Insolation Energy Ltd RHP
Registered Office : G-25 City Centre Near MI Road , Sansarchand Road , Jaipur - 302001 , Rajasthan , India.
Phone : 91-9116122139 Fax :
Email :cs@insolationenergy.in Website : https://www.insolationenergy.in
Initial public issue of 58,32,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Insolation Energy Limited (Company or Issuer) for cash at a price of Rs. 38/- per equity share (including a share premium of Rs. 28/- per equity share), aggregating Rs. 22.16 crores (The Issue), of which 2,94,000 equity shares of face value Rs. 10/- each for cash at a price of Rs. 38/- per equity share, aggregating Rs. 1.12 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The issue less market maker reservation portion i.e., net issue of 55,38,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 38/- per equity share, aggregating Rs. 21.04 crores is hereinafter refered to as the Net Issue. The issue and the net issue will constitute 28.00% and 26.58% respectively of the fully diluted post issue paid up equity share capital of the company. Price Band: Rs. 38 per equity share of face value of Rs. 10 each. The Floor Price is 3.8 times the face value of the Equity Shares. Bid can be made for a minimum of 3000 Equity Shares and in Multiples of 3000 Equity Shares thereafter.
Issue | Money Payable On | ||
---|---|---|---|
Opens On | Closes On | Application | Allotment |
9/26/2022 12:00:00 AM | 9/29/2022 12:00:00 AM | Rs 38 - 0 | Rs 0 - 0 |
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000 | |||
Rs Cr | Lead Managers to the Issue | |
---|---|---|
Project Cost | 20.09 | Holani Consultants Pvt Ltd |
Project Financed through Current Offer | 22.16 | |
Post Issue Equity Share Capital | 20.09 | |
Issue Price | Rs. 38 |
Projects |
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Funding the working capital requirement of the company |
Promoted By | Listing At | Registrar to the Issue | ||
---|---|---|---|---|
| - | Bigshare Services Pvt Ltd |
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.