Inox Green Energy IPO GMP, Date, Price, Allotment and Subscription Details in Hindi. Inox Green Energy IPO GMP, Allotment, Price Details.

 The IPO of Inox Green Energy IPO will open on 11 November and close on 15 November. This IPO will be worth ₹740 crore. Out of this, there will be a fresh issue of ₹ 370 crore and an offer for sale of ₹ 370 crore. The price band of this IPO will be  ₹61 to ₹65  per share and the lot size will be 230 shares. Retail investors can apply for a minimum of 1 lot of 230 shares (₹14,950) and a maximum of 13 lots of 2990 (₹194350) .

Inox Green Energy Business Details

Inox Green Energy is a leading wind power company in India providing operation and maintenance services in the wind power sector. This company is a subsidiary of Inox Wind Ltd , which is listed on the NSE and is part of the Inox GFL Group. Inox Wind is a wind turbine generator company. Inox Wind holds 93.84% stake in Inox Energy. Thus the company has a long experience in the field of green energy and is the main player in wind energy and green energy. Inox Green Energy provides operation and maintenance services for all wind turbine generators that Inox Wind Energy sells. Operation and maintenance contracts are for 5 to 20 years. Thus, Inox Green Energy is entirely dependent on its promoter, Inox Wind. 

Allotment, listing and other details

This IPO will open on 11 November and close on 15 November. Talking about other dates, November 18 can be allotment, November 21 refund, November 22 for share demat credit and  November 23 can be the listing date  . Share allotment status can be viewed on Link Intime's website. Link Intime India is the registrar of this IPO. Edelweiss Financial Services, DAM Capital Advisors, Equirus Capital Private Limited, IDBI Capital Market Services, Systematics Corporate Services are the lead managers to this IPO. This IPO will be listed on both BSE and NSE exchanges. In this issue, 75% shares have been offered to QIB, 15% to NII and 10% to retail investors. Inox Wind EnergyThis company is the promoter and after this IPO the promoter's holding will come down to 56.04% from 93.84%. The face value of this IPO will be ₹10 per share. The total number of shares in this IPO will be 113,846,154.

Inox Green Energy IPO GMP – (-3) 

Financial Information of Inox Green Ipo Energy

The company's revenue was 172 crores in FY-20, 186 crores in FY-21 and 190 crores in FY-22 and FY-22. The profit of the company was 1.68 crores in the financial year FY-20, the company was in loss in FY-21 and FY-21, this loss was -27 crores and -4.95 crores. By the end of June 2022, the company has a debt of 909 crores.

Inox Green Ipo Energy Subscription Status

This IPO has been subscribed 1.55 times till 15 November. Out of this, QIB has been subscribed 1.05 times, NII 0.47 and Retail 4.70 times.

Inox Green Energy IPO GMP, Date, Price, Allotment and Subscription Details in Hindi. Inox Green Energy IPO GMP, Allotment, Price Details. Inox Green Energy IPO GMP, Date, Price, Allotment and Subscription Details in Hindi. Inox Green Energy IPO GMP, Allotment, Price Details. Reviewed by Admin on November 25, 2022 Rating: 5

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