Indowind Energy Ltd IPO

IPO Synopsis

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