Inox Wind Ltd IPO

Closed

Subscription Details

  • Open Date 18 Mar
  • Close Date 20 Mar
  • Lot Size 45
  • IPO Size ₹ 1020.53 Cr
  • IPO Price Range ₹ 325
  • Min Investment ₹ 14625

Inox Wind Ltd IPO Timeline

Open Date
18 Mar
Close Date
20 Mar
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 31,918,226* equity shares of face value Rs. 10 each (equity shares) of Inox Wind Limited (company or issuer) for cash at a price of Rs. 325 per equity share (including a share premium of Rs. 315 per equity share) aggregating Rs. 1020.53 crores consisting of a fresh issue of up to 21,918,226* equity shares by the company aggregating up to Rs. 700.0 crores (fresh issue) and an offer for sale of up to 10,000,000 equity shares by Gujarat Fluorochemicals Limited (the selling shareholder) aggregating up to Rs. 320.53 crores (offer for sale). The fresh issue and the offer for sale are together referred to as the issue. The issue includes a reservation of up to 5,00,000 equity shares for subscription by eligible employees on a competitive basis (employee reservation portion). The issue less the employee reservation portion is hereinafter referred to as the net issue. The issue and the net issue will constitute 14.38% and 14.16%, respectively, of the post-issue paid-up equity share capital of the company. Issue Price: Rs. 325 per equity share of face value of Rs. 10 each. The issue price is 32.5 times the face value. Anchor Investor issue price : Rs. 325 per equity share. #Discount of Rs. 15 per equity share to the issue price has been offered to eligible employees(the Employee Discount) and to Retail individual Bidders(The Retail Discount).

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 Inox Wind Ltd IPO

Contact Information

Address

Plot No 1 Khasra No 264-267,
Industrial Area Village Basal,
Una, Himachal Pradesh 174103

Open Demat Account