
Industrial & Financial Services · NSE / BSE
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.
Price Band
₹627 – ₹660
Issue Size
₹1459 Cr
Lot Size
22 shares
GMP
+53.0%
Est. Listing
₹1010
at current GMP
Subscribed
61.27x
overall
Open
14 Dec 2023
Close
18 Dec 2023
Allotment
19 Dec 2023
Refund
20 Dec 2023
Demat Credit
21 Dec 2023
Listing
21 Dec 2023
Designated Registrar: Kfin Technologies Limited
Allotment Date
19 Dec 2023
Basis finalization
Refunds Initiate
20 Dec 2023
Mandate release
Demat Credit
21 Dec 2023
Shares in demat
Listing Debut
21 Dec 2023
Trading begins
INOX India Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹1,459.32 Crores. The shares are offered at a price band of ₹627 to ₹660 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2023-12-18, the basis of allotment is scheduled to be finalized on 2023-12-19. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.