INOX India Limited IPO
INOX India Limited was a mainboard IPO in the Other Industrial Products sector, offered at ₹627–₹660 per share to raise ₹1,459 crore. The issue was subscribed 61.28× overall (QIBs 147.8×, NIIs 53.2×, retail 15.3×). It listed on 21 Dec 2023 at ₹950 and closed its first day at ₹940, a listing gain of +42.4% versus the ₹660 issue price. It now trades around ₹1,860 (+181.8% versus the issue price).
Frequently asked questions
- How many times was the INOX India Limited IPO subscribed?
- The INOX India Limited IPO was subscribed 61.28× overall — 147.8× in the QIB category, 53.2× among non-institutional investors, 15.3× in retail.
- What were the INOX India Limited IPO listing gains?
- INOX India Limited listed on 21 Dec 2023 at ₹950, closing its first day at ₹940 — a listing gain of +42.4% versus the ₹660 issue price.
- What were the retail allotment odds for the INOX India Limited IPO?
- Retail was subscribed 15.3×, so a single-lot application had roughly a 6.5% chance of allotment (about 1 in 15), and allotment was finalised on 19 Dec 2023.
- What was the price band and lot size of the INOX India Limited IPO?
- The price band was ₹627–₹660 per share, with a minimum lot of 22 shares (₹14,520 at the upper band).
- Who were the registrar and lead manager for the INOX India Limited IPO?
- KFin Technologies Limited was the registrar, and ICICI Securities was the book-running lead manager.