INOX India Limited
ListedMainboardIndustrial & 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
₹350
+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
Last updated 12 days ago
Overall Subscription
61.27x
Total Demand
QIB Multiplier
147.80x
Institutions & Funds
NII / HNI
53.20x
High Net-Worth
Retail (RII)
15.29x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 4,422,191 | 653,616,260 | 147.80x |
| NIB | 3,316,644 | 176,436,304 | 53.20x |
| HNIs(10L +) | 2,211,096 | 125,028,200 | 56.55x |
| HNIs (2-10L) | 1,105,548 | 51,408,104 | 46.50x |
| RETAIL | 7,738,835 | 118,324,734 | 15.29x |
| Total | 18,794,314 | 1,124,813,602 | 61.27x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 351,764 | 5,378,472 | 15.29x |
| HNIs (10L +) | 2,250 | 119,700 | 53.20x |
| HNIs (2-10L) | 10,768 | 572,858 | 53.20x |
| Total Applications | 364,782 | 6,071,030 | 16.64x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About INOX India Limited Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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.
Frequently Asked Questions
What is INOX India Limited IPO GMP today?
The latest Grey Market Premium (GMP) for INOX India Limited IPO is ₹350 per equity share. Based on the upper price band of ₹627 to ₹660 per equity share, the estimated listing price is ₹1010 (+53.0% expected listing gain).
What is the expected profit per lot for INOX India Limited IPO?
With a lot size of 22 shares and current GMP of ₹350, the expected profit per application lot is approx ₹7,700 (+53.0% gain). Minimum application cost is approx ₹14,520.
What is the issue size and price band for INOX India Limited IPO?
The INOX India Limited IPO aggregate issue size is ₹1,459.32 Crores with an equity price band set at ₹627 to ₹660 per equity share. The retail lot size is 22 shares requiring a minimum capital outlay of approx. ₹14,520.
How can I check INOX India Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 61.27x (Retail: 15.29x, QIB: 147.80x, NII: 53.20x). You can track live multiples directly on our dedicated subscription page.
Where and when will INOX India Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2023-12-19. Investors can verify status using PAN card or application number.
When is the listing date for INOX India Limited IPO?
INOX India Limited shares are scheduled to list on NSE and BSE on 2023-12-21.