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Indowind IPO is a book built issue of Rs 81.25 crores.
Indowind IPO bidding started from August 21, 2007 and ended on August 24, 2007. The shares got listed on BSE, NSE on September 14, 2007.
Indowind IPO price band is set at ₹55 to ₹65 per share. The minimum lot size for an application is 100 Shares. The minimum amount of investment required by retail investors is ₹6,500.
Uti Securities Ltd is the book running lead manager of the Indowind IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to Indowind IPO RHP for detailed information.
IPO Date | August 21, 2007 to August 24, 2007 |
Listing Date | September 14, 2007 |
Face Value | ₹10 per share |
Price Band | ₹55 to ₹65 per share |
Lot Size | 100 Shares |
Total Issue Size | 12,500,000 shares (aggregating up to ₹81.25 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Investors can bid for a minimum of 100 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 100 | ₹6,500 |
Retail (Max) | 30 | 3000 | ₹195,000 |
Lot Size Calculator |
Incorporated in 1995, Indowind Energy Limited is in the business of power generation from wind based in India. Indowind offers solutions in wind energy to its customers in areas, which include turnkey projects in wind farming, green power sale to corporate, operations and maintenance services, and trading in wind mill and related assets.
Indowind has successfully installed & commissioned 34.74 MW wind turbines capacity across Tamilnadu (29.74 MW) and Karnataka (5MW).
Indowind has become the first Wind Energy company from India to get the Carbon Credits (Certified Emission Reductions) issued by UNFCCC for its recently commissioned 12.3 MW projects in Tamilnadu under the Clean Development Mechanism for the 'Green Power' generated from the windmill operations.
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital for
1. Setting up 9 MW Wind Farm Project in at Chitradurga, Karnataka;
2. Purchase of Hydraulic cranes;
3. Acquisition of second hand Wind Energy Generators (WEG) from Banks;
4. Meet the additional working capital requirements.
The Indowind IPO is subscribed 0.97 times on August 24, 2007 5:00:00 PM. The public issue subscribed 1.12 times in the retail category, 0.90 times in the QIB category, and 0.85 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|
Listing Date | September 14, 2007 |
BSE Script Code | 532894 |
NSE Symbol | INDOWIND |
ISIN | INE227G01018 |
Final Issue Price | ₹65 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE |
---|
₹65.00 |
₹80.25 |
₹55.10 |
₹124.50 |
₹114.05 |
NSE |
---|
₹65.00 |
₹75.00 |
₹58.95 |
₹124.00 |
₹113.65 |
Indowind Energy Limited
4th floor, Kothari Building,
114 Nungambakkam High Road,
Chennai- 600 0034 India
Phone: 044 2833 0867
Email: ipo@indowind.com
Website: http://www.indowind.com
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Indowind IPO is a main-board IPO of 12,500,000 equity shares of the face value of ₹10 aggregating up to ₹81.25 Crores. The issue is priced at ₹55 to ₹65 per share. The minimum order quantity is 100 Shares.
The IPO opens on August 21, 2007, and closes on August 24, 2007.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Indowind IPO opens on August 21, 2007 and closes on August 24, 2007.
Indowind IPO lot size is 100 Shares, and the minimum amount required is ₹6,500.
You can apply in Indowind IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Indowind IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Indowind IPO allotment status.
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