Inox India IPO: Things To Know Before Subscribing To Rs 1,459 crore Issue


Inox India, a manufacturer of cryogenic storage tanks, is hitting the primary market with its initial public offering (IPO) to raise Rs 1,459 crore.

The IPO comprises only an offer for sale (OFS) of over 2 crore equity shares, a day after the launch of the public issues of Doms Industries and India Shelter Finance Corporation. The anchor book of the offer will open for a day on December 13, while the last day for subscription to the IPO will be December 18.

It must be highlighted that there is no listed company in India or overseas that is of a comparable size, from the same industry and with a similar business model.

Moneycontrol parsed through its red herring prospectus, and sums up the company’s management, finances and pitch in five charts. Watch here to know more –