Monday, August 13, 2007

Indowind Energy Limited IPO Opening in Aug 21

Hi Friends,

Incorporated in 1995, Indowind Energy Limited is in the business of power generation from wind based in India. Indowind offers solutions in wind energy to its customers in areas, which include turnkey projects in wind farming, green power sale to corporate, operations and maintenance services, and trading in wind mill and related assets.

Indowind Energy Limited is entering the capital markets with an initial public offering, IPO of 1,25,00,000 Equity Shares, for cash, at a premium to be decided through a 100% Book Built Issue.
The price band for the issue has been fixed at Rs 55/- at lower level and Rs 65/- at upper level for equity share of Rs 10. The issue opens on Aug 21, 2007, and closes for subscription on Aug 24, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Click here for more information about Indowind Energy Limited IPO.