Inox Green Energy IPO Allotment Today: How To Check Your Allotment Status?
Learn where you can check the Inox Green Energy IPO share allotment status today and the steps to follow.
Inox Green Energy Services Limited’s initial public offering (IPO), which was open for subscription from November 11, 2022, to November 15, 2022, received a muted response. The wind power operation and maintenance service provider is expected to finalise the allotment of shares today i.e., November 18, 2022.
The Inox Green Energy IPO included a fresh issue of equity shares worth ₹370 Crore and an offer for sale (OFS) of up to 56,923,077 equity shares. The price band for the IPO was ₹61-₹65 per share. During the bidding process, the Inox Green Energy IPO received bids for 10,37,39,890 shares as against 6,67,21,310 shares on offer.
Inox Green Energy IPO: How To Check Your Allotment Status?
The shares of Inox Green Energy Services Limited are most likely to list on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) on November 23, 2022. The company, which is a subsidiary of Inox Wind Limited, is expected to finalise the allotment of its shares today i.e., November 18, 2022. After the basis of allotment is finalised, the allotted shares will be credited to the bidders’ demat accounts by November 22, 2022.
Link Intime India Private Ltd. is the official registrar for the Inox Green Energy IPO. To check the allotment status of the Inox Green Energy IPO, you can visit the official Link Intime India Private Ltd. website or the BSE website.
Steps To Check Inox Green Energy IPO Allotment Status Via The Registrar
Visit the official Link Intime India Private Ltd. website- https://linkintime.co.in/mipo/ipoallotment.html.
Select ‘Inox Green Energy Services Limited - IPO' in the drop box.
Provide one of the following details- PAN number, IPO application number, or DP client ID.
Now, click on the ‘Search’ button to check your Inox Green Energy IPO allotment status.
Steps To Check Inox Green Energy IPO Allotment Status Via BSE
Visit the official BSE website- https://www.bseindia.com/investors/appli_check.aspx.
Choose the ‘Equity’ option under the ‘Issue type’ section.
Under the ‘Issue name’ section, select ‘INOX GREEN ENERGY SERVICES LTD’.
Provide one of the following details- IPO application number or your PAN number.
Select the 'I am not a Robot' button.
Now, click on the ‘Search’ button to view your Inox Green Energy IPO allotment status.
If you do not get the allotment of shares after placing a bid for the Inox Green Energy IPO, you will get a refund of your bidding amount from the company by November 21, 2022. The shares of Inox Green Energy Services Limited are expected to debut on the stock exchanges on November 23, 2022.
For more information on upcoming IPOs, take a look at the BQ Prime IPO Watch.