Inox Wind, leading wind power solutions providers, will be launching public issue on Mar. 18, 2014. It has set price band between Rs 315 to Rs 325 a share. The issue will close on Mar. 20, 2015.
The company is planning to raise Rs 10,000,000 equity shares consisting of approximately Rs 7 billion by way of fresh issue of equity shares, and its promoter Gujarat Fluorochemicals selling Rs 3 billion worth of shares.
The global co-ordinators and book running lead managers (GC-BRLMs) to the Issue are Axis Capital Limited, DSP Merrill Lynch Limited and Edelweiss Financial Services Limited and the book running lead manager (BRLM) is YES Bank.