74  Total SME IPOs listed in 2025

3,229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Inox Green Energy Services IPO (Inox Green Energy Services Limited IPO) Detail

Inox Green Energy Services IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 740.00 Cr. The company is based in Vadodara and caters to Power And Energy sector. Idbi Capital Market Services , Dam Capital Advisors (Formerly Idfc Securities ) , Edelweiss Financial Services , Equirus Capital are the merchant bankers of Inox Green Energy Services IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 17th June 2022.

Inox Green Energy Services IPO open date is 11th November 2022 and close date is 15th November 2022. IPO Allotment Date is 18th November 2022 and Listing date is 23rd November 2022.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 740.00 Cr. Avg IPO Size (Sector Based) : ₹ 3,279.05 cr.
  • Sector: Power And Energy IPO so far: 20
  • Merchant Banker: Idbi Capital IPO by BRLM so far: 30
  • City: Vadodara IPO so far: 7
  • Revenue (annualised): ₹ 252.64 cr.
            PAT: (annualised): ₹ -46.32 cr. Read Financial Information >>
  • PE Ratio: 0.00x Average Sector PE Ratio: 19.22x

Inox Green Energy Services IPO Date

Date of DRHP:
17th June 2022
IPO Open Date:
11th November 2022
IPO Close Date:
15th November 2022
IPO Allotment Date:
18th November 2022
Initiation of Refund:
21st November 2022
IPO Listing Date:
23rd November 2022

Inox Green IPO Info, Size, Subscription

Inox Green Energy Services IPO size is ₹ 740.00 Cr. with IPO price of ₹ 65.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 740.00 Cr.

Issue Price:
₹ 65.00

Market Capitalisation :
₹ 1897.61 Cr.

PE multiple :
0.00

Subscription :
1.55 times

Pre Issue Promoter Holding :
93.84 %

Post Issue Promoter Holding :
56.04 %

Inox Green Energy Services IPO Information

Sub Sector : power operation and maintenance
Inox Green Energy Services Limited is a major provider of wind power operation and maintenance (O&M) services within India, specializing in long-term O&M services for wind farm projects. These services include maintaining wind turbine generators (WTGs) and the common infrastructure facilities that support the evacuation of power from these WTGs. The company benefits from stable annual income through long-term O&M contracts with its customers. It operates as a subsidiary of Inox Wind Limited (IWL), which is listed on the National Stock Exchange of India Limited and BSE Limited, and is part of the Inox GFL group of companies. The company’s subsidiaries are involved in power generation from renewable sources, with Nani Virani Wind Energy Private Limited being the only subsidiary to have commenced power generation
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Object of Issue (Inox Green IPO Objectives)

  • Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the Company including redemption of Non- Convertible Debentures in full
  • General Corporate Purposes

Idbi Capital Market Services Limited is the book-running lead manager of the Inox Green Energy Services IPO. Link Intime India Private Limited is the Registrar for Inox Green Energy Services IPO.

Inox Green Energy Services IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Inox Green Energy Services IPO?

Inox Green Energy Services IPO, based in Vadodara, operates in the   Power And Energy sector with a focus on power operation and maintenance. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Inox Green Energy Services IPO size is ₹ 740.00 Cr. with fresh issue size of ₹ 370.00 Cr. and Offer for sale being ₹ 370.00Cr.

When is Inox Green IPO allotment?

The IPO allotment date for Inox Green Energy Services IPO is expected to be 18th November 2022, after the finalization of basis of allotment. Investors can check Inox Green Energy Services IPO allotment status on the registrars website, Link Intime India Private Limited . Inox Green Energy Services IPO refund dates are 21st November 2022.

When is Inox Green Energy Services IPO listing date?

Inox Green Energy Services IPO is expected to be listed on 23rd November 2022.

What is the price band for Inox Green IPO?

The upper price band for the Inox Green Energy Services IPO is set at ₹ 65.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Inox Green Energy Services IPO Review?

For IPO analysis on Inox Green Energy Services 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.

How to Apply for Inox Green Energy Services IPO?

To apply for the Inox Green Energy Services 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 15th November 2022. After submission, funds are blocked until the basis of allotment of Inox Green Energy Services IPO is finalised.

Who is the merchant banker of Inox Green IPO?

The merchant banker for Inox Green Energy Services IPO is Idbi Capital Market Services Limited , Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , Edelweiss Financial Services Limited , Equirus Capital Private Limited . Idbi Capital Market Services Limited , Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , Edelweiss Financial Services Limited , Equirus Capital Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Inox Green Energy Services IPO RHP for further details.

Who is the Registrar of Inox Green Energy Services IPO?

The registrar for Inox Green Energy Services IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Inox Green Energy Services IPO through their official website or helpline.

What is the Inox Green Energy Services IPO subscription?

Inox Green Energy Services IPO was subscribed 1.55 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Inox Green Energy Services IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Inox Green Energy Services Financial Review Page

Inox Green Energy Services IPO subscription was 1.55 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.

Inox Green Energy Services IPO listed at a listing price of 59.10 against the offer price of 65.00.

The current market price of Inox Green Energy Services is 169.90.

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