Innomet Advanced Materials Limited was originally formed as a partnership firm under the name and style of ‘M/s. Padmasree Enterprises’ pursuant to a deed of partnership dated March 07, 1984, as amended from time to time. M/s. Padmasree Enterprises was thereafter converted into a private limited Company ‘Innomet Advanced Materials Private Limited’ pursuant to the provisions of Chapter XXI of the Companies Act, 2013 on January 29, 2019 and fresh a certificate of incorporation dated April 24, 2019 was issued by Registrar of Companies, Central Registration Centre. Subsequently, the name of the company was changed to Innomet Advanced Materials Limited upon conversion to a public limited company pursuant to a Board resolution dated September 07, 2023 and a resolution passed in the extra-ordinary general meeting of the shareholders held on September 18, 2023 and consequently a Fresh Certificate of Incorporation dated November 9, 2023 was issued by the Registrar of Companies, Hyderabad.

The company is manufacture of ‘Metal Powders & Tungsten Heavy Alloys’ comes under the gamut of ‘Powder Metallurgy’. The company has all the necessary infrastructure for the development and manufacture of Metal Powders and Tungsten Heavy Alloys. To update its self technologically, the company associates with the senior most scientists in the world and with renowned Research Organisations in India for continuous development of various Powder Metallurgy (PM) products. The company has also started/conducted in-house experiments to develop products required by the end users. The company has been found to be in conformity with the Quality Management System Standard: ISO 9001:2015 with a scope of manufacturing and supply of Ferrous & Non-Ferrous Metal/Alloy Powders and Tungsten Heavy Alloy components.

The company has 2 divisions with brand names as Innomet Powders and Innotung. Through Innomet Powders, it is global Suppliers of Metal and Alloy Powders through water, air and gas atomization processes. The Company has many products including Copper, Bronze, Brass, Nickel, Tin and Stainless-Steel Powders for several industries and specializes in manufacturing customized grades of Metal/Alloy Powders containing Iron, Copper, Nickel, Tin, Zinc and Cobalt. Innotung used in various applications such as Radiation Shielding, Boring Bars, Sporting, Dead Weights, Centre of Gravity Adjustors, Tungsten Ballast, Tungsten Collimator, Vibration Damping, Tungsten Penetrators, Pre-fragments, Tungsten Camera body, Defense and Ammunition.

Business area of the company

The company is engaged in the business of manufacture of Diamond Tools, Metal Powders (Ferrous, Non-Ferrous and their Alloys) and Tungsten Heavy Alloys.

Accreditations and certifications

• 2021: Certificate for ISO 9001:2015 has implemented Quality Management System.
• 2022: Certificate for ISO 9001:2015 has implemented Quality Management System.

History and milestones

• 1984: M/s. Padmasree Enterprises.
• 1998: Started a proprietorship called Prasad Innovations, engaged in the manufacture of Diamond Tools.
• 2005: Diversified and concentrated into Metal / Alloy powder manufacturing.
• 2010: Entered into advanced technological Tungsten Heavy Alloys space.
• 2018: MoU with IIT Madras for Development of ODS alloys.
• 2019: Conversion of Partnership firm into private Limited Company in the name and style of ‘Innomet Advanced Materials Private Limited’.
• 2020: Company has achieved a Turnover of more than Rs 1000 lakh.
• 2020: Entered into agreement with International Advanced Research Center for Powder Metallurgy and New Materials (ARCI) Hyderabad are partnering to co-develop a self-disinfecting paint namely Photocatalyst-assisted Copper Based Mineral Paint for Hospitals to fight against COVID-19.
• 2022: Company has achieved a Turnover of more than Rs 2000 lakh.
• 2023: Conversion of the company from Private Limited to Public Limited Company in the name and style of ‘Innomet Advanced Materials Limited’.