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 current subscription status of Inox Green Energy Services Limited IPO?

Inox Green Energy Services Limited IPO has received a total subscription of 1.55 times overall.

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 Subscription Status Allotment Status Filing Documents

Overall Subscription

1.55x

Total Demand

QIB Multiplier

1.12x

Institutions & Funds

NII / HNI

0.50x

High Net-Worth

Retail (RII)

5.01x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 1.55x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	34,153,846	38,113,530	1.12x
NIB	17,076,923	8,620,400	0.50x
HNIs(10L +)	11,384,615	4,740,990	0.42x
HNIs (2-10L)	5,692,308	3,879,410	0.68x
RETAIL	11,384,615	57,005,960	5.01x
Total	79,692,307	112,360,290	1.55x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 4.85x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	173,244	867,952	5.01x
HNIs (10L +)	1,108	554	0.50x
HNIs (2-10L)	5,303	2,652	0.50x
Total Applications	179,655	871,158	4.85x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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?

Currently, Inox Green Energy Services Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹61 to ₹65 per equity share.

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

The retail lot size is 230 shares requiring a minimum application amount of ₹14,950. Expected listing price is ₹65 per equity share.

What is the issue size and price band for Inox Green Energy Services Limited IPO?

The Inox Green Energy Services Limited IPO aggregate issue size is ₹740 Crores with an equity price band set at ₹61 to ₹65 per equity share. The retail lot size is 230 shares requiring a minimum capital outlay of approx. ₹14,950.

How can I check Inox Green Energy Services Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.55x (Retail: 5.01x, QIB: 1.12x, NII: 0.50x). You can track live multiples directly on our dedicated subscription page.

Where and when will Inox Green Energy Services Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2022-11-18. Investors can verify status using PAN card or application number.

When is the listing date for Inox Green Energy Services Limited IPO?

Inox Green Energy Services Limited shares are scheduled to list on NSE and BSE on 2022-11-23.