Inox Green Energy Services allots ₹420 crore qualified institutions placement (QIP)
Inox Green Energy Services (INOXGREEN) said it has allotted qualified institutions placement (QIP) of ₹420 crore. The company is valued at about ₹6,919 crore.
What happened
In a filing with the BSE on 30 September 2026 at 12:55 AM, Inox Green Energy Services (INOXGREEN) said that it has allotted qualified institutions placement (QIP) of ₹420 crore.
From the filing: "Further, find attached herewith the list of allottees who have been allotted more than 5% of the Equity Shares offered in the Issue, marked as Annexure 1 ."
How big is it?
At ₹420 crore, the issue is equal to about 6.1% of the company's market value of ₹6,919 crore.
Company snapshot
Inox Green Energy Services is a small-cap company in the Services sector, with a market value of about ₹6,919 crore.
The stock last traded at ₹172.3, against a 52-week range of ₹132.6–₹279 (38.2% below the high).
Before this filing the shares had moved +0.1% over the month and −13.2% over three months. Average daily turnover over the last 20 sessions was about ₹21.46 crore.
Promoters held 56.12% at the end of Q1 FY27. Foreign institutions owned 7.85% and domestic institutions 1.86%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 56 | 22 | 0.58 |
| Q2 FY26 | 86 | 27.9 | 0.74 |
| Q3 FY26 | 82 | 24.7 | 0.65 |
| Q4 FY26 | 69 | 27.8 | 0.71 |
| Q1 FY27 | 43 | 40.7 | 1.01 |
What history shows
This is not the company's first fund raising disclosure: BCEIE has 3 earlier filings of this kind on record since May 2026.
Across 10 similar disclosures by other Services companies, shares moved +1.0% on average the next day and −2.3% over five days; 50% of them rose the next day.
Market-wide, 1,465 fund raising filings with an impact score of 50 or more saw an average next-day move of +0.5%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- How the money raised is used and, for equity instruments, the dilution for existing shareholders.
In the news
Recent coverage elsewhere (links open the original publisher):
- Inox Green gets NCLT nod for ₹550 crore Wind World O&M deal
- Stock Alert: ESDS Software, Waaree Energies, Sterlite Tech, Inox Green Energy Services
- Inox Green Energy Opens Rs 300-Crore QIP With Option To Upsize: Sources
- Double QIP action: Inox Green, Wheels India shares soar as fundraises kick off- Check floor price, discount, other info
- Inox Green Energy opens QIP with floor price set at ₹174.36 a share
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.