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Inox Wind IPO to open on March 18; price band at Rs 315-325
Source: IRIS | 11 Mar, 2015, 04.35PM
Rating: NAN / 5 stars.
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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.

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