Swid Renewables Ltd - IPO

Swid Renewables Ltd IPO Details

Initial public offer of up to 44,00,000 equity shares of face value Rs. 10/- each (the Equity Shares) of Swid Renewables Limited (the Company or Swid or the Issuer) for cash at an issue price of Rs. [*] per equity share (including a securities premium of Rs. [*] per equity share) (Issue Price), aggregating up to Rs. [*] Crores (the Issue) of which up to [*] equity shares aggregating to Rs. [*] Crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. Issue of up to [*] equity shares of face value of Rs. 10/- each at an issue price of Rs. [*] per equity share aggregating up to Rs. [*] Crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute up to [*] % and up to [*] % respectively of the post-issue paid-up equity share capital of the company. The face value of equity shares is Rs. 10/- each. The issue price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Repayment and/or prepayment, in full or in part, of certain outstanding borrowings availed by the Company from banks and financial institutions.. Funding working capital requirements of the Company.. General corporate purposes..

Swid Renewables Ltd Contact Details

Swid Renewables Ltd, Office No S6-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - investors@swid.in

Website - www.swid.in