The Inox Green Energy IPO Subscription Status has started 11 November 2022 and it is also being subscribed by QIB and NII & RII. let you know that the Inox Green Energy IPO has opened on 11 November 2022 and closes on 15 November 2022. Which will be subscribed by 15 November 2022. Inox Green Energy IPO is raise fund ₹740.00 Cr funds through its Fresh Issue and Offer For Sale, in which Fresh Issue of ₹370.00 Crores and Offer Sale of ₹370.00 Crores. and Inox Green Energy IPO Price Band is Fixed ₹61 to ₹65 per share. Check Inox Green Energy IPO GMP Here.
Inox Green Energy Limited one of the major wind power operation and maintenance (“O&M”) service providers with in India. 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”) and the common infrastructure facilities on the wind farm which support the evacuation of power from such WTGs.
Inox Green Energy IPO reserved shares in this IPO, 75% for QIB and 15% for NII, and 10% for the retail category have been reserved. To know the Inox Green Energy IPO Subscription Status, you can see the below-day Subscription. You can check Inox Green Energy IPO Allotment Status here.
Inox Green Energy IPO Review :
| Details | Valuation |
|---|---|
| PAT 2022 : | ₹-4.95 Cr (March 2022) |
| Issue Price : | ₹65/ EQ (Cut Off) |
| EPS 2022 : | ₹-0.25 (March 2022) |
| PE Ratio : | -260.00 (PE Approx) |
| RoNW : | -0.61% (March 2022) |
| NAV Value : | ₹34.32 (March 2022) |
| Total Assets : | ₹2127.74 Cr (June 2022) |
| Market Cap : | ₹1527.60 Cr Approx |
| Promoter Holding : | 93.84% Pre Issue 56.04% Post Issue |
| Team Review : | ● The company one of the major wind power operation and maintenance (“O&M”) service providers with in India. ● The company PE ratio is Negative. ● The company financial performance very week. ● The company has no listed peers. ● The company promoter stake will decrease but will hold 56.04% stake after issue which is good. ● The price of this IPO is looking expensive, you can consider investing after listing. ✔ Apply Only For Long Term Investing |
Inox Green Energy IPO Subscription Status {Live Update} :
The total Inox Green Energy IPO Subscription Status subscribed 1.55x times so far, with QIB subscribed 1.05x and NII subscribed 0.47x times & RII 4.70x times and EMP 0.0x times on Day 3. {Update Time : 15 Nov 2022 05:00 Pm} (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.47x | 0.47x | 1.05x |
| NII : _________ bNII (above ₹10L): sNII (below ₹10L): | 0.05x ______ 0.02x 0.11x | 0.23x ______ 0.17x 0.35x | 0.47x ______ 0.39x 0.64x |
| RII : | 1.03x | 2.93x | 4.70x |
| EMP : | 0.0x | 0.0x | 0.0x |
| Total : | 0.46x | 0.85x | 1.55x |
Inox Green Energy IPO Net Shares Offered:
Inox Green Energy IPO is a public issue of 6,67,21,310 equity shares. The issue offers 3,63,93,442 shares to qualified institutional buyers, 1,81,96,721 shares to non-institutional investors, and 1,21,31,147 shares to retail investors.
| Category | Net EQ Offer | Amount(in Cr) |
| QIB : | 3,63,93,442 | 236.55 Cr |
| NII : ________________________ bNII (bids above ₹10L) : sNII (bids below ₹10L) : | 1,81,96,721 ______________ 1,21,31,147 60,65,574 | 118.27 Cr _______ 78.85 Cr 39.43 Cr |
| RII : | 1,21,31,147 | 78.85 Cr |
| Total : | 6,67,21,310 | 433.68 Cr |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
Inox Green Energy IPO Date & Price Band & Details :
| Issue Type : | Book Building Issue |
| IPO Open : | 11 November 2022 |
| IPO Close : | 15 November 2022 |
| IPO Size : | ₹740.00. Cr {1,13,846,154 Shares} |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹61–₹65 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹740.00. Cr {1,13,846,154 Shares} |
| Fresh Issue : | ₹370.00. Cr {56,923,077 Sharse} |
| Offer For Sale : | ₹370.00. Cr {56,923,077 Sharse} |
Inox Green Energy IPO Market Lot :
Inox Green Energy IPO Minimum Market lot is 1 Lot with 230 shares with ₹14,950 Application amount. The retail investors can apply up to 13 lots with 2990 Shares or ₹194,350 amounts.
| Application | Lot | Shares | Amount |
| Retail Minimum : | 1 | 230 | ₹14,950 |
| Retail Maximum : | 13 | 2990 | ₹194,350 |
| S-HNI Minimum : | 14 | 3,220 | ₹209,300 |
| B- HNI Minimum : | 67 | 15410 | ₹10,01,650 |
Inox Green Energy IPO Dates :
Inox Green Energy IPO Date is 11 November 2022 \nd closes on 15 November 2022. The allotment will be finalized on 18 November 2022 and the IPO may list on 23 November 2022.
| Open Date : | 09 November 2022 |
| Close Date : | 11 November 2022 |
| Allotment Date : | 18 November 2022 |
| Refund Date : | 21 November 2022 |
| Share Credit Date : | 22 November 2022 |
| Listing Date : | 23 November 2022 |
Inox Green Energy IPO Subscription Status FAQs :
How much was the total Inox Green Energy IPO Subscription Status?
The total Inox Green Energy IPO Subscription Status 1.55x times Day 3.
What is the Inox Green Energy IPO retail subscription Status?
Inox Green Energy IPO Retail Subscription 4.70x times Day 3.
How much is the Inox Green Energy IPO QIB subscription Status?
The Inox Green Energy IPO QIB subscription 1.05x times Day 3.
How much did Inox Green Energy IPO NII subscribe?
Inox Green Energy IPO NII Subscription 0.47x times Day 3.
What is Inox Green Energy IPO Allotment Date?
Inox Green Energy IPO allotment date is 18 November 2022.
What is Inox Green Energy IPO Listing Date?
Inox Green Energy IPO listing date is 23 November 2022. The IPO to list on BSE and NSE.
How to Apply the Inox Green Energy IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Inox Green Energy IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Inox Green Energy IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Inox Green Energy IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Inox Green Energy IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Inox Green Energy IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Inox Green Energy IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Inox Green Energy IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Inox Green Energy IPO GMP: Click Here Inox Green Energy IPO Details: Click Here Inox Green Energy IPO Allotment: Click Here Inox Green Energy IPO Listing: Click Here |
All Inox Green Energy IPO-related links are available here. If you want to know the details then click on Click Here Link.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.