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Insolation Energy Ltd
Registered Office:
G-25 City Centre Near MI Road,Sansarchand Road, Jaipur - 302001, Rajasthan, India.
Initial public issue of upto [*] * equity shares of face value of Rs. 10/- each ("Equity Shares") of Insolation Energy Limited ("Company" or "Issuer") for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share), aggregating upto Rs. 22.16 crores** ("The Issue"), of which [*] equity shares of face value Rs. 10/- each for cash at a price of Rs. [*] per equity share, aggregating Rs. 1.12 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e., net issue of [*] equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*] per equity share, aggregating Rs. [*] is hereinafter refered to as the "Net Issue". The issue and the net issue will constitute [*] % and [*] % respectively of the fully diluted post issue paid up equity share capital of the company. Price Band: Rs.36 to Rs.38 per equity share of face value of Rs.10 each. The Floor Price is 3.6 times the face value of the Equity Share and the Cap Price is 3.8 times the face value of the Equity Shares. Bid can be made for a minimum of 3000 Equity Shares and in Multiples of 3000 Equity Shares thereafter.
Issue
Opens On Closes On
26-Sep-22 29-Sep-22
Money Payable On
Application Allotment
36.00 0.00
Minimum Application for shares in Nos : 3000  Further Multiples of : 3000
()(Cr.) Lead Managers to the Issue
Project Cost () 0.00 Holani Consultants Pvt Ltd
Project Financed through Current Offer () 22.16  
Post Issue Equity Share Capital () 0.00  
Issue Price () 36.00  
Projects
Funding the working capital requirement of the company
General corporate purpose
Promoted By
Manish Gupta
Vikas Jain
Listing At
BSE - SME
Registrar to the Issue