Innomet Advanced Materials Limited

About Innomet Advanced Materials Limited

Innomet Advanced Materials Limited is a leading manufacturer specializing in Metal Powders and Tungsten Heavy Alloys, operating within the specialized field of Powder Metallurgy. The company boasts state-of-the-art infrastructure dedicated to the development and production of high-quality metal powders and tungsten heavy alloys. With a commitment to technological advancement, Innomet collaborates with renowned scientists and research organizations globally and in India. This ensures continuous innovation and development in their Powder Metallurgy (PM) products. Innomet adheres to stringent quality management standards in the manufacturing and supply of both Ferrous and Non-Ferrous Metal/Alloy Powders and Tungsten Heavy Alloy components.

Innomet Powders

Under the brand name Innomet Powders, the company offers a diverse range of metal and alloy powders produced through advanced water, air, and gas atomization processes. With over 20 distinct products in its portfolio, including Copper, Bronze, Brass, Nickel, Tin, and Stainless Steel powders, Innomet serves various industrial sectors. The company specializes in manufacturing customized grades of metal and alloy powders, tailored to specific needs and containing elements such as Iron, Copper, Nickel, Tin, Zinc, and Cobalt. This broad product range enables Innomet to meet the precise requirements of its global clientele across multiple industries.

INNOTUNG Division

The INNOTUNG division represents Innomet's Tungsten Heavy Alloy series, manufactured using cutting-edge Powder Metallurgy techniques. These high-density tungsten products are available in various forms, including bars, plates, cubes, spheres, and components, with the option for finished machining based on customer specifications. INNOTUNG products are utilized in critical applications such as Defence, Aerospace, Radiation Shielding, Sporting, and Engineering. The product line is classified into INNOTUNG 90, INNOTUNG 95, and INNOTUNG 98, reflecting different compositions and variations, including Magnetic and Non-Magnetic types. This division leverages comprehensive technology, infrastructure, and skilled personnel to deliver high-performance tungsten solutions.

Expertise and Innovation

Innomet Advanced Materials Limited stands out for its commitment to quality and innovation, driven by a team of highly respected scientists and engineers. The company's expertise extends to the production of Tungsten Copper Alloys, which are essential for applications in Electrical Contacts and Heat Management Systems. With a robust infrastructure and a dedication to continuous improvement, Innomet remains at the forefront of the metal powders and tungsten alloys industry, delivering superior products that meet the evolving needs of its diverse customer base.

Innomet Advanced Materials Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives:

1. Funding working capital requirements of the Company.
2. Funding of capital expenditure requirements of our Company towards purchase of machinery and equipment.
3. Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company, from banks and financial institutions
4. General corporate purposes.
5. Issue Expenses.