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Open
18 Mar 2015
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Close
20 Mar 2015
3
Allotment
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Listing
Thu, Apr 9, 2015
Price Band
₹315 to ₹325
Issue Size
3,19,18,226 shares (agg. up to ₹1,021 Cr)
Lot Size
45 Shares
Listing Date
Thu, Apr 9, 2015
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 13.81x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion and upgradation of the existing manufacturing facilities | 147.48 |
| 2 | Long term working capital requirements | 290.00 |
| 3 | Investment in Subsidiary, IWISL, for the purpose of development of power evacuation infrastructure and other infrastructure development | 131.54 |
| 4 | General Corporate Purposes | 93.66 |
About Inox Wind IPO
Incorporated in April 2009; Inox Wind Limited is leading wind power solutions provider in India. Inox manufactures wind turbine generators. Company also offer services including wind resource assessment, site acquisition, infrastructure development, erection and commissioning, and also long term operations and maintenance of wind power projects.Company manufacture the components of wind turbine generators in-house with a view to ensuring high quality, advanced technology and reliability and maintaining cost competitiveness. Company has facilities dedicated to manufacturing nacelles, hubs, rotor blade sets and towers. Inox Wind have a perpetual license from AMSC Austria GmbH (formerly Windtec GmbH), or AMSC, a leading wind energy technology company based in Austria, to manufacture 2 MW WTGs in India based on AMSC's proprietary technology.In FY 2012 Company produced and sold 60 turbine generators and in FY 2013; 60 turbine generators of 2 MW each.+ Read More
Contact Details
Inox Wind Ltd. AddressPlot No.1, Khasra Nos.264 to 267Industrial AreaVillage BasalUna, Himachal Pradesh, 174103+91 1975 272001investors.iwl@inoxwind.comVisit Website