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.
Summary of financial Information (Restated)
||For the year/period ended (in Rs. million)
|Profit After Tax