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GO
anubhai
angaldas Securities Pvt. Ltd.
Member: BSE - NSE - CDSL
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IPO Synopsis
Indowind Energy Ltd
Registered Office: Kothari Building 4th Floor, 114 Nungambakkam High Road, Chennai - 600034, Tamil Nadu
Phone: 1
Email:
1
Website:
1
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
0.00 - 0.00
Cr.
Lead Managers to the Issue
Project Cost
0.00
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
BSE
NSE
Registrar to the Issue
Attention Investor
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in your demat account directly from CDSL on the same day......................
issued in the interest of investors.
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