IPO Trending
INOXGREENEQ / NSE, BSEListed
Inox Green Energy Services

Inox Green Energy Services Limited is a leading provider of wind power operation and maintenance (O&M) services in India. It is a subsidiary of Inox Wind Limited (IWL), which is listed on the NSE and BSE and is part of the Inox GFL Group. Key Highlights: Exclusive O&M Services: The company provides long-term O&M services for all wind turbine generators (WTGs) sold by IWL, with contracts typically lasting between 5 to 20 years. Specialized in Wind Farm Maintenance: Focuses on ensuring the efficient operation of wind turbine generators (WTGs) across multiple wind farm projects. Experienced Team: As of March 31, 2022, the company had 393 employees, including industry experts in WTG maintenance and wind energy. Pan-India Presence: Operates in key wind energy states such as Gujarat, Rajasthan, Maharashtra, Madhya Pradesh, Karnataka, Andhra Pradesh, Kerala, and Tamil Nadu. Steady Revenue Growth: Revenue from O&M services was ₹1,721.66 million in FY22, ₹1,722.48 million in FY21, and ₹1,653.15 million in FY20. Inox Green Energy Services plays a crucial role in India’s renewable energy sector, ensuring the smooth operation of wind power projects across the country.

₹61 - ₹651.66x sub
Listed Price₹60.00
Listing Gain-7.69%

IPO Schedule & Timeline

Bookbuilding IPO
Open11 Nov 2022
Close15 Nov 2022
Allotment18 Nov 2022
Listing23 Nov 2022

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail1,13,84,615 shares
10%
Nii(hni)1,70,76,923 shares
15%
QIB8,53,84,615 shares
75%

Minimum Application Lots

Retail1 Lot (230 shares)
₹14,950
sHNI14 Lots (3,220 shares)
₹2,09,300
bHNI67 Lots (15,410 shares)
₹10,01,650

Company Promoters

Inox Wind Limited

Company Background

Inox Green Energy Services Limited is a leading provider of wind power operation and maintenance (O&M) services in India. It is a subsidiary of Inox Wind Limited (IWL), which is listed on the NSE and BSE and is part of the Inox GFL Group. Key Highlights: Exclusive O&M Services: The company provides long-term O&M services for all wind turbine generators (WTGs...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-20)₹172.16 Cr
Growth+172.6%
Revenue Trend (₹ in Crores)
0.072.9145.8218.8Jun-22Mar-22Mar-21Mar-20
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-20172.161.682339.861084.92
Mar-21186.29-27.732692.81411.02
Mar-22190.23-4.952120.65904.17
Jun-2263.16-11.582127.74909.92

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
18 Nov 2022
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
23 Nov 2022

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Inox Green Energy Services. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization18 Nov 2022Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date23 Nov 2022Trading commences on exchange

How to Check Inox Green Energy Services Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Inox Green Energy Services from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Inox Green Energy Services IPO

Complete issue overview for Inox Green Energy Services (INOXGREEN) IPO. The issue features an equity share price band of ₹61 – ₹65 per share with a minimum retail lot size of 230 Shares (minimum application amount of ₹14,950). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions