India, Sept. 30 -- Inox Green Energy Services Ltd (IGESL) has raised around Rs 300 crore through the issuance of equity shares to institutional investors.
A board committee approved the allotment of 1,81,10,473 equity shares to 20 qualified institutional buyers (QIBs) at an issue price of Rs 165.65 per share, aggregating to approximately Rs 299.99 crore.
The issue price represents a 5% discount of Rs 8.71 per share to the floor price of Rs 174.36 per share, according to the company's exchange filing.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....