Inox Green Energy Closes QIP, Allots 1.81 Cr Shares at ₹165.65

Inox Green Energy Services Ltd (IGESL) announced the closure of its Qualified Institutions Placement (QIP) issue on September 29, 2026. The company approved the allocation of 1,81,10,473 equity shares at an issue price of ₹165.65 per share, which includes a premium of ₹155.65 and a discount of ₹8.71 (5%) on the floor price of ₹174.36. This pricing was determined in accordance with SEBI ICDR Regulations. The Operations Committee also approved the placement document and finalized the confirmation of allocation notes to be sent to eligible qualified institutional buyers. The QIP opened on September 24, 2026, and closed on September 29, 2026.