Overall, the issue was subscribed 92 per cent, including anchor investors. Shapoorji Pallonji-backed Sterling & Wilson Solar on Thursday said it has successfully closed its initial public offer (IPO), backed by global institutional investors The solar EPC company saw its institutional portion oversubscribed with participation FPIs such as Nomura, Schroeder, Abu Dhabi Investment Authority (ADIA) […]
Sterling and Wilson Solar’s Rs 3,125 crore IPO to open on Aug 6
A portion of the net offer proceeds will be used towards funding full repayment of the loans. NEW DELHI: Sterling and Wilson Solar will hit the Street with its initial public offering (IPO) worth Rs 3,125 crore on August 6. The price band has been set in the range of Rs 775 to Rs 780. […]
Sterling and Wilson Solar gets Sebi nod for Rs 4,500 crore IPO
The IPO will be an OFS by the Chairman Khurshed Yazdi Daruvala and Shapoorji Pallonji and Company. New Delhi: Sterling and Wilson Solar Ltd (SWSL) has received approval from markets regulator Sebi to float its Rs 4,500-crore initial public offering. The capital markets regulator issued its final observations on SWSL’s IPO proposal on July 4, […]