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Indian Energy Exchange Ltd IPO (Indian Energy Exchange IPO) Detail

Oct 9, 2017 - Oct 11, 2017

Incorporated in 2007, Indian Energy Exchange Ltd (IEX) is a 'power exchange' offering trading in a range of electricity products in India. IEX is India's largest exchange in electricity products trading category. IEX Exchange is an online trading platform which is accessible to registered participants. It promotes efficient price discovery and the opportunity to trade in a variety of electricity products. In addition to trade execution, IEX also offers settlement services, including electronic trade confirmation, access to clearing services and risk management functionality.

At high level, the products offered by IEX for trading include:

1. DAM (Day-ahead-market) - Electricity contracts in blocks of 15 minutes. The DAM constitutes the majority of the energy contracts that are traded on IEX. IEX has market share of 99.6% in DMA trading.

2. TAM (Term-ahead-market) - Electricity contracts for fixed terms in the future, such as intra-day contracts, day ahead contingency contracts and contracts up to 11 days ahead and

3. RECs (Renewable energy certificates)

IEX is amoung 2 exchanges in India that offer an electronic platform for the trading of electricity products. IEX has over 5800 participants registered on its Exchange of which over 3,500 participants were active as of March 2017.


Strengths

1. IEX Exchange is an online platform. Highly scalable and proven technology infrastructure.
2. IEX is first and largest energy exchange in India with strong brand recognition.
3. India is fast growing domestic market
4. IEX has diverse participant base ensuring liquidity on its exchange

Company Promoters:

Indian Energy Exchange Ltd is a professionally managed company and does not have an identifiable promoter in terms of SEBI ICDR Regulations and the Companies Act, 2013.

Company was initially promoted by Financial Technologies (India) Limited and PTC India Financial Services Limited (PFS). They currently hold no Equity Shares in the company.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. million)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 5,517.14 4,237.55 4,057.37 3,688.67 2,822.16
Total Revenue 2,374.23 2,001.40 1,763.78 1,739.90 1,383.65
Profit After Tax 1,135.65 1,003.40 900.18 919.45 662.96

Objects of the Issue:

The objects of the public issue are:

1. To achieve the benefits of listing the Equity Shares on the Stock Exchanges and
2. To carry out the sale of up to 6,065,009 Equity Shares by the Selling Shareholders.

Issue Detail:

  »»  Issue Open: Oct 9, 2017 - Oct 11, 2017
  »»  Issue Type: Book Built Issue IPO
  »»  Issue Size: 6,065,009 Equity Shares of Rs 10 aggregating up to Rs 1,000.73 Cr
    ›  Offer for Sale of 6,065,009 Equity Shares of Rs 10 aggregating up to Rs [.] Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs 1645 - Rs 1650 Per Equity Share
  »»  Market Lot: 9 Shares
  »»  Minimum Order Quantity: 9 Shares
  »»  Listing At: BSE, NSE

Indian Energy Exchange IPO Reviews:

  1. Indian Energy Exchange Ltd IPO review by Dilip Davda

Indian Energy Exchange IPO Recommendations:

Capital Market Review

Issue Subscription Detail / Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & TimeQIBNIIRIITotal
Shares Offered / Reserved1,213,002909,7522,122,7544,245,508
Day 1 - Oct 9, 2017 17:00 IST0.01000.01000.30000.1500
Day 2 - Oct 10, 2017 17:00 IST0.01000.06000.84000.4300
Day 3 - Oct 11, 2017 21:20 IST2.55660.84662.60862.2824

Indian Energy Exchange IPO Prospectus

Indian Energy Exchange IPO Rating

1206
4.1
Rating:Rated 4.1 stars

Vote Here ...

Indian Energy Exchange IPO Listing Date

  •   ›  Listing Date: Monday, October 23, 2017
  •   ›  BSE Script Code: 540750
  •   ›  NSE Symbol: IEX
  •   ›  Listing In: B Group of Securities
  •   ›  ISIN: INE022Q01012
  •   ›  Issue Price: Rs 1650 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Indian Energy Exchange IPO News Alerts

  1. Monday, October 23, 2017 12:00:00 AM
    Indian Energy Exchange Ltd IPO - Listing
  2. Wednesday, October 11, 2017 12:00:00 AM
    Indian Energy Exchange Ltd IPO - Close
  3. Monday, October 9, 2017 12:00:00 AM
    Indian Energy Exchange Ltd IPO - Open

Company Contact Information

Indian Energy Exchange Ltd
Unit No. 3, 4, 5 and 6, Fourth Floor,
TDI Centre, Plot No. 7, District Centre,
Jasola, New Delhi 110 025
Phone: +91 11 4300 4000
Fax: +91 11 4300 4015
Email: compliance@iexindia.com
Website: https://www.iexindia.com/

Indian Energy Exchange IPO Registrar

Karvy Computershare Private Limited   »  Report
   Karvy House, 46, Avenue 4, Street No. 1,
   Banjara Hills, Hyderabad - 500 034
   Andhra Pradesh, India

Phone: +91-40-23312454
Fax: +91-40-23311968
Email: einward.ris@karvy.com
Website: http://karisma.karvy.com

Indian Energy Exchange IPO Lead Manager(s)

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Indian Energy Exchange IPO Review / Comments

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667. Solution of Queries  Oct 22, 2017 5:03:38 PM IST I Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (700+ Posts, 900+ Likes)
@ipo leader....GMP only 3-5 and u r saying heavy buying ??????
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667.1. IPO LEADER  Oct 22, 2017 5:10:28 PM IST I Like It. | Report Abuse
Big things Cooking As per Our soures Price under Controll with heavy Buying... Check with Grey brokr
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667.2. Common man view  Oct 22, 2017 8:27:47 PM IST I Like It. 1 | Report Abuse
@SOLUTION OF QUARY U CHANGE UR NAME FROM SOLUTION OF QUARY TO BUNDLE OF QUARY.......
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666. NPT  Oct 22, 2017 7:54:41 PM IST I Like It. 2 | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Tomorrow IEX may surprise the market.
Shares are in a few hands.
Retailer must have patience.
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665. gamble  Oct 22, 2017 6:16:32 PM IST I Like It. 9 | Report Abuse Reply
IPO Guru IPO Guru (1400+ Posts, 2200+ Likes)
........ IEX listing expectations......

May list near/above 1695
(GMp : NA(0),means not trading)


Allotee(almost 90%) ::-

1>......... If applied for listing gain only :
book profit(loss) in preopen/opening minutes with half quantity at any listing range , put SL 3.5% lower and wait, if hits book another half,if not hits sell other half @2.30pm


2>.......... If can hold for medium term : IeX enjoys monopoly with xtra ordinary mkt share, high ronw with 15% CAGR , good Dividend with bright future perspective , cash rich debt free status,
So Hold is better option,

U may see 2K+[50PE] by uttrayan(Makarsankranti).


Non allotee ::-

Buy at opening(good if can below 1.7K/even better if below 1.65k) and avg in downsides (M not seeing any though)






Consider Above 👆as IMO(in my opinion) Only
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665.1. MickeyP  Oct 22, 2017 6:50:07 PM IST I Like It. 4 | Report Abuse
Dear gamble sir, as always thank you so much... God bless you sir...
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664. IPO LEADER  Oct 22, 2017 4:55:53 PM IST I Like It. 3 | Report Abuse Reply
Last GMP 3-5 IEX Heavy buying At jaipur Ahd and mumbai as well... Check with Your Grey brokr 👍
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663. ketan Malaviya  Oct 22, 2017 12:46:13 PM IST I Like It. 11 | Report Abuse Reply
Listing price 2610 pakaa ....
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663.4. SPal  Oct 22, 2017 2:26:56 PM IST I Like It. 1 | Report Abuse
Dear Mr.Ketan malaviya ji, please don''t spread rumour about listing price of IEX, what is the source and how you have landed on absurd figure?? Don''t make yourself as a laughing stock.
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663.5. goutam  Oct 22, 2017 4:04:28 PM IST I Like It. 1 | Report Abuse
I agreed wth u .....abt +ve listing .....price wll be increasing thereafter.....
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662. KISHANN  Oct 22, 2017 2:45:01 PM IST I Like It. 2 | Report Abuse Reply
hi friends, i''m new to primary market. can you give me some external reasources to find deatiled analysis of how ipo pricing work and related information!! ThNK YOU
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661. IPO LEADER  Oct 22, 2017 12:38:13 PM IST I Like It. 2 | Report Abuse Reply
"Never plant a sapling in sme and normal Ipo bull market to get fruit after 3 to 5 yrs "
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660. k paapaarao  Oct 22, 2017 12:18:13 PM IST I Like It. | Report Abuse Reply
i applied for 1 lot. i received sms. but when i am trying with application and pan it is showing NOT FOUND.
then what to do.
can any body help me
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659. K C Gupta  Oct 22, 2017 6:14:34 AM IST I Like It. 1 | Report Abuse Reply
What is the reason behind it''s very less GMP ( say 10-15) though Company has a good image with all respect
Also it''s issue price band is so high
Any body please light on above
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659.1. IamAbhishek  Oct 22, 2017 11:14:06 AM IST I Like It. 1 | Report Abuse
Low demand of shares in Grey market.
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659.2. K C Gupta  Oct 22, 2017 11:52:23 AM IST I Like It. | Report Abuse
@Iamabhishek
Thnx for promt reply
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658. Dinesh Parekh  Oct 22, 2017 9:03:02 AM IST I Like It. 3 | Report Abuse Reply
Please do not be in hurry to sell, iex will get boosting after listing and may reach upto 1900 1950.
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658.2. Atish  Oct 22, 2017 11:25:51 AM IST I Like It. 1 | Report Abuse
Dear Kaal,

If you go by technical/fundamentals it has all the potential to reach 2000 on listing..but fate has written somthing different for this script as there is no GMP which may lead to negative listing. But don''t go by GMP as there were many instances where GMP proved wrong. Lets hope for better listing :)
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658.3. Kaal  Oct 22, 2017 11:27:40 AM IST I Like It. | Report Abuse
Gmp is only ₹ 30. Bro.
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657. Kaal  Oct 22, 2017 11:21:12 AM IST I Like It. | Report Abuse Reply
Current gmp is only ₹30
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656. Lalit Mehta  Oct 21, 2017 12:57:14 PM IST I Like It. | Report Abuse Reply
IEX-alloted 9 shares .Amount debited. But Demat account has not been credited.Shares to be listed on 23-10-2017 for trading.Advise
avatar
656.1. R P GOYAL  Oct 22, 2017 8:13:10 AM IST I Like It. | Report Abuse
ACCOUNTS HAVE BEEN CREDITED, IF ALLOTTED. CHECK YOUR BANK ACC FIRST, IF DEBITED, CHECK DEMAT ACC., IF NOT DEBITED THEN NO ALLOTMENT. IF DEBITED AND ALLOTTED BUT NOT CREDITED, THEM SOMETHING IS WRONG WITH DEMAT ACCOUNT NUM, PLZ CHECK WITH REGISTRAR ON PHONE/EMAIL.
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656.2. IamAbhishek  Oct 22, 2017 11:13:12 AM IST I Like It. | Report Abuse
It takes some time to show shares in Demat A/c, Your account will be credited with the shares before shares get listed on exchange.
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655. Nuru  Oct 22, 2017 10:46:41 AM IST I Like It. 1 | Report Abuse Reply
Hello guys Indian energy exchange 2500 rs. Se listing hoga so profit hi profit he aur 10000 + future me jayega so enjoy diwali
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655.1. Vnrao  Oct 22, 2017 11:08:30 AM IST I Like It. 2 | Report Abuse
I was also allotted 9+9 shares. I, alongwith other allottees, will be very happy if it really lists at 2500. The reality will be otherwise. I don''t see it touch 2000 mark even in excellent market conditions.
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655.2. Kaal  Oct 22, 2017 11:12:54 AM IST I Like It. | Report Abuse
How u get such information
Plz. Share & by the way tomorrow listing time.
Let see what happen
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654. Reee roool  Oct 22, 2017 10:38:48 AM IST I Like It. | Report Abuse Reply
Best
Company
Good profit maker
If listing around offer price its best opportunity to buy.
It may gives 30% returns in 6 to 10 months.
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653. Market Bull  Oct 22, 2017 9:26:50 AM IST I Like It. 2 | Report Abuse Reply
2000 to 2100 ke bich me khulega.
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653.1. Market Plus  Oct 22, 2017 9:58:59 AM IST I Like It. 2 | Report Abuse
Not possible 2000-2100 listing price
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652. Eagleye  Oct 22, 2017 8:37:32 AM IST I Like It. 8 | Report Abuse Reply
IPO Guru IPO Guru (4400+ Posts, 12200+ Likes)
GMP last heard:

IEX 02 - 04
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651. BHAGKASH  Oct 22, 2017 12:26:06 AM IST I Like It. | Report Abuse Reply
What will be gmp of lex any idea??
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650. TheGreatGambler  Oct 21, 2017 11:58:16 PM IST I Like It. 2 | Report Abuse Reply
Friends no need to worry about listing as the number of shares is less only 42 lakhs ,even if 50% is sold
its only 21 lakh shares which is not a huge number Second its a good profiit making company.I woulld
suggest SIP in this share for retirement benefit or for children marriagr and education
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649. Pradeep.Jangid  Oct 21, 2017 10:17:26 PM IST I Like It. 1 | Report Abuse Reply
Plus 10 percent
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648. Niceone  Oct 21, 2017 5:48:00 PM IST I Like It. | Report Abuse Reply
Any view on listing whts the gmp
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