Indosolar Ltd - IPO

Indosolar Ltd IPO Details

Public issue of 12,31,03,448 equity shares of face value of Rs. 10 each (Equity Shares) of Indosolar Limited (The Company or The Issuer) for cash at a price of Rs. 29 per equity share (including share premium of Rs. 19 per equity shares) aggregating Rs. 357.00 crores (The Issue). The issue will constitute 36.73% of the fully diluted post issue paid-up capital of the company.Issue price is Rs. 29 per equity share of face value of Rs. 10 each.The issue price is 2.9 times the face value

Objective of issue

To finance the expansion of manu. capacity for SPV. General corporate purposes.

Indosolar Ltd Contact Details

Indosolar Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - secretarial@indosolar.co.in, info@indosolar.co.in

Website - www.indosolar.co.in