Inox Green Energy GMP Today: Expected Return, Kostak Rate & Subject to Sauda

Inox Green Energy GMP Today: Expected Return, Kostak Rate & Subject to Sauda
If you are interested to apply this IPO Register here click here to apply

What is Inox Green Energy IPO GMP Today?

Inox Green Energy IPO GMP is ₹10 as of today.

What is Inox Green Energy IPO Expected Returns?

Inox Green Energy IPO Expected Returns is 15%.

What is Inox Green Energy IPO Kostak Rate Today?

Inox Green Energy IPO Kostak Rate is ₹- as of today.

What is Inox Green Energy IPO Subject to Sauda Today?

Inox Green Energy IPO Subject to Sauda is ₹- as of today.

Inox Green Energy Limited IPO Day by Day GMP

Inox Green Energy Limited IPO Details

Inox Green Energy Ltd. IPO Timeline, IPO Open Date, Listing Date, Refund Date

Offer Breakup

Top Stock Brokers

Objects Of The Offer:

The net proceeds of the Fresh Issue, i.e., gross proceeds of the Fresh Issue less the Offer expenses apportioned to our Company (“Net Proceeds”) are proposed to be utilised in the following manner:

1. Repayment and/ or prepayment, in full or part, of certain borrowings availed by our Company including redemption of Secured NCDs in full; and
2. General corporate purposes

Important Financial Data:

For the year/period ended (₹ in Crores) Last Three Year

Prospectus Document:

Download RHP File
Download DRHP File

About the company

Inox Green Energy Services Limited (our“Company”or the “Issuer”) was originally incorporated as ‘Inox Wind Infrastructure Services Limited’ at Vadodara, Gujarat as a public company limited by shares under the Companies Act, 1956, pursuant to a certificate of incorporation dated May 11, 2012, issued by the Registrar of Companies, Gujarat at Dadra and Nagar Haveli. Our Company commenced operations pursuant to a certificate for commencement of business dated June 14, 2012, issued by the Registrar of Companies, Gujarat at Dadra and Nagar Haveli. The name of our Company was changed to ‘Inox Green Energy Services Limited’, pursuant to a resolution of board of directors of our Company dated October 6, 2021 and a special resolution passed in extra-ordinary general meeting held on October 21, 2021, pursuant to which afresh certificate of incorporation was issued by the RoC on October 27, 2021. For details of change in the name of our Company and registered office of our Company, see “History and Certain Corporate Matters” on page 178

It is one of the major wind power operation and maintenance (“O&M”) service providers 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. It has stable annual income owing to the long-term O&M contracts that it enters into with its customers. As of June 30, 2022, IWL had entered into binding contracts for the supply of 2 MW capacity WTGs with an aggregate capacity of 964 MW. Further, IWL had also received letters of intent, which are non-binding and which therefore may not lead to execution of any form of binding contract, for its new 3.3 MW capacity WTGs with an aggregate capacity of 524.7 MW.