IEX Buyback 2022 Record Date, Price & Ratio Details – IPO Watch


Buy back IEX 2022 was announced on November 18, 2022. The IEX The purchase opening date has not yet been announced. repurchase IEX the registration date is not fixed as it is a [.] buyback offer. Investor should purchase IEX Shares prior to the Record Date to be eligible for repurchase.

Buy IEX from ₹[.] crores approved by the board of directors at the meeting held on November 25, 2022. The repurchase of IEX will take place through the [.] route through the mechanism of the stock exchange. The company’s board of directors approved the company’s repurchase of its fully paid-up capital shares with a face value of ₹[.] each share of capital aa price of ₹[.] per capital share and for a total amount not exceeding ₹[.] millions of shareholders. Check out IEX Repurchase 2022 details below:

Indian Energy Exchange is India’s leading energy marketplace, providing a nationwide automated trading platform for the physical delivery of electricity, renewables and certificates. More recently, IEX has pioneered cross-border electricity trading by expanding its power market beyond India in an effort to create an integrated South Asian power market. IEX is powered by state-of-the-art, intuitive and customer-centric technology that enables efficient price discovery and ease of purchasing energy.

IEX has a robust ecosystem of over 6,800 participants located across 29 states and 5 Union Territories that includes over 55 distribution companies and over 500 conventional generators. It also has a strong base of over 4400 commercial and industrial consumers representing industries such as metal, food processing, textile, cement, ceramics, chemical, automotive, information technology industries , institutional industries, housing and real estate and commercial entities.

The exchange has ISO certifications for quality management, information security management and environmental management since August 2016 and is approved and regulated by the Central Electricity Regulatory Commission and has been operating since of June 27, 2008. IEX offers several attractive options for trading: electricity market, Green Market and Certificates.

IEX buyback history

  • IEX Buyback 2019: IEX did a buyback in March 2022 for ₹69 crore at ₹185 per share.

IEX 2022 buyback dates

Buyback meeting date: November 25, 2022
Buyback announcement date:
Repurchase registration date:
Redemption opening date:
Purchase closing date:
Completion of buyback acceptance:
Provisional IEX 2022 Buyback Time Table

Details of the IEX Buyback 2022 offer

Buy IEX from [.] equity shares at a price of ₹[.] per capital share. The buyback offers not to exceed ₹[.] crores of the total size of the repurchase offer.

Bid Amount: ₹[.] Crores
Number of shares: Equity shares
Apparent value: ₹[.] per capital share
Buyback price: ₹[.] per capital share
List: BSE
Repurchase Type: [.]
Letter of offer: Click here

IEX 2022 Repurchase Acceptance Ratio

The investor should shop around [.] shares at a current market price of ₹[.] (as of the date). The calculation will be ₹2,000,000 / ₹[.] repurchase price = [.] shares

Acceptance ratio investment Buyback of shares benefit
33% ₹[.] [.] ₹[.]
50% ₹[.] [.] ₹[.]
75% ₹[.] [.] ₹[.]
100% ₹[.] [.] ₹[.]

Financial report of the IEX

₹ in Crores
course income expense PAT
2020 ₹[.] ₹[.] ₹[.]
2021 ₹[.] ₹[.] ₹[.]
2022 ₹[.] ₹[.] ₹[.]

How to participate in IEX Buyback 2022

Investors are eligible for the buyback plan who hold IEX shares in their Demat account as a [.]. Eligible share holders can participate in the IEX Buyback 2022 scheme as per the opening form by selling their shares. The payment will be made according to the shares accepted by the company under the IEX buyback scheme.

IEX Buyback 2022 Registrar

Will update soon

Top IEX Buyback Managers 2022

Address of the company IEX

Will update soon

How to apply IEX buyback through Zerodha?

Log in to the console on the Zerodha website or app. Go to Portfolio and click on Corporate Shares. You will see the company name “IEX”. Click Place Order. Enter your amount and submit the IEX Redemption Request Form.

How to apply IEX buyback using Upstox?

Log in to the Upstox app with your credentials. Select the IEXount section. You will see the company name “IEX”. Click on IEX Stock for repurchase. Enter your amount and submit the IEX Redemption Request Form.

How to apply IEX buyback using Paytm Money?

Login to Paytm Money app with your credentials. Select the IEX. Enter your amount and submit the IEX Redemption Request Form.

IEX 2022 Buyback FAQ

When Is The IEX Buyback 2022 Record Date?

IEX 2022 repurchase record date is [.].

When is the opening date of IEX Buyback 2022?

The opening date of the IEX 2022 buyback is Will update soon.

What is the IEX Buyback 2022 price?

The company has set the price a ₹[.] by action

How to apply for IEX Buyback 2022?

As per registration date you must have IEX shares in your Demat account. You can participate in the buyback after holding the shares in your account.

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