| Inox India Ltd |
|---|
| Registered Office: 9th Floor, K P Platina Racecourse, Vadodara - 390007, Gujarat |
| Phone: +91 265 6160100 |
| Email: secretarial.in@inoxcva.com |
| Website: www.inoxcva.com |
| Initial public offering of 22,110,955* equity shares of face value of Rs. 2 each ("Equity Shares") of Inox India Limited (the "Company" or the "Issuer") for cash at a price of Rs. 660 per equity share (including a share premium of Rs. 658 per equity share) ("Offer Price") aggregating to Rs. 1459.32 crores* (the "Offer"). The offer comprises an offer for sale of 22,110,955* equity shares of face value of Rs. 2 each ("Offered Shares") aggregating to Rs. 1459.32 crores*, comprising 10,437,355* equity shares aggregating to Rs. 688.87 crores* by Siddharth Jain, 5,000,000* equity shares aggregating to Rs. 330.00 crores* by Pavan Kumar Jain, 5,000,000* equity shares aggregating to Rs. 330.00 crores* by Nayantara Jain, 1,200,000* equity shares aggregating to Rs. 79.20 crores* by Ishita Jain (collectively referred to as the "Promoter Selling Shareholders"), 230,000* equity shares aggregating to Rs. 15.18 crores* by Manju Jain, 190,000* equity shares aggregating to Rs. 12.54 *crores by Lata Rungta, 13,400* equity shares aggregating to Rs. 0.88 crores* by Bharti Shah, 13,400* equity shares aggregating to Rs. 0.88 crores* by Kumud Gangwal, 13,400* equity shares aggregating to Rs. 0.88 crores* by Suman Ajmera, and 13,400* equity shares aggregating to Rs. 0.88 crores* by Rajni Mohatta (collectively referred to as the "Other Selling Shareholders"), (other selling shareholders together with the promoter selling shareholders, collectively referred to as the "Selling Shareholders"). The offer shall constitute 24.36% of the post-offer paid-up equity share capital of the company. The face value of the equity share is Rs. 2 each. The offer price is 330 times the face value of the equity shares. *Subject to finalisation of the basis of allotment. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 14-Dec-2023 | 18-Dec-2023 | ₹ 660.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 22.0 Further Multiples of : 22.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 0.00 | Axis Capital Ltd |
| Project Financed through Current Offer | 1,459.32 | |
| Post Issue Equity Share Capital | 18.15 | |
| Issue Price | ₹660.00 | |
| Projects |
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| Listing of the Equity Shares on the Stock Exchanges |
| Promoted By |
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| Pavan Kumar Jain |
| Nayantara Jain |
| Siddharth Jain |
| Listing At |
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| BSE |
| NSE |
| Registrar to the Issue |
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