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HomeDay TradingInox Inexperienced Power Providers IPO Day 2 subscription standing

Inox Inexperienced Power Providers IPO Day 2 subscription standing

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Inox Inexperienced Power Providers Restricted launched its preliminary public providing (IPO) on Friday, November 11, 2022 and will likely be concluded on November 15, 2022. The value band will likely be fastened at Rs 61-65 per share and one can subscribe in lots dimension of 230 shares. The difficulty was subscribed 46% on the primary day of subscription on Friday.

The small print of day 2 of subscription until 10 AM is supplied within the desk beneath:

Inox Inexperienced Power Providers Ltd IPO subscrition reside standing (10.09 AM on 14-11-2022)










Inox Inexperienced Power Providers Ltd

No. Of shares reserved

No. Of shares bid for

No. Of instances bid

Certified Institutional Consumers (QIBs)

3,63,93,442

1,72,35,050

0.47

NIIs

1,81,96,721

9,98,660

0.05

RIIs

1,21,31,147

1,58,99,440

1.31

Staff

Complete

0.51

(Supply: BSE Stay Subscription) 

The corporate is planning to make use of the web proceeds from IPO for the compensation and pre-payment of borrowings availed by it together with the redemption of non-convertible debentures.

Inox Inexperienced Power Providers is engaged within the enterprise of offering wind energy operation and upkeep (“O&M”) providers in India.

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