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 |
Number of Times Subscribed (BSE + NSE) | |||||||
---|---|---|---|---|---|---|---|
As on Date & Time | QIB | NII | RII | Employee | Others | Total | |
Shares Offered / Reserved | 1,213,002 | 909,752 | 2,122,754 | - | - | 4,245,508 | |
Day 1 - Oct 09, 2017IST | 0.0100 | 0.0100 | 0.3000 | - | - | 0.1500 | |
Day 2 - Oct 10, 2017IST | 0.0100 | 0.0600 | 0.8400 | - | - | 0.4300 | |
Day 3 - Oct 11, 2017IST | 2.5566 | 0.8466 | 2.6086 | - | - | 2.2824 |
- | BSE | NSE |
---|---|---|
Issue Price | Rs 1,650.00 | Rs 1,650.00 |
Open | Rs 1,500.00 | Rs 1,500.00 |
Low | Rs 1,500.00 | Rs 1,500.00 |
High | Rs 1,658.00 | Rs 1,660.00 |
Last Trade | Rs 1,626.45 | Rs 1,629.15 |
Volume | 605,304 | 3,345,798 |
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