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Inox Green Energy IPO

Open 11th Nov 2022 · Close 15th Nov 2022 · Listing 23rd Nov 2022

Price Band₹61.00–₹65.00
Live GMPNO GMP
Subscription1.55×
Issue Size₹740.00 Cr
Allotment18th Nov 2022

At a glance

Updated 2026-08-23

Inox Green Energy is a Mainboard IPO with an issue size of ₹740.00 crore, proposed for listing on BSE, NSE. The offer opens on 11th Nov 2022 and closes on 15th Nov 2022. The issue structure includes a fresh issue of ₹370.00 crore and an offer-for-sale component of ₹370.00 crore. The current listing schedule points to 23rd Nov 2022.

Issue details

Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹740.00 Cr
Fresh issue₹370.00 Cr
Offer for sale₹370.00 Cr
Face value₹10
Price band₹61.00–₹65.00
Allotment18th Nov 2022
Listing23rd Nov 2022

Grey market

GMP page ↗
Latest GMPNO GMP
GMP / upper priceNO DATA
Est. listing₹64.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens11th Nov 2022
Closes15th Nov 2022
Allotment18th Nov 2022
Refund21st Nov 2022
Demat22nd Nov 2022
Listing23rd Nov 2022

Subscription demand

Full bidding ↗
Total1.55×

Lot size

InvestorLotsSharesAmount
Minimum Bid1230₹14,950

Company

Incorporated2012

Use of proceeds

ObjectAmount
Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the Company including redemption of Secured NCDs in full; and₹260.00 Cr
General corporate purposes₹78.69 Cr

31 Mar 2020

Assets2,339.86
Total Income172.16
Profit After Tax1.68
NET Worth96.54
Reserves and Surplus0.00
Total Borrowing1,084.92

31 Mar 2021

Assets2,692.80
Total Income186.29
Profit After Tax-27.73
NET Worth42.96
Reserves and Surplus0.00
Total Borrowing1,411.02

31 Mar 2022

Assets2,120.65
Total Income190.23
Profit After Tax-4.95
NET Worth806.63
Reserves and Surplus0.00
Total Borrowing904.17

30 Jun 2022

Assets2,127.74
Total Income63.16
Profit After Tax-11.58
NET Worth795.00
Total Borrowing909.92
Trend chart₹ crore

KPIs

KPI
Debt / Equity
RoNW

Valuation & shareholding

Pre-IPO EPS-0.25
Pre-IPO P/E-327
Promoter holding pre93.84%
Promoter holding post56.04%
Market cap₹1897.61 Cr.

Issue expenses

ExpenseAmount
Fees payable to the BRLMs (including underwriting commission, brokerage and selling commission)₹30.92 Cr
Commission/processing fee for SCSBs, Sponsor Banks and Bankers to the Offer. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, CRTAs and CDPs.₹2.63 Cr
Fees payable to the Registrar to the Offer₹0.00 Cr
Fees payable to the legal counsels for drafting of Offer related documentation and assisting the BRLMs in conducting due diligence₹7.80 Cr
Advertising and marketing expenses for the Offer₹7.97 Cr
Printing and stationery expenses for the Offer₹1.18 Cr
Other expenses: Listing fees, SEBI filing fees, Stock Exchange processing fees, book building software fees and other regulatory expenses₹4.22 Cr
Other advisors to the offer such as Statutory Auditors, for preparing the Restated Consolidated Financial Information, the Proforma Consolidated Financial Information, statement of possible special tax benefits and for furnishing confirmations and certificates for purposes of the Offer, CRISIL Limited for preparing the industry report commissioned by and paid for by our Company, fees payable to the monitoring agency etc₹3.84 Cr
Miscellaneous₹3.97 Cr

Registrar & lead managers

Registrar

MUFG Intime India Pvt.Ltd.

Lead managers

  • Dam Capital Advisors Ltd.

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.