08 Oct 2017, 12:00 AM

Indian Energy Exchange Limited IPO

The issue of Indian Energy Exchange Limited opens on 9th October and closes on 11th October. The company is issuing shares in the price band of Rs 1,645 to Rs 1,650 per share. The offer comprises of an OFS of 60.6 lakh shares.

Issue details
IPO size: Rs Rs 1,000 crores at the upper price band
Face value: Rs 10
Retail portion: 35%
Lot size: 9 shares and in multiples thereafter
Maximum subscription amount: Rs.2,00,000
Listing on: both NSE and BSE

IPO timetable
Basis of allotment 17 Oct
Unblocking of funds 17 Oct
Credit to demat accounts 18 Oct
Listing on stock exchanges 23 Oct

To apply for an IPO follow these steps: http://bit.ly/IEX-IPO
Keep track of all the upcoming IPOs here: http://bit.ly/upcomingipos
Allotment details can be checked here: http://bit.ly/ipostatuscheck