Inox Green Energy IPO: Should you subscribe? What brokerages say

November 12, 2022

The initial public offering (IPO) of Inox Green Energy Services opened for subscription on Friday, November 11, and shall close on November 15. The company is selling its shares in the range of Rs 61-65 apiece to raise Rs 740 crore from primary markets.The issue consists of a fresh equity sale worth Rs 370 crore and an offer for sale of the same amount from its parent company, Inox Wind. Investors can make a minimum bid of 230 equity shares and then its multiple thereof.Here’s what brokerages are saying:

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