Inox cva ipo | inox ipo

 Inox cva ipo | inox ipo 

 


1. Inox CVA IPO:


Dates:

Open: December 14, 2023

Close: December 18, 2023

Tentative listing date: December 21, 2023

Price: ₹627 to ₹660 per share

Minimum Lot Size: 22 shares

IPO Size: ₹1,459.32 Cr.



Details abouts inox cva ipo 


Inox India Limited is a company that manufactures and supplies cryogenic equipment, such as storage tanks, vaporizers, transport tanks, and gas distribution systems. The company is a part of the Inox Group, which also operates in the sectors of wind energy, movies, and leisure1.


The company has filed for an initial public offering (IPO) to raise funds from the market. The IPO is an offer for sale of 2.21 crore shares by the promoters and existing shareholders, at a price band of ₹627 to ₹660 per share2. The IPO will open on December 14, 2023 and close on December 18, 20233. The company plans to use the proceeds from the IPO for general corporate purposes and to enhance its brand visibility4.


The company claims to be the largest cryogenic equipment supplier in India, with a market share of 65% in terms of revenue in FY215. The company also exports its products to over 100 countries, and has a global market share of 12% in terms of revenue in FY215. The company’s revenue grew at a compound annual growth rate (CAGR) of 17.6% from FY19 to FY21, while its profit after tax grew at a CAGR of 28.6% in the same period5.


The company faces competition from other domestic and international players in the cryogenic equipment industry, such as Linde Engineering India, Cryolor Asia Pacific, and Chart Industries5. The company also faces risks such as fluctuations in raw material prices, dependence on a few customers, and regulatory changes in the markets where it operates5.


If you are interested in investing in the Inox India IPO, you can check the details on this website or this website. You can also read the news articles and analysis about the IPO to get more insights. Please note that investing in IPOs involves risks and uncertainties, and you should do your own research before making any decision. I am not a financial advisor and I cannot give you any advice on investing.




Inox Ltd manufacturing cryogenic equipment , 

So let's discuss what is cryogenic equipment, 

Cryogenic equipment is used to produce, store, and handle materials at very low temperatures, such as liquid nitrogen, helium, oxygen, and other gases . Cryogenic equipment includes devices such as storage tanks, vaporizers, refrigerators, temperature controllers, valves, and cylinders  Cryogenic equipment has various applications in industries such as aerospace, healthcare, electronics, and energy production .For example, cryogenic equipment can be used to freeze and preserve biological samples, test superconducting magnets, cool down electronic components, and liquefy natural gas



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