There has been a strong listing of shares of Inox India in the stock market today.

Inox India Share Price:

Inox India's IPO closed with 61 times subscriptions due to excellent response from investors.

The issue price of Inox India's IPO was Rs 660 per share, which is listed on BSE today at Rs 933.

Investors have profited Rs 273 per share (about 41 percent) on the listing of Inox India's IPO.

Let us tell you that this IPO was completely Offered for Sale (OFS). It received a tremendous response from investors.

Inox India's IPO received bids for 94,84,24,268 shares against the proposed 1,54,77,670 shares.

Qualified Institutional Buyers: 147.80 times Non-institutional investors: 53.20 times Retail investors: 15.29 times

Subscription:

Inox India is the country's largest company manufacturing cryogenic tanks.

Company Details:

Revenue in FY 2021:  Rs 609 crore Revenue in FY 2022:  Rs 804 crores Revenue in FY 2023: Rs 984 crore

Revenue:

Inox India's position is solid in the clean energy sector, its dividend history and future outlook is good.

The company has strong financial performance which reflects its competitive position and future growth potential.

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