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Track all the latest updates and news of Indosolar IPO.
April 18, 2024 9:46:00 PM
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Published by : Yahoo FinanceListing Info:
Listing Date: Wednesday, September 29, 2010
BSE Scrip Code: 533257
NSE Symbol: INDOSOLAR
Listing In: 'B' Group of Securities
ISIN: INE866K01015
Issue Price: Rs. 29.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share
Indosolar Limited IPO allotment status is now available online.
Indosolar IPO was open on Sep 13, 2010 and closed on Sep 15, 2010. IPO was oversubscribed by 1.55 times (1.81 times in retail).
Indosolar Limited IPO finally subscribed 1.55 times on its closing day. Indosolar IPO was open on Sep 13, 2010 and closed today on Sep 15, 2010 for subscription. Indosolar has received bids for 19,03,08,000 shares as against issue size of 12,31,03,448 shares.
Oversubscription detail
Qualified Institutional Buyers (QIBs): 1.44 Times
Non Institutional Investors: 1.30 Times
Retail Individual Investors (RIIs): 1.81 Times
Total: 1.55 Times
Indosolar Limited IPO subscribed 0.33 times on its day 2. Indosolar IPO was open on Sep 13, 2010 and will close tomorrow on Sep 15, 2010 for subscription. Indosolar has received bids for 4,05,45,000 shares as against issue size of 12,31,03,448 shares.
Oversubscription detail for Day 2
Qualified Institutional Buyers (QIBs): 0.38 Times
Non Institutional Investors: 0.05 Times
Retail Individual Investors (RIIs): 0.38 Times
Total: 0.33 Times
Indosolar Limited IPO subscribed 0.14 times on its day 1. Indosolar IPO opens today on Sep 13, 2010 and will close on Sep 15, 2010 for subscription. Indosolar has received bids for 1,77,46,400 shares as against issue size of 12,31,03,448 shares.
Oversubscription detail for Day 1
Qualified Institutional Buyers (QIBs): 0.10 Times
Non Institutional Investors: 0.05 Times
Retail Individual Investors (RIIs): 0.25 Times
Total: 0.14 Times
Indosolar Limited is entering in the capital markets with an initial public offering, IPO of Rs 357 crore. The price band for the issue has been fixed at Rs 29/- at lower level and Rs 32/- at upper level for equity share of Rs 10/-.
Indosolar Limited is a leading Indian manufacturer for photovoltaic cells. Indosolar manufactures poly-crystalline solar photo-voltaic (SPV) cells from silicon wafers utilizing crystalline silicon SPV cell technology for converting sunlight directly into electricity through a process known as the photo-voltaic effect.
The issue opens on Sep 13, 2010, and closes for subscription on Sep 15, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The Indosolar IPO is proposed to open on September 13, 2010. The IPO application ends on September 15, 2010.
Retail investors can apply in the retail or non-institutional investor category from September 13, 2010 to September 15, 2010. The Indosolar IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Indosolar IPO will open for subscription on September 13, 2010. The public issue will close on September 15, 2010.
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