Power Exchange India Ipo

Power exchange india ipo

Indian Energy Exchange IPO - Review (IEX Exchange) ! Indian Energy Exchange ltd IPO ! IPO !

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.

What are the best investment options for 2020

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).

Power exchange india ipo

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:

ParticularsFor the year/period ended (in Rs.

million)

 31-Mar-1731-Mar-1631-Mar-1531-Mar-1431-Mar-13
Total Assets5,517.144,237.554,057.373,688.672,822.16
Total Revenue2,374.232,001.401,763.781,739.901,383.65
Profit After Tax1,135.651,003.40900.18919.45662.96

 

Power exchange india ipo