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.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.

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.

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 Subscription,Allotment status, Refund Details and Listing Date of Indowind Energy Ltd. IPO, keep checking this blog regularly.

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