Inox India, a company based in Gujarat, specializes in providing complete solutions for equipment and systems that work in extremely cold conditions known as cryogenic conditions. They are known for their expertise in everything from designing to making these specialized devices.
The company has three main sections: one for industrial gases, another for liquefied natural gas (LNG), and a third for scientific applications involving extremely low temperatures. In simple terms, they serve different industries like those dealing with gases, healthcare, green hydrogen, chemicals, energy, aviation, and more.
Key Points Regarding the Inox CVA IPO
| IPO Date | 14 December, 2023 to 18 December, 2023 |
| Price Band | Rs 627 to Rs 660 per share |
| Face Value | Rs 2 per share |
| Lot Size | 22 Shares |
| Total Issue Size | 22,110,955 shares(aggregating up to Rs 1,459.32 Cr) |
| Offer for Sale | 22,110,955 shares of Rs 2(aggregating up to Rs 1,459.32 Cr) |
| Listing Date | 21 December 2023 as per the schedule |
Inox CVA IPO Company Financials
Here’s a quick look at Inox India’s financial breakdown in terms of money (in ₹ crores ).
| Year Ended on | 30 Sep 2023 | 31 March 2023 | 31 March 2022 | 31 March 2021 |
| Assets | 1,155.81 | 1,148.36 | 896.75 | 687.20 |
| Revenue | 580.00 | 984.20 | 803.71 | 608.99 |
| Profit After Tax | 103.34 | 152.71 | 130.50 | 96.11 |
| Net Worth | 554.24 | 549.48 | 502.28 | 371.51 |
Inox CVA IPO Overview:
- Book built issue of Rs 1,459.32 crores.
- Entirely an offer for sale of 2.21 crore shares.
- Subscription Details:
- Opens for subscription on December 14, 2023, and closes on December 18, 2023.
- Allotment expected on Tuesday, December 19, 2023.
- Listing Information:
- Tentative listing date set for Thursday, December 21, 2023, on BSE and NSE.
- IPO Price Band:
- Price band: ₹627 to ₹660 per share.
- Lot Size and Investment:
- Minimum lot size for an application: 22 shares.
- Retail investors require a minimum investment of ₹14,520.
- Investment Requirements for Qualified Investors:
- sNII (Non-Institutional Investors): 14 lots (308 shares), totaling ₹203,280.
- bNII (Non-Institutional Investors): 69 lots (1,518 shares), totaling ₹1,001,880.
Company Address
Registered Office – Vadodara
INOX India Limited,
9th Floor, K P Platina, Race Course
Vadodara – 390007, Gujarat, India
+91 265 6160100
+91 265 2341449
Email : [email protected]
Website : https://inoxcva.com/
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