Indian Energy Exchange Ltd
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Introduction: Indian energy exchange is the power exchange which facilitates the trading of numerous electrical products.IEX is the first and the largest energy of India. Similar to NSE & BSE, IEX facilitates settlement, trade confirmation, clearing services and risk management.
Date of Establishment: Company was formed in the year 2007.
Product & Service Offering: Reliance nippon offers
1. DAM (Day-ahead-market);
2. TAM (Term-ahead-market)
3. RECs (Renewable energy certificates)
Customer Segment: IEX has over 5800 participants registered on its Exchange of which over 3,500 participants were active as of March 2017.
Promoters of IEX : Company was initially promoted by Financial Technologies (India) Limited and PTC India Financial Services Limited (PFS). They currently hold no equity shares in the company.
Objects of the Issue:
i) leverage the benefits of getting listed on exchanges
ii) providing easy exit to current investors.
Company Financials:
Particulars | For the year/period ended (in Rs. million) | |||||
---|---|---|---|---|---|---|
31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
Total Assets | 5,517.14 | 4,237.55 | 4,057.37 | 3,688.67 | 2,822.16 | |
Total Revenue | 2,374.23 | 2,001.40 | 1,763.78 | 1,739.90 | 1,383.65 | |
Profit After Tax | 1,135.65 | 1,003.40 | 900.18 | 919.45 | 662.96 |