This entry is part 6 of 6 in the series IPO 2014-15
inox wind ipo
Inox wind

INOX Wind Ltd  is coming up with a further Public Offer  (IPO) of its shares between 18 Mar 2015  to 20 Mar 2015. The price band of issue is Rs. 315 (Floor Price) to Rs. 325 (Cap Price) Retail DISCOUNT OF Rs. 15 PER EQUITY SHARE  TO RETAIL INDIVIDUAL BIDDERS

The minimum application size and bid lot  45 Equity Shares and in multiples of 45 Equity Shares thereof.

Issue Details

IPOINOX Wind Limited
Issue Open18 Mar 2015
Issue Close20 Mar 2015
Issue Size 1010 Cr to 1020 Cr
Price BandRs. 315 to Rs. 325
Retail Investor DiscountRetail Investor Discount Rs. 15
Bid Lot45 Equity Shares
RegistrarLink Intime India Pvt Ltd
Cheque in Favour of (Retail Investor) INOX Wind Public Issue - Escrow - R
NRI (Retail)-----
Listing BSE & NSE
IPO GradeN/A

Payment Schedule for Retail Application  (After Rs. 15 Discount = 325-15  =  310)

No. of SharesPrice per ShareAmount (Rs)
4531013950
9031027900
13531041850
18031055800
22531069750
27031083700
31531097650
360310111600
405310125550
450310139500
495310153450
540310167400
585310181350
630310195300

Company Profile

About Company Business:

Inox Wind Limited incorporated as a public limited company under the Company Act 1956 by the name “Inox Wind Ltd” on April 9, 2009. The Company received a certificate of commencement of business on April 15, 2009 from RoC.  The Company manufactures WTGs and provides turnkey solutions by supplying WTGs and offering services in relation to setting up and operating the WTGs.

Inox Wind Ltd, wind power solutions providers, manufacture wind turbine generators, or WTGs and provide turnkey solutions by supplying WTGs and offering services including wind resource assessment, site acquisition, infrastructure development, erection and commissioning, and also long term operations and maintenance of wind power projects.

The Company have facilities dedicated to manufacturing nacelles, hubs, rotor blade sets and towers. They also manufacture nacelles and hubs at its Una Unit, located in the Una district of Himachal Pradesh. Its rotor blade manufacturing facility and tower manufacturing facility are housed in its Rohika Unit.

Object of the Issue

  • Expansion and upgradation of  existing manufacturing facilities
  • Long term working capital requirements
  • Investment in Subsidiary, IWISL, for the purpose of development of power evacuation infrastructure and other infrastructure development; and
  • General Corporate Purposes.

 Allotment & Listing Details

Update Inox Wind Limitied IPO Allotment & Listing Details update  Shortly

Basis of Allotment:
Retail Investors will get 45 shares in 61:98 ratio.
Final Subscription: HNI 35.598
Unblocking of Funds: 31-Mar-15
Credit of Shares: Tentative 31-Mar-15

 

Allotment Link for Inox Wind IPO

Inox Wind Ltd -ISIN, Script Code, Listing & Allotment Details in Below Table

Name of CompanyInox Wind Ltd
Issue Open18 March 2015
Issue Close 20 March 2015
Allotment DateMarch 30, 2015
Listing Date April 9, 2015
Market lotOne Share
Face Value10
ISIN NoINE066P01011
Script Code539083
Script IDINOXWIND
BSE Notice No20150407-11

Collection Center @ Pune

7, Omkar Corner, opp Cosmos Bank ,

Tilak Road, Sadashiv Peth,

Pune 411030

Mobile:7719917444