IPO Synopsis
| Indosolar Ltd |
|---|
| Registered Office: C-12 Friends Colony (East),,New Delhi-110065, New Delhi |
| Tel. No: 91-11-26841375 |
| Fax No: 91-11-26843949 |
| Email: secretarial@indosolar.co.in, info@indosolar.co.in |
| Website: www.indosolar.co.in |
| Public issue of 12,31,03,448 equity shares of face value of Rs. 10 each ("Equity Shares") of Indosolar Limited (The "Company" or The Issuer") for cash at a price of Rs. 29 per equity share (including share premium of Rs. 19 per equity shares) aggregating Rs. 357.00 crores (The "Issue"). The issue will constitute 36.73% of the fully diluted post issue paid-up capital of the company. Issue price is Rs. 29 per equity share of face value of Rs. 10 each. The issue price is 2.9 times the face value |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 13-Sep-2010 | 15-Sep-2010 | ₹29.00 - 0.00 | |
| Minimum Application for shares in Nos : 200.0 | Further Multiples of :200.0 |
|---|
| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 352.94 | Enam Securities Pvt Ltd |
| Project Financed through Current Offer | 357.00 | |
| Post Issue Equity Share Capital | 335.14 | |
| Issue Price | 29.00 |
| Projects |
|---|
| To finance the expansion of manu. capacity for SPV |
| General corporate purposes |
| Promoted By |
|---|
| Bhushan Kumar Gupta |
| Hulas Rahul Gupta |
| Listing At |
|---|
| BSE |
| NSE |
| Registrar To The Issue |
|---|
