The Inox CVA IPO is a book-built offering for Rs 1,459.32 crores. The offering consists fully of 2.21 crore shares for sale.
The Inox CVA IPO goes on sale on December 14, 2023, and closes on December 18, 2023. The Inox CVA IPO allocation is planned to be completed on Tuesday, December 19, 2023. The Inox CVA IPO will be listed on the BSE and NSE, with a tentative listing date of Thursday, December 21, 2023.
The pricing range for the Inox CVA IPO is 627 to 660 per share. An application requires a minimum lot size of 22 Shares. Retail investors must make a minimum investment of $14,520. The minimum lot size investment for sNII is 14 lots (308 shares), which amounts to 203,280, while the minimum lot size investment for bNII is 69 lots (1,518 shares), which amounts to 1,001,880.
Inox CVA IPO Details
| IPO Date | December 14, 2023 to December 18, 2023 |
| Listing Date | [.] |
| Face Value | Rs 2 per share |
| Price Band | Rs 627 to Rs 660 per share |
| Lot Size | 22 Shares |
| Total Issue Size | 22,110,955 shares (aggregating up to Rs 1,459.32 Cr) |
| Offer for Sale | 22,110,955 shares of ₹2 (aggregating up to Rs 1,459.32 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 90,763,500 |
Inox CVA IPO Timeline
| IPO Open Date | Thursday, December 14, 2023 |
| IPO Close Date | Monday, December 18, 2023 |
| Basis of Allotment | Tuesday, December 19, 2023 |
| Initiation of Refunds | Wednesday, December 20, 2023 |
| Credit of Shares to Demat | Wednesday, December 20, 2023 |
| Listing Date | Thursday, December 21, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 18, 2023 |
Inox CVA IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 22 | Rs 14,520 |
| Retail (Max) | 13 | 286 | Rs 188,760 |
| S-HNI (Min) | 14 | 308 | Rs 203,280 |
| S-HNI (Max) | 68 | 1,496 | Rs 987,360 |
| B-HNI (Min) | 69 | 1,518 | Rs 1,001,880 |
