Indian Energy Exchange Limited IPO
Indian Energy Exchange Limited was a mainboard IPO in the Exchange and Data Platform sector, offered at ₹54.83–₹55 per share to raise ₹1,001 crore. The issue was subscribed 2.28× overall (QIBs 2.56×, NIIs 0.85×, retail 2.61×). It listed on 23 Oct 2017 at ₹50 and closed its first day at ₹54, a listing loss of -1.3% versus the ₹55 issue price. It now trades around ₹101 (+83.5% versus the issue price).
Frequently asked questions
- How many times was the Indian Energy Exchange Limited IPO subscribed?
- The Indian Energy Exchange Limited IPO was subscribed 2.28× overall — 2.56× in the QIB category, 0.85× among non-institutional investors, 2.61× in retail.
- What were the Indian Energy Exchange Limited IPO listing gains?
- Indian Energy Exchange Limited listed on 23 Oct 2017 at ₹50, closing its first day at ₹54 — a listing loss of -1.3% versus the ₹55 issue price.
- What were the retail allotment odds for the Indian Energy Exchange Limited IPO?
- Retail was subscribed 2.61×, so a single-lot application had roughly a 38.3% chance of allotment (about 1 in 3), and allotment was finalised on 17 Oct 2017.
- What was the price band and lot size of the Indian Energy Exchange Limited IPO?
- The price band was ₹54.83–₹55 per share, with a minimum lot of 9 shares (₹495 at the upper band).
- Who were the registrar and lead manager for the Indian Energy Exchange Limited IPO?
- Karvy Computershare Private Limited was the registrar, and Axis Capital was the book-running lead manager.