Indowind Energy Ltd |
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Registered Office: Kothari Building 4th Floor, 114 Nungambakkam High Road, Chennai - 600034, Tamil Nadu |
Phone: 91-044-28330867/28331310 |
Email: complianceofficer@indowind.com |
Website: www.indowind.com |
Public issue of 1,25,00,000 equity shares of Rs. 10/- each for cash at a price of Rs.65/- per equity share (including equity share premium of Rs.55/- per equity share aggregating to Rs.81.25 Crores (the "issue") by Indowind Energy Limited ("our company" or "issuer"). Out of which 2,60,000 equity shares of Rs.10/- each have been reserved for subscription by eligible employees of our company aggregating Rs.1.69 ("employee reservation portion"),and net issue of 1,22,40,000 equity shares of Rs. 10/- each aggregating to Rs.[*] ("net issue"). The net issue would constitute 25% of the fully diluted post issue paid up capital of our company. Issue Price is Rs.65/- per equity share of face value of Rs. 10/- each. The issue price is 6.5 times of the face value |
Issue | Money Payable On | ||
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Opens On | Closes On | Application | Allotment |
21-Aug-2007 | 24-Aug-2007 | ₹ 65.00 | ₹ 0.00 |
Minimum Application for shares in Nos : 100.0 Further Multiples of : 100.0 | ||
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(₹)Cr. | Lead Managers to the Issue | |
Project Cost | 0.00 | Canara Bank |
Project Financed through Current Offer | 81.25 | |
Post Issue Equity Share Capital | 48.96 | |
Issue Price | ₹65.00 |
Projects |
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Setting up 9MW Wind Farm Project is |
Purchase of Hydraulic Cranes |
Acquis.of second hand Wind Energy Genertors fr Bnk |
Foreclosure of lease with ICICI bank & UTI Bank |
Meet the Addl Working Capial Requirements |
Promoted By |
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K V Bala |
Subuthi Finance Ltd |
Loyal Credit & Investments Ltd |
Listing At |
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BSE |
NSE |
Registrar to the Issue |
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