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13 Aug 07 Indowind Energy Limited IPO

Indowind Energy Limited IPO, a Chennai based Wind Energy / Wind Farming company is coming out with an IPO through the book building process. Indowind Energy Limited IPO will open for subscription on Tuesday, 21 August 2007 and will close for subscription on Friday, 24 August 2007. Indowind Energy Limited has fixed the price band for the IPO between Rs. 55 and Rs. 65 per share. As per the Draft Prospectus, Indowind Energy Limited will use the proceeds of the IPO for expansion purposes. Indowind Energy Limited was one of the first companies to get carbon credits and the company is now making huge money by selling carbon credits. Post IPO, the shares of Indowind Energy Limited will be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The issue size of Indowind Energy IPO is about Rs. 100 crores. The lead managers for Indowind Energy Limited  IPO are UTI Securities, Canara Bank and Keynote Corporate Services. The registrar for the Indowind Energy Limited  IPO is Bigshare Services. For updates on the subscription / oversubscription ratio of Indowind Energy Ltd IPO and to know the IPO allotment status, refund details and listing date of Indowind Energy Ltd. IPO, do check this blog regularly.

Indowind Energy Limited IPO Prospectus
For more information, read the Draft Red Herring Prospectus of the Indowind Energy Limited IPO Issue.


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Reader's Comments

  1. |

    What is the rating of this IPO? Is it worth investing in?

  2. |

    whether this ipo shows good listing gains..and what is the rating it worths..

  3. |

    WILL YOU SUGGEST TO APLY INDOWINDS IPO?WITH WICH LOT?

  4. |

    IS IT WISE FOR A BEGINNER TO INVEST IN IPO WITH SMALL MONEY LIKE 5500

  5. |

    i have 5000 share of indowind at the price of 179.what can i do now the price is 70

  6. |

    just buy Suzlon and Indowind …. and just do not listen to any of these analysts who recomend good stocks only after they have made their entire killing



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