Exchanges
BSE, NSE
Industry
Power Generation
Issue
Book building

Inox Green Energy Services IPO

₹59.10

−9.08% on listing

Listing-day close · NSE · 23 Nov 2022 · issue price ₹65

Inox Green Energy Services’ ₹740 crore IPO was priced at ₹65 a share. It listed on the NSE on 23 Nov 2022 and closed its first day at ₹59.10, down 9.08% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹740 Cr
Fresh issue
₹370 Cr
Offer for sale
₹370 Cr
Lot size
230 shares
Minimum investment
₹14,950
Face value
₹10
Registrar
MUFG Intime India

Subscription

Inox Green Energy Services IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.39×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹1,898 Cr
Debt to equity
0.99
Promoter holding
93.84% → 56.04%

From the offer documents.

Listing

Listing date
23 Nov 2022
Issue price
₹65
Open
₹60.00
High
₹64.00
Low
₹58.35
Close
₹59.10

Listing day on the NSE. The close was −9.08% on the issue price.

FAQs

When did the Inox Green Energy Services IPO open and close?

It opened on 11 Nov 2022 and closed on 15 Nov 2022.

What was the Inox Green Energy Services IPO price?

The price band was ₹61–65 a share. The final issue price was ₹65.

What is the lot size and minimum investment?

One lot is 230 shares, ₹14,950 at ₹65 a share. Retail investors apply in whole lots.

How much did Inox Green Energy Services raise?

₹740 crore: ₹370 crore of new shares and ₹370 crore offered by existing shareholders.

How many times was the Inox Green Energy Services IPO subscribed?

1.39 times overall.

How did Inox Green Energy Services list?

It listed on the NSE on 23 Nov 2022 at ₹60.00 and closed the day at ₹59.10, down 9.08% on the ₹65 issue price.

Who is the registrar of the Inox Green Energy Services IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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