Indosolar entering capital market on September 13, 2010
at Thursday, September 9, 2010
Indosolar Limited (the “Company” or “the Issuer”), a manufacturer of poly-crystalline solar photo-voltaic (“SPV”) cells, is entering the capital market on September 13, 2010, with a public issue of equity shares of Rs. 10 each (“Equity Shares”) for cash at a price (including a premium to be determined through a 100% Book Building Process) aggregating up to Rs. 357 crore (the “Issue”). The Price Band has been fixed between Rs. 29 and Rs. 32 per equity share. The Issue will close on September 15, 2010.
