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
Allotment
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