Sterling & Wilson Solar Ltd |
Registered Office:
9th Floor Universal Majectic,P L Lokhande Marg Chembur (W)
,
Mumbai
-
400043
,
Maharashtra
, India.
Phone :
91-22-2548 5300
Fax :
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 |
| Opened On |
Closed On |
Offer Price |
Application Money |
Allotment Money |
| 06-Aug-19 |
08-Aug-19 |
( )780.00 |
( )780.00 |
( )0.00 |
| Minimum Application for shares in Nos :19 Further Multiples of :19 |
| |
( Cr) |
Lead Managers to the Issue |
| Project Cost |
0.00 |
|
| Project Financed through Current Offer |
2849.64 |
|
| Post Issue Equity Share Capital |
16.04 |
|
| Face Value |
1 |
|
| Issue Price |
( )780.00 |
|
|
|
| Basis of Allotment |
| Category |
Issue Price
( ) |
No. of Applications |
No. of Equity
Shares Applied |
Amount
( ) |
No. of times Subscribed |
Shares Reserved |
No. of Shares Allotted |
| Retail Ind Investors (RIIs) |
780 |
37,827 |
11,36,998 |
88,80,63,401.00 |
0.2838 |
40,06,410 |
10,88,643 |
| Non Inst. Investors (NIIs) |
780 |
147 |
50,86,053 |
3,96,71,17,787.00 |
0.8463 |
60,09,615 |
50,84,324 |
| Qualified Inst Buyers (QIBs) |
780 |
50 |
1,23,32,007 |
9,61,89,65,460.00 |
1.026 |
1,20,19,231 |
1,23,32,007 |
| Employees |
0 |
0 |
0 |
0.00 |
0 |
0 |
0 |
| Existing Shareholders |
0 |
0 |
0 |
0.00 |
0 |
0 |
0 |
| Anchor Investors |
780 |
27 |
1,80,28,853 |
14,06,25,05,340.00 |
1 |
1,80,28,846 |
1,80,28,846 |
| Market Maker |
0 |
0 |
0 |
0.00 |
0 |
0 |
0 |
| Non-Retail Investors |
0 |
0 |
0 |
0.00 |
0 |
0 |
0 |
| Underwriter Devolvement |
0 |
0 |
0 |
0.00 |
0 |
0 |
0 |
| Total |
0 |
38,051 |
3,65,83,911 |
28,53,66,51,988.00 |
0.9131 |
4,00,64,102 |
3,65,33,820 |
|