Indian Energy Exchange IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 1000.73 Cr. The company is based in New Delhi and caters to Online Service Provider sector. Axis Bank , IIFL Securities , Kotak Mahindra Capital Company are the merchant bankers of Indian Energy Exchange IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 16th June 2017.
Indian Energy Exchange IPO open date is 9th October 2017 and close date is 11th October 2017. IPO Allotment Date is 30th November -0001 and Listing date is 23rd October 2017.Indian Energy Exchange IPO size is ₹ 1000.73 Cr. with IPO price of ₹ 1650.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Bank Limited is the book-running lead manager of the Indian Energy Exchange IPO. Kfin Technologies Limited is the Registrar for Indian Energy Exchange IPO.
Indian Energy Exchange IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Indian Energy Exchange IPO, based in New Delhi, operates in the Online Service Provider sector with a focus on Exchange for trading of electricity products. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Indian Energy Exchange IPO size is ₹ 1000.73 Cr. with fresh issue size of ₹ 1,001 and Offer for sale being ₹ Nil
The IPO allotment date for Indian Energy Exchange IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Indian Energy Exchange IPO allotment status on the registrars website, Kfin Technologies Limited . Indian Energy Exchange IPO refund dates are 30th November -0001.
Indian Energy Exchange IPO is expected to be listed on 23rd October 2017.
The upper price band for the Indian Energy Exchange IPO is set at ₹ 1650.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Indian Energy Exchange IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Indian Energy Exchange IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 11th October 2017. After submission, funds are blocked until the basis of allotment of Indian Energy Exchange IPO is finalised.
The merchant banker for Indian Energy Exchange IPO is Axis Bank Limited , IIFL Securities Limited , Kotak Mahindra Capital Company Limited . Axis Bank Limited , IIFL Securities Limited , Kotak Mahindra Capital Company Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Indian Energy Exchange IPO RHP for further details.
The registrar for Indian Energy Exchange IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Indian Energy Exchange IPO through their official website or helpline.
Indian Energy Exchange IPO was subscribed 2.28 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Indian Energy Exchange IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Indian Energy Exchange Financial Review Page
Merchant Banker(s) of Indian Energy Exchange IPO: Axis Bank Limited , IIFL Securities Limited , Kotak Mahindra Capital Company Limited
Indian Energy Exchange IPO subscription was 2.28 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Indian Energy Exchange IPO listed at a listing price of 1626.45 against the offer price of 1650.00.
The current market price of Indian Energy Exchange is 203.14.
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