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Manumangalanubhai Manumangalangaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

MARKET

IPO Synopsis
Inox Clean Energy Ltd
Registered Office: 301, ABS Tower, Old Padra Road, , Vadodara - 390007, Gujarat
Phone: 1
Email:
Website: 1
Initial public offering of up to[*] equity shares of face value of Rs. 1 each ("Equity Shares") of Inox Clean Energy Limited ("The Company" or "Issuer") for cash at a price of Rs. [*] per equity share (including a premium of Rs. [*] per equity share) ("Offer Price") aggregating up to Rs. 10000.00 Crores comprising a fresh issue of up to [*] equity shares aggregating up to Rs. 8000.00 Crores by the company (the "Fresh Issue") and an offer for sale of up to [*] equity shares ("Offered Shares") aggregating up to Rs. 2000.00 Crores by Devansh Jain* (the "Promoter Selling Shareholder", and such offer for sale by the promoter selling shareholder, the "Offer For Sale" and together with the fresh issue, the "Offer"). The offer will constitute [*] % of the company post-offer paid-up equity share capital. The company, in consultation with the brlms, may consider a further issue of specified securities through a private placement, preferential offer or any other method as may be permitted under applicable law, aggregating up to 1600.00 Crores, at its discretion, prior to filing of the red herring prospectus with the roc ("Pre-Ipo Placement"). The pre-ipo placement, if undertaken, will be at a price decided by the company, in consultation with the brlms. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended ("scrr"). The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. Prior to the completion of the offer and allotment pursuant to the pre-ipo placement, the company shall appropriately intimate the subscribers to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result in the listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken) shall be appropriately made in the relevant sections of the red herring prospectus and prospectus and details of the pre-ipo placement, if any, shall be reported to the stock exchanges within 24 hours of such transactions, in accordance with regulation 54 of the sebi icdr regulations. The face value of the equity shares is Rs. 1 each. The offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.
Issue Money Payable On
Opens On Closes On Application Allotment
01-Jan-1970 01-Jan-1970 0.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 0.00
Project Financed through Current Offer 10,000.00
Post Issue Equity Share Capital 0.00
Issue Price 0.00
Projects
Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by its Company and/or certain of the company Subsidiaries (direct and indirect)
General corporate purposes
Promoted By
Devansh Jain
Avarna Jain
BSE
NSE
Registrar to the Issue
MUFG Intime India Pvt Ltd
Attention Investor

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