Inox Green Energy Services IPO GMP / Grey Market Premium, Kostak Rates & SS Today
Last Updated Date: Nov 15, 2022Inox Green Energy Services is about to release its IPO on Nov 11, 2022. The issue is closing on Nov 15, 2022 and is currently having an active grey market. The Inox Green Energy Services IPO GMP is running at a stable rate as per the current situation.
In IPO, the GMP or the Grey Market Premium is the premium amount at which the IPO shares are traded before getting listed in the stock market.
However, the QIB and the HNI numbers are the key indicators of GMP in the case of Inox Green Energy Services IPO. The company is intended to raise Rs 740 million by the released issue.
Inox Green Energy Services IPO GMP Rates, Kotak rates & SS
This particular table represents everything related to the IPO event from its opening and closing date along with the face value of the issue.
You can check this table related to know the IPO size, price band along with listing details, and more.
| Date | GMP (in INR) | Kostak (in INR) | Subject to Sauda (in INR) |
| 15 Nov 2022 | Rs. 5 | NA | NA |
| 14 Nov 2022 | Rs. 5 | NA | NA |
| 12 Nov 2022 | Rs. 10 | NA | NA |
| 11 Nov 2022 | Rs. 10 | NA | NA |
| 10 Nov 2022 | Rs. 10 | NA | NA |
| 09 Nov 2022 | Rs. 10 | NA | NA |
| 08 Nov 2022 | Rs. 6 | NA | NA |
| 07 Nov 2022 | Rs. 6 | NA | NA |
| 06 Nov 2022 | NA | NA | NA |
| 05 Nov 2022 | NA | NA | NA |
Check out Related IPO Links:
| Review Inox Green Energy Services IPO |
| Inox Green Energy Services IPO Allotment |
| LIVE Subscription – Inox Green Energy Services IPO |
Open Free Demat Account Now!
Inox Green Energy Services IPO Date / Timetable
Here, you will find the important dates and events of this IPO. Check the allotment status, visit us again once the subscription date is over.
| IPO Open Date | Nov 11, 2022 |
| IPO Close Date | Nov 15, 2022 |
| Basis of Allotment Date | Nov 18, 2022 |
| Initiation of Refunds | Nov 21, 2022 |
| Credit of Shares to Demat Account | Nov 22, 2022 |
| IPO Listing Date | Nov 23, 2022 |
Inox Green Energy Services IPO – Financial Performance
The below-given table will give you an overall idea of the company’s financial performance. Check their net profit and loss statement about Inox Green Energy Services IPO.
| Amount (in INR & Million) | ||||
| 31-Dec-21 | 31-Mar-21 | Mar-20 | 31-Mar-19 | |
| Assets | 20,166.80 | 26,927.96 | 23,398.60 | 19,015.67 |
| Revenue | 1,297.29 | 1,862.87 | 1,721.64 | 1,663.99 |
| Expense | 1,334.47 | 1,996.38 | 1,696.38 | 1,392.06 |
| Profit After Tax | (912.43) | (1,535.22) | (522.64) | (528.12) |
| Earnings per Equity Share (in Million) | ||||
| 31-Dec-21 | 31-Mar-21 | Mar-20 | 31-Mar-19 | |
| Basic & Diluted | (0.15) | (2.29) | 0.20 | 6.98 |
FAQs Related to Inox Green Energy Services IPO GMP
Check out FAQs on Inox Green Energy Services IPO Grey Market Premium here –
What is the current Inox Green Energy Services IPO GMP Price?
As on today, the Inox Green Energy Services IPO GMP is Rs.5.
What is the current Inox Green Energy Services IPO Kostak Rate?
The Kostak rate is Rs NA for Inox Green Energy Services IPO.
What is today’s Inox Green Energy Services IPO Subject to Sauda Rate?
As on today, the Inox Green Energy Services IPO Subject to Sauda is Rs NA.
Where to Check Inox Green Energy Services IPO Allotment & Listing?
However, if you don’t want to miss out on the issue’s allotment status and the listing, you can refer to this LINK given here: https://top10stockbroker.com/ipo-allotment-status/
What is Kostak Price?
To apply for an IPO, there is an application price or application charges that come along and is known as Kostak price. It is actually the premium amount at which IPO applications are being traded in the grey market.
Is GREY market buy or sell shares illegal?
Grey Market is basically trading that takes place before the stock of a company gets enlisted on the stock exchange.
It takes place before the IPO release and the prices may change at any time. Hence, it is unofficial trading and hence, not “illegal”.
Disclaimer:
The Inox Green Energy Services IPO GMP which is mentioned in the table here is only valid for a specific date as mentioned in the header section. The Kostak is the premium that one gets by selling her/his IPO application to someone else before listing the issue. He or she can sell it in an off-market transaction. However, we aren’t buying/selling IPO forms on the IPO Grey market.
It is also requested that please do not subscribe for an IPO by just seeing the premium price. The reason being, the premium price varies and can change anytime before listing. Please subscribe only after considering the fundamentals of the companies.