Innomet Advanced Materials Limited, originally established as 'M/s. Padmasree Enterprises' in 1984, specializes in metal powder metallurgy. The company evolved from a general engineering partnership into a public limited company, with a fresh incorporation certificate issued in November 2023. It operates through two main divisions: Innomet Powders and Innotung. Innomet Powders focuses on the global production of a diverse range of metal and alloy powders using advanced atomization processes, catering to industries such as powder metallurgy, diamond tools, and surface coatings. Innotung specializes in Tungsten Heavy Alloys, offering products in various forms for defense, aerospace, and engineering applications. The company is ISO 9001:2015 certified, emphasizing quality management in its manufacturing processes.
Innomet is expanding its market presence with an Initial Public Offering of 3,424,000 equity shares. The company's collaboration with IIT Madras on ODS alloys underscores its commitment to innovation in advanced material solutions.