Cosmic PV Power Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

₹ 640

Price Range (₹)

₹ -

Lot Size

-

Min Investment (₹)

₹ -

Listing Exchange

MumbaiNSE

Open Date

-

Close Date

-

Listing Date

-

Cosmic PV Power Ltd News

Cosmic PV Power Ltd IPO Details

Initial public offer of up to [*] equity shares of face value of Rs. 10/- each (equity shares) of Cosmic PV Power Limited (company) for cash at a price of [*] per equity share (including a share premium of [*] per equity share) (offer price) aggregating up to Rs. 640.00 crores (offer) comprising a fresh issue of up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 540.00 crores by the company (fresh issue) and an offer for sale of up to [*] equity shares of face value of Rs. 10/- each (offered shares) aggregating up to Rs. 100.00 crores (offer for sale) comprising up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 20.00 crores by Jenishkumar Deepakkumar Ghael, up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 20.00 crores by Shravan Kumar Gupta, up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 20.00 crores by Surabhi Sureshchandra Sahu, and up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 20.00 crores by Maitry Jenishkumar Ghael (promoter selling shareholders), comprising up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 3.22 crores by Chanakya Opportunities Fund i (investor selling shareholder), comprising up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 9.39 crores by RPV Holdings Private Limited, up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 0.78 crores by Shubhalakshmi Polyesters Limited and up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 0.35 crores by Nirwana Growth LLP (corporate selling shareholders), and comprising up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 3.52 crores by Reina Ramesh Jaisinghani, up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 0.98 crores by Yogesh Chaudhary, up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 0.78 crores by Ashish Mangal, up to [*] equity shares of face value of Rs.10/- each aggregating up to Rs. 0.59 crores by Vivek Lodha, and up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 0.39 crores by Vedant Loyalka (other individual selling shareholders) (collectively, the promoter selling shareholders, investor selling shareholder, corporate selling shareholders and other individual selling shareholders referred to as the selling shareholders, and such equity shares, the offered shares). The offer shall constitute [*]% of the post-offer paid-up equity share capital of the company.The company, in consultation with the brlms, may consider a pre-ipo placement of specified securities aggregating up to Rs. 108.00 crores, as may be permitted under the applicable law, at its discretion, prior to filing of the pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlms. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with Rule 19(2)(b) of the scrr. The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. Prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken). The face value of equity shares is Rs. 10/- each. The issue price is [*] times the face value of the equity shares. The face value of equity shares is Rs. 10/- each. The offer price is [*] times the face value of equity shares. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Financing the costs towards setting up of a planned manufacturing facility of the Company. General Corporate Purpose.

Cosmic PV Power Ltd Contact Details

Cosmic PV Power Ltd, 301 The Centrium, 3rd Flr 57 LBS, Nav Pada Kurla(W), Mumbai-400 070

Phone - 91 40 6716 2222/18003094001

Fax -

Email - compliance@cosmicpvpower.com

Website - www.cosmicpvpower.com