Indian Energy Exchange Ltd. share price target

Indian Energy Exchange (IEX) is India's no.1 power exchange. We expect increasing power surplus and continuous improvement in power transmission capacity & reach to drive strong growth for the short-term power trading market. CRIS (Crisil Research & Infrastructure Solutions) forecasts the same to grow at a CAGR of over 20% in FY17-22E and forecasts the share of energy exchanges to increase from 34.5% in FY17 to 43% in FY22. This augurs well for IEX given its dominant market share (avg. 93.5% in the last 5 years). We believe that IEX is well placed to drive sustainable growth given the market opportunity, strong & experience management and highly scalable & proven technology...

Their participants registered to trade electricity contracts are located across 29 states and 5 union territories of India and include 50 distribution companies, over 400 electricity generators and over 3,900 open access consumers. In FY17, such participants traded...

Issue Open: Oct 09 - Oct 11, 2017,Price Band: Rs. 1645 - 1650, Issue Size: 6,065,009 Equity Shares, (Entirely Offer for sale), Offer Size: Rs.997.69 crs - 1000.72 crs Indian Energy Exchange Ltd IPO

Indian Energy Exchange Ltd. (IEX) is the largest exchange for the trading of a range of electricity products in India, in terms of traded contract volumes in FY17 according to the Central Electricity Regulatory Commission (CERC). Electricity products traded over its electronic trading platform comprise (i) electricity contracts in blocks of 15 minutes in the Day-Ahead-Market (DAM), (ii) electricity contracts for fixed terms in the future, such as intra-day contracts, day ahead contingency contracts and contracts up to 11 days ahead, known as the Term-Ahead-Market (TAM) and (iii) renewable energy certificates (RECs). IEX has commenced the trading of energy saving certificates (ESCerts) on Exchange on September 26, 2017. It is one of two exchanges in India that offer an electronic platform for the trading of electricity products and have a substantial majority market share among the power exchanges in India. The DAM constitutes the substantial majority of the...

Indian Energy Exchange (IEX) is the dominant exchange in India for trading electricity in the country. It has a market share of over ~98% of the volumes in the power exchange industry. Outlook & Valuation: IEX is likely to continue its current growth trajectory as the short-term electricity market would continue its migration away fro..

Indian Energy Exchange (IEX) is the dominant exchange in India for trading electricity in the country. It has a market share of over ~98% of the volumes in the power exchange industry. Outlook & Valuation: IEX is likely to continue its current growth trajectory as the short-term electricity market would continue its migration away fro..

Indian Energy Exchange Ltd. (IEX) is one of two exchanges in India that offer an electronic platform for the trading of electricity products and have a substantial majority market share in India. The company is coming up with a public issue, were it will sell 6.1mn...

Indian Energy Exchange (IEX), incorporated in 2008, is one of two power exchanges in India offering an electronic platform to trade electricity products. It has a dominant majority market share of 94.8% compared to its sole competitor. The company provides an automated platform for physical delivery of electricity. IEX enables efficient price discovery and offers participants opportunity to trade in a variety of energy products. Its exchange platform increases accessibility, transparency of the power market in India and enhances speed and efficiency of trade execution. It...

Incorporated in 2007, Indian Energy Exchange Ltd (IEX) is a 'power exchange' offering trading in a range of electricity products in India. IEX Exchange is an online trading platform which is accessible to registered participants. It promotes efficient price discovery and the opportunity to trade in a variety of electricity products. In addition to trade execution, IEX also offers settlement services, including electronic trade confirmation, access to clearing services and risk management functionality. IEX holds 99.4% market share in DAM (Dayahead-market), 67.9% in TAM (Term-ahead-market) and 71.2% market share in RECs...