Indian Energy Exchange IPO Issue, Allotment, Listing, Status

Indian Energy Exchange IPO

The Indian Energy Exchange is an electronic system based power trading exchange regulated by the Central Electricity Regulatory Commission (CERC). It Short Name is IEX. IEX started its operations on June 27, 2008.

IEX is one of the two operational Power Exchanges in India. Ever since its incorporation, it has held an influential market share. IEX operates a day-ahead market based on closed auctions with double-sided bidding and uniform pricing; it has over 3,800 registered clients, over 300 private generators and more than 3,300 industrial electricity consumers.

Indian Energy Exchange Ltd plans to raise Rs. 1,000 crore by offering 60.65 lakh shares in the price band of Rs. 1,645 to Rs. 1,650.

The initial public offer comprises offer for sale by shareholders namely Aditya Birla Private Equity Trust, AF Holdings, Golden Oak Ltd, Multiples Private Equity and Tata Power Company among others.

We are Recommended to Subscribe Indian Energy Exchange IPO Issue
Indian Energy Exchange IPO details
Subscription Dates 9 Oct to 11 Oct 2017
Issue Price Rs. 1645 – 1650 Per Equity Share
Fresh issue Nil
Offer For Sale 6,065,009 Shares
Total IPO Size INR 1000.73 Crore (approx)
Minimum Lot Size (Bid) 9 Shares
Face Value Rs 10 Per Equity Share
Listing on BSE and NSE
Retail Allocation 35%


Indian Energy Exchange IPO Allotment and Listing details
Allotment Date 17 Oct 2017
Refund Date 17 Oct 2017
Demat Account Credit Date 18 Oct 2017
Listing Date: 23 Oct 2017
Check Allotment Status: Click here..

Book Running Lead Managers

  • Axis Capital Limited
  • Kotak Mahindra Capital Company Limited
  • IIFL Holdings Limited

Objects Indian Energy Exchange IPO Issue

  • To achieve the benefits of listing the Equity Shares on the Stock Exchanges
  • To carry out the sale of up to 6,065,009 Equity Shares by the Selling Shareholders

Company Contact Information

Indian Energy Exchange Ltd
Unit No. 3, 4, 5 and 6, Fourth Floor,
TDI Centre, Plot No. 7, District Centre,
Jasola, New Delhi 110 025
Phone: +91 11 4300 4000
Fax: +91 11 4300 4015

Indian Energy Exchange IPO Registrar

Karvy Computershare Private Limited
Karvy House, 46, Avenue 4, Street No. 1,
Banjara Hills, Hyderabad – 500 034
Andhra Pradesh, India
Phone: +91-40-23312454
Fax: +91-40-23311968