Inox Green
CMP
168.05
-3.22 (-1.88%)
₹65
Offer Price
₹ 740.00 Cr
Issue Size
₹ 14,950
Min Investment
1.55x
Times Subscribed
230
Lot size
Time Line
-
11Nov 2022Open
-
15Nov 2022Close
-
18Nov 2022Finalisation of Basis of Allotment
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21Nov 2022Initiation of Refunds
-
22Nov 2022Transfer of Shares to Demat Account
-
23Nov 2022Listing Date
Shares Offered
Number of Times Subscribed
Day 3
15 Nov 2022
1.55x
QIB
1.05
NIB
0.47
Retail
4.70
Employee
0.00
Day 2
14 Nov 2022
0.85x
QIB
0.47
NIB
0.23
Retail
2.93
Employee
0.00
Day 1
11 Nov 2022
0.46x
QIB
0.47
NIB
0.05
Retail
1.03
Employee
0.00
Objects of the Offer
-
Exploring opportunities to expand its portfolio and scale its operations.
-
Transitioning to an asset-light model with minimal capital expenditure which it believes will result in higher EBITDA and profit margins.
-
Continuing and enhancing its focus on predictive maintenance over reactive maintenance.
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Provide analytics and asset performance forecast services.
Products & Services
-
The Company is one of the major wind power operation and maintenance ("O&M") service providers within India.
Strengths
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Strong and diverse existing portfolio base;
-
Established track record, favourable national policy support and visibility for future growth;
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Reliable cash flow supported by long-term O&M contracts with high credit quality counterparties;
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Supported and promoted by our parent company, IWL;
-
Established supply chain in place;
Company Promoters
Promoters Holding
Issue For IPO
93.84%
Pre Holding
93.84%
Post Holding
-
Top Promoters Holding
Financials
All values in Cr
| Mar-2021 | Mar-2022 | Mar-2023 | 3-Yr trend | |
|---|---|---|---|---|
| Revenue | 172.25 (4.20%) | 172.17 (-0.10%) | 254.23 (47.70%) | |
| Gross Profit | -109.05 (-842.50%) | -42.79 (60.80%) | 26.44 (161.80%) | |
| Net Income | -153.52 (-192.00%) | -93.20 (39.30%) | -19.32 (79.30%) | |
| Assets | 1,519.22 (22.40%) | 1,951.56 (28.50%) | 1,971.22 (1.00%) | |
| Liabilities | 1,509.16 (28.20%) | 1,144.92 (-24.10%) | 843.86 (-26.30%) |
Book Running Managers
- Edelweiss Financial Services Ltd
- DAM Capital Advisors Ltd
- Equirus Capital Pvt Ltd
- IDBI Capital Markets & Securities Ltd
- Systematix Corporate Services Ltd
Registrar & Transfer Agent
Link Intime India Pvt Ltd
C-101 247 Park,L B S Marg,
Vikhroli West - Mumbai-400083 Phone : 91-22-49186000 Fax: 91-22-49186060
Company Contact Information
SNo 1837 & 1834 Moje Jetalpur,ABS Tower 2nd Flr Old Padra Rd,
Vadodara - 390007 Phone : 91 2656198111 Email : Investor@inoxgreen.com www.inoxgreen.com
Offer Related Information
Initial public offering of 113,846,152** equity shares of face value of Rs. 10 each ("Equity Shares") of the company for cash at a price of Rs. 65 per equity share (including a premium of Rs. 55 per equity share) ("Offer Price") aggregating to Rs. 740.00* crores ("Offer"). The offer comprises of a fresh issue of 56,923,076** equity shares aggregating to Rs. 370.00** crores ("Fresh Issue") and an offer for sale of 56,923,076** equity shares ("Offered Shares") aggregating to Rs. 370.00** crores... More
News
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16 Nov 2022, 11:00 AM
Inox Green Energy Services IPO ends with decent subscription
-
15 Nov 2022, 17:36 PM
Inox Green Energy Services IPO subscribed 1.55 times
-
14 Nov 2022, 17:26 PM
Inox Green Energy Services IPO subscribed 85%
Inox Green FAQ's
The shares of Inox Green were first listed on the stock exchanges on June 26, 2024.
The total issue size of the Inox Green IPO was 1,10,00,000 shares, amounting to Rs. 132 crore. they
The minimum lot size for Inox Green public issue was 125 shares.
The price band of the IPO of Inox Green was Rs. 114 to Rs. 120 per equity share.
Inox Green IPO is a public issue through which the company raised approximately Rs. 132 crore by issuing around 1.1 crore equity shares to the public. After a successful IPO, the company’s shares are currently listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), where they are freely traded without restrictions.
Bigshare Services Private Limited is the registrar and share transfer agent of Inox Green IPO.
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