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Inox Wind Limited IPO (Inox Wind IPO) Detail

Mar 18, 2015 - Mar 20, 2015

Incorporated in April 2009; Inox Wind Limited is leading wind power solutions provider in India. Inox manufactures wind turbine generators. Company also offer services including wind resource assessment, site acquisition, infrastructure development, erection and commissioning, and also long term operations and maintenance of wind power projects.

Company manufacture the components of wind turbine generators in-house with a view to ensuring high quality, advanced technology and reliability and maintaining cost competitiveness. Company has facilities dedicated to manufacturing nacelles, hubs, rotor blade sets and towers.

Inox Wind have a perpetual license from AMSC Austria GmbH (formerly Windtec GmbH), or AMSC, a leading wind energy technology company based in Austria, to manufacture 2 MW WTGs in India based on AMSC's proprietary technology.

In FY 2012 Company produced and sold 60 turbine generators and in FY 2013; 60 turbine generators of 2 MW each.

Company Financials

ParticularsFor the year/period ended (in Rs. Cr)
31-Mar-1331-Mar-1231-Mar-1131-Mar-10
Total Income1005.19622.0072.907.86
Profit After Tax (PAT)147.6099.846.41-1.36

Objects of the Issue

The objects of the fresh issue are:
1. Expansion and upgradation of existing manufacturing facilities;
2. Long term working capital requirements;
3. Investment in our Subsidiary, IWISL, for the purpose of development of power evacuation infrastructure and other infrastructure development; and
4. General Corporate Purposes.

Inox Wind IPO Details

Inox Wind IPO Date Mar 18, 2015 to Mar 20, 2015
Inox Wind IPO Face Value ₹10 per share
Inox Wind IPO Price ₹315 to ₹325 per share
Inox Wind IPO Lot Size 45 Shares
Issue Size[.] shares of ₹10
(aggregating up to ₹1,020.52 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Company Promoters

The promoter of the company is Gujarat Fluorochemicals Limited (GFL); India's largest producer of refrigerants and polytetrafluoroethylene, a synthetic flouropolymer in India. GFL holds 75% of the pre-issue issued. GFL is a listed in BSE and NSE.

Inox Wind IPO Lot Size

The Inox Wind IPO lot size is 45 shares. A retail-individual investor can apply for up to 13 lots (585 shares or ₹190,125).

Application Lots Shares Amount
Retail (Min) 1 45 ₹14,625
Retail (Max) 13 585 ₹190,125

Inox Wind IPO Review

As the company belongs to well known investor friendly group and the renewable energy sector is set for a big boost going forward, moderate investment for long term plan may be considered.

Disclaimer: Author has no plans to invest in this IPO. Investors can use their own discretion for investing in this IPO, as any investment in stock market is attached to market risks.

Read detail review...


Inox Wind IPO Subscription Status (Bidding Detail)

The Inox Wind IPO is subscribed 18.60 times on Mar 20, 2015 7:48:00 PM. The public issue subscribed 2.15 times in the retail category, 35.68 times in the QIB category, and 35.38 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB35.68
NII35.38
Retail2.15
Employee0.12
Total18.60

Inox Wind IPO Prospectus

Inox Wind IPO Rating

569
3.9
Rating:Rated 3.9 stars
Vote Here ...

Inox Wind IPO Listing Date

Listing Date Thursday, April 9, 2015
BSE Script Code 539083
NSE Symbol INOXWIND
Listing In B Group of Securities
ISIN INE066P01011
IPO Price ₹325 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹325.00
₹400.00
₹399.15
₹447.80
₹438.00
NSE
₹325.00
₹400.00
₹400.00
₹448.85
₹438.40

Company Contact Information

Inox Wind Limited
Plot No. 1, Khasra Nos. 264 to 267,
Industrial Area, Village Basal 174 103,
District Una, Himachal Pradesh, India
Phone: +91 1975 272001
Email: investors.iwl@inoxwind.com
Website: http://www.inoxwind.com/

Inox Wind IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: iwl.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Inox Wind IPO Review

Inox Wind IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 3 0 0
Members 0 0 0

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IPO Broker Recommendations

Inox Wind IPO FAQs

Inox Wind IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹1,020.52 Crores. The issue is priced at ₹315 to ₹325 per share. The minimum order quantity is 45 Shares.

The IPO opens on Mar 18, 2015, and closes on Mar 20, 2015.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Inox Wind IPO opens on Mar 18, 2015 and closes on Mar 20, 2015.

Inox Wind IPO lot size is 45 Shares and the minimum order quantity is .

You can apply in Inox Wind IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Inox Wind IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Inox Wind IPO allotment status.

The Inox Wind IPO listing date is on Thursday, April 9, 2015.
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Inox Wind IPO Message Board

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646 Comments

407. gucci |   Link |Apr 15, 2015 9:39:27 AM
WHAT IS THE BASIS OF ALLOTMENT THESE DAYS? I APPLIED IN INOX WINDS FULL 2LAC APPLICATION & DIDN''T GET A SINGLE SHARE?

IS IT WORTH APPLYING FULL OR IT IS BETTER TO HAVE MORE APPLICATION FOR 1 LOT, SO BETTER CHANCES...AS SUCH 1 LOT WILL ONLY BE ALLOTTED IF RETAIL PORTION IS SUBSCRIBED MORE THAN ONE TIME...CAN ANYONE HELP ME UNDERSTAND?
407.1. Yo Yo IPO |   Link |Apr 25, 2015 5:25:07 PM
If you want to apply full amount where retail is category is full and their is no discount to retail investor then it is beneficial to subscribe under HNI category,
becaeven if the HNI category is subscribed 200 times their will at least be allotment of one lot to each applicant there.
406. JAS DS |   Link |Apr 13, 2015 3:54:03 PM
Sold 90 @441 on Friday. Not it can touch 480 in near future. Looks like it settled around 430. May move up or down based on market sentiment.
405. nalin |   Link |Apr 13, 2015 1:11:33 AM
please advise if we should hold for long term for more upside ?
405.1. Mr. Singh |   Link |Apr 17, 2015 1:57:46 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
I am still holding. I think it can be held for long term. There could be some profit booking in short term, but for long term it will give multifold return.
404. Arunachalanadar ganesan |   Link |Apr 12, 2015 5:43:24 PM
Whether i can sell what I got in the recent ipo
403. TEJASH PATEL |   Link |Apr 10, 2015 5:04:55 PM
Dear 404.1. star ipo Sir pls try once. than rest is on god and system
402. pinkyjain |   Link |Apr 10, 2015 2:20:24 PM
Inox last time susbcription by nii and Qib made it worth.... Sorry ... But others who got allotment should thank as I made many to avoid this ipo which increased fair chance to others . Vrl plz apply 250+ listing is sure but allotment ratio will be hard
402.1. Mr. Singh |   Link |Apr 17, 2015 1:59:01 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Pinky Aunty, do you think that one will not subscribe based on your comments.
401. IPO GRUP |   Link |Apr 10, 2015 10:17:57 AM
DEAR ALL RETAILES INVESRORS REC ME JO KUCH GAMBLING HUA USKE BARE ME JORDAR FORUM BANAKE SEBI.. ME COMPLAINT KARNACHHAIA NA HI TO NEXT OFS ME RETAILERS OUT HOJAYENGE NOTE?
400. Carn Mohan |   Link |Apr 10, 2015 9:03:33 AM
IPO Mentor IPO Mentor (900+ Posts, 400+ Likes)
REC OFS high level 420 se with retail investors.
SEBI should setup inquiry.
400.4. Athar |   Link |Apr 10, 2015 10:24:43 AM
Top Contributor Top Contributor (200+ Posts)
Jas Singh brother will the sebi give response to the phone call
400.5. Mr. Singh |   Link |Apr 17, 2015 2:00:53 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
I applied for 30 shares at 333.85 and got alloted. Final price after 5% disc is 317.16.
399. Carn Mohan |   Link |Apr 10, 2015 9:02:41 AM
IPO Mentor IPO Mentor (900+ Posts, 400+ Likes)
REC OFS high level 420 se with retail investors.
398. amit rajput |   Link |Apr 9, 2015 11:25:29 PM
All frds raise u r voice against REC frod no one geniune retailer get share all game played only last 5min before closing
397. M Gupta |   Link |Apr 9, 2015 11:16:44 PM
Top Contributor Top Contributor (300+ Posts)
CONG.. ALL THE INVESTORS...

U HAVE KOOOOTED MONEY
U HAVE LOOOOTED MONEY
397.1. Nasirul Choudhury |   Link |Apr 10, 2015 12:42:57 PM
Top Contributor Top Contributor (400+ Posts)
Yes Bro! We made money. What about VRL Logistics? I am not very confident.
396. Sbr |   Link |Apr 9, 2015 11:05:05 PM
Top Contributor Top Contributor (200+ Posts)
enjoy i have 6 appli.sold by 415 profit 27000 rupees.
395. Nasirul Choudhury |   Link |Apr 9, 2015 9:55:16 PM
Top Contributor Top Contributor (400+ Posts)
Where is IPOANALYSIS with his Supreme Impex, which is hardly being traded with just 1 rupee more than issue price???
395.3. Nasirul Choudhury |   Link |Apr 10, 2015 12:41:48 PM
Top Contributor Top Contributor (400+ Posts)
The 52 weeks high as per NSE Data is 63.50 (09/04/2015) and you sold @65?? Whom are you trying to fool man??
395.4. IPOANALYSIS |   Link |Apr 10, 2015 4:29:19 PM
YES YOU ARE A FOOL.

I HAVE SOLD AT 5 RS. PLEAS SHARE YOUR EMAIL ADDRESS I WIL SEND YOU THE TRADED INFORMATION

PLEASE COMPLAIN TO SITE IF THEY ARE NOT SHOWING CORRECT HIGH PRICE.
394. friend |   Link |Apr 9, 2015 5:19:13 PM
Although this thread belong to Inox, some people have queries about REC, I want to inform you that allotment price of REC is rs 333.30 , those who have applied at this price or more will get REC OFS shares in retail category.
394.1. star ipo |   Link |Apr 9, 2015 5:41:36 PM
All retails portion of rec cornerd by hni at last 5 minutes by changing offer prise to over 334...amazing market price was 318 at opening of market...so retailers should never go for psu ofs.....
393. rajni gandhi |   Link |Apr 9, 2015 1:57:43 PM
Top Contributor Top Contributor (200+ Posts)
REC OFS I fill price Rs. 324.00 but not get
393.1. ALI BHAVNAGAR |   Link |Apr 9, 2015 2:30:14 PM
I filled 332.10
but not alloted
392. Puneet Mishra |   Link |Apr 9, 2015 1:39:58 PM
Any body get shares of REC if yes pls give details.
391. Puneet Mishra |   Link |Apr 9, 2015 1:34:49 PM
Hi what about REC ofs on what basis one will get shares.
390. JAS DS |   Link |Apr 9, 2015 1:17:06 PM
Hold Hold..for min 2-3 days...gona touch 480..
390.1. Sreedhar R |   Link |Apr 9, 2015 1:26:09 PM
Sold balnce 15/30 @ 432. Profit of 1830
Remaining maybe retain it for next 2-3 days :)
Good if it touches 480
389. Sreedhar R |   Link |Apr 9, 2015 12:14:35 PM
Sold 15/45 @ 423. Profit of 1700 (:|
Unsure if it will cross 427 today
389.1. creative |   Link |Apr 9, 2015 12:20:12 PM
i had sold 45@428.... i am happy now waiting fr vrl logistics ipo on april 15th.

Avery good co. with very good profits & revenues & EPS
389.2. Athar |   Link |Apr 9, 2015 12:32:25 PM
Top Contributor Top Contributor (200+ Posts)
Sridhar R Sir happy to see your return to the board
388. Shiv Kumar |   Link |Apr 9, 2015 12:05:56 PM
Pinky..you ealier posted all negative about this IPO...now total U turn...why not join politics

41. pinkyjain Mar 21, 2015 6:11:55 PM IST | Reply | pinkyjain''s messages

Inox Wind Limited IPO

Secondary market correction May feeble inox wind listing sell sell... More correction due to poor results and overvalution

38. pinkyjain Mar 20, 2015 12:50:13 PM IST | Reply | pinkyjain''s messages

Inox Wind Limited IPO

Avoid avoid .. You may get this on listing date at same price for long term... So earn interest for 15 days
388.1. star ipo |   Link |Apr 9, 2015 12:35:46 PM
LOLL...it was fake pinky jain .dot ...
388.2. Athar |   Link |Apr 9, 2015 12:36:48 PM
Top Contributor Top Contributor (200+ Posts)
Shiva Kumar Sir you are correct he is misleading and creating panic in the board .Board members are advised not even to see his message.