INOX GREEN ENERGY SERVICES LTD. IPO was launched on 11-Nov-22. Here is all you need to know about this IPO.
Incorporated in 2012, Inox Green Energy Services is one of the major wind power operation and maintenance (O&M) service providers within India. The company is a subsidiary of Inox Wind (IWL), a company which is listed, and part of the Inox-GFL group of companies. Inox Green Energy provide exclusive O&M services for all WTGs sold by IWL through the entry of long-term O&M contracts between the WTG purchaser and itself for terms which typically range between 5 to 20 years.
INOX GREEN ENERGY SERVICES LTD. IPO Details | |
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Issue Opening Date | 11-Nov-22 |
Issue Closing Date | 15-Nov-22 |
Issue Type | OFFERS FOR SALE CUM FRESH CAPITAL |
Issue Size (INR bn) | 7.4 |
Fresh Issue (No.of shares) | 56,923,076 |
Offer for Sale (No.of shares) | 56,923,076 |
Face Value (INR) | 10.00 |
IPO Price Band (INR) | 61 to 65 |
Market Lot (No.of shares) | 230 |
Min Order Quantity | 230 |
Listing At | BSE / NSE |
Pricing Method | BOOKBUILDING |
Year of Incorporation | 2012 |
Industry | POWER GENERATION & SUPPLY |
Total Issue Size (No.of shares) | 113,846,152 |
Objects Of Issue | REPAYMENT AND/ OR PRE-PAYMENT, IN FULL OR PART, OF CERTAIN BORROWINGS AVAILED BY COMPANY INCLUDING REDEMPTION OF SECURED NCDS IN FULL #GENERAL CORPORATE PURPOSES #OFFER RELATED EXPENSES APPLICABLE TO THE FRESH ISSUE TO BE BORNE BY COMPANY |
Registrar Details | LINK INTIME INDIA PVT.LTD. |
INOX GREEN ENERGY SERVICES LTD. IPO Timetable | |
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Bid/Offer Launch Date | 11-Nov-22 |
Bid/Offer Close Date | 15-Nov-22 |
Basis of Allotment Finalization Date | - |
Initiation of Refunds | - |
Credit of Shares to Demat Account | - |
Listing Date | 23-Nov-22 |
INOX GREEN ENERGY SERVICES LTD. IPO Shares Offered | |
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Category | Shares Offered |
QIB | 85,384,615 |
HNI | 17,076,922 |
Retail | 11,384,615 |
Employee | - |
Others | - |
Total | 113,846,152 |
INOX GREEN ENERGY SERVICES LTD. IPO Promoter Holding | |
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Pre Issue Share Holding | 94% |
Post Issue Share Holding | 56% |
INOX GREEN ENERGY SERVICES LTD. Overall Subscription details (Times subscribed) | |
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Category | Subscription Status |
QIB | 1.10 |
HNI | 0.49 |
Retail | 4.91 |
Employee | - |
Others | - |
Total | 1.39 |
INOX GREEN ENERGY SERVICES LTD. Date wise Subscription | |||||||
---|---|---|---|---|---|---|---|
Date | QIB | HNI | Retail | Employee | Mutual Funds | Others | Total |
Day 1 (11-Nov-22) | 0.53 | 0.05 | 1.09 | - | - | - | 0.72 |
Day 2 (14-Nov-22) | 0.53 | 0.25 | 3.12 | - | - | - | 0.95 |
Day 3 (15-Nov-22) | 1.17 | 0.50 | 5.01 | - | - | - | 1.36 |
INOX GREEN ENERGY SERVICES LTD. Financials | ||||
---|---|---|---|---|
Year Ending | - | 31-Mar-20 | 31-Mar-21 | |
Total Income | (Rs m) | - | 4,120.80 | 2,781.70 |
Total Expenditure | (Rs m) | - | 5,004.60 | 3,879.50 |
Net Profit After Tax | (Rs m) | - | - | - |
Company Address | SURVEY NO.1837 & 1834 AT MOJE JETALPUR, ABS TOWERS,2ND FLOOR, OLD PADRA ROAD, VADODARA 390007, GUJARAT |
Data Sourced from:
primedatabase.com is India's first and still the only database dedicated to the primary capital market. Started in 1989, Prime
continues to be the single source of comprehensive information on all capital market offerings.
Below is the schedule for the same:
INOX GREEN ENERGY SERVICES LTD. IPO
IPO opens on: 11-Nov-22
IPO closes on: 15-Nov-22
The lot size of INOX GREEN ENERGY SERVICES LTD. IPO is 230 shares. Investors will need to apply for a minimum order of 230 shares and in multiples thereof.
An investor can apply in INOX GREEN ENERGY SERVICES LTD. IPO online using either UPI or Application Supported by Blocked Amount (ASBA) as payment method.
While ASBA IPO application is available in the net banking section, UPI IPO application is offered by brokers who don't offer banking services.
The tentative finalization of basis of allotment for INOX GREEN ENERGY SERVICES LTD. IPO will be done on -, and the allotted shares will be credited to your demat account by -.
The tentative listing date of INOX GREEN ENERGY SERVICES LTD. IPO is scheduled for 23-Nov-22.
Shares of INOX GREEN ENERGY SERVICES LTD. are expected to list on BSE / NSE.
At present, one share of INOX GREEN ENERGY SERVICES LTD. has a face value of Rs 10.00.
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