Inox Green Energy IPO Details: Inox Green Energy IPO date is fixed, the IPO is to hit the market on November 11 and will close on November 15. Inox Green Energy IPO to raise around ₹740 crores via IPO that comprises fresh issue of ₹370 crores and offer for sale up to ₹370 crores of ₹10 each. The retail quota is 10%, QIB is 75%, and HNI is 15%.
Inox Green Energy Services Limited (INOX GREEN) is a major wind power operation and maintenance (“O&M”) service provider within India. The company is engaged in the business of providing long-term O&M services for wind farm projects, specifically the provision of O&M services for wind turbine generators (“WTGs”) and the common infrastructure facilities on the wind farm which support the evacuation of power from such WTGs.
They are a subsidiary company of Inox Wind Limited and are a part of the INOXGFL Group which principally operates in the specialty chemicals and renewable energy sectors. The services include WTG Operation Services, Co-ordination with DISCOM’s, Management Systems, Predictive Maintenance, and Reactive Maintenance. They have a portfolio of 2,706 MW of wind farm capacity and 1,375 WTGs. They have a current portfolio of 1138 MW in Gujarat, 556 MW in Rajasthan, 196 MW in Maharashtra, 632 MW in Madhya Pradesh, 84 MW in Andhra Pradesh, 78 MW in Karnataka, 16 MW in Kerala, and 6 MW in Tamilnadu.
Objects of the Issue
- Repayment and/ or pre-payment, in full or part, of certain borrowings availed by our Company including redemption of Non- Convertible Debentures in full.
- . General corporate purposes.
Inox Green Energy IPO Review (Apply or Not)
- May Apply
Brokerage Firm IPO Review
- Arihant Capital: May Apply
Inox Green Energy IPO Date & Price Band Details
IPO Open: | November 11, 2022 |
IPO Close: | November 15, 2022 |
IPO Size: | Approx ₹740 Crores |
Fresh Issue: | Approx ₹370 Crores |
Offer for Sale: | Approx ₹370 Crores |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹61 to ₹65 Per Share |
IPO Listing on: | BSE & NSE |
Retail Quota: | 10% |
QIB Quota: | 75% |
NII Quota: | 15% |
Discount: | N/A |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
Inox Green Energy IPO Market Lot
The Inox Green Energy IPO minimum market lot is 230 shares with ₹14,950 application amount. The retail investors can apply up-to 13 lots with 2990 shares or ₹194,350 amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 230 | ₹14,950 |
Retail Maximum | 13 | 2990 | ₹194,350 |
S-HNI Minimum | 14 | 3220 | ₹209,300 |
B-HNI Minimum | 68 | 15410 | ₹1,001,650 |
Inox Green Energy IPO Allotment & Listing Dates
The Inox Green Energy IPO date is November 11 and the close date is November 15 . The Inox Green Energy IPO allotment will be finalized on November 18 and the IPO listing on November 23.
Price Band Announcement: | November 7, 2022 |
Anchor Investors Allotment: | November 10, 2022 |
IPO Open Date: | November 11, 2022 |
IPO Close Date: | November 15, 2022 |
Basis of Allotment: | November 18, 2022 |
Refunds: | November 21, 2022 |
Credit to Demat Account: | November 22, 2022 |
Inox Green Energy IPO Listing Date: | November 23, 2022 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Inox Green Energy IPO Form
How to apply for the Inox Green Energy IPO? You can apply for Inox Green Energy IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Inox Green Energy IPO in the Invest section. The other option is you can apply for Inox Green Energy IPO via IPO forms downloaded via NSE and BSE. Check out the Inox Green Energy forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Inox Green Energy Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2020 | ₹172 | ₹170 | ₹1.67 |
2021 | ₹186 | ₹200 | ₹27.73 |
2022 | ₹190 | ₹195 | ₹4.95 |
Inox Green Energy IPO Valuation – FY2022
Check Inox Green Energy IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Earning Per Share (EPS): | ₹(0.25) per Equity Share |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | (0.61)% |
Net Asset Value (NAV): | ₹34.32 per Equity Share |
Peer Group
- N/A
Company Promoters
- INOX WIND LIMITED
Inox Green Energy IPO Registrar
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Phone: +91 22 4918 6200
Email: [email protected]
Website: www.linkintime.co.in
Inox Green Energy IPO Allotment Status Check
Check Inox Green Energy IPO allotment status on Linkintime website allotment URL. Click Here
Inox Green Energy IPO Lead Managers
- Edelweiss Financial Services Limited
- DAM Capital Advisors Limited (Formerly IDFC Securities Limited)
- Equirus Capital Private Limited
- IDBI Capital Markets & Securities Limited
- Systematix Corporate Services Limited
Company Address
INOX GREEN ENERGY SERVICES LIMITED
Survey No. 1837 & 1834 At Moje Jetalpur
ABS Towers, Second Floor
Old Padra Road, Vadodara- 390 007
Gujarat, India
Phone: +91 265 6198 111
Email: [email protected]
Website: www.inoxgreen.com
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Note: The Inox Green Energy IPO price band and date are not officially announced yet. The IPO grey market premium (Inox Green Energy IPO Premium) will be added to the IPO grey market page as it will start).
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