Indowind Energy Limited IPO (Indowind IPO) Detail

Aug 21, 2007 - Aug 24, 2007

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.

Objects of the Issue:

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.

Indowind IPO Details

IPO Opening Date	Aug 21, 2007
IPO Closing Date	Aug 24, 2007
Issue Type	Book Built Issue IPO
Face Value	₹10 per equity share
IPO Price	₹55 to ₹65 per equity share
Market Lot	100 Shares
Min Order Quantity	100 Shares
Listing At	BSE, NSE
Issue Size	12,500,000 Eq Shares of ₹10 (aggregating up to ₹81.25 Cr)

Indowind IPO Lot Size

The Indowind IPO market lot size is 100 shares. A retail-individual investor can apply for up to 30 lots (3000 shares or ₹195,000).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	100	₹6,500
Maximum	30	3000	₹195,000

Indowind IPO Subscription Status (Bidding Detail)

The Indowind IPO is subscribed 0.97x times on Aug 24, 2007 17:00. The public issue subscribed 1.12x in the retail category, 0.90x in the QIB category, and 0.85x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
Total	0.97x

Indowind IPO Prospectus

› Indowind IPO DRHP
› Indowind IPO RHP
› Indowind IPO Application Form Download

Indowind IPO Rating

123

3.7

Rating:

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Indowind IPO Listing Date

Listing Date	Friday, September 14, 2007
BSE Script Code	532894
NSE Symbol	INDOWIND
Listing In	B1 Group of Securities
ISIN	INE227G01018
IPO Price	₹65 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE
₹65.00
₹80.25
₹55.10
₹124.50
₹114.05
40,391,092

NSE
₹65.00
₹75.00
₹58.95
₹124.00
₹113.65
48,415,594

Indowind IPO Reviews / Ratings

Keynote Capitals Ltd - Neutral
S P Tulsian - Avoid

Company Contact Information

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

Indowind IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Indowind IPO Lead Manager(s)

UTI Securities Ltd

Lead Manager Reports

Indowind IPO FAQs

What is Indowind IPO?

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 equity share. The minimum order quantity is 100 Shares.

The IPO opens on Aug 21, 2007, and closes on Aug 24, 2007.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
When Indowind IPO will open?

The Indowind IPO opens on Aug 21, 2007 and closes on Aug 24, 2007.
What is the lot size of Indowind IPO?

Indowind IPO lot size is 100 Shares and the minimum order quantity is 100 Shares.
How to apply for Indowind IPO?

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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
When Indowind IPO allotment?

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.
When is Indowind IPO listing date?

The Indowind IPO listing date is on Friday, September 14, 2007.

Indowind IPO Message Board

Ranked Members

64. Dr DEEPAK JAISWAL |Sep 21, 2007 11:47

DONT MISS THIS OPPY BUY NOW THIS SCRIP
@123- TUESDAY YOU SEE THIS SCRIP OVER- 153

63. investors |Sep 18, 2007 21:05

Those making profits i think beter to sell. These kind of issues will go up and come down simply by trading. Once trading interest is over i think it will come down to 65-70 level. Be careful about your money. If you still believe god to hold then continue to hold. I
Because lot of retail guys stuck up with atlanta, autoline, pochiraju at much higher levels and now spending sleepless nights.
do take best care of yourselves. Dont speculate in stocks.

62. Madhu |Sep 18, 2007 17:07

Indowind listing is good lesson for experts and analyst who is giving investment ideas without proper understanding of the company. They are like doctors failed to understand the condition of the patient and failed to give proper treatment.Poor investors blindly follow these experts advise and queing up at fancy IPOs. For central bank, they created much hype and heavily subscribed and given merely 30% listing gains. IVR Prime left investors minimum 35%-40% loss.Currently indowind is quoting at more than 110% premium which was published by analysts/experts as it will list at discount minimum 25%.

61. Rahul |Sep 17, 2007 22:52

Every investor got atleast 10-25% returns on the day of
allotment. i too got benefited with 55% benefit. Then
why should i wait for too longer period with high risk?

60. Josi |Sep 17, 2007 14:16

With firm allotment, investors immensely benefitted. Though I did not wait for the maximum, I got 25% return

59. Balu |Sep 17, 2007 13:38

Guys,Lets understand onething.This stock belongs to power sector.Experts believe that power sector is going to do well.That is why Suzlon is doing well.So this stock should not dissapoint investors.So its wise to hold on to this stock.

58. MVPA |Sep 17, 2007 13:26

Indowind will face the same fate of SEL Manufacturing down from 248 to 116 levels. Cautious of trading this stock?????

57. CHN |Sep 17, 2007 13:19

hi,
it's purely baseless that indowind grow like suzlon and
comparitive grounds are far behind basics. Indowind will
normally trade between 50-60 levels only.

56. MJ |Sep 16, 2007 22:27

Hello Friends,
Indowind will outperform like suzlon and will touches
250-300 levels in very short term. Hold these stocks till
October last since there is a big announcement to come.
Good Luck to all.

55. JACOB |Sep 15, 2007 23:35

Hi Everyone..

This is a stock which grow like "Suzlon Energy" and will
do wonders in long term. It's still having good hope to
enter this stock at Rs. 115-120 Levels.

Thanks.

54. MVS |Sep 14, 2007 22:37

Kon bolta tha k Indowind discount me list hoga? 75% up me khula hai...................

53. TARUN |Sep 14, 2007 17:19

Indowind type of shares baffel everybody. It proves fools right or QIBs as fools. In short run fools may be right but in long run QIB prove right. Exceptions cannot be rules. Play by rules. It is better to be safe than sorry.

52. Gapoo |Sep 14, 2007 15:46

WOW I WAS ALWAYS WRITE TO GUIDE ALL TO MY FELLOW FRIEDNS THOUGH I HAVE SOLD MY HOLDING AT 84 OR SO BUT STILL I HAVE MAKE MUCH MONEY I WAS DEAD WRITE IN SEL MFG. COMPANY AND AGAIN IN INDOWIND, PEOPLE IN THIS FORM LAUGH AT ME AND WITHDRAW ALL THEIR APPLICATION ON INDOWIND ISSUE BUT I WAS RIGHT NOW I AM KEEPING MY FINGERS CROSSED ON MAGNUM VENTURE ANOTHER ISSUE WHERE WINDFALL OF PROFITS CAN BE EARNED ON LISTING DAY SO POOJA, AMIT, SHANKAR AND JOHNY JUST WAIT FOR MY NEW RECOMMENDATION ON THIS FORUM ENJOY THE SHARE MARKET BYE

51. Balu |Sep 14, 2007 15:38

Indowind Energy last traded at 118. It is jackpot for all who got alloted.

50. Karthik |Sep 14, 2007 15:11

Indowind reached 110 now. Whoever got shares allotted.. Enjoy...

49. Murthy |Sep 14, 2007 14:28

Hello,

Why is this stock in positive when it did not get fully subscribed???

48. Divakar |Sep 14, 2007 10:28

Losting ata discount ???????????? Was a big joke might be and some good luck !!!! thanks to the +ve markets .... HAs already touched Rs. 70 (7% percent profit and full alotment) good profit !!

47. maharaj |Sep 14, 2007 09:48

sell it in 1 st minute,,in minimum loss dont be in hopes that it will come near issue price........sell.

46. sanjay |Sep 14, 2007 00:16

indowind list on45.50 on 1st day

45. MAHARAJ |Sep 12, 2007 20:14

GET READY FOR 25 % DOWNSIDE ON 1 ST DAY THOSE WHO HAVE BEEN ALLOTED......BAD LUCK.

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