Thursday, September 09, 2010
Upcoming IPO: Indosolar Limited
Indosolar Limited IPO Information:
- Issue Open: Sep 13, 2010
- Issue Close: Sep 15, 2010
- Issue Size: Rs. 357 Crore
- Face Value: Rs. 10 / Equity Share
- Issue Price: Rs. 29 - Rs. 32 Per Equity Share
- Minimum Quantity: 200 Shares (Rs. 6400 with 1 Lot)
- Maximum Quantity: 3000 Shares (Rs. 96000 with 15 Lot)
- Listing At: BSE, NSE
Indosolar Limited IPO Grading / Rating by CRISIL: IPO Grade 3/5. Means it has Average Fundamentals
The leading Indian manufacturer for photovoltaic cells. Currently 160 MWp capacity with an average efficiency rating of 16+% peaking at 17.2%. Production capacity is to be expanded to 260 MWp by end of 2011 fiscal year. Line C will have the capability to produce both multi and mono crystalline cells. Machinery and technology have been supplied by SCHMID GMBH on a turnkey basis.
Located in Greater Noida, Uttar Pradesh, India the facility is 55km from Delhi airport. Indosolar is a unique facility in a developing economy, fabricated over an area of 300,000sqft planned to accommodate a maximum of 4 productions lines.
“More than an industrial venture Indosolar is a mission, a challenge and a commitment to make India self reliant in solar energy.” Chairman – Indosolar
We at Indosolar are solely committed to the admirations of our stakeholder’s and it is our endeavor to succeed in all dynamics of global business.
Registered Office: Indosolar Limited, C-12, Friends Colony (East), New Delhi 110065, India
Phone: +91 11 26841375
Fax: +91 11 26843949
Book Running Lead Manager(s)
1. Enam Securities Private Limited
Registrar of Indosolar Limited
Link Intime India Private Ltd