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84,005.74 profit arw 820.94 (0.99%)
Nifty
25,666.35 profit arw 250.55 (0.99%)
Nasdaq
18,013.98 profit arw 440.68 (2.51%)

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IPO Details


Indowind Energy Ltd
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
Opens On Closes On Application Allotment
21-Aug-2007 24-Aug-2007 65.00 0.00
Minimum Application for shares in Nos : 100 Further Multiples of : 100
()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
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
K V Bala
Subuthi Finance Ltd
Loyal Credit & Investments Ltd
Listing At
BSE
NSE
Registrar to the Issue
Big Share Services Pvt Ltd

INDIAN INDICES

Sensex

84,005.74 820.94 (0.99%)

Nifty

25,666.35 250.55 (0.99%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

18,013.98 440.68 (2.51%)

HANG SENG

18013.16 353.14(2.00%)