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Indowind Energy Limited Rights Issue (Indowind Energy Rights Issue 2022) Detail

January 27, 2023 - February 24, 2023
Indowind Energy Limited Logo

Indowind Energy Limited is an Independent Power Producer and operates in the renewable energy field generating. They have dedicated Wind farms where they also offer allied services in the Wind Energy sector.

Indowind aspires to become a global player in the wind energy sector with its dedication and continuous growth in the sector. The company has impeccable capabilities in setting up, Operating, and Maintaining Wind farms backed by optimum machine availability. The customer base of the company largely consists of Corporates and EB and they serve them with their experience of over a decade of the domain and technology knowledge to provide end-to-end solutions & services.

Indowind Energy Rights Issue 2022 Detail

Issue Open January 27, 2023 - February 24, 2023
Security Name Indowind Energy Limited
Issue Size (Shares) 35,896,594
Issue Size (Amount) ₹43.08 Crores
Issue Price ₹12 per share
Face Value ₹10 per share
Listing At BSE, NSE
Terms of Payment

The entire amount is payable on the Application.

Entitlement 2 Equity Shares for every 5 Equity shares held on the Record Date

Indowind Energy Rights Issue 2022 Issue Timetable

Record Date January 13, 2023
Credit of Rights Entitlements January 20, 2023
Bid/Offer Opens On January 27, 2023
Renunciation of Rights Entitlements February 6, 2023
Bid/Offer Closes On February 24, 2023
Deemed Date of Allotment February 20, 2023
Credit Date February 24, 2023
Listing Date February 28, 2023

Company Financials

Indowind Energy Limited Financial Information (Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-21291.5120.670.22
31-Mar-22287.8270.13
Amount in ₹ Crore

Objects of the Issue:

The Object of the Issue is:

Repayment of secured loan obtained by the Company from EXIM Bank of India under the negotiated terms.

Indowind Energy Rights Issue 2022 Documents

Indowind Energy Rights Issue 2022 Rating

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Company Contact Information

Indowind Energy Limited
Kothari Buildings 4th Floor,
114, M.G. Road, Nungambakkam,
Chennai-600034

Phone: +91 44 28331956/57/58
Email: contact@indowind.com
Website: https://www.indowind.com/index.htm

Indowind Energy Rights Issue 2022 Registrar

  1. Bigshare Services Pvt Ltd
    Phone: +91-22-6263 8200
    Email: rightsissue@bigshareonline.com
    Website: https://ipo.bigshareonline.com/ipo_status.html

Indowind Energy Rights Issue 2022 Lead Manager(s)

Indowind Energy Rights Issue 2022 FAQs

The Indowind Energy Rights Issue 2022 opens on January 27, 2023, and closes on February 24, 2023.

Indowind Energy Rights Issue 2022 Schedule

Last Date for credit of Rights EntitlementsJanuary 20, 2023
Last Date for renunciation of Rights EntitlementsFebruary 6, 2023
Issue Opening DateJanuary 27, 2023
Issue Closing DateFebruary 24, 2023
Date of Allotment (on or about)February 20, 2023
Date of Credit (on or about)February 24, 2023
Date of Listing (on or about)February 28, 2023

Indowind Energy Rights Issue 2022 price is set at ₹12 per share per equity share.

The eligible shareholders are being offered 2 Equity Shares for every 5 Equity shares held on the Record Date (January 13, 2023).

The record date for the Indowind Energy Rights Issue 2022 is January 13, 2023.

The issue size of Indowind Energy Rights Issue 2022 is of 35,896,594 equity shares at ₹12 per share aggregating upto ₹43.08 Crores.

The Letter of Offer for Indowind Energy Rights Issue 2022 can be download here.

You can apply for Indowind Energy Rights Issue 2022 in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for Indowind Energy Rights Issue 2022 using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the Indowind Energy Rights Issue 2022 available on the list.
  4. Click the Apply button next to the Indowind Energy Rights Issue 2022.
  5. Fill and check your information.
  6. Submit the application.

Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.

Steps to apply for Indowind Energy Rights Issue 2022 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Indowind Energy Rights Issue 2022 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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