Inox Green Energy Subscription Status: The IPO is subscribed 1.66 times as of 15th November 2022
IPO Open: 11 to 15 November 2022.
IPO Listing: Wednesday 23, November 2022, 10:00 AM
Inox Green Energy IPO Subscription Status?
As of Last day 15th November 2022 07:00 PM IST. The IPO has been subscribe 1.66 Times.
| Category | Status |
|---|---|
| Retail Individual Investor | 5.01 Times |
| Non-Institutional Investor | 0.50 Times |
| Qualified Institutional Buyers | 1.12 Times |
| Employee | – |
| Total | 1.66 Times |
What is Inox Green Energy IPO GMP Today?
Inox Green Energy IPO GMP is₹5 as of today.
What is Inox Green Energy IPO Expected Returns?
Inox Green Energy IPO Expected Returns is10%.
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
| Date | GMP IN RS. |
|---|---|
| 15-Nov-2022 | 5 |
| 14-Nov-2022 | 5 |
| 13-Nov-2022 | 10 |
| 12-Nov-2022 | 10 |
| 11-Nov-2022 | 10 |
| 10-Nov-2022 | 10 |
| 09-Nov-2022 | 10 |
| 08-Nov-2022 | 10 |
Inox Green Energy Limited IPO Details
| Issue Amount | Upto Rs 740.00 Crores |
| IPO Open Date | Nov 11, 2022 to Nov 15, 2022 |
| Face Value | Rs 10 Per Share |
| Price Band | Rs 61 to 65 |
| Lot Size | 230 Shares |
| Total Share for Sale | 11,38,46,152 Equity Shares |
| Offer Type | Book Built Offer |
| IPO Registrar | Link Intime India Private Limited |
Inox Green Energy Ltd. IPO Timeline, IPO Open Date, Listing Date, Refund Date
| Event | Tentative Date |
|---|---|
| IPO Open Date | 11 November 2022 |
| IPO Close Date | 15 November 2022 |
| Time | 10 AM to 5 PM |
| Basis of Allotment Date | 18 November 2022 |
| Initiation of Refunds | 21 November 2022 |
| Credit of Shares to Demat Account | 22 November 2022 |
| IPO Listing Date (Trading Commence) NSE & BSE | 23 November 2022 |
Offer Breakup
| Category | Allocation |
|---|---|
| Qualify Institutional Bidders (QIB) | 75% |
| Non Institutional Byers (NIB) | 15% |
| Retail Individual Investor (RII) | 10% |
| Employee | – |
| Total | 100% |
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:
- Repayment and/ or prepayment, in full or part, of certain borrowings availed by our Company including redemption of Secured NCDs in full; and
- General corporate purposes
Important Financial Data:
For the year/period ended (₹ in Crores) Last Three Year
| Particulars (in ₹ Crores) As per 31 March, | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | 2121 | 2693 | 2340 |
| Total Revenue | 190 | 186 | 172 |
| Net Profit & Loss For The Period After Tax | -4.95 | -27.72 | 1.67 |
Prospectus Document:
Download RHP File
Download DRHP File
About the company
The Inox Green Energy Limited 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.
