Inox green energy ipo gmp

About the Company: Inox Green Energy Services Ltd is one of the major wind power operation and maintenance (“O&M”) service providers within India. Company is engaged in the business of providing long-term O&M services for wind farm projects, specifically the provision of O&M services for wind turbine generators (“WTGs”) and the common infrastructure facilities on the wind farm which support the evacuation of power from such WTGs. Company has a stable annual income owing to the long-term O&M contracts that we enter into with our customers. Company is a subsidiary of Inox Wind Limited (“IWL”), a company which is listed on the National Stock Exchange of India Limited and BSE Limited, and part of the Inox GFL group of companies (“Inox GFL Group”). As of June 30, 2022, company’s O&M services portfolio consisted of an aggregate 2,792 MW of wind farm capacity and 1,396 wind turbine generators. About Inox Wind Limited: Company enjoy synergistic benefits as a subsidiary of Inox Wind Ltd, which is principally engaged in the business of manufacturing wind turbine generators and providing turnkey solutions by supplying wind turbine generators. Company also offers a variety of services including wind resource assessment, site acquisition, infrastructure development, EPC of WTGs, and, through our Company, providing long-term O&M services for wind power projects. Pursuant to an exclusivity agreement between IWL and our Company, we provide exclusive O&M services for all WTGs sold by IWL t...

The initial public offer (IPO) of Inox Green Energy Services was subscribed 65 per cent in the afternoon trade today. Inox Green Energy IPO received bids for 4.34 crore shares against an IPO size of 6.67 crore shares amounting to a subscription of 65 per cent on the second day of bidding. The quota for retail investors was subscribed two times of the allotted portion, while the portion set aside for non-institutional investors was subscribed 11 per cent in the afternoon session today. The subsidiary of Inox Wind launched its IPO on November 11 and plans to raise Rs 740 crore through the share sale. The issue, which closes on November 15 has a price band of Rs 60-65. The IPO comprises a fresh issue of 56,923,077 shares and an offer for sale of 56,923,077 shares, both aggregating up to Rs 370 crore. INOX wind, the promoter, will be the only seller in the OFS. The issue opened for anchor investors on November 10. The firm collected Rs 333 crore from 27 anchor investors ahead of the public issue. The wind power operation and maintenance service provider said it has finalised the allocation of 5.12 crore equity shares to anchor investors at the upper price band of Rs 65 per share. Marquee investors participated in the anchor book were Volrado Ventures, Morgan Stanley, Nomura, Authum Investment, Saint Capital Fund, Eriska Investment Fund, Cohesion MK Best Ideas, Coeus Global Opportunities Fund, Citigroup, Dovetail India Fund, AG Dynamic, ICICI Prudential, HDFC Trustee, Aditya Bi...

• Inox Green Energy Services will announce its share allotment status today on November 18. • The IPO received decent demand from investors as it was subscribed 1.55 times. • Demand from non-institutional investors was tepid as it was not fully subscribed while the retail portion however was subscribed by 4.70 times. • The IPO will be listed on November 23 on exchanges. Wind power operation and maintenance service provider Inox Green Energy Services will announce the allotment status of its initial public offering (IPO) today, November 18. The IPO was open for subscription from November 11-15. The IPO received decent demand from investors as it was subscribed just 1.55 times. The qualified institutional investors portion of the IPO was subscribed 1.05 times while that of non-institutional investors was subscribed 0.47 times. The retail portion, however, was subscribed 4.70 times. Inox Green Energy Services is raising ₹740 crore through a fresh issue of shares worth ₹370 crore and an offer for sale up to ₹370 crore. The net proceeds from the fresh issue will be utilised towards repaying debts and for general corporate purposes. The company is in the business of providing long-term operation and maintenance (O&M) services for wind farm projects, specifically the provision of O&M services for wind turbine generators (WTGs) and the common infrastructure facilities on the wind farm. Inox Green Energy Services is a subsidiary of Inox Wind, which is listed on exchanges. The grey ...

• Inox Green Energy Services will announce its share allotment status today on November 18. • The IPO received decent demand from investors as it was subscribed 1.55 times. • Demand from non-institutional investors was tepid as it was not fully subscribed while the retail portion however was subscribed by 4.70 times. • The IPO will be listed on November 23 on exchanges. Wind power operation and maintenance service provider Inox Green Energy Services will announce the allotment status of its initial public offering (IPO) today, November 18. The IPO was open for subscription from November 11-15. The IPO received decent demand from investors as it was subscribed just 1.55 times. The qualified institutional investors portion of the IPO was subscribed 1.05 times while that of non-institutional investors was subscribed 0.47 times. The retail portion, however, was subscribed 4.70 times. Inox Green Energy Services is raising ₹740 crore through a fresh issue of shares worth ₹370 crore and an offer for sale up to ₹370 crore. The net proceeds from the fresh issue will be utilised towards repaying debts and for general corporate purposes. The company is in the business of providing long-term operation and maintenance (O&M) services for wind farm projects, specifically the provision of O&M services for wind turbine generators (WTGs) and the common infrastructure facilities on the wind farm. Inox Green Energy Services is a subsidiary of Inox Wind, which is listed on exchanges. The grey ...

• • • • Inox Green Energy Services Limited, a subsidiary of Inox Wind Limited, has filed the Draft Red Herring Prospectus with SEBI to seek its approval and launch the IPO in the market. The company is one of India’s leading wind power operation and maintenance providers. It will be raising funds aggregating up to Rs. 900 crore from the public through the Inox Green Energy Services IPO. In the Inox Green Energy Services IPO Review, we will take you through the company’s operations, its offerings, promoters and management, and its financial standings from the past financial years. We will also study the entire IPO and its aspects. Face Value Rs 10 Price Band Rs. 61 to Rs. 65 per share Listing At BSE, NSE Min. Order Quantity 230 shares Listing Date Nov 23, 2022 Offer for Sale Rs.370 Crore Fresh Issue Rs.370 Crore IPO Size Rs.740 Crore Tick Size 1 Inox Green Energy Services IPO Overview Inox Green Energy Services IPO is the first public offering of the company, and hence it does not have any formal market for the equity shares of the entity. The company will be raising funds of up to Rs. 370 crore through Fresh Issue and up to Rs. 370 crore via offer for sale. The board of Inox Green Energy Services has approved the IPO to raise Rs. 740 crore. Post the IPO, the company will join its holding company, Inox Wind Limited, on the stock exchange. Inox Green Energy Services IPO Important Dates Events Date IPO Opening Date Nov 11, 2022 IPO Closing Date Nov 15, 2022 Basis of Allotment...

About Us INOX GREEN ENERGY SERVICES Limited (INOX Green) is a major wind power operation and maintenance (“O&M”) service provider within India. INOX Green is engaged in the business of providing long-term O&M services for wind farm projects, specifically the provision of O&M services for wind turbine generators (“WTGs”) and the common infrastructure facilities on the wind farm which support the evacuation of power from such WTGs. Building an innovation-led, greener ecosystem for India Our belief is that business must have motivation beyond profit. Our group's history is a story of growth & success powered by ideas, integrity and ethics. To this day, we believe integrating every partner as our very own is the only way to do business.

Review By Dilip Davda on Nov 8, 2022 •IGESL has good parentage and enjoys backing from them. •Based on its current financial data, the issue is priced at a negative P/E. •Wind Energy segment is poised for bright prospects ahead and augurs well for the company. •Well-informed investors may consider parking funds for medium to long-term rewards. ABOUT COMPANY: Inox Green Energy Services Ltd. (IGESL) - is one of the major wind power operation and maintenance ("O&M") service providers within India. It is engaged in the business of providing long-term O&M services for wind farm projects, specifically the provision of O&M services for wind turbine generators ("WTGs") and the common infrastructure facilities on the wind farm which supports the evacuation of power from such WTGs. The company has a stable annual income owing to the long-term O&M contracts that enter into with customers. IGESL is a subsidiary of Inox Wind Limited ("IWL"), a company that is listed on the National Stock Exchange of India Limited and BSE Limited, and part of the Inox GFL group of companies ("Inox GFL Group"). IGESL enjoys synergistic benefits as a subsidiary of IWL, which is principally engaged in the business of manufacturing WTGs and providing turnkey solutions by supplying WTGs and offering a variety of services including wind resource assessment, site acquisition, infrastructure development, EPC of WTGs, and, through IGESL providing long-term O&M services for wind power projects. Pursuant to an ex...

ગુજરાતી • • • • • • • New • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • Live • Live • • • • • • • • • • • • • • • • • • • Inox Green Energy IPO - APPLY or NOT? | Inox Green Energy IPO Review: The issue opens for subscription on 11th November 2022 and closes for subscription on 15th November 2022 (both days inclusive). The basis of allotment will be finalized on 18th November 2022 and the refunds will be initiated on 21st November 2022. In addition, the demat credits are expected to happen on 22nd November 2022 and the stock is scheduled to list on the NSE and the BSE on 23rd November 2022. The grey market price (GMP) trading normally starts about 4-5 days prior to IPO opening and continues till the listing date. In the case of Inox Green Energy Services Ltd, we already have GMP data for the last 4 days, which should give a reasonable picture of the likely listing performance. Read: There are 2 factors that impact the GMP. Firstly, the market conditions have a deep impact on the GMP, which includes the levels of the Nifty and Sensex as well as the general IPO market and macro conditions. Secondly, the extent of subscription for the IPO across the retail and the QIB segments also has a deep impact on the GMP as it is indicative of investor interest in the stock. Generally, str...

ગુજરાતી • • • • • • • New • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • Live • Live • • • • • • • • • • • • • • • • • • • Inox Green Energy IPO - APPLY or NOT? | Inox Green Energy IPO Review: The issue opens for subscription on 11th November 2022 and closes for subscription on 15th November 2022 (both days inclusive). The basis of allotment will be finalized on 18th November 2022 and the refunds will be initiated on 21st November 2022. In addition, the demat credits are expected to happen on 22nd November 2022 and the stock is scheduled to list on the NSE and the BSE on 23rd November 2022. The grey market price (GMP) trading normally starts about 4-5 days prior to IPO opening and continues till the listing date. In the case of Inox Green Energy Services Ltd, we already have GMP data for the last 4 days, which should give a reasonable picture of the likely listing performance. Read: There are 2 factors that impact the GMP. Firstly, the market conditions have a deep impact on the GMP, which includes the levels of the Nifty and Sensex as well as the general IPO market and macro conditions. Secondly, the extent of subscription for the IPO across the retail and the QIB segments also has a deep impact on the GMP as it is indicative of investor interest in the stock. Generally, str...

Review By Dilip Davda on Nov 8, 2022 •IGESL has good parentage and enjoys backing from them. •Based on its current financial data, the issue is priced at a negative P/E. •Wind Energy segment is poised for bright prospects ahead and augurs well for the company. •Well-informed investors may consider parking funds for medium to long-term rewards. ABOUT COMPANY: Inox Green Energy Services Ltd. (IGESL) - is one of the major wind power operation and maintenance ("O&M") service providers within India. It is engaged in the business of providing long-term O&M services for wind farm projects, specifically the provision of O&M services for wind turbine generators ("WTGs") and the common infrastructure facilities on the wind farm which supports the evacuation of power from such WTGs. The company has a stable annual income owing to the long-term O&M contracts that enter into with customers. IGESL is a subsidiary of Inox Wind Limited ("IWL"), a company that is listed on the National Stock Exchange of India Limited and BSE Limited, and part of the Inox GFL group of companies ("Inox GFL Group"). IGESL enjoys synergistic benefits as a subsidiary of IWL, which is principally engaged in the business of manufacturing WTGs and providing turnkey solutions by supplying WTGs and offering a variety of services including wind resource assessment, site acquisition, infrastructure development, EPC of WTGs, and, through IGESL providing long-term O&M services for wind power projects. Pursuant to an ex...