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 2,792 MW of wind farm capacity and 1,396 WTGs.
Financial Snapshot (Rs in Cr)
| Period Ended | Total revenue | EBITDA | PAT | Total Assets |
|---|---|---|---|---|
| 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 |
For more information, you can check the IPO Prospectus filed by the company 
Important information regarding the IPO
| Issue Period | 11th November -15th November 2022 |
|---|---|
| Price Band | ₹ 61-65 |
| Minimum Bid Quantity | 230 and multiples thereof |
| Face Value | ₹ 10 |
| Number of Shares | 11,38,46,154 shares |
| Issue size | ₹ 740 Cr |
| Date of Allotment | 18th November, 2022 |
| Initiation of Refund | 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 for Inox Green Energy Services Limited IPO?
You can apply for it using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept 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 on the website of the Registrar and Transfer agent .
Alternatively, you can also check the allotment status on the NSE website.