Indian Energy Exchange Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Indian Energy Exchange Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Public offer of 6,065,009 equity shares of face value of Rs. 10 each ("equity shares") of Indian Energy exchange Limited (the "company" or the "issuer") for cash at a price of Rs. 1650 per equity share, through an offer for sale by the persons listed in annexure a (the "selling shareholders"), aggregating to Rs. 1000.73 Crores (the "offer"). The offer would constitute 20% of the post-offer paid-up equity share capital. Offer price: Rs.1650 per equity share of face value of Rs. 10 each. The offer price is 165 times the face value.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Company and certain of its Directors are involved in certain legal proceedings; any adverse outcome in any of these proceedings may adversely affect its profitability, reputation, business, financial condition and results of operations.
- Company's business and results of operations may be adversely affected if it is unable to maintain or grow the volume of the electricity contracts traded on its Exchange and retain its current participants or attract new participants to its Exchange.
- Information technology ("IT") system limitations or failures, including its IT maintenance may harm its business, financial condition, results of operations and prospects.
- Any adverse finding by the NCLT in relation to the Perpetual License Agreement could result in an adverse effect on its reputation, business, financial condition and results of operations.
- Company operate in a highly regulated industry and may be subject to censures, fines and enforcement proceedings if it fail to comply with regulatory obligations.