRE IPO(PE)	39.22
POST IPO(PE)	29

Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).

Company Financials ( In Crores)

Period Ended	Sep 2023	Mar 2023	Mar 2022	Mar 2021

Period Ended	Sep 2023	Mar 2023	Mar 2022	Mar 2021
Assets	1,155.81	1,148.36	896.75	687.20
Revenue	580.00	984.20	803.71	608.99
Net Worth	554.24	549.48	502.28	371.51
Total borrowing	31.03	0	43.38	60.37
Profit after tax	103.34	152.71	130.50	96.11
Reserves and Surpluses	0	0	0	0

INOX India IPO About Company

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.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅INOX India IPO Strength Factors

⚠️INOX India IPO Risk Factors

🏦INOX India IPO Lead Manager(s)

ICICI Securities LimitedAxis Capital Limited

👤INOX India IPO Promoter(s)

Pavan Kumar Jain
Nayantara Jain
Siddharth Jain
Ishita Jain

🏢INOX India IPO Company Details

INOX India Limited

Email:secretarial.in@inoxcva.com

Phone:+91 265 6160100

Website:https://inoxcva.com/

address:9 th Floor, K P Platina Racecourse Vadodara - 390 007

📋INOX India IPO Registrar

Kfin Technologies Limited

Name:Kfin Technologies Limited

Phone:04067162222

Email:inox.ipo@kfintech.com

Website:https://kosmic.kfintech.com/ipostatus/

❓INOX India IPO FAQs

INOX India IPO is a main-board IPO of 0 equity shares of the face value of ₹2 per share aggregating up to ₹1459.32 crore shares. The issue is priced at ₹627 - ₹660 per share. The minimum order quantity is .The IPO opens on Dec 14, 2023, and closes on Dec 18, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE, BSE.

Zerodha customers can apply online in INOX India IPO using UPI as a payment gateway. Zerodha customers can apply in INOX India IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in INOX India IPO through Zerodha (1) Visit the Zerodha website and login to Console. (2) Go to Portfolio and click the IPOs link. (3) Go to the 'INOX India IPO' row and click the 'Bid' button. (4) Enter your UPI ID, Quantity, and Price. (5) Submit IPO application form. (6) Visit the UPI App (net banking or BHIM) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.

The INOX India IPO opens on Dec 14, 2023 and closes on Dec 18, 2023.

You can apply in INOX India IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for INOX India IPO will be done on Dec 19, 2023, and the allotted shares will be credited to your demat account by Dec 19, 2023

INOX India IPO's listing date is Dec 21, 2023.

INOX India Limited

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹350(53.03%)

Premium (ELP)

₹350
(53.03%)