Indian Energy Exchange IPO Dates, Price Band, Market Lot Details

IPO Initial Public Offerings

Indian Energy Exchange is coming up with 1000 crore ipo.Indian Energy Exchange (IEX) has good revenues and PAT as per the financial shared in DRHP. They are trading in electricity products in India. IEX is an online platform for registered participants. They give options to trade in electricity products on competitive prices and variety of products. Their main products are DAM (day ahead market), TAM (term ahead market) and RECs (renewable energy certificates). As the ipo price on a higher side but the potential is on a safer side. One can expect listing gain and long term gain as well.

Indian Energy Exchange IPO Review:

  • Apply for Listing Gain & Long Term Gain

Indian Energy Exchange IPO Dates & Price Band: (Approx)

  • IPO Open: 09-October-2017
  • IPO Close: 11-October-2017
  • IPO Size: Approx Rs. 1000 Crore (Approx)
  • Face Value: Rs. 10 Per Equity Share
  • Price Band: Rs. 1645 to 1650 Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
  • Equity: 60,65,009 Shares

Indian Energy Exchange IPO Market Lot:

  • Shares: Apply for 9 Shares (Minimum Lot Size)
  • Amount: Rs.14850

Indian Energy Exchange IPO Allotment & Listing:

  • Basis of Allotment: 17-October
  • Refunds: 18-October
  • Credit to demat accounts: 18-October
  • Listing: 23-October

Indian Energy Exchange Financial:
Indian Energy Exchange (IEX) has good steady growth on the cards. They have good PAT increasing on steady around 10-15% yoy. Their assets and revenues are also increased yoy with same rate. One can expect a good results in coming years and the stock will rise above the issue price as well.

      Financial Results (Rs. in Crore)
20172016201520142013
Assets552424406369282
Revenue237200176174138
PAT114100909266

Company Promoters:

  • Financial Technologies (India) Limited
  • PTC India Financial Services Limited (PFS)

Quick Links:
DRHP Draft Prospectus

Indian Energy Exchange IPO Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: [email protected]
Website: http://karisma.karvy.com
Indian Energy Exchange IPO Lead Managers:

  • Axis Bank Limited
  • IIFL Holdings Limited
  • Kotak Mahindra Capital Company Limited

Company Address:
Indian Energy Exchange Ltd
Unit No. 3, 4, 5 and 6, Fourth Floor,
TDI Centre, Plot No. 7, District Centre,
Jasola, New Delhi 110 025
Phone: +91 11 4300 4000
Fax: +91 11 4300 4015
Email: [email protected]
Website: https://www.iexindia.com/

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