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IPO Synopsis
Inox India Ltd
Registered Office: 9th Floor, K P Platina Racecourse, Vadodara - 390007, Gujarat
Phone: 1
Email: 1
Website: 1
Initial public offering of 22,110,955* equity shares of face value of Rs. 2 each ("Equity Shares") of Inox India Limited (the "Company" or the "Issuer") for cash at a price of Rs. 660 per equity share (including a share premium of Rs. 658 per equity share) ("Offer Price") aggregating to Rs. 1459.32 crores* (the "Offer"). The offer comprises an offer for sale of 22,110,955* equity shares of face value of Rs. 2 each ("Offered Shares") aggregating to Rs. 1459.32 crores*, comprising 10,437,355* equity shares aggregating to Rs. 688.87 crores* by Siddharth Jain, 5,000,000* equity shares aggregating to Rs. 330.00 crores* by Pavan Kumar Jain, 5,000,000* equity shares aggregating to Rs. 330.00 crores* by Nayantara Jain, 1,200,000* equity shares aggregating to Rs. 79.20 crores* by Ishita Jain (collectively referred to as the "Promoter Selling Shareholders"), 230,000* equity shares aggregating to Rs. 15.18 crores* by Manju Jain, 190,000* equity shares aggregating to Rs. 12.54 *crores by Lata Rungta, 13,400* equity shares aggregating to Rs. 0.88 crores* by Bharti Shah, 13,400* equity shares aggregating to Rs. 0.88 crores* by Kumud Gangwal, 13,400* equity shares aggregating to Rs. 0.88 crores* by Suman Ajmera, and 13,400* equity shares aggregating to Rs. 0.88 crores* by Rajni Mohatta (collectively referred to as the "Other Selling Shareholders"), (other selling shareholders together with the promoter selling shareholders, collectively referred to as the "Selling Shareholders"). The offer shall constitute 24.36% of the post-offer paid-up equity share capital of the company. The face value of the equity share is Rs. 2 each. The offer price is 330 times the face value of the equity shares. *Subject to finalisation of the basis of allotment.
Issue Money Payable On
Opens On Closes On Application Allotment
14-Dec-2023 18-Dec-2023 660.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 0.00
Project Financed through Current Offer 1,459.32
Post Issue Equity Share Capital 18.15
Issue Price 660.00
Projects
Listing of the Equity Shares on the Stock Exchanges
Promoted By
Pavan Kumar Jain
Nayantara Jain
Siddharth Jain
BSE
NSE
Registrar to the Issue
Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.