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Inox India IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 1459.32 Cr. The company is based in Vadodara and caters to Engineering - Heavy Machinery sector. Axis Capital , ICICI Securities are the merchant bankers of Inox India IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th August 2023.
Inox India IPO open date is 14th December 2023 and close date is 18th December 2023. IPO Allotment Date is 19th December 2023 and Listing date is 21st December 2023.
IPO
Size:
₹ 1459.32 Cr.
Avg IPO Size (Sector Based)
: ₹
786.94 cr.
Sector: Engineering - Heavy Machinery
IPO so far:
7
Merchant Banker:
Axis Capital
IPO by BRLM so far:
161
City:
Vadodara
IPO so far:
7
Revenue (annualised):
₹
1160.00
cr. 
PE
Ratio:
14.31x
Average Sector PE Ratio: 18.03x
Inox India IPO size is ₹ 1459.32 Cr. with IPO price of ₹ 660.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Capital Limited is the book-running lead manager of the Inox India IPO. Kfin Technologies Limited is the Registrar for Inox India IPO.
Inox India IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Inox India IPO, based in Vadodara, operates in the Engineering - Heavy Machinery sector with a focus on cryogenic equipments. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Inox India IPO size is ₹ 1459.32 Cr. with fresh issue size of ₹ 1459.32 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Inox India IPO is expected to be 19th December 2023, after the finalization of basis of allotment. Investors can check Inox India IPO allotment status on the registrars website, Kfin Technologies Limited . Inox India IPO refund dates are 20th December 2023.
Inox India IPO is expected to be listed on 21st December 2023.
The upper price band for the Inox India IPO is set at ₹ 660.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Inox India IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Inox India IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 18th December 2023. After submission, funds are blocked until the basis of allotment of Inox India IPO is finalised.
The merchant banker for Inox India IPO is Axis Capital Limited , ICICI Securities Limited . Axis Capital Limited , ICICI Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Inox India IPO RHP for further details.
The registrar for Inox India IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Inox India IPO through their official website or helpline.
Inox India IPO was subscribed 61.28 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 1459.32 Cr.
Avg IPO Size (Sector Based)
:
₹ 786.94 Cr.
Sector: Engineering - Heavy Machinery
IPO so far:
7
Merchant Banker:
Axis Capital
IPO by BRLM so far:
161
City:
Vadodara
IPO so far:
7
Revenue (annualised):
₹ 1,129.22 cr.
PE
Ratio:
14.31x
Average Sector PE Ratio: 18.03x
Inox India IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Inox India Financial Review Page
Merchant Banker(s) of Inox India IPO: Axis Capital Limited , ICICI Securities Limited
Inox India IPO subscription was 61.28 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Inox India IPO listed at a listing price of 939.90 against the offer price of 660.00.
The current market price of Inox India is 1179.30.
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