Inox India Ltd - IPO

Inox India Ltd IPO Details

Initial public offering of 22,110,955* equity shares of face value of Rs. 2 each (Equity Shares) of Inox India Limited (the Company or the Issuer) for cash at a price of Rs. 660 per equity share (including a share premium of Rs. 658 per equity share) (Offer Price) aggregating to Rs. 1459.32 crores* (the Offer). The offer comprises an offer for sale of 22,110,955* equity shares of face value of Rs. 2 each (Offered Shares) aggregating to Rs. 1459.32 crores*, comprising 10,437,355* equity shares aggregating to Rs. 688.87 crores* by Siddharth Jain, 5,000,000* equity shares aggregating to Rs. 330.00 crores* by Pavan Kumar Jain, 5,000,000* equity shares aggregating to Rs. 330.00 crores* by Nayantara Jain, 1,200,000* equity shares aggregating to Rs. 79.20 crores* by Ishita Jain (collectively referred to as the Promoter Selling Shareholders), 230,000* equity shares aggregating to Rs. 15.18 crores* by Manju Jain, 190,000* equity shares aggregating to Rs. 12.54 *crores by Lata Rungta, 13,400* equity shares aggregating to Rs. 0.88 crores* by Bharti Shah, 13,400* equity shares aggregating to Rs. 0.88 crores* by Kumud Gangwal, 13,400* equity shares aggregating to Rs. 0.88 crores* by Suman Ajmera, and 13,400* equity shares aggregating to Rs. 0.88 crores* by Rajni Mohatta (collectively referred to as the Other Selling Shareholders), (other selling shareholders together with the promoter selling shareholders, collectively referred to as the Selling Shareholders). The offer shall constitute 24.36% of the post-offer paid-up equity share capital of the company.The face value of the equity share is Rs. 2 each. The offer price is 330 times the face value of the equity shares.*Subject to finalisation of the basis of allotment.

Objective of issue

Listing of the Equity Shares on the Stock Exchanges.

Inox India Ltd Contact Details

Inox India Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - secretarial.in@inoxcva.com

Website - www.inoxcva.com