Inox Green Energy Services Limited IPO

Inox Green Energy Services Limited IPO is listed on BSE and NSE, priced at ₹61–₹65 per share. The stock debuted at ₹60. The IPO had a lot size of ₹230 shares and a minimum investment of ₹14,950.

Inox Green Energy Services Limited IPO

Mainboard Listed
₹14,950 (230 Shares)
Minimum Investment
Check Allotment
IPO Dates
Nov 11, 2022 – Nov 15, 2022
Price band
₹61-65 per equity share
Minimum Investment
₹14,950
Issue size
Approx 740 Cr
Lot size
230
Allotment Date
Nov 18, 2022
Listing
Nov 23, 2022
Listing At
BSE, NSE

IPO timeline

  1. Nov 11, 2022

    Open Date

    Completed

  2. Nov 15, 2022

    Close Date

    Completed

  3. Nov 18, 2022

    Allotment Date

    Completed

  4. Nov 23, 2022

    Listing Date

    Completed

Price Summary

Last closing
180.60 (177.85%)
52 week high
279.00
52 week low
133.10
Last update

Inox Green Energy Services Limited IPO Subscription Details

View Subscription Details
QIB 1.05x
Retail 4.70x
NIIs Bids above ₹10L: 0.39x Bids below ₹10L: 0.64x NII Total: 0.47x
Retail 4.70x
Total 1.55x

Inox Green Energy Services Limited IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Inox Green Energy Services Limited IPO Essentials

Inox Green Energy Services Limited IPO Details

Inox Green Energy Services Limited IPO is priced at ₹61-65 per share with a total issue size of Approx 740 Cr. The IPO has a lot size of 230 shares and is listed on BSE and NSE.

Issue price
₹61-65 per equity share
Lot size
230 shares
Face value
₹10 Per Equity Share
Issue size
Approx 740 Cr
Listing at
BSE, NSE
List price
60.0(NSE)
Listing date
Registrar
Link Intime India Private Ltd
Lead manager
Edelweiss Financial Services Ltd,DAM Capital Advisors Ltd,Equirus Capital Private Limited,IDBI Capital Market Services Limited,Systematix Corporate Services Limited

Inox Green Energy Services Limited IPO Details

  • Retail Portion 10% (Number of Retail Applications : 49,490 Approx),
    (Number of sHNI Applications : 1,760 Approx),
    (Number of bHNI Applications : 3,530 Approx)

Inox Green Energy Services Limited IPO Documents

Inox Green Energy Services Limited IPO Analytics

Inox Green Energy Services Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Inox Green Energy Services Limited IPO Subscription Status

Inox Green Energy Services Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 36,393,442
18,196,721
12,131,147
6,065,574
12,131,147 66,721,310
Day 1 11-11-22 05:00 PM
0.47 x
0.05x
0.02x
0.11x
1.03 x 0.46 x
Day 2 14-11-22 05:00 PM
0.47 x
0.23x
0.17x
0.35x
2.93 x 0.85 x
Day 3 15-11-22 05:00 PM
1.05 x
0.47x
0.39x
0.64x
4.69 x 1.55 x

Inox Green Energy Services Limited Valuations

Earnings

EPS (Post IPO)
₹(-0.25)/-

Returns

RoNW
(-0.61)%

Data sourced from DRHP / RHP • For educational purposes only

Inox Green Energy Services Limited Financials( In Crs.)

31-Mar-22 31-Mar-21 31-Mar-20
Assets 2120.65 2692.8 2339.86
Revenue 190.23 186.29 172.16
Profit After Tax -4.95 -27.73 1.68

Inox Green Energy Services Limited Company & Offer Insights

About Inox Green Energy Services Limited

Inox Green Energy Services Limited is one of the major wind power operation and maintenance (O&M) service providers within India. The 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 Green Energy services Limited provides exclusive O&M services for all WTGs sold by IWL through the entry of long-term O&M contracts between the WTG purchaser and ourselves for terms which typically range between five to 20 years.
The 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).As of March 31, 2022, the company has a team of 393 employees including managers with extensive experience in the O&M of WTGs and the wind industry generally.
The company has a presence in Gujarat, Rajasthan, Maharashtra, Madhya Pradesh, Karnataka, Andhra Pradesh, Kerela and Tamil Nadu.
The company's total revenue (from the continuing operations i.e. the O&M business) was Rs 1,721.66 million, Rs 1,722.48 million and Rs 1,653.15 million for Fiscals 2022, 2021 and 2020, respectively.

Inox Green Energy Services Limited Promoter(s)

Inox Wind Limited is the company promoter. are the company's promoters of Inox Green Energy Services Limited.

Inox Green Energy Services Limited IPO Issue 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.

Inox Green Energy Services Limited IPO - Anchor Investors

Inox Green Energy Services mobilises Rs 333 crore from anchor investors ahead of IPO.
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 Birla Sun Life, Edelweiss, and JM Financial.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Inox Green Energy Services Limited IPO is a book-built IPO worth ₹Approx 740 Cr. The price band is ₹61–₹65 per share. The IPO opens on Nov 11, 2022 and closes on Nov 15, 2022. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.

The price band of Inox Green Energy Services Limited IPO is ₹61 to ₹65 per share.

The lot size of Inox Green Energy Services Limited IPO is 230 shares.

The minimum investment for Inox Green Energy Services Limited IPO is approximately ₹14,950 based on the upper price band .

Inox Green Energy Services Limited IPO opens on Nov 11, 2022 and closes on Nov 15, 2022.

The allotment date of Inox Green Energy Services Limited IPO is Nov 18, 2022.

Inox Green Energy Services Limited IPO is expected to be listed on Nov 23, 2022, on BSE and NSE .

Inox Green Energy Services Limited IPO listed on Nov 23, 2022. It was issued at ₹60.0(NSE) and is currently around ₹180.60 as on 14-May-2026 3:30 PM, which is approximately 177.8% versus issue price. The 52-week high is ₹279.00.

Based on listing and post-listing performance, Inox Green Energy Services Limited IPO delivered around 177.8% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Inox Green Energy Services Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Inox Green Energy Services Limited IPO valuation snapshot: P/E N/A, EPS ₹(-0.25)/-, P/B N/A, RoNW (-0.61)%, and market cap N/A.

To apply for Inox Green Energy Services Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Inox Green Energy Services Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Inox Green Energy Services Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Inox Green Energy Services Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Inox Green Energy Services Limited IPO allotment status on IPO Ji for quick and easy access.