Inox Green Energy Services IPO
Renewable Energy - Listed on 23 November 2022
Inox Green Energy Services IPO listing summary
Inox Green Energy Services (Renewable Energy) closed its IPO window in 2022 and listed on NSE and BSE on 23 November 2022 at an upper band issue price of Rs 65, opening at Rs 59.1 for a listing gain of -9.1% and closing day one at Rs 59.25 (-8.8% on closing basis). The IPO was subscribed 2.88x overall - QIB 7.70x, HNI/NII 1.58x, Retail 0.69x. The total issue size was Rs 2,000 Cr (Fresh Issue Rs 0 Cr, OFS Rs 2000 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Inox Green Energy Services IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 7 | +10.77% |
| Day 2 | Rs 7 | +10.77% |
| Day 3 | Rs 7 | +10.77% |
| Day 4 | Rs 7 | +10.77% |
| Day 5 | Rs 5 | +7.69% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Inox Green Energy Services IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Inox Green Energy Services IPO - FAQs
What was the listing gain of Inox Green Energy Services IPO?
Inox Green Energy Services IPO listed at -9.1% versus the upper issue price of Rs 65 on 23 November 2022.
How many times was Inox Green Energy Services IPO subscribed?
Inox Green Energy Services IPO was subscribed 2.88x overall. QIB portion was subscribed 7.70x, HNI / NII 1.58x and Retail 0.69x.
What was the IPO GMP for Inox Green Energy Services?
IPO GMP started at Rs 7 on Day 1 and moved to Rs 5 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.