The IPO date for Inox Green Energy has been scheduled; the IPO will open on November 11 and end on November 15. Inox Green Energy IPO will raise approximately 740 crores through an IPO that will include a fresh issue of 370 crores and an offer for sale of up to 370 crores of 10 apiece. The retail quota is 10%, the QIB quota is 75%, and the HNI quota is 15%.
Inox Green Energy Services Limited (INOX GREEN) is a leading provider of wind power operation and maintenance (“O&M”) services in India. The company’s business is focused on offering long-term O&M services for wind farm projects, specifically for wind turbine generators (“WTGs”) and the common infrastructure facilities on the wind farm that facilitate the evacuation of power from such WTGs. They are a subsidiary of Inox Wind Limited and part of the INOXGFL Group, which primarily operates in the speciality chemicals and renewable energy sectors.
WTG Operation Services, Coordination with DISCOMs, Management Systems, Predictive Maintenance, and Reactive Maintenance are among the services provided. They have 2,706 MW of wind farm capacity and 1,375 WTGs in their portfolio. They now have 1138 MW in Gujarat, 556 MW in Rajasthan, 196 MW in Maharashtra, 632 MW in Madhya Pradesh, 84 MW in Andhra Pradesh, 78 MW in Karnataka, 16 MW in Kerala, and 6 MW in Tamilnadu in their portfolio.
Objects of the Issue
- Repayment and/ or pre-payment, in full or part, of certain borrowings availed by our Company including redemption of Non- Convertible Debentures in full.
- . General corporate purposes.
Inox Green Energy IPO Review (Apply or Not)
- May Apply
Brokerage Firm IPO Review
- Arihant Capital: May Apply
Inox Green Energy IPO GMP, Date & Price Band Details
| IPO Open: | November 11, 2022 |
| IPO Close: | November 15, 2022 |
| IPO Size: | Approx ₹740 Crores |
| Fresh Issue: | Approx ₹370 Crores |
| Offer for Sale: | Approx ₹370 Crores |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹61 to ₹65 Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 10% |
| QIB Quota: | 75% |
| NII Quota: | 15% |
| Discount: | N/A |
Inox Green Energy IPO Market Lot
The Inox Green Energy IPO minimum market lot is 230 shares with ₹14,950 application amount. The retail investors can apply up-to 13 lots with 2990 shares or ₹194,350 amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 230 | ₹14,950 |
| Retail Maximum | 13 | 2990 | ₹194,350 |
| S-HNI Minimum | 14 | 3220 | ₹209,300 |
| B-HNI Minimum | 68 | 15410 | ₹1,001,650 |
Inox Green Energy IPO Allotment & Listing Dates
The Inox Green Energy IPO date is November 11 and the close date is November 15 . The Inox Green Energy IPO allotment will be finalized on November 18 and the IPO listing on November 23.
| Price Band Announcement: | November 7, 2022 |
| Anchor Investors Allotment: | November 10, 2022 |
| IPO Open Date: | November 11, 2022 |
| IPO Close Date: | November 15, 2022 |
| Basis of Allotment: | November 18, 2022 |
| Refunds: | November 21, 2022 |
| Credit to Demat Account: | November 22, 2022 |
| Inox Green Energy IPO Listing Date: | November 23, 2022 |
Inox Green Energy IPO Form
How to apply for the Inox Green Energy IPO? –> You can apply for Inox Green Energy IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Inox Green Energy IPO in the Invest section. The other option is you can apply for Inox Green Energy IPO via IPO forms downloaded via NSE and BSE. Check out the Inox Green Energy forms.
Inox Green Energy Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹172 | ₹170 | ₹1.67 |
| 2021 | ₹186 | ₹200 | ₹27.73 |
| 2022 | ₹190 | ₹195 | ₹4.95 |
Inox Green Energy IPO Valuation – FY2022
Check Inox Green Energy IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹(0.25) per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | (0.61)% |
| Net Asset Value (NAV): | ₹34.32 per Equity Share |
Peer Group
- N/A
Company Promoters
- INOX WIND LIMITED
Inox Green Energy IPO Registrar
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Phone: +91 22 4918 6200
Email: [email protected]
Website: https://www.linkintime.co.in
Company Address
INOX GREEN ENERGY SERVICES LIMITED
Survey No. 1837 & 1834 At Moje Jetalpur
ABS Towers, Second Floor
Old Padra Road, Vadodara- 390 007
Gujarat, India
Phone: +91 265 6198 111
Email: [email protected]
Website: https://www.inoxgreen.com
Inox Green Energy IPO Lead Managers
- Edelweiss Financial Services Limited
- DAM Capital Advisors Limited (Formerly IDFC Securities Limited)
- Equirus Capital Private Limited
- IDBI Capital Markets & Securities Limited
- Systematix Corporate Services Limited
Inox Green Energy IPO FAQs:
Q1. What is Inox Green Energy IPO?
Ans. Inox Green Energy IPO is a main-board IPO. They are going to raise ₹740 Crores via IPO. The issue is priced at ₹61 to ₹65 pr equity share. The IPO is to be listed on BSE & NSE.
Q2. When Inox Green Energy IPO will open?
Ans. The IPO is to open on November 11, 2022 for QIB, NII, and Retail Investors.
Q3. What is Inox Green Energy IPO Investors Portion?
Ans. The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.
Q4. How to Apply the Inox Green Energy IPO?
Ans. You can apply for Inox Green Energy IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Inox Green Energy IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Inox Green Energy”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the Inox Green Energy IPO through Upstox?
Ans. Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Inox Green Energy”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Inox Green Energy IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Inox Green Energy”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Inox Green Energy IPO Size?
Ans. Inox Green Energy IPO size is ₹740 crores.
Q9. What is Inox Green Energy IPO Price Band?
Ans. Inox Green Energy IPO Price Band is ₹61 to ₹65.
Q10. What is Inox Green Energy IPO Minimum and Maximum Lot Size?
Ans. The minimum bid is 230 Shares with ₹14,950 amount while the maximum bid is 2990 shares with ₹194,350.
Q11. What is the Inox Green Energy IPO Allotment Date?
Ans. Inox Green Energy IPO allotment date is November 18, 2022.
Q12. What is the Inox Green Energy IPO Listing Date?
Ans. Inox Green Energy IPO listing date is November 23, 2022. The IPO is to list on BSE and NSE.
