Inox Green Energy Services Limited IPO
Inox Green Energy Services Limited was a mainboard IPO in the Diversified Commercial Services sector, offered at ₹61–₹65 per share to raise ₹740 crore. The issue was subscribed 1.55× overall (QIBs 1.05×, NIIs 0.47×, retail 4.7×). It listed on 23 Nov 2022 at ₹60 and closed its first day at ₹59, a listing loss of -9.1% versus the ₹65 issue price. It now trades around ₹102 (+56.6% versus the issue price).
Frequently asked questions
- How many times was the Inox Green Energy Services Limited IPO subscribed?
- The Inox Green Energy Services Limited IPO was subscribed 1.55× overall — 1.05× in the QIB category, 0.47× among non-institutional investors, 4.7× in retail.
- What were the Inox Green Energy Services Limited IPO listing gains?
- Inox Green Energy Services Limited listed on 23 Nov 2022 at ₹60, closing its first day at ₹59 — a listing loss of -9.1% versus the ₹65 issue price.
- What were the retail allotment odds for the Inox Green Energy Services Limited IPO?
- Retail was subscribed 4.7×, so a single-lot application had roughly a 21.3% chance of allotment (about 1 in 5), and allotment was finalised on 17 Nov 2022.
- What was the price band and lot size of the Inox Green Energy Services Limited IPO?
- The price band was ₹61–₹65 per share, with a minimum lot of 230 shares (₹14,950 at the upper band).
- Who were the registrar and lead manager for the Inox Green Energy Services Limited IPO?
- Link Intime India Private Limited was the registrar, and DAM Capital Advisors was the book-running lead manager.