Innomet Advanced Materials Ltd IPO

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Innomet Advanced Materials Private Limited, originally established as M/s Padmasree Enterprises in 1984 as a general engineering partnership, transitioned into a private limited company in 2019. Innomet is engaged in the manufacturing and global supply of Metal Powders and Tungsten Heavy Alloys, both critical in various industries. Through its division, Innomet Powders, the company produces over 20 types of metal and alloy powders, such as Copper, Bronze, Nickel, and Stainless-Steel powders, used in applications like Powder Metallurgy, welding, surface coatings, and diamond tools. The second division, Innotung, focuses on Tungsten Heavy Alloys (THA), supplying bars, plates, spheres, and custom components used in defense, aerospace, and radiation shielding. The company is led by promoters with vast experience in general engineering, metal/alloy powders, and Tungsten Heavy Alloys.