Inox Green Energy IPO subscription opens today: Check price band, listing date NSE and allotment date

Inox Green Energy IPO Date, Price Band, Allotment Date, Listing Date: Inox Green Energy’s initial public offering (IPO) opens on Friday for subscription. The subscription window for the IPO of the service provider company will end on November 15. The company 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 Price Band

Inox Green Energy has fixed price band of Rs 61-65 per share for its Rs 740-crore initial public offering (IPO).

The IPO is an offer for sale (OFS) of shares aggregating to Rs 370 crore by promoter Inox Wind. The IPO comprises fresh issuance of equity shares worth Rs 370 crore.

The firm has decided to allocate Rs 5.12 crore equity shares to anchor investors at the upper price band of Rs 65 per share, according to a circular uploaded on BSE's website.

The firm has raised Rs 333 crore from anchor investors ahead of its initial public offering. 

Volrado Ventures, Morgan Stanley, Nomura, Authum Investment, Saint Capital Fund, Eriska Investment Fund, Cohesion MK Best Ideas, Coeus Global Opportunities Fund, Citigroup, Dovetail India Fund, AG Dynamic, ICICI Prudential, HDFC Trustee, Aditya Birla Sun Life, Edelweiss, and JM Financial are among the anchor investors. Also read- LIVE: DCX Listing Date and Time - DCX Systems IPO stock market debut today | DCX Share Price NSE

Inox Green Energy IPO Allotment Date

Inox Green Energy allotment date is November 18.

Inox Green Energy IPO Listing Date NSE, BSE

Inox Green Energy IPO listing date is November 23, the company will be listed both in BSE and NSE.

Inox Green Energy Services is a subsidiary of Inox Wind.

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