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Inox India Aims to Raise Rs 1,459 Crore with IPO Price Band of Rs 627-660

Inox India Aims to Raise Rs 1,459 Crore with IPO Price Band of Rs 627-660 - Inox India, a manufacturer of cryogenic storage tanks, has established the price range for its upcoming IPO at Rs 627-660 per share. The company.

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Inox India sets the price band for IPO at Rs 627-660/share, aiming to raise Rs 1,459 crore

Inox India sets the price band for IPO at Rs 627-660/share, aiming to raise Rs 1,459 crore
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INOX India IPO check price band important dates lot size and grey markey premium details

The IPO subscription period is scheduled from December 14 to December 18, and the allocation to anchor investors will take place on December 13.

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Cryogenics Manufacturer Inox India IPO: Check Price Band, Lot Size, Listing Date

Founded in 1976, Inox India focuses mainly in the manufacturing of cryogenic equipment. The company’s business includes in three segments: Industrial Gas, Liquified Natural Gas, and Cryo Scientific.

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Inox India IPO: Inox India to launch IPO on December 14 Check details

The issue is completely an offer for sale (OFS) of 2.21 crore shares with a face value of Rs 2 each. There is no fresh issue segment in the IPO. Under the OFS, Siddharth Jain, Pavan Kumar Jain, Nayantara Jain, Ishita Jain, Manju Jain, Lata Rungta, among others, will offload shares.

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