Inox set to list at premium

The issue price was fixed at higher end of price band of Rs 315-325 a piece.

Apr 09, 2015 03:04 IST India Infoline News Service

Inox Wind will list its equity shares on exchanges
The issue price was fixed at higher end of price band of Rs 315-325 apiece.
"Trading Members of the Exchange are hereby informed that effective from April 09, 2015, the equity shares of Inox Wind Ltd (Scrip Code: 539083) are listed and admitted to dealings on the Exchange in the list of 'B' Group Securities, " according to BSE.
The public issue of equity shares of face value Rs. 10 each (“Equity Shares”) for cash, at a price per Equity Share (including a Share Premium) consisting of a Fresh Issue of Equity Shares aggregating up to Rs. 7,000 million (“Fresh Issue”) and an Offer for Sale of 10,000,000 Equity Shares by Gujarat Fluorochemicals Limited (“The Selling Shareholder”) (“Offer For Sale”). The Fresh Issue and the Offer for Sale are together referred to as the “Issue”. 

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