Inox Green Energy Services IPO: Review, Bid, Size, Allotment, Subscription, GMP & RHP

Inox Green Energy Services IPO:-The Draft Red Herring Prospectus for the IPO has been submitted to SEBI by Inox Green Energy Services Limited, a wholly-owned subsidiary of Inox Wind Limited. The business is among India’s top operation and maintenance services for wind farms. Through its first public offering (IPO), Inox Green Energy Services expects to raise Rs. 900 crores.

This report provides an in-depth analysis of Inox Green Energy Services, including its history, products and services, promoters and management, financial performance over the past few years and projections for the future.

Inox Green IPO Allotment Status

IPOInox Green Energy Services
Subsidiary ofInox Wind Limited
LocatedVadodara Gujarat
Expected To RaiseRs. 900 crores
Face ValueRs 10
Cash PriceNot Disclosed
Listing AtBSE, NSE
Min. Order QuantityNot Disclosed
Listing DateNot Disclosed
Offer for SaleRs.370 Crore
Fresh IssueRs.370 Crore
IPO SizeRs.740 Crore
Tick Size1
CategoryNews
Inox Green Energy Services Allotment Status

About Inox Green Energy IPO

Their firm specialises in long-term operations and maintenance for wind farm projects, notably for Wind turbine generators (WTGs) and the common infrastructure facilities on the wind farm that allow the evacuation of electricity from certain WTGs.

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Their annual revenue is stable since they have many O&M contracts with their clients. The company is a wholly owned subsidiary of Inox Wind Limited, a publicly traded company on the National Stock Exchange of India Limited and the BSE Limited as part of the Inox GFL group of enterprises.

Inox Green Energy Services IPO
Inox Green Energy Services IPO

They reap the benefits of synergy as a division of IWL, whose primary focus is manufacturing WTGs and providing turnkey solutions through the supply of WTGs.

Inox Green Energy Business Model

With an exclusive contract between IWL and their company, they provide O&M services to all WTGs provided by IWL through the channel.

The buyer of a WTG and our company enters into a long-term O&M contract, often lasting between five and twenty years. Because of this monopoly structure, IWL’s order book is a key predictor of the company’s future income and development.

INOX Green Energy IPO Financial Details

Contractual agreements for the delivery of 2 MW capacity WTGs with an aggregate capacity of 774 MW and letters of intent for its new 3.3 MW capacity WTGs with an aggregate capacity of 524.7 MW gave IWL’s consolidated order book a total capacity of 1,298.7 MW, subject to the action of legal contracts.

Brahmastra OTT Release Date

Inox Green Energy Services IPO,Size Allotment Result

A 370 Crore & 370 Crore worth IPO of equity shares in Vadodara-based Inox Green Energy Services Limited was filed with the Securities and Exchange Board of India (SEBI) on 4 February 2022 via a Draft Red Herring Prospectus (DRHP).

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Inox Green Energy Services’ initial public offering (IPO) size will be determined by combining a Fresh Issue and an Offer for Sale. Every part of this issue will be constructed using books. The BRLMs will confer with the firm and selling shareholders through the Book Building Process to establish the Inox Green Energy Services IPO Price. Each share offering has a face value of Rs. 10. NSE and BSE will host listings for the company’s stock.

Delhi Free Electricity Subsidy Form(दिल्ली फ्री बिजली फॉर्म)

The promoters named in the DRHP are offering to sell equity shares with a total value of INR 370 crore through a fresh issuance and an offer for sale (OFS). They want to raise 70 crores through a Pre-IPO placement in this offering.

Face ValueRs.10
Price BandNot Disclosed
Offer for SaleRs.370 Crore
Fresh IssueRs.370 Crore
IPO SizeRs.740 Crore

INOX Green Energy IPO Grievance and Query Contact Info

In Case of any Problem,Query & Complaint one can Contact Through Phone or Email with the Details Given below.

Registrar to the Offer
Link Intime India Private Limited
C 101, 247 Park, L.B.S. Marg
Vikhroli (West) Mumbai 400 083
Maharashtra, India
Tel: +91 22 4918 6200
E-mail:[email protected]
Website: www.linkintime.co.in
Investor Grievance E-mail:[email protected]
Contact Person:Shanti Gopalkrishnan
SEBI Registration No: INR000004058
Official WebsiteClick here
NPSCClick here