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IPO▼ Bearish for Inox Green Energy Services
Inox Green Approves Allotment Of Shares Worth Up To Rs 300 Crore To QIBs
The brief
- Inox Green Energy approved share allotment worth up to Rs 300 crore to QIBs
- Shares fell 3.55% to Rs 163.96 on Tuesday, and are down over 22% year-to-date
- The allotment may dilute existing holders of Inox Green Energy Services
- Augment Infrastructure sells 7.25% stake in Clean Max for ₹1,096 crore
- Stock Alert: ESDS Software, Waaree Energies, Sterlite Tech, Inox Green Energy Services
- Stocks to Watch for September 25: PB Fintech, Inox Green Energy, Dr Lal Path, JSW Cement and more
Wheels India’s ₹250 crore QIP
Wheels India launched a ₹250 crore QIP at an indicative price of ₹2,088 per share; its shares closed at ₹2,186.85, down 2.40%, on the BSE. A subsequent report said the shares rose after the fundraise announcement.
Wednesday, 30 September
- Inox Green Approves Allotment Of Shares Worth Up To Rs 300 Crore To QIBs