Inox Green Energy IPO was closed on November 15 which comprised a fresh issue of Rs 370 crore and an offer for sale of Rs 370 crore. The price band of the offering was fixed in the range of Rs 61 to Rs 65 per share.
The finalization of share allocation of the IPO is expected to take place today, i.e., November 18. One can check the allotment status on the BSE website or the company’s registrar, Link Intime India Private Limited. Enter the application number and PAN Card ID to get the details of allotment.
The IPO of Inox Green Energy received 1.55 times subscription of which the qualified institutional buyers (QIBs) section was subscribed 1.05 times, while those of non-institutional investors was subscribed 0.47 times and retail individual investors (RIIs) was subscribed 4.70 times.
The listing of Inox Green Energy IPO is likely to take place on November 23 on BSE and NSE both.
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