Indian Energy Exchange Limited (IEX) stands as India’s foremost power trading platform. This enterprise serves as the paramount energy marketplace, presenting a comprehensive automated trading platform spanning the entirety of the nation. It is dedicated to the tangible delivery of electricity, renewables, and certificates.
IEX boasts an extensive network of over 6,800 participants across 29 States and 5 Union Territories, encompassing a diverse array of stakeholders. This includes more than 55 distribution utilities and over 500 conventional generators. The company has further garnered a robust presence, catering to 4,400+ commercial and industrial consumers hailing from various sectors such as metal, food processing, textile, cement, ceramic, chemicals, automobiles, information technology industries, institutional, housing, real estate, and commercial entities.
Since August 2016, the Exchange has been proudly certified with ISO Certifications for quality management, information security management, and environmental management. Governed and sanctioned by the Central Electricity Regulatory Commission, IEX has been operational since June 27, 2008.
IEX extends a diverse range of trading avenues, encompassing the Electricity Market, Green Market, and Certificates.
Indian Energy Exchange Ltd Stock Quote #
- Open: ₹129.40
- High – Low: ₹130.60 – ₹128.10
- Previous Close: ₹129.10
- Total Traded Value: 33,37,141
- 52 Weeks High: ₹175.85 (Aug 17, 2022)
- 52 Weeks Low: ₹116.00 (Jun 09, 2023)
- Updated On: Aug 11, 2023 4:00 PM
Indian Energy Exchange Buyback Detail #
| Issue Period | Jan 11, 2023 – Mar 15, 2023 |
| Security Name | Indian Energy Exchange Ltd |
| Issue Type | Open Market Through Stock Exchange |
| Issue Size (Amount) | ₹98.00 Crores |
| Buyback Price | ₹200 per share |
| Face Value | ₹1 per share |
| Listing At | BSE, NSE |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth |
|---|---|---|---|---|
| 31-Mar-20 | 667.26 | 297.4 | 175.72 | 387.95 |
| 31-Mar-21 | 985.16 | 356.23 | 205.43 | 555.8 |
| 31-Mar-22 | 1696.19 | 484.4 | 308.64 | 703.41 |
| Amount in ₹ Crore | ||||
Stock price at BSE (in preceding 3 months) #
| Month | High Price | Low Price | Average Price |
|---|---|---|---|
| Dec-2022 | 152.30 | 129.25 | 143.39 |
| Nov-2022 | 151.70 | 137.50 | 144.66 |
| Oct-2022 | 146.95 | 133.95 | 139.78 |
Stock price at NSE (in preceding 3 months) #
| Month | High Price | Low Price | Average Price |
|---|---|---|---|
| Dec-2022 | 152.40 | 129.25 | 143.88 |
| Nov-2022 | 151.80 | 137.50 | 144.91 |
| Oct-2022 | 146.95 | 133.85 | 140.16 |
Necessity of the Issue #
The Buyback is being undertaken for the following reasons:
- The Buyback gives the Company an opportunity to distribute surplus cash to its shareholders.
- The buyback may help in improving return on equity and other financial ratios, by a reduction in the equity base, thereby leading to a long-term increase in shareholders’ value.
- The buyback gives an option to the existing equity shareholders to participate in the Buyback and receive cash in lieu of equity shares.
Indian Energy Exchange Buyback Documents #
Company Contact Information #
First Floor, Unit No. 1.14(a),
Avanta Business Centre, Southern Park,
D-2, District Centre, Saket, New Delhi – 110017 Phone: 0120 – 4648100
Email: contact@iexindia.com
Website: https://www.iexindia.com/default.aspx
Indian Energy Exchange Buyback Registrar #
Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Email: einward.ris@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
