Indowind Energy Rights Issue 2024 Date, Price, Allotment, Ratio

Indowind Energy Rights issue date is fixed, the rights issue is to open on July 26 and will close on August 5, 2024. The Indowind Energy Rights issue record date is July 16, 2024, 2024. The company is to offer 21,466,956 equity shares at a price of ₹18 per share. The Indowind Energy Rights issue size will be ₹48.30 Crores. The entitlement ratio is 1:5, 1 rights share for every 5 fully-paid equity shares held on the record date. Check out Indowind Energy rights issue details.
Indowind Energy Rights 2024

Indowind Energy is a wind energy-based renewable power generation and distribution company focused on owning, operating, and maintaining windmills. They have been involved in the renewable energy industry concentrating on wind energy for over twenty-five years. Their windmills are located in the states of Tamil Nadu and Karnataka, which are one of the highest wind potential Indian states. They commenced their journey in the year 1995 with the setting up of their first windmill in the state of Tamil Nadu having a capacity of 225 KW. They have grown their business by acquiring and operating brownfield windmills from third parties and also by developing greenfield projects.

Indowind Energy Rights Issue Review

  • Avoid / Risky

Indowind Energy Rights Issue 2024 Dates & Time Table

Rights Issue Open:July 26, 2024
Rights Issue Close:August 5, 2024
Rights Record Date:July 16, 2024
Deemed Date of AllotmentAugust 9, 2024
Renunciation of Rights EntitlementsJuly 31, 2024

Indowind Energy Rights Issue 2024 Offer Details

Rights Issue Size:Approx ₹48.30 Crores
Price Band:₹22.5 Per Equity Share
Face Value:₹10 Per Equity Share
Listing on:BSE, NSE
Entitlement Ratio: 1:5 (1 rights share for every 5 shares)
Equity:21,466,956 Equity Share
Letter of Offer:Click Here
Application Form:Click Here
Live Share Price:Click Here

Indowind Energy Rights Issue 2024 Form & How to Apply

You can apply for Indowind Energy Rights Issue 2024 in two ways:

  • Net Banking (ASBA)
  • Registrar’s Website (R-WAP Facility)

Indowind Energy Financial Report

₹ in Crores
YearRevenueExpensePAT
2022₹20.10₹19.95₹0.12
2023₹29.06₹23.36₹19.27
2024₹30.17₹25.45₹5.38

Indowind Energy Rights Issue 2024 Allotment Status

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html

Indowind Energy Rights Issue 2024 Lead Managers

  • Srujan Alpha Capital Advisors Llp

Company Address:

Indowind Energy Ltd.
Kothari Buildings,
4 th Floor
Chennai-600034
Phone: 044-28331310
Email: [email protected]
Website: http://www.indowind.co.in/

Indowind Energy Rights Issue 2024 FAQs:


When is Indowind Energy Rights Issue 2024 Record Date?

Indowind Energy Rights Issue 2024 record date is July 16, 2024.

What is Indowind Energy Rights Issue 2024 Price?

The company has fixed the price at ₹22.5 per equity share.

What is the Indowind Energy Rights Issue 2024 Ratio?

The company has fixed the ratio (1:5), 1 Rights Equity Share for every 5 Equity Shares as on record date.

How to apply for Indowind Energy Rights Rights Issue 2024?

As per the record date you need to have Indowind Energy Rights shares in your Demat account. You can participate in Rights Issue via offline form download or you can apply online via ASBA or UPI options.

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