Market & News

Registered Office: #.501 Padma Palace 86,Nehru Place South Delhi, Delhi - 110019, New Delhi, India.
Phone : 0120 4399 946   Fax:
Email :  support@worldsolar.in  
Website :  www.worldsolar.in

Initial public offering of up to [*] equity shares of face value of Rs. 5 each (equity shares) of Solarworld Energy Solution Limited (the company or the issuer) for cash at a price of Rs. [*] per equity share (including a premium of Rs. [*] per equity share) (offer price) aggregating up to Rs. 490.00 crores (offer). The offer comprises of a fresh issue of up to [*] equity shares aggregating up to Rs. 440.00 crores (the fresh issue) and an offer for sale of up to [*] equity shares aggregating up to Rs. 50.00 crores by pioneer facor it infradevelopers private limited (the offer for sale). The offer will constitute [*]% of the post-offer paid-up equity share capital. Price Band: Rs. 333/- to Rs. 351/- for equity share of face value of Rs. 5 each. The floor price is 66.60 times times the face value and cap price is 70.20 times of the face value of the equity shares. Bids can made for a minimum of 42 equity shares and in multiples of 42 equity shares thereafter.