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Inox Green Energy Services lists with 6.92% discount on the BSE

23 Nov 2022 Evaluate

Inox Green Energy Services has debuted at Rs 60.50 on the BSE, down by 4.5 points or 6.92% from its issue price of Rs 65.

The scrip is currently trading at Rs 60.60, down  by 4.40 points or 6.77% from its issue price. It has touched a high and low of Rs 63.95 and Rs 59.20 respectively. So far 26.96 lakh shares were traded on the counter.

The offering, which was open for subscription between November 11, 2022 and November 15, 2022 was subscribed 1.55 times. The issue price was fixed at Rs 65 per share i.e. at upper end of price band of Rs 61-65 apiece.

Inox Green Energy Services is one of the major wind power O&M service providers within India. The company is a subsidiary of Inox Wind.

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