Inox Green IPO listing price NSE, BSE: Shares make weak stock market debut; check stop loss
Inox Green Energy IPO Listing Date, Inox Green Energy IPO Listing Pirce: Inox Green Energy Services failed to make a strong debut on the bourses today, November 23. Shares of Inox Green Energy open at Rs 60.50 apiece on the Bombay Stock Exchange (BSE) and Rs 60 apiece on the National Stock Exchange (NSE) - at a discount of around 5 per cent from the issue price of Rs 65. Earlier, Zee Business Managing Editor Anil Singhvi had said that short term investors can keep a stop loss of Rs 60.
The IPO of Inox Green Energy Services, a subsidiary of Inox Wind Limited, received 1.55 times the subscription. The company received bids for 10.37 crore shares against the 6.67 crore shares on offer. Inox Wind is already listed on the NSE and BSE. Ahead of IPO, Inox Green Energy Services collected Rs 333 crore from anchor investors.
Inox Green Energy IPO Listing Date, Inox Green Energy IPO Listing Pirce: Inox Green Energy Services failed to make a strong debut on the bourses today, November 23. Shares of Inox Green Energy open at Rs 60.50 apiece on the Bombay Stock Exchange (BSE) and Rs 60 apiece on the National Stock Exchange (NSE) - at a discount of around 5 per cent from the issue price of Rs 65. Earlier, Zee Business Managing Editor Anil Singhvi had said that short term investors can keep a stop loss of Rs 60.
The IPO of Inox Green Energy Services, a subsidiary of Inox Wind Limited, received 1.55 times the subscription. The company received bids for 10.37 crore shares against the 6.67 crore shares on offer. Inox Wind is already listed on the NSE and BSE. Ahead of IPO, Inox Green Energy Services collected Rs 333 crore from anchor investors.
Latest Updates
Inox Green Energy IPO Listing
The company has a strong presence in Gujarat, Rajasthan, Maharashtra, Madhya Pradesh, Karnataka, Andhra Pradesh, Kerala and Tamil Nadu.
Inox Green Energy IPO Listing
After listing at a discount of 7.69 per cent, at Rs 60, on the NSE, the share of Inox Green Energy jumped to Rs 62.60.
Inox Green Energy IPO Listing Price BSE
Rs 60.50 i.e. at a discount of 6.92 per cent
Inox Green Energy IPO Listing Price NSE
Rs 60 i.e. at a discount of 7.69 per cent.
Inox Green Energy IPO Listing
The issue price for the IPO is Rs 65.
Inox Green Energy IPO Listing - Stop Loss By Anil Singhvi
Zee Business Managing Editor Anil Singhvi said that short-term investors can keep a stop loss of Rs 60.
Inox Green Energy IPO Listing
The listing will close to the issue price with around 5 per cent premium as this IPO is of small size, said Zee Business Managing Editor Anil Singhvi.
Inox Green Energy IPO Listing Date and Time, Expected Listing Price on NSE, BSE
ICICI Prudential, HDFC Mutual Fund, Aditya Birla Sun Life Mutual Fund, Morgan Stanley Asia, Nomura Singapore, and Citigroup Global Markets are among prominent anchor investors.
Inox Green Energy IPO Listing Date and Time, Expected Listing Price on NSE, BSE
The Inox GFL Group includes companies like Gujarat Fluorochemicals and Inox Wind.
Inox Green Energy IPO Listing Date and Time, Expected Listing Price on NSE, BSE
Link Intime India Private Limited was the registrar for Inox Green Energy IPO.
Inox Green Energy IPO Listing Date and Time, Expected Listing Price on NSE, BSE
The shares of Inox Green Energy are proposed to be listed on BSE, NSE. The special pre-open session will start at 9:45 AM today and list at 10 AM.
Inox Green Energy IPO Listing Date and Time, Expected Listing Price on NSE, BSE
Retail Individual Investors (RIIs) portion was subscribed 4.70 times, Qualified Institutional Buyers (QIBs) quota received 1.05 times subscription and non-institutional investors 47 per cent.
Inox Green Energy IPO Listing Date and Time, Expected Listing Price on NSE, BSE
The IPO had a fresh issue of up to Rs 370 crore and an offer for sale of up to Rs 370 crore.
Inox Green Energy IPO Listing Date and Time, Expected Listing Price on NSE, BSE
Inox Green is engaged in the business of providing long-term Operation and Maintenance (O&M) services for wind farm projects, specifically for wind turbine generators and common infrastructure facilities on wind farms.
Inox Green Energy IPO Listing Date and Time, Expected Listing Price on NSE, BSE
Inox Green Energy said that proceeds from the fresh issue will be used for payment of debt and general corporate purposes.