What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for Inox Green Energy Services Limited IPO?

Based on the upper price band of ₹65 and current GMP of ₹0, the estimated listing price is ₹65 (approx. 0.0% gain).

What is the expected profit per lot for Inox Green Energy Services Limited IPO?

With a lot size of 230 shares and current GMP of ₹0, expected profit per retail application lot is approximately ₹0.

IPO GreyPremiumLIVE

Grey Market Intelligence

Inox Green Energy Services Limited

ListedMainboard

Capital Goods / Power · NSE / BSE

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.

Price Band

₹61 – ₹65

Issue Size

₹740 Cr

Lot Size

230 shares

GMP

—

Est. Listing

₹65

at current GMP

Subscribed

1.55x

overall

Open

11 Nov 2022

15 Nov 2022

Allotment

18 Nov 2022

Refund

19 Nov 2022

Demat Credit

20 Nov 2022

Listing

23 Nov 2022

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Inox Green Energy Services Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹00.0%

Issue Price (Upper)

₹65

Band: ₹61 – ₹65

Estimated Listing Price

₹65

Upper price + GMP

Lot Size

230 shares

Min investment ₹14,950

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	—	0.0%	₹65
30 Oct 2026	—	0.0%	₹65
29 Oct 2026	—	0.0%	₹65

About Inox Green Energy Services Limited Public Issue & Market Profile

Inox Green Energy Services Limited is bringing an initial public offering (IPO) in the Capital Goods / Power sector with an aggregate issue size of ₹740 Crores. The shares are offered at a price band of ₹61 to ₹65 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Public Issue & Pricing Context:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Basis of Allotment & Listing Timeline:

Following the close of bidding on 2022-11-15, the basis of allotment is scheduled to be finalized on 2022-11-18. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Inox Green Energy Services Limited IPO GMP today?

The latest grey market premium for Inox Green Energy Services Limited IPO is ₹0, which indicates an expected listing price of ₹65.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.