Inox Green Energy IPO Date, Review, Price, Allotment, Analysis

Inox Green Energy IPO

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.

ApplicationLot SizeSharesAmount
Retail Minimum1230₹14,950
Retail Maximum132990₹194,350
S-HNI Minimum143220₹209,300
B-HNI Minimum6815410₹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
YearRevenueExpensePAT
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

Inox Green Energy IPO FAQs

What is Inox Green Energy IPO?

Inox Green Energy IPO is a main-board IPO. They are going to raise ₹740 Crores via IPO. The issue is priced at ₹61 to ₹65 pr equity share. The IPO is to be listed on BSE & NSE.

When Inox Green Energy IPO will open?

The IPO is to open on November 11, 2022 for QIB, NII, and Retail Investors.

What is Inox Green Energy IPO Investors Portion?

The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.

How to Apply the Inox Green Energy IPO?

You can apply for Inox Green Energy IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Inox Green Energy IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Inox Green Energy”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Inox Green Energy IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Inox Green Energy”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Inox Green Energy IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Inox Green Energy”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Inox Green Energy IPO Size?

Inox Green Energy IPO size is ₹740 crores.

What is Inox Green Energy IPO Price Band?

Inox Green Energy IPO Price Band is ₹61 to ₹65.

What is Inox Green Energy IPO Minimum and Maximum Lot Size?

The minimum bid is 230 Shares with ₹14,950 amount while the maximum bid is 2990 shares with ₹194,350.

What is the Inox Green Energy IPO Allotment Date?

Inox Green Energy IPO allotment date is November 18, 2022.

What is the Inox Green Energy IPO Listing Date?

Inox Green Energy IPO listing date is November 23, 2022. The IPO is to list on BSE and NSE.

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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