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23/11/2022 11:00

Inox Green Energy Services Ltd. debuts with 6.92% discount at Rs 60.50

Inox Green Energy Services Ltd. makes a weak debut on the bourses with scrip got listed at Rs 60.50 on the Bombay Stock Exchange, a 6.92 per cent discount to its issue price of Rs 65.00. On the National Stock Exchange, the stock was listed at Rs 60.00.

The company, which raised 11.38 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 1,138.46 lakhs shares.

The company, listed under B Group Securities post its IPO, opened for subscription from Nov 11 to Nov 15.

Following a weak opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the BSE.

The company anticipates using the proceeds of the issue for .

Equirus Capital Private Limited,Systematix Corporate Services Ltd.,IDBI Capital Markets & Securities Limited,DAM Capital Advisors Limited,Edelweiss Financial Services Ltd. as lead managers & Link Intime India Private Limited is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 61,418.96, up 274.12 points, or 0.44 per cent.