IPO Synopsis
| Sterling & Wilson Renewable Energy Ltd |
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| Registered Office: 9th Floor Universal Majectic,P L Lokhande Marg Chembur (W),Mumbai-400043, Maharashtra |
| Tel. No: 91-22-25485300 |
| Fax No: 91-22-25485331 |
| Email: ir@sterlingwilson.com |
| Website: https://www.sterlingandwilsonre.com |
| 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. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 06-Aug-2019 | 08-Aug-2019 | ₹780.00 - 0.00 | |
| Minimum Application for shares in Nos : 19.0 | Further Multiples of :19.0 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 0.00 | Axis Capital Ltd |
| Project Financed through Current Offer | 2,849.64 | Credit Suisse Securities (India) Pvt Ltd |
| Post Issue Equity Share Capital | 16.04 | Deutsche Equities India Pvt Ltd |
| Issue Price | 780.00 | ICICI Securities Ltd |
| Projects |
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| Listing of Shares on the Stock Exchanges |
| Promoted By |
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| Shapoorji Pallonji & Co PvtLtd |
| Khurshed Yazdi Daruvala |
| Listing At |
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| BSE |
| NSE |
| Registrar To The Issue |
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