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Sterling & Wilson Renewable Energy Ltd

Sterling & Wilson Renewable Energy Ltd

    Registered Office : 9th Floor Universal Majectic,P L Lokhande Marg Chembur (W),Mumbai Maharashtra 400043 Phone : 91-22-25485300
    Fax : 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

Opens On

Closes On

06-Aug-2019

08-Aug-2019

Money Payable On

Application

Allotment

780.00

0.00

Minimum Application for shares in Nos : 19.0 Further Multiples of : 19.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

2,849.64

16.04

780.00

Axis Capital Ltd

Credit Suisse Securities (India) Pvt Ltd

Deutsche Equities India Pvt Ltd

ICICI Securities Ltd

IIFL Holdings Ltd

Indusind Bank Ltd

SBI Capital Markets Ltd

Yes Securities (India) Ltd

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
  • MUFG Intime India Pvt Ltd