{"id":36440,"date":"2023-12-14T11:10:44","date_gmt":"2023-12-14T05:40:44","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=36440"},"modified":"2023-12-14T14:20:43","modified_gmt":"2023-12-14T08:50:43","slug":"inox-india-limited-ipo","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/inox-india-limited-ipo\/","title":{"rendered":"Inox India Limited IPO"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"36440\" class=\"elementor elementor-36440\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-95b1b26 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"95b1b26\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-72862f4\" data-id=\"72862f4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e398586 elementor-widget elementor-widget-text-editor\" data-id=\"e398586\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Inox India\u00a0to raise up to Rs 1459.32\u00a0crore through an initial public offering. The subscription for the IPO will be open from\u00a0December 14\u00a0to December 18, 2023. The price band is set at Rs 627\u00a0\u2013 Rs 660 per share.<\/p><p>The IPO consists offer for sale of equity shares worth entire Rs 1459.32\u00a0crore. The face value is fixed at Rs 2\u00a0per share and the minimum lot size for an application is 22\u00a0shares.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-245422a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"245422a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-da2760d\" data-id=\"da2760d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fd71f59 elementor-widget elementor-widget-heading\" data-id=\"fd71f59\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Company Summary<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f3620e7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f3620e7\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-282fb4e\" data-id=\"282fb4e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1a46b8f elementor-widget elementor-widget-text-editor\" data-id=\"1a46b8f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Inox India Limited is manufactures and supplies cryogenic equipment, for Industrial Gas, LNG, Cryo Scientific.\u00a0\u00a0<\/p><ol><li>Industrial Gas: The division designs, manufactures and installs cryogenic tanks and systems for the storage, transportation and distribution of industrial gases, including green hydrogen and oxygen.<\/li><li>LNG: The division develops, manufactures, supplies and installs both standard and engineered equipment for LNG storage, distribution, and transportation, as well as small-scale LNG infrastructure solutions for industrial, marine and automotive applications.<\/li><li>Cryo Scientific: This division offers equipment and turnkey solutions for scientific and industrial research in the field of cryogenic distribution with a focus on technology-intensive applications.<\/li><\/ol><p>The product portfolio includes standard cryogenic tanks and equipment, beverage kegs, bespoke technology, equipment, and solutions as well as large-scale turnkey projects used in various industries such as industrial gases, liquefied natural gas (&#8220;LNG&#8221;), green hydrogen, energy, steel, medical and healthcare, chemicals and fertilisers, aviation and aerospace, pharmaceuticals and construction.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2ab6bcc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2ab6bcc\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4136a00\" data-id=\"4136a00\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1ccf065 elementor-widget elementor-widget-heading\" data-id=\"1ccf065\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Company Strengths<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4fc67ba elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4fc67ba\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-522d0a3\" data-id=\"522d0a3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3de27ec elementor-widget elementor-widget-text-editor\" data-id=\"3de27ec\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>IIL is a niche player in cryogenic equipment and the only player from India.\u00a0<\/li><li>It worked with ISRO for Chandrayan-3 project with major supply.<\/li><li>The company has been consistently reporting growth in its financial performances.<\/li><li>This is a not to miss opportunity in a Numero Uno player in critical segment.\u00a0<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-64e6776 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"64e6776\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4122cac\" data-id=\"4122cac\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fb5c0c9 elementor-widget elementor-widget-heading\" data-id=\"fb5c0c9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Company Financial<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d532263 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d532263\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a990811\" data-id=\"a990811\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-73dc7d7 elementor-widget elementor-widget-text-editor\" data-id=\"73dc7d7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td><p><strong>Period Ended<\/strong><\/p><\/td><td><p><strong>30 Sep 2023<\/strong><\/p><\/td><td><p><strong>31 Mar 2023<\/strong><\/p><\/td><td><p><strong>31 Mar 2022<\/strong><\/p><\/td><td><p><strong>31 Mar 2021<\/strong><\/p><\/td><\/tr><tr><td><p>Assets<\/p><\/td><td><p>1,155.81<\/p><\/td><td><p>1,148.36<\/p><\/td><td><p>896.75<\/p><\/td><td><p>687.20<\/p><\/td><\/tr><tr><td><p>Revenue<\/p><\/td><td><p>580.00<\/p><\/td><td><p>984.20<\/p><\/td><td><p>803.71<\/p><\/td><td><p>608.99<\/p><\/td><\/tr><tr><td><p>Profit After Tax<\/p><\/td><td><p>103.34<\/p><\/td><td><p>152.71<\/p><\/td><td><p>130.50<\/p><\/td><td><p>96.11<\/p><\/td><\/tr><tr><td><p>Net Worth<\/p><\/td><td><p>554.24<\/p><\/td><td><p>549.48<\/p><\/td><td><p>502.28<\/p><\/td><td><p>371.51<\/p><\/td><\/tr><tr><td><p>Total Borrowing<\/p><\/td><td><p>31.03<\/p><\/td><td><p>\u00a0<\/p><\/td><td><p>43.38<\/p><\/td><td><p>60.37<\/p><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6e3118b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6e3118b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0daf3cc\" data-id=\"0daf3cc\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-98a1348 elementor-widget elementor-widget-heading\" data-id=\"98a1348\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Purpose of the IPO<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-52dee93 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"52dee93\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-257f12a\" data-id=\"257f12a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-81323bf elementor-widget elementor-widget-text-editor\" data-id=\"81323bf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The company intends to utilize the net proceeds from the issue towards the funding of the following objects:<\/p><ul><li>Carry out the Offer for Sale of up to 22,110,955 Equity Shares by the Selling Shareholders; and<\/li><li>Achieve the benefits of listing the Equity Shares on the Stock Exchanges. Further, the Company expects that the proposed listing of its Equity Shares will enhance the visibility and brand image as well as provide a public market for the Equity Shares in India. The Selling Shareholders will be entitled to the entire Offer proceeds after deducting the Offer expenses and relevant taxes.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4fcc186 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4fcc186\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-49d0c62\" data-id=\"49d0c62\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1741b40 elementor-widget elementor-widget-heading\" data-id=\"1741b40\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Company Promoters<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-fede28b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"fede28b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-49abaa3\" data-id=\"49abaa3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a64fcfe elementor-widget elementor-widget-text-editor\" data-id=\"a64fcfe\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The Promoters of the company are Pavan Kumar Jain, Nayantara Jain, Siddharth Jain and Ishita Jain<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b49d719 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b49d719\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-48c4065\" data-id=\"48c4065\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-77545b5 elementor-widget elementor-widget-heading\" data-id=\"77545b5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">IPO Details<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-af1737a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"af1737a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ee0e344\" data-id=\"ee0e344\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-62749e8 elementor-widget elementor-widget-text-editor\" data-id=\"62749e8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td><p>IPO Date<\/p><\/td><td width=\"427\"><p>December 14, 2023 to December 18, 2023<\/p><\/td><\/tr><tr><td><p>Face Value<\/p><\/td><td width=\"427\"><p>\u20b92 per share<\/p><\/td><\/tr><tr><td><p>Price Band<\/p><\/td><td width=\"427\"><p>\u20b9627 to \u20b9660 per share<\/p><\/td><\/tr><tr><td><p>Lot Size<\/p><\/td><td width=\"427\"><p>22 Shares<\/p><\/td><\/tr><tr><td><p>Total Issue Size<\/p><\/td><td width=\"427\"><p>22,110,955 shares (aggregating up to \u20b91,459.32 Cr)<\/p><\/td><\/tr><tr><td><p>Offer for Sale<\/p><\/td><td width=\"427\"><p>22,110,955 shares of \u20b92 (aggregating up to \u20b91,459.32 Cr)<\/p><\/td><\/tr><tr><td><p>Issue Type<\/p><\/td><td width=\"427\"><p>Book Built Issue IPO<\/p><\/td><\/tr><tr><td><p>Listing At<\/p><\/td><td width=\"427\"><p>BSE, NSE<\/p><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-db38089 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"db38089\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a0ccabc\" data-id=\"a0ccabc\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-22e983e elementor-widget elementor-widget-heading\" data-id=\"22e983e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">IPO Lot Size<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-39609fd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"39609fd\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5f570b5\" data-id=\"5f570b5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-55fd19e elementor-widget elementor-widget-text-editor\" data-id=\"55fd19e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td><p><strong><b>Application<\/b><\/strong><\/p><\/td><td><p><strong><b>Lots<\/b><\/strong><\/p><\/td><td><p><strong><b>Shares<\/b><\/strong><\/p><\/td><td><p><strong><b>Amount<\/b><\/strong><\/p><\/td><\/tr><tr><td width=\"155\"><p>Retail (Minimum)<\/p><\/td><td><p>1<\/p><\/td><td><p>22<\/p><\/td><td><p>\u20b914,520<\/p><\/td><\/tr><tr><td><p>Retail (Maximum)<\/p><\/td><td><p>13<\/p><\/td><td><p>286<\/p><\/td><td><p>\u20b9188,760<\/p><\/td><\/tr><tr><td><p>Small HNI (Minimum)<\/p><\/td><td><p>14<\/p><\/td><td><p>308<\/p><\/td><td><p>\u20b9203,280<\/p><\/td><\/tr><tr><td><p>Small HNI (Maximum)<\/p><\/td><td><p>68<\/p><\/td><td><p>1,496<\/p><\/td><td><p>\u20b9987,360<\/p><\/td><\/tr><tr><td><p>Large HNI (Minimum)<\/p><\/td><td><p>69<\/p><\/td><td><p>1,518<\/p><\/td><td><p>\u20b91,001,880<\/p><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7f4dfef elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7f4dfef\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6aafe4d\" data-id=\"6aafe4d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fe0beae elementor-widget elementor-widget-heading\" data-id=\"fe0beae\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Allotment Details<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-19900f9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"19900f9\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-51a8f77\" data-id=\"51a8f77\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5903e1e elementor-widget elementor-widget-text-editor\" data-id=\"5903e1e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td><p><strong><b>Event<\/b><\/strong><\/p><\/td><td><p><strong><b>Date<\/b><\/strong><\/p><\/td><\/tr><tr><td><p>Allotment\u00a0of Shares<\/p><\/td><td><p>December 19, 2023<\/p><\/td><\/tr><tr><td><p>Initiation of Refunds<\/p><\/td><td><p>December 20, 2023<\/p><\/td><\/tr><tr><td><p>credit of Shares to Demat Account<\/p><\/td><td><p>December 20, 2023<\/p><\/td><\/tr><tr><td><p>Listing Date<\/p><\/td><td><p>December 21, 2023<\/p><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0622e8f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0622e8f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-dc44653\" data-id=\"dc44653\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7da368a elementor-widget elementor-widget-text-editor\" data-id=\"7da368a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>To check allotment,\u00a0<a href=\"https:\/\/kosmic.kfintech.com\/ipostatus\/\"><strong><u><b>click here<\/b><\/u><\/strong><\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1c79692 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1c79692\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-041afdd\" data-id=\"041afdd\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3b6b273 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"3b6b273\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/onelink.to\/449wqx\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Apply for IPO<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"Inox India\u00a0to raise up to Rs 1459.32\u00a0crore through an initial public offering. The subscription for the IPO will&hellip;","protected":false},"author":4,"featured_media":36445,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[15],"tags":[],"class_list":{"0":"post-36440","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ipos","8":"cs-entry","9":"cs-video-wrap"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Inox India Limited IPO - Flattrade Kosh<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flattrade.in\/kosh\/inox-india-limited-ipo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inox India Limited IPO - Flattrade Kosh\" \/>\n<meta property=\"og:description\" content=\"Inox India\u00a0to raise up to Rs 1459.32\u00a0crore through an initial public offering. 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