Sterling & Wilson Renewable Energy Ltd
Registered Office:
9th Floor Universal Majectic,P L Lokhande Marg Chembur (W),
Mumbai
-
400043,
Phone : 91-22-25485300
Fax : 91-22-25485331
Initial public offering of 36,533,820* equity shares of face value of Re. 1 each ("equity shares") of Sterling and Wilson Solar Limited ("the company" or the "issuer") for cash at a price of (Rs) 780 per equity share ("offer price") aggregating to (Rs) 2849.64* crores, comprising of an offer for sale of to 24,355,880* equity shares by Shapoorji Pallonji and Company Private Limited aggregating to (Rs) 1899.76* crores and 12,177,940* equity shares by Khurshed Yazdi Daruvala aggregating to (Rs) 949.88* crores (together, the "promoter selling shareholders") and such equity shares offered by the promoter selling shareholders (the "offered shares") (the "offer"). The offer constitutes 22.78% of the post-offer paidup equity share capital of the company.
**subject to finalisation of the basis of allotment
The face value of equity shares is Re. 1 each
Offer Price: (Rs)780 per equity share of face value of Re. 1 each.
The Offer Price is 780 Times of the face value.
Opens On
Closes On
Application
Allotment
06-Aug-19
08-Aug-19
780.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
19
Further Multiples of :
19
(Rs.Cr)
Lead Managers to the Issue
Project Cost
0.00
Axis Capital Ltd
Project Financed through Current Offer
2849.64
Post Issue Equity Share Capital
16.04
Listing of Shares on the Stock Exchanges
Shapoorji Pallonji & Co PvtLtd
Khurshed Yazdi Daruvala