Sterling & Wilson Solar successfully closes its IPO today, backed by marquee global institutional investors

By -

The world’s largest solar EPC company, Sterling & Wilson Solar’s IPO saw its institutional portion oversubscribed with participation by reputed international long-term investors, including FPIs such as Nomura, Schroeder, Abu Dhabi Investment Authority (ADIA) and Fidelity. 

*Overall, the issue was subscribed 92%, including anchor investors. *

Due to the recent market conditions and changes in the application process, the retail portion was not fully subscribed.


As the issue is entirely an Offer for Sale and the QIB portion is 75%, the basic requirement for the success of the same according to the SEBI regulations, is that the QIB portion should be fully subscribed. Hence, this OFS of  Sterling and Wilson Solar is successfully subscribed with an overall  92% subscription.

Comments

  1. Phani Kumar9 July 2020 at 02:22

    Hey, thanks for the information. your posts are informative and useful. I am regularly following your posts.
    Infosys
    ICICI Bank
    Bharti Airtel
    Nestle India
    HCL Technologies
    Larsen & Toubro

    ReplyDelete

Post a Comment

Popular posts from this blog

QNet launches New Luxury Chairos Watches

By -
Image
·           Five new luxury watches  - Alpine Neo, Vector,  Crusader, Aquatica and Latitude launched in India under Chairos brand ·           Price range of the new collection is from Rs 62,000 to Rs 1,00,000 New Delhi, February 12  2018 :   Leading Asian direct selling company QNet has launched five new models under its luxury watch brand - Chairos. The Chairos brand is QNet’s proprietary range of luxury and sports watches exclusively for India. The new Chairos watches have been designed to combine form and functionality with timeless elegance and style. Commenting on the launch of the new range of watches, Trevor Kuna, Global CEO of QNet said, “Men typically don’t have many options for accessories to splurge on and watches have been known to convey a subtle message about the wearer’s personality. India is a fast growing global economy and more men are turning to active lifestyles, travel and exploring new experiences. Chairos is our flagship brand in India and we want
Read more

नान- शूगर स्वीटनरज़ प्रसिद्ध हो गए हैं: एफ आई सी सी आई सेमीनार मिथ को खत्म करता है और कम कैलरी वाले स्वीटनरज़ के स्वास्थ्य लाभों के बारे में बताता है

By -
मुंबई , 22  जून  2023:   एफ आई सी सी आई ने आज एक सेमीनार को आयोजित किया जिसमें  WHO NUGAG  निर्देशों के बारे में बताया हया जो की नान – शूगर स्वीटनरज़ (एन एस एस) के इस्तेमाल के साथ सम्बंधित हैं।  सेमीनार में आधुनिक विज्ञान सबूत और विश्व स्वास्थ्य संस्था (डब्ल्यू एच ओ) और प्रमुख भारतीय माहिरों के सुझावों की समीक्षा दी गई है। एफ आई सी सी आई ने कार्यवाही की मुख्य ज़रूरत को स्वीकार किया और उन उपायों को अपनाने पर जोर दिया जो ‘स्मार्ट विकल्पों ,  स्मार्ट लाभों और स्मार्ट भविष्य’ को प्रोत्साहित करते हैं।    इन्डियन काउंसिल आफ मेडिकल रिसर्च – इण्डिया डायबटीज़  (ICMR-INDIAB)  द्वारा किये गए हालिया अध्ययन के अनुसार ,  जो यह पुष्टि करता है कि भारत में 101 मिलियन डायबटीज़ के मरीज़ हैं ,  जिससे भारत आज एक डायबेटिक राष्ट्र बन गया है। मेडिकल ,  न्यूट्रीशनल ,  और विज्ञान क्षेत्रों के मुख्य माहिरों के सम्बन्ध में ,  जिसमें  डाक्टर वी मोहन  पदम् श्री अवार्डी ,   डाक्टर बी सेसीकरन ,  डाक्टरमंगेश तिवास्क्र ,  डाक्टर राजीव चावला ,  डाक्टर जगमीत मदान ,  और डाक्टर पुलकित माथुर ,  ने सेमीनार में क्रियाशील तौर पर भा
Read more

Pension Adalat

By -
The Chief Postmaster General, Maharashtra Circle, Mumbai will be holding the 53rd Postal Pension Adalat for pensioners/family pensioners of Postal Department on 29th Sept 2023 at 11.00 Hrs, in the Office of Chief Postmaster General, Maharashtra Circle, Mumbai -400 001. Grievances regarding pensionary benefits pertaining to those who retired/died while in service from Department of Posts, Pensioners of Postal Department, Maharashtra and Goa States, which have not been settled within 3 months, will only be entertained in the Postal Pension Adalat.  Cases involving purely legal points i.e. succession, Notional pension, TBOP/MACP Promotion, stepping up of pay and disciplinary cases involving policy matters and cases pending for review of DPC will not be considered in Pension Adalat .  Pensioner should forward their grievance individually (not in bulk or on behalf of others) in triplicate in the proforma attached to Accounts Officer, Pension Adalat, O/o Chief Postmaster General, Maharashtr
Read more