| IPO date | 11 Nov 2022 – 15 Nov 2022 |
| Listing date | 23 Nov 2022 |
| Price range | 61 – 65 |
| Minimum order quantity | 230 | (D)RHP | View |
Inox Green Energy Services Limited is a major wind power operation and maintenance (O&M) service provider in India. It provides long-term (5-20 years) O&M services for wind farm projects (specifically the provision of O&M services for wind turbine generators (WTGs)).
These contracts cover O&M services to both WTGs installed on a wind farm and the common infrastructure facilities, such as electrical substations and transmission lines, which support the wind farm.
It provides exclusive O&M services for all WTGs manufactured and sold by Inox Wind Limited (IWL), its listed parent company.
As of June 30, 2022, its O&M services portfolio consisted of an aggregate of 2,792 MW of wind farm capacity and 1,396 WTGs.
Financial Snapshot
| Period Ended | Revenue (₹ Crores) | EBITDA (₹ Crores) | PAT (₹ Crores) | Total Assets (₹ Crores) |
| June 30, 2022 | 63.16 | 18.93 | -11.58 | 2127.74 |
| March 31, 2022 | 190.23 | 100.26 | -4.95 | 2120.65 |
| March 31, 2021 | 186.29 | 77.27 | -27.33 | 2692.8 |
| March 31, 2020 | 172.16 | 95.35 | 1.68 | 2339.86 |
IPO Schedule
| Issue Period | 11th November to 15th November 2022 |
| Finalization of Allotment | 18th November 2022 |
| Initiation of Refunds | 21st November 2022 |
| Credit of Shares | 22nd November 2022 |
| Date of Listing | 23rd November 2022 |
| Mandate end date | 30th November 2022 |
| Anchor Investors Lock-In End Date | 15th December 2022 |
How do I apply to the Inox Green Energy Services Limited IPO?
You can apply for the Inox Green Energy Services Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
Where do I check the allotment status for Inox Green Energy Services Limited IPO?
You can check the allotment status for the Inox Green Energy Services Limited IPO on the website of the Registrar and Transfer agent.
Alternatively, you can also check the allotment status on the NSE website.