Thursday, August 23, 2007

Indowind Energy IPO

Indowind Energy is open for subscription with initial public offering (IPO) of 1.25 crore equity shares of Rs 10 in the price band of Rs 55-65 with 100% book building process, aggregating Rs 81.25 crore.

Issue Snapshot

* Issue of 1.25 crore shares
* IPO price - Rs 55- 65
* To raise Rs 68.75- 81.25 crore
* To constitute 25% of fully diluted capital
* Opens on August 21; Closes on 24th August
* 20% of issue reserved for employees

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