Suzlon Energy Ltd IPO

Closed

Subscription Details

  • Open Date 23 Sep
  • Close Date 29 Sep
  • Lot Size 12
  • IPO Size ₹ 1496.34 Cr
  • IPO Price Range ₹ 510
  • Min Investment ₹ 6120

Suzlon Energy Ltd IPO Timeline

Open Date
23 Sep
Close Date
29 Sep
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 29,340,000 equity shares of Rs. 10 each for cash at a price of Rs. 510 per equity share (including a share premium of Rs. 500 per equity share) aggregating Rs. 1496.34 crores, consisting of a fresh issue of 26,762,680 equity shares by Suzlon Energy limited (company or issuer) and an offer for sale of 2,577,320 equity shares by Citicorp International Finance Corporation Inc. (Citicorp or the selling Shareholder). The fresh issue and the offer for sale are jointly referred to herein as the issue. 585,000 equity shares will be reserved in the issue for subscription by eligible employees in India (the Employee Reservation Portion) . The issue would constitute 10.20% of the fully diluted post issue paid-up capital of the company.

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 Suzlon Energy Ltd IPO

Contact Information

Address

Suzlon 5 Shrimali Society,
Nr Krishna Complex Navrangpura,
Ahmedabad, Gujarat 380009

Open Demat Account