{"id":5394,"date":"2023-12-11T14:09:43","date_gmt":"2023-12-11T08:39:43","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=5394"},"modified":"2023-12-12T09:59:08","modified_gmt":"2023-12-12T04:29:08","slug":"inox-india-ipo-details","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/inox-india-ipo-details\/","title":{"rendered":"INOX India IPO Details - Complete Overview of INOX India Limited IPO"},"content":{"rendered":"\n<p><strong>INOX India IPO Price: <\/strong>\u20b9627 - \u20b9660<strong><br>IPO Date Range:<\/strong> Dec 14, 2023 - Dec 18, 2023<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:35%\">\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"653\" height=\"176\" src=\"https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2023\/12\/Inox-India-Logo.png\" alt=\"INOX India IPO\n\" class=\"wp-image-5395\" style=\"aspect-ratio:2.150537634408602\" srcset=\"https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2023\/12\/Inox-India-Logo.png 653w, https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2023\/12\/Inox-India-Logo-150x40.png 150w\" sizes=\"(max-width: 653px) 100vw, 653px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:65%\">\n<h2 class=\"wp-block-heading\"> Foundation &amp; Business Essence:<\/h2>\n\n\n\n<p>Established in December 1976, Inox India Limited specializes in supplying cryogenic equipment. Offering comprehensive solutions for equipment and systems functioning in cryogenic environments, the company covers design, engineering, manufacturing, and installation services.<\/p>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Product Portfolio:<\/h2>\n\n\n\n<p>The company offers an extensive array of products and services, encompassing cryogenic tanks and equipment, beverage kegs, customized technology solutions, and comprehensive turnkey projects. These offerings cater to diverse industries including industrial gases, liquefied natural gas (LNG), green hydrogen, energy, steel, medical and healthcare, chemicals and fertilizers, aviation and aerospace, pharmaceuticals, and construction.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Network and Presence<\/h2>\n\n\n\n<p>Inox India operates three manufacturing facilities situated in key locations: Kalol in Gujarat, the Kandla Special Economic Zone (\"Kandla SEZ\") in Gujarat, and Silvassa in the Union Territory of Dadra and Nagar Haveli. Their equipment and systems have catered to more than 1,201 domestic customers and over 228 international clients across these three divisions.<\/p>\n\n\n\n<p>Moreover, the company has forged a robust international customer network, presently exporting products and delivering services to 66 countries worldwide.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Strengths<\/h2>\n\n\n\n<p>The company prides itself as a leading Indian supplier and exporter of cryogenic equipment and solutions, offering:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A comprehensive portfolio of specialized cryogenic equipment designed to meet stringent global quality standards.<\/li>\n\n\n\n<li>A diverse customer base spanning domestic and international markets across various industry sectors.<\/li>\n\n\n\n<li>A committed focus on product development and engineering excellence.<\/li>\n\n\n\n<li>A solid financial performance that ensures robust support for the company's growth.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading has-background has-medium-font-size\" style=\"background:linear-gradient(115deg,rgb(254,205,165) 0%,rgb(254,45,45) 50%,rgb(107,0,62) 100%);font-style:normal;font-weight:700\">Bidding Starts In<\/h2>\n\n\n\n<div class=\"wp-block-uagb-countdown uagb-block-3d225132\"><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-days\"><div class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-days\">-<\/div><div class=\"wp-block-uagb-countdown__label\">DAYS<\/div><\/div><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-hours\"><div class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-hours\">-<\/div><div class=\"wp-block-uagb-countdown__label\">HOURS<\/div><\/div><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-minutes\"><div class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-minutes\">-<\/div><div class=\"wp-block-uagb-countdown__label\">MINUTES<\/div><\/div><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-seconds\"><div class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-seconds\">-<\/div><div class=\"wp-block-uagb-countdown__label\">SECONDS<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-marketing-button uagb-marketing-btn__align-center uagb-marketing-btn__align-text-center uagb-marketing-btn__icon-after uagb-block-5217ab29 wp-block-button\"><a href=\"https:\/\/lakshmishree.com\/ipo\/\" class=\"uagb-marketing-btn__link wp-block-button__link\" target=\"_blank\" rel=\"noopener noreferrer\"><span class=\"uagb-marketing-btn__title\">APPLY NOW<\/span><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\"><path d=\"M384 320c-17.67 0-32 14.33-32 32v96H64V160h96c17.67 0 32-14.32 32-32s-14.33-32-32-32L64 96c-35.35 0-64 28.65-64 64V448c0 35.34 28.65 64 64 64h288c35.35 0 64-28.66 64-64v-96C416 334.3 401.7 320 384 320zM488 0H352c-12.94 0-24.62 7.797-29.56 19.75c-4.969 11.97-2.219 25.72 6.938 34.88L370.8 96L169.4 297.4c-12.5 12.5-12.5 32.75 0 45.25C175.6 348.9 183.8 352 192 352s16.38-3.125 22.62-9.375L416 141.3l41.38 41.38c9.156 9.141 22.88 11.84 34.88 6.938C504.2 184.6 512 172.9 512 160V24C512 10.74 501.3 0 488 0z\"><\/path><\/svg><p class=\"uagb-marketing-btn__prefix\">Dream Big, Start with an IPO. Choose Lakshmishree.<\/p><\/a><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">INOX India IPO Specifics:<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Date<\/td><td>December 14, 2023 to December 18, 2023<\/td><\/tr><tr><td>Listing Date<\/td><td>Thursday, December 21, 2023<\/td><\/tr><tr><td>Face Value<\/td><td>\u20b92 per share<\/td><\/tr><tr><td>Price Band<\/td><td>\u20b9627 to \u20b9660 per share<\/td><\/tr><tr><td>Lot Size<\/td><td>22 shares<\/td><\/tr><tr><td>Total Issue Size<\/td><td>22,110,955 shares<br>(aggregating up to \u20b91,459.32 Cr)<\/td><\/tr><tr><td>Offer For Sale<\/td><td>22,110,955 shares<br>(aggregating up to \u20b91,459.32 Cr)<\/td><\/tr><tr><td>Issue Type<\/td><td>Book Built Issue IPO<\/td><\/tr><tr><td>Listing At<\/td><td>BSE, NSE<\/td><\/tr><tr><td>Share holding pre issue<\/td><td>90,763,500<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">INOX India IPO Lot Size<\/h2>\n\n\n\n<p>Investors have the option to bid for a minimum of 22 shares, and they can increase their bids in multiples of this amount. The table below outlines the minimum and maximum investment thresholds for both retail investors and high-net-worth individuals (HNIs) in terms of shares and corresponding amounts.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Application<\/th><th>Lots<\/th><th>Shares<\/th><th>Amount<\/th><\/tr><\/thead><tbody><tr><td>Retail (Min)<\/td><td>1<\/td><td>22<\/td><td>\u20b914,520<\/td><\/tr><tr><td>Retail (Max)<\/td><td>13<\/td><td>286<\/td><td>\u20b9188,760<\/td><\/tr><tr><td>S-HNI (Min)<\/td><td>14<\/td><td>308<\/td><td>\u20b9203,280<\/td><\/tr><tr><td>S-HNI (Max)<\/td><td>68<\/td><td>1,496<\/td><td>\u20b9987,360<\/td><\/tr><tr><td>B-HNI (Min)<\/td><td>69<\/td><td>1,518<\/td><td>\u20b91,001,880<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">INOX India IPO Reservation<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>QIB Shares Offered<\/td><td>Not more than 50% of the Net Issue<\/td><\/tr><tr><td>Retail Shares Offered<\/td><td>Not less than 35% of the Net Issue<\/td><\/tr><tr><td>NII (HNI) Shares Offered<\/td><td>Not less than 15% of the Net Issue<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">INOX India IPO Timetable (Important Dates)<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Open Date<\/td><td>Thursday, December 14, 2023<\/td><\/tr><tr><td>IPO Close Date<\/td><td>Monday, December 18, 2023<\/td><\/tr><tr><td>Basis of Allotment<\/td><td>Tuesday, December 19, 2023<\/td><\/tr><tr><td>Initiation of Refunds<\/td><td>Wednesday, December 20, 2023<\/td><\/tr><tr><td>Credit of Shares to Demat<\/td><td>Wednesday, December 20, 2023<\/td><\/tr><tr><td>Listing Date<\/td><td>Thursday, December 21, 2023<\/td><\/tr><tr><td>Cut-off time for UPI mandate confirmation<\/td><td>5 PM on December 18, 2023<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"wp-block-uagb-advanced-heading uagb-block-b994fb1e\"><h2 class=\"uagb-heading-text\">Don't Miss Out!<\/h2><div class=\"uagb-separator\"><\/div><p class=\"uagb-desc-text\">Whether you're a seasoned investor or just starting out, Lakshmishree ensures you don't miss out on premier IPO opportunities. Dive into the future of investing with Lakshmishree.<\/p><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-50 is-style-fill\"><a class=\"wp-block-button__link has-vivid-red-background-color has-background has-text-align-center wp-element-button\" href=\"https:\/\/lakshmishree.com\/ipo\/\" target=\"_blank\" rel=\"noreferrer noopener\">APPLY NOW<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">INOX India Limited IPO Financial Information<\/h2>\n\n\n\n<p>Between the financial years ending on March 31, 2023, and March 31, 2022, Inox India Limited experienced a notable 22.46% increase in revenue and a 17.02% rise in profit after tax (PAT).<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Period Ended<\/th><th>31 Mar 2021<\/th><th>31 Mar 2022<\/th><th>31 Mar 2023<\/th><th>30 Sept 2023<\/th><\/tr><\/thead><tbody><tr><td>Assets<\/td><td>687.20<\/td><td>896.75<\/td><td>1148.36<\/td><td>1155.81<\/td><\/tr><tr><td>Revenue<\/td><td>608.99<\/td><td>803.71<\/td><td>984.20<\/td><td>580<\/td><\/tr><tr><td>Profit After Tax<\/td><td>96.11<\/td><td>130.50<\/td><td>152.71<\/td><td>103.34<\/td><\/tr><tr><td>Net Worth<\/td><td>371.51<\/td><td>502.28<\/td><td>549.48<\/td><td>554.24<\/td><\/tr><tr><td>Total Borrowings<\/td><td>60.37<\/td><td>43.38<\/td><td><\/td><td>31.03<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><small>Amount in \u20b9 Crore<\/small><\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Key Performance Indicator - INOX India IPO<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>KPI<\/th><th>Values<\/th><\/tr><\/thead><tbody><tr><td>P\/E (x)<\/td><td>39.22<\/td><\/tr><tr><td>Market Cap <\/td><td>\u20b9 5990.39 Cr.<\/td><\/tr><tr><td>ROE<\/td><td>27.79%<\/td><\/tr><tr><td>ROCE<\/td><td>36.53%<\/td><\/tr><tr><td>EPS (Rs)<\/td><td>16.83<\/td><\/tr><tr><td>RoNW<\/td><td>27.79%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Objects of the Issue:<\/strong><\/h2>\n\n\n\n<p>The Offer aims to achieve two primary objectives:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Conduct the Offer for Sale of up to 22,110,955 Equity Shares by the Selling Shareholders.<\/li>\n\n\n\n<li>Realize the advantages of listing the Equity Shares on the Stock Exchanges. Additionally, the Company anticipates that this listing will elevate visibility and brand recognition while establishing a public market for the Equity Shares in India. The Selling Shareholders will receive the Offer proceeds after deducting relevant expenses and taxes.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Prospectus Links:<\/strong><\/h2>\n\n\n\n<p><strong>Prospectus:<\/strong> Official documents that provide detailed information about the IPO and the company. <a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/aug-2023\/inox-india-limited-drhp_76156.html\" target=\"_blank\" rel=\"noopener\">INOX India IPO DRHP<\/a> and <a href=\"https:\/\/nsearchives.nseindia.com\/content\/equities\/IPO_RHP_INOXCVA.pdf\" target=\"_blank\" rel=\"noopener\">INOX India RHP<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Frequently Asked Questions<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-uagb-separator uagb-block-e0c8c4f4\"><div class=\"wp-block-uagb-separator__inner\" style=\"--my-background-image:\"><\/div><\/div>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1693390748634\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What is an IPO?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>An IPO, or Initial Public Offering, is the process by which a private company offers its shares to the public for the first time to raise capital.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390791940\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Why do companies go public with an IPO?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Companies go public to raise capital for expansion, reduce debt, or for other corporate purposes. It also provides liquidity to existing shareholders.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390691805\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What is the price range for the \"INOX India Limited\" IPO?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The price range for the\"INOX India Limited\" IPO is \u20b9 627 to \u20b9660 per share.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390728061\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">When will the \"INOX India Limited\" IPO be listed on the stock exchange?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The \"INOX India Limited\" IPO is expected to be listed on Thursday, 21 December 2023.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390318021\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How to apply for an IPO with Lakshmishree?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>To apply for an IPO with Lakshmishree:<br \/>Go to www.lakshmishree.com\/ipo<br \/>Select the desired IPO and fill in the required details.<br \/>Confirm your application and make the payment.<br \/>Once applied, you can track the status of your application on the platform or get in your registered Email ID.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390631857\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How can I check the subscription status of an IPO on Lakshmishree?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Log in to your Lakshmishree account and navigate to the 'IPO' section. Here, you can view live updates on the subscription status of ongoing IPOs.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>INOX India IPO Price: \u20b9627 - \u20b9660IPO Date Range: Dec 14, 2023 - Dec 18, 2023 Foundation &amp; Business Essence: Established in December 1976, Inox India Limited specializes in supplying cryogenic equipment. Offering comprehensive solutions for equipment and systems functioning in cryogenic environments, the company covers design, engineering, manufacturing, and installation services. Product Portfolio: The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5400,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[336],"tags":[],"class_list":["post-5394","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/comments?post=5394"}],"version-history":[{"count":5,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5394\/revisions"}],"predecessor-version":[{"id":5408,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5394\/revisions\/5408"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media\/5400"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media?parent=5394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=5394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=5394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}