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
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.
|Particulars||For the year/period ended (in Rs.
|Profit After Tax||1,135.65||1,003.40||900.18||919.45||662.96|