Inox Wind listed at Rs. 400 a premium of 23 percent when compared to its issue price of Rs. 325.
The stock so far has seen trades of around 998,000 shares on the BSE, and there are pending buy orders for over 125,000 shares at Rs. 400.
Shares of Gujarat Flurochemicals the promoter company of Inox Winds are up 0.6 percent at Rs. 757.
Meanwhile, the Sensex has slipped into red and is now down 85 points at 28,623.