Key Points
Inox India IPO is completely an offer for sale (OFS) of 2.21 crore shares with a face value of Rs 2 each..
"The company's extensive product portfolio, diversified customer base, robust order book, and stable financial performance demonstrate its strong competitive position and future growth potential..
The company has fixed a price band of Rs 627-660, where investors can bid for a minimum of 22 shares in one lot...
Since the issue is completely an OFS, the Vadodara-based company will not receive any proceeds and all the funds will go to the selling shareholders.. Inox India, one of the leading cryogenic tank manufacturers, has over 30 years of experience offering solutions across the design, engineering, manufacturing, and installation of equipment and systems for cryogenic conditions...
"Inox India is well positioned to capture this global market growth with in-house technology as well as an LNG product range that includes the entire value chain..
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