Indowind Energy Ltd IPO

Closed

Subscription Details

  • Open Date 21 Aug
  • Close Date 24 Aug
  • Lot Size 100
  • IPO Size ₹ 81.25 Cr
  • IPO Price Range ₹ 65
  • Min Investment ₹ 6500

Indowind Energy Ltd IPO Timeline

Open Date
21 Aug
Close Date
24 Aug
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

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

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Indowind Energy Ltd IPO

Contact Information

Address

Kothari Building 4th Floor,
114 Nungambakkam High Road,
Chennai, Tamil Nadu 600034

Indowind Energy Ltd IPO Lead Manager

Canara BankUTI Securities Ltd
Open Demat Account