IPO REVIEW: Inox India Limited IPO Close at 18th Dec.
Day 2, December 15, the IPO subscription status stands at total around 7 Times
Inox India Limited, with its decades-long expertise, continues to contribute to various industries with its cutting-edge cryogenic solutions.
Product Portfolio:
Includes cryogenic tanks, beverage kegs, bespoke technology, and large-scale turnkey projects for various industries:
- Industrial gases
- LNG
- Green hydrogen
- Energy
- Steel
- Pharmaceuticals
- Fertilizers
- Aviation, aerospace
- Construction
Supply to Customers: In the six months to September 30, 2023, and the financial years 2023, 2022, and 2021, Inox supplied equipment to 1,255 domestic and 254 international customers across its three business segments.
Major Customers: Includes Air Liquide Global E&C Solutions India Private Limited, Caribbean LNG Inc, 2G Energy Inc,
- ISRO
- Hyundai Engineering and Construction Co Ltd, and others.
Global Presence: Exported products and services to 66 countries as of September 2023, reaching places like the United States, Saudi Arabia, the Netherlands, Brazil, Korea, the United Arab Emirates, Australia, and Bangladesh.
Manufacturing Facilities: Facilities situated in Kalol, Kandla Special Economic Zone (Kandla SEZ), and Silvassa in the Union Territory of Dādra and Nagar Haveli.
Journey of Inox India Limited
1976: Establishment
- Inox India Limited starts its journey, specializing in manufacturing cryogenic equipment.
Three Divisions:
Industrial Gas Division: Designs, manufactures, and installs cryogenic tanks and systems for storing, transporting, and distributing industrial gases like green hydrogen and oxygen.
LNG Division: Develops, manufactures, supplies, and installs standard and custom equipment for LNG storage, distribution, and transportation. Offers small-scale LNG solutions for industrial, marine, and automotive applications.
Cryo Scientific Division: Provides equipment and turnkey solutions for cryogenic distribution in scientific and industrial research, focusing on technology-intensive applications.
Object of Issue Inox India Limited
- Benefitted to Share Holders only
Promoters of Inox India Limited
- Pavan Kumar Jain
- Nayantara Jain
- Siddharth Jain
- Ishita Jain
KPIS of the Inox India Limited
- P/E Ratio (Price-to-Earnings): 39.22 times the company’s earnings for each share. It’s a relatively higher valuation.
- Post P/E Ratio: 29 suggesting a lower valuation after factoring in future earnings. This could indicate potential growth.
- Market Cap (₹ Cr.): 5990.39 This is the total value of the company in the market, and it’s ₹5990.39 crores. It tells you the size of the company in the market.
- ROE (Return on Equity): 27.79% it’s a strong sign that the company efficiently uses shareholders’ money.
- ROCE (Return on Capital Employed): 36.53% ROCE is excellent, indicating highly efficient capital utilization.
- EPS (Earnings Per Share): ₹16.8 each share contributes this much to the company’s earnings.
- RoNW (Return on Net Worth): 27.79% is another strong indicator of the company’s profitability.
Summary:
- The P/E suggests a relatively higher valuation, but the Post P/E indicates a potentially more attractive valuation considering future earnings.
- The Market Cap is substantial, indicating a large size in the market.
- The ROE, ROCE, and RoNW are impressive, showcasing the company’s efficient use of both equity and capital to generate profits.
- The EPS is relatively high, indicating strong earnings on a per-share basis.
Inox India Limited Lot Size Information
Retail minimum 1 Lot come 22 Shares of ₹14,520 and
Maximum 13 Lots with 286 Shares of ₹188,760.
Opening, Closing and Listing Date of Inox India Limited
IPO Close Date: 18th Dec. (Monday)
IPO Listing Date: 21st Dec. (Thursday)
Disclaimer
What I provide here is Basic information about the Upcoming IPOs and Other Financial Information.
I am preparing for Research Analyst, So after qualifying the exam No More Disclaimer in our articles.
Right now, I am not a licensed financial advisor. The information I provide is for general informational purposes only and should not be considered as professional financial advice.
