Categories: IPO

Inox Green Energy IPO Details: IPO Open 11 November to 15 Nov, 2022 & Current GMP Today

Inox Green Energy IPO Details: IPO Open 11 November to 15 Nov, 2022 & Current GMP Today

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.

If you are interested to apply this IPO Register here click here to apply

Founded: 2012

Company Promoters & Managing Director of the Company

Promoters: Inox Wind Limited
Managing Director: Manoj Shambhu Dixit

Inox Green Energy Limited IPO Details

Issue AmountUpto Rs 740.00 Crores
IPO Open DateNov 11, 2022 to Nov 15, 2022
Face ValueRs 10 Per Share
Price BandRs 61 to 65
Lot Size230 Shares
Total Share for Sale11,38,46,152 Equity Shares
Offer TypeBook Built Offer
IPO RegistrarLink Intime India Private Limited
Issue Details

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

EventTentative Date
IPO Open Date11 November 2022
IPO Close Date15 November 2022
Time10 AM to 5 PM
Basis of Allotment Date18 November 2022
Initiation of Refunds21 November 2022
Credit of Shares to
Demat Account
22 November 2022
IPO Listing Date (Trading
Commence) NSE & BSE
23 November 2022
IPO Timeline, IPO Open Date, Listing Date, Refund Date

Inox Green Energy Limited IPO GMP Today?

Today GMP of This IPO is Rs. 10/-

Offer Breakup

CategoryAllocation
Qualify Institutional Bidders (QIB)75%
Non Institutional Byers (NIB)15%
Retail Individual Investor (RII)10%
Employee
Total100%
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

Particulars (in ₹ Crores)
As per 31 March,
202220212020
Total Assets212126932340
Total Revenue190186172
Net Profit & Loss
For The Period
After Tax
-4.95-27.721.67
Important Financial Data

Prospectus Document:

Download RHP File
Download DRHP File

Know all about this IPO

Inox Green Energy Ltd. IPO Issue Amount?

Issue Amount : Upto Rs 740.00 Crore.

What is Inox Green Energy IPO?

IPO is a main-board IPO. They are going to raise ₹ 740.00 Crores via IPO. The issue is priced at ₹ 61 to ₹ 65 per equity share. The IPO is to be listed on BSE & NSE.

Inox Green Energy IPO Open?

Friday, 11 November 2022 to Tuesday 15 November 2022.

Inox Green Energy Limited IPO Will Open?

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

The Inox Green Energy IPO Promoter Holding

Pre Issue Share Holding: %
Post Issue Share Holding: %

Company Address & Contact Info.

Registered Office: Survey No. 1837 & 1834
At Moje Jetalpur, ABS Towers, Second Floor,
Old Padra Road, Vadodara-390007,
Gujarat, India; Telephone: +91 265 6198 111
Corporate Office: Inox Towers, Plot No. 17,
Sector-16A, Noida-201301, Uttar Pradesh, India;
Telephone: +91 120 6149 600
Contact Person: Pooja Paul,Company
Secretary and Compliance Officer;
Telephone: +91120 6149600;
E-mail: investor@inoxgreen.com;
Website: www.inoxgreen.com
Corporate Identity Number: U45207GJ2012PLC070279

Inox Green Energy Limited IPO Registrar

Link Intime India Private Limited
C101,1stFloor, 247 Park L.B.S.Marg, Vikhroli (West)
Mumbai-400 083 Maharashtra, India
Telephone: +91 22 4918 6200/+91 81 0811 4949
E-mail: igesl.ipo@linkintime.co.in
Investor grievance e-mail: igesl.ipo@linkintime.co.in
Website: www.linkintime.co.in
Contact person: Shanti Gopalkrishnan
SEBI registration no.: INR000004058

How to apply on Zerodha, Inox Green Energy Ltd. IPO through Zerodha?

Zerodha customers can apply online in Tarsons Products IPO using UPI as a payment gateway. Zerodha customers can apply in Inox Green Energy Ltd. IPO by login into Zerodha Console (back office) and Select an I.P.O application form.

Steps to apply in Inox Green Energy Ltd. IPO through Zerodha.
1. Visit the Zerodha website or Kite App and login to Zerodha.
2. Go to Console area and click the IPOs link.
3. Go to the ‘Inox Green Energy Ltd. IPO’ row and click the ‘Bid’ button.
4. Enter your UPI ID, Quantity, and Price.
5. ‘Submit’ IPO application form.
6. After Successfully submitting application, Visit the UPI App and approve the mandate (Enter your UPI pin & pay the ipo amount)
7. IPO application is complete you can check status on zerodha console.

Click Here to Open Zerodha Account

Inox Green Energy Logo, Inox Green Energy Limited Logo

Recent Posts

  • Uncategorized

You Know Where are Nepal One Beautiful & Famous Country in Wolds? क्या आप जानते हैं कि विश्व का एक खूबसूरत और प्रसिद्ध देश नेपाल कहां है?

You Know Where are Nepal One Beautiful & Famous Country in Wolds? क्या आप जानते हैं कि विश्व का एक… Read More

16 hours ago
  • Business Idea

How to Setup a Manufacturing Plant of Cake Making Unit?

How to Setup a Manufacturing Plant of Cake Making Unit? How to Set Up a Cake Manufacturing Plant? Setting up… Read More

17 hours ago
  • Share Market

अडानी का शेयर बाज़ार 20% तक टुटा: Adani’s Stock Market Crash

अडानी का शेयर बाज़ार 20% तक टुटा: Adani's Stock Market Crash अडानी शेयर बाज़ार, Adani's Stock Market Crash अडानी शेयर… Read More

17 hours ago
  • Business Idea

How to Setup a Manufacturing Plant of Cake Gel?

How to Setup a Manufacturing Plant of Cake Gel? How to Set Up a Cake Gel Manufacturing Plant? Cake gel… Read More

18 hours ago
  • Business Idea

How to Setup a Plant of Cable Connectors(LUGS)?

How to Setup a Plant of Cable Connectors(LUGS)? Setting up a manufacturing plant for cable connectors (lugs) requires careful planning,… Read More

18 hours ago
  • Food Recipes

The Incredible Health Benefits of Jackfruit (Dried)? कटहल (सूखे) के अविश्वसनीय स्वास्थ्य लाभ?

The Incredible Health Benefits of Jackfruit (Dried)? कटहल (सूखे) के अविश्वसनीय स्वास्थ्य लाभ? Dried jackfruit, like its fresh counterpart, is… Read More

19 hours ago

This website uses cookies.