Inox Green Energy Services, the subsidiary of Inox Wind, has fixed a price band at Rs 61-65 a share for its initial public offering (IPO) that opens for subscription on November 11.
The 30th public issue of 2022 will close on November 15.
The Rs 740-crore IPO comprises a fresh issue of Rs 370 crore and an offer for sale of sales worth Rs 370 crore by promoter Inox Wind.
The wind power operation and maintenance services provider will use fresh issue proceeds for repaying debts and general corporate purposes.
Investors can bid for a minimum of 230 shares and after that in multiples of 230.

Source - Money Control