IPO

Sterling & Wilson Solar Ltd

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
Opens On Closes On
06-Aug-19 08-Aug-19
Money Payable On
Application Allotment
780.00 0.00
Minimum Application for shares in Nos : 19 Further Multiples of : 19
Cr Lead Managers to the Issue
Project Cost (.Cr) 0.00 Axis Capital Ltd
Project Financed through Current Offer (.Cr) 2849.64  
Post Issue Equity Share Capital (.Cr) 16.04
Issue Price () 780.00
Projects
Listing of Shares on the Stock Exchanges
Promoted By
Shapoorji Pallonji & Co PvtLtd
Khurshed Yazdi Daruvala
Listing At
BSE
NSE
Registrar to the Issue
Link Intime India Pvt Ltd