Inox Wind Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 15,709,112 (49%) | — | ₹51,055 Cr |
| NII (HNI) | — | 4,712,734 (15%) | — | ₹15,316 Cr |
| Retail | — | 10,996,380 (34%) | — | ₹35,738 Cr |
| Employee | — | 500,000 (2%) | — | ₹163 Cr |
| Σ Total | — | 31,918,226 (100%) | — | ₹1,037,342 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 45 | ₹14,625 |
| Retail (Max) | 13 | 585 | ₹190,125 |
| S-HNI (Min) | 14 | 630 | ₹204,750 |
| B-HNI (Min) | 67 | 3,015 | ₹979,875 |
Financial Statements Amount In Crore
| Metric | 31-Mar-13 | 31-Mar-12 | 31-Mar-11 |
|---|---|---|---|
| Revenue | 101 | 62 | 7 |
| Profit After Tax | 15 | 10 | 1 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Expansion and upgradation of the existing manufacturing facilities – 147.48
- 2 Long term working capital requirements – 290.00
- 3 Investment in Subsidiary, IWISL, for the purpose of development of power evacuation infrastructure and other infrastructure development – 131.54
- 4 General Corporate Purposes – 93.66
Company Overview
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.