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IPO

IPO Synopsis
Sterling & Wilson Renewable Energy Ltd
Registered Office: 9th Floor Universal Majectic,P L Lokhande Marg Chembur (W) , Mumbai - 400043 , Maharashtra , India.
Phone : 91-22-25485300   Fax:91-22-25485331
Email :  ir@sterlingwilson.com  
Website :  www.sterlingandwilsonsolar.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 Allotment
06-Aug-19 08-Aug-19 Rs780.00-0.00 Rs0.00-0.00
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  
Issue Price Rs780.00  
 
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