Inox CVA IPO | OVERVIEW, KEYDATES ,ETC.

Inox CVA IPO | moneymultiple.in

The provided information outlines details about the Inox CVA IPO (Initial Public Offering), including key dates, price band, lot size, and other relevant information. Here's a summary:



°°° Inox CVA IPO Overview:

•  Issue Period:                                           December 14, 2023, to December 18, 2023
•  Price Band:                                                   ₹627 to ₹660 per share
•  Lot Size:                                                            22 shares (minimum application)
•  Total Issue Size:                                  22,110,955 shares, aggregating up to ₹1,459.32 Crores
•  Offer for Sale:                                            Entirely an offer for sale of 2.21 crore shares
•  Listing Date:                                          Tentatively scheduled for December 21, 2023
•  Minimum Retail Investment:                     ₹14,520 (for 22 shares.

°°°Inox CVA IPO Reservation:

- QIB Shares Offered: Not more than 50% of the Net Issue

- Retail Shares Offered: Not less than 35% of the Net Issue

- NII (HNI) Shares Offered: Not less than 15% of the Net Issue



°°° Inox CVA IPO Lot Size:

- Retail (Min): 1 lot (22 shares) - ₹14,520

- Retail (Max): 13 lots (286 shares) - ₹188,760

- S-HNI (Min): 14 lots (308 shares) - ₹203,280

- S-HNI (Max): 68 lots (1,496 shares) - ₹987,360

- B-HNI (Min): 69 lots (1,518 shares) - ₹1,001,880




°°° Inox CVA IPO Company Information:

- Promoters: Pavan Kumar Jain, Nayantara Jain, Siddharth Jain, and Ishita Jain

- Share Holding Pre-Issue: 99.30%

- Share Holding Post-Issue: 75.46%

- Business Divisions:

1. Industrial Gas

2. LNG (Liquified Natural Gas)

3. Cryo Scientific




°°° Inox CVA IPO Financial Information (Restated Consolidated):

- Revenue Increase: 22.46% (FY ending March 31, 2023, compared to March 31, 2022)

- Profit After Tax Increase: 17.02%

- Market Cap: ₹5990.39 Crores

- P/E Ratio: 39.22

- ROE (Return on Equity): 27.79%

- ROCE (Return on Capital Employed): 36.53%

- EPS (Earnings Per Share): ₹16.83

- Net Worth: ₹554.24 Crores (as of September 30, 2023)




°°° Inox CVA IPO Objectives:

1. Carry out the Offer for Sale of up to 22,110,955 Equity Shares by the Selling Shareholders.

2. Achieve the benefits of listing the Equity Shares on the Stock Exchanges.




°°° Key Dates:

- Basis of Allotment: December 19, 2023

- Initiation of Refunds: December 20, 2023

- Credit of Shares to Demat: December 20, 2023

- Listing Date: December 21, 2023



°°° Note:

Always conduct thorough research and consider consulting with financial experts before making investment decisions. The IPO details provided here are based on the information available and may be subject to change.