:::LALKAR GROUP::::

Innomet Advanced Materials Ltd

Registered Office: B-31 Bhel Ancillary Ind.Estate,Ramachandrapuram Medak, Hyderabad - 502032, Telangana, India.
Phone : +91 040 2302 1726 Fax:
Email : cs@innomet.net
Website : www.innomet.net

Initial public offering of 34,23,600 equity shares of Rs. 10/- each ("Equity Shares") of Innomet Advanced Materials Limited ("IAML" or the "Company") for cash at a price of Rs. 100/- per equity share including a share premium of Rs. 90/- per equity share (the "Issue Price"), aggregating to Rs. 34.24 crores ("The Issue"). Out of the issue 1,71,600 equity shares aggregating to Rs. 1.72 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of 32,52,000 equity shares of face value of Rs. 10/- each at a price of Rs. 100/- per equity share including a share premium of Rs. 90/- per equity share aggregating to Rs. 32.52 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.46 % and 25.13 %, respectively, of the post issue paid up equity share capital of the company.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
11-Sep-24	13-Sep-24	100.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 1200 Further Multiples of : 1200

	(Rs)	Lead Managers to the Issue
Project Cost	30.07	Expert Global Consultants Pvt Ltd
Project Financed through Current Offer	34.24
Post Issue Equity Share Capital	12.94
Issue Price	100.00

Projects

Funding working capital requirements of the company	Funding of capital expenditure requiremnts of the company towards purchase of machinery and equipment
Repaymenr or prepayment in full or in part of all or a portion of certain outstanding borrowings availed by the company from banks and financial institutions	General corporate purposes

Promoted By

Lakshmi Kanthamma Chilakapati

Saritha Devi Chilakapti

Vinay Chowdhary Chilakapati

Listing At

NSE - SME

Registrar to the Issue

No Data Available